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Overview
The U.S. Department of Education is the agency of the federal government that establishes policy for, administers and coordinates most federal assistance to education. It assists the president in executing his education policies for the nation and in implementing laws enacted by Congress. The Department's mission is to serve America's students-to promote student achievement and preparation for global competitiveness by fostering educational excellence and ensuring equal access.
In 2007-08, the Department's elementary and secondary school programs served approximately 55 million students (pre-K through grade 12) attending some 100,000 public schools and 34,000 private schools. Department programs also provided grant, loan and work-study assistance to about 10 million undergraduate students. *
When Congress created the Department in 1979, it declared these purposes:
to strengthen the Federal commitment to ensuring access to equal educational opportunity for every individual; to supplement and complement the efforts of States, the local school systems and other instrumentalities of the States, the private sector, public and private educational institutions, public and private nonprofit educational research institutions, community-based organizations, parents, and students to improve the quality of education; to encourage the increased involvement of the public, parents, and students in Federal education programs; to promote improvements in the quality and usefulness of education through federally supported research, evaluation, and sharing of information; to improve the coordination of Federal education programs; to improve the management and efficiency of Federal education activities, especially with respect to the process, procedures, and administrative structures for the dispersal of Federal funds, as well as the reduction of unnecessary and duplicative burdens and constraints, including unnecessary paperwork, on the recipients of Federal funds; and to increase the accountability of Federal education programs to the President, the Congress and the public. (Section 102, Public Law 96-88)
Highlights
1980
Education
1001-5000
157
150
1
N/A
Government Office
Location
Washington, District of Columbia, United States, North America
Contact Information
Social
Profile Resume
U.S. Department of Education, established in 1980 and headquartered in United States, North America., specializes in investments across Software, Education, Computer, Electronics, Robotics, EdTech, Health Care, Higher Education, Mobile, Video Games. The organization boasts a portfolio of 157 investments, with an average round size of $3.6M and 1 successful exits. Their recent investments include thereNow, Community College of Rhode Island, Play Works Studio, University of Hawaii, The University of Memphis. The highest investment round they participated in was $5.4B. Among their most notable exits are thereNow and Community College of Rhode Island. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
157
17
150
1
Investments
157
Annouced Date | Organization Name | Industry | Money Raised |
---|---|---|---|
Jan 18, 2024 | University of Maine at Farmington | Education | 2.2M |
Jan 22, 2024 | Long Beach City College | Communities | 4.0M |
Feb 15, 2024 | Jobs for the Future | Non Profit | 15.0M |
Apr 03, 2024 | Legends of Learning | Education | 8.0M |
Exits
1
Funding Timeline
157
0
0
Funding Rounds
157
U.S. Department of Education has raised 157 rounds. Their latest funding was raised on Apr 03, 2024 from a Grant - Legends of Learning round.
Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
---|---|---|---|---|
Jan 18, 2024 | Grant - University of Maine at Farmington | - | 2.2M | - |
Jan 22, 2024 | Grant - Long Beach City College | - | 4.0M | - |
Feb 15, 2024 | Grant - Jobs for the Future | - | 15.0M | - |
Apr 03, 2024 | Grant - Legends of Learning | - | 8.0M | - |
Investors
1
Investor Name | Lead Investor | Funding Round | Money Raised |
---|---|---|---|
- | No | Grant - U.S. Department of Education | 245.0M |
Fund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
Annouced Date | Fund Name | Money Raised |
---|---|---|
May 10, 2013 | OTPPLESS | 1.0M |
May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
Recent Activity
Funding Round
Apr 03, 2024
Legends of Learning raised $8000000 on 2024-04-03 in Grant
Funding Round
Feb 15, 2024
Jobs for the Future raised $15000000 on 2024-02-15 in Grant
News
Jan 30, 2024
Technical.ly - The US Department of Education is redefining the digital divide
Funding Round
Jan 22, 2024
Long Beach City College raised $4000000 on 2024-01-22 in Grant
Funding Round
Jan 18, 2024
University of Maine at Farmington raised $2200000 on 2024-01-18 in Grant
Funding Round
Jan 17, 2024
Sonoma State University raised $7900000 on 2024-01-17 in Grant