U.S. Department of Education

U.S. Department of Education

Signal active

Investment Firm

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

Founded

1980

Industry

Education

Employees

1001-5000

Investment

157

Lead Investment

150

Exits

1

Stages

N/A

Investor Type

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.

Employees

imagePlace Jimmy Carter

Jimmy Carter

Founder

imagePlace Miguel Cardona

Miguel Cardona

12th United States Secretary of Education

imagePlace Baiyun Tao

Baiyun Tao

Senior Subject Matter Expert

Investment portfolio

U.S. Department of Education has made 157 investments. Their most recent investment was on Apr 03, 2024, when Legends of Learning raised $8.0M.

U.S. Department of Education has made 17 diversity investments. Their most recent diversity investment was on Feb 15, 2024, when Jobs for the Future raised $15.0M.

investments

157

Diversity investments

17

Lead investments

150

Number of exits

1

Investments

157

Annouced DateOrganization NameIndustryMoney Raised
Jan 18, 2024
University of Maine at Farmington University of Maine at Farmington
Education2.2M
Jan 22, 2024
Long Beach City College Long Beach City College
Communities4.0M
Feb 15, 2024
Jobs for the Future Jobs for the Future
Non Profit15.0M
Apr 03, 2024
Legends of Learning Legends of Learning
Education8.0M

Exits

1

Funding Timeline

Funding rounds

157

Investors

0

Funds

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 DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Jan 18, 2024
Grant - University of Maine at Farmington Grant - University of Maine at Farmington
-2.2M-
Jan 22, 2024
Grant - Long Beach City College Grant - Long Beach City College
-4.0M-
Feb 15, 2024
Grant - Jobs for the Future Grant - Jobs for the Future
-15.0M-
Apr 03, 2024
Grant - Legends of Learning Grant - Legends of Learning
-8.0M-

Investors

1

Investor NameLead InvestorFunding RoundMoney 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 DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

Invest in industries