Dropout recovery organization raises venture capital financing

7/29/2012 12:00:00 AM

The American Academy (TAA), which partners with school districts across the nation to recruit, enroll and educate children who cannot or will not attend school, has secured $6 million in Series C financing to bolster its commitment to getting more at-risk youth to graduation day. In conjunction with the Series C investment, Mark Grovic, co-founder and General Partner at New Markets Venture Partners, joined the Company’s Board of Directors.

TAA has added more than three dozen school district partners over the past year and will serve nearly 3,000 students in 2012 with its NoDropouts program. The program provides combination of online learning, netbook computers with 4G internet access, and multi-tiered social, emotional and educational support.

 
comments powered by Disqus

KIBO from KinderLab Robotics wins 2017 Parents’ Choice Gold Award in the Toy Category

Unique robot kit helps young children develop STEM skills and confiden...

CDI Reaches 2.5 Million Recertified Computers and Notebooks Deployed into K-12 Schools

CDI Recertified Program’s rigorous quality control process benef...

Registration for Learning.com’s 2017 Code-a-Thon Opens October 18

Annual Competition Provides Young Learners With Introduction to Coding...

StudySync Announces its Fifth Annual MyStudySyncTV Contest

NEW YORK (Oct. 18, 2017) – Budding actors, actresses and film di...

Fuel Education Adds Reading Literacy Platform to its Suite of K-12 Digital Solutions

Big Universe provides thousands of high-interest eBooks and reading to...

T&L Partner Post
Tweets