What is PresenceLearning?
PresenceLearning operates at the intersection of education technology and healthcare, offering a comprehensive platform that connects K-12 schools with licensed therapists and mental health professionals via teletherapy. The company's software solutions streamline the delivery of special education services, behavioral counseling, and mental health support, ensuring that students receive timely and specialized care regardless of geographical limitations. By leveraging technology, PresenceLearning aims to bridge the gap in service provision, particularly in underserved areas, and enhance the overall well-being and academic success of students. The company's commitment to quality and accessibility has positioned it as a leader in the teletherapy space for K-12 institutions.
How much funding has PresenceLearning raised?
PresenceLearning has raised a total of $63.8M across 4 funding rounds:
Series A
$3.8M
Series B
$8M
Series C
$25M
Series D
$27M
Series A (2011): $3.8M, investors not publicly disclosed
Series B (2013): $8M led by Calvert Funds, Blue Heron Capital, Birchmere Ventures, Catamount Ventures, New Markets Venture Partners, and Allen & Company LLC
Series C (2015): $25M supported by Catalyst Investors, Birchmere Ventures, Catamount Ventures, New Markets Venture Partners, and Blue Heron Capital
Series D (2020): $27M featuring Catamount Ventures, New Markets Venture Partners, Catalyst Investors, and Bain Capital
Key Investors in PresenceLearning
Catalyst Investors
Catalyst Investors is a growth equity firm specializing in helping B2B companies scale. They provide strategic, tactical, and financial support to entrepreneurs during critical growth phases, with a portfolio that includes IT software marketplaces and mental health service providers.
Catamount Ventures
Catamount Ventures partners with entrepreneurs in education, healthy living, and sustainability, focusing on early-stage, mission-oriented investments that create positive social change. They have a significant impact on the education technology market.
New Markets Venture Partners
New Markets Venture Partners is an edtech venture capital firm investing in innovative education and workforce technology startups. They provide funding and strategic support to mission-driven companies aiming to transform learning and enhance economic mobility.
What's next for PresenceLearning?
With a substantial history of capital investment, PresenceLearning is well-positioned for continued expansion and innovation. The enterprise-level funding suggests a focus on scaling operations, enhancing its technological infrastructure, and potentially broadening its service offerings to encompass a wider range of educational and mental health needs. Future strategic moves may include further development of its software platform to incorporate advanced analytics and personalized learning tools, as well as expanding its network of providers to meet the escalating demand for teletherapy services. The company's robust funding history indicates a clear path toward solidifying its market leadership and driving further advancements in the edtech and teletherapy sectors.
See full PresenceLearning company page