Thu, 08/05/2021 - 9:08am katie
Vermont Business Magazine Burlington Code Academy (BCA) has partnered with BTV Ignite to help provide underserved communities access to computer programming courses that lead to high-paying careers in tech. The partnership is focused on expanding the Impact Scholarship - a $50,000 student tuition aid commitment. BTV Ignite has raised philanthropic funds to provide further access to vital tuition assistance.
Alex Horner, Founder and Chief Operating Officer at Burlington Code Academy, said in a statement, “The Impact Scholarship represents a commitment to diversifying the Vermont tech industry by lowering the financial barrier of entry for students affected by systemic barriers and widespread injustice. We are excited to work with Adam Roof at BTV Ignite and other community partners to provide this scholarship to BIPOC, LGBTQ+ and womxn identifying students. Together, BCA and its partners hope to empower the future faces of tech, in turn demanding a
Learn to code in Vermont: Scholarship expands at Burlington Code Academy
burlingtonfreepress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from burlingtonfreepress.com Daily Mail and Mail on Sunday newspapers.
LaunchVT Demo Night celebrates entrepreneurs, awards cash and services
vermontbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vermontbiz.com Daily Mail and Mail on Sunday newspapers.
Leif Secures Strategic Financing Round Totaling More Than $60 Million
LL Funds Provides Credit Facility; LL and Insita Group Invest in Equity
Financing Provides Leif Ability to Accelerate Growth and Expansion Across Platform
News provided by
Share this article
Share this article
NEW YORK, May 20, 2021 /PRNewswire/ Leif, a technology company dedicated to increasing access to quality and affordable education, today announced that it has completed a strategic financing round totaling more than $60 million. Leif intends to use the new financing to strategically expand its platform to meet the increasing demand for outcomes-aligned tuition financing solutions, which have had significant impact for students and schools. The strategic financing includes:
The round was led by LL Funds and Insita Group.
The company intends to use the funds to expand its platform.
Leif is a technology company that has developed an end-to-end platform that enables the design, origination, and program management of Income Share Agreement and other outcomes-based tuition finance programs. The company partners with schools to provide students with an outcomes-aligned form of education finance.
Leif has partnered with close to 100 schools over the past year, facilitating the close of over $300m in growth capital to drive the expansion of tuition financing and ISA programs, including: $25 million to Fullstack Academy, $25 million with Rithm School, $10 million with Entity, $10 million with Burlington Code Academy, $25 million with Victory Lap, $20 million with Kingsland University, and $20 million with Medical Interpreting and Translating Institute Online, among others.