Investor Type | Firm |
Industries | IT (& TMT) • Education |
Stages | Early,Seed |
Investing | United States |
Investment Range | $650,000 - $870,000 |
Edovate Capital is a venture capital firm focused on seeding and fostering early-stage growth in information technology and education sector companies. Founded in 2013 and based in Denver, Colorado, their investment strategy revolves around identifying capital-efficient education technology companies grappling with the toughest challenges in education, funding their development, and magnifying their societal impact. Edovate invests in innovative products like interactive educational platforms, support systems for students and teachers, and tools that streamline educational technology for schools and districts. By partnering with determined social entrepreneurs, Edovate enhances their go-to-market approaches and vests in key hires to accelerate company success, fostering both rapid growth and early profitability. Their commitment, dubbed 'Impact 100 by 40', is to invest in 100 sustainable K-12 Edtech companies by 2040, thus accelerating the enhancement of public school systems. Edovate actively supports initiatives embedded with social and emotional learning, addresses learning loss, and strengthens pathways to employment. Furthermore, they facilitate integration of novel digital infrastructures within schools and endeavor to improve education for marginalized students. Their minimum investments sit at $650,000, with a maximum cap at $870,000. Edovate not only invests financially but also offers strategic consulting, leveraging a coalition of industry partners to catalyze social change and augment the quality of education.