Announced
Completed
Financials
Sources
Tags
Acquisition
Venture Capital
Cross Border
Completed
Private Equity
Private
Education Services
Canada
educational services
Minority
Friendly
Synopsis
Sapphire, a venture capital firm, and Softbank Vision Fund 2 led a $270 Series D funding round in Paper, a developer of an educational platform, with participation from IVP, Salesforce Ventures, Framework Venture Partners, Bullpen Capital, Reach Capital, BDC Capital, and Red House Education. "Remote learning during lockdowns accelerated digital adoption of education tools but also exposed a glaring divide in the experience for many students. Paper is helping to support stretched public school systems to improve student outcomes by widening access to critical tutoring resources. We're delighted to be partnering with Philip Cutler and the team to build an enduring solution providing every student with an equal opportunity to excel academically," Ram Trichur, SoftBank Partner.
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