Allrise Capital Leads $3M Series A Investment Into a Leading EdTech Application, Intellectokids
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IRVINE, Calif., Dec. 16, 2020 /PRNewswire/ Southern California-based investment manager Allrise Capital, announced today that it led a $3.1 million Series A financing for IntellectoKids.
Intellectokids
IntellectoKids is a rapidly growing provider of online education solutions for children up to 7 years of age. The platform consists of four different applications that help educate children through gamified experiences on subjects necessary for early schooling. IntellectoKids boasts over 2 million installs and has been consistently ranked within the top 10 grossing apps in the Kids 5 & Under category in both the United States and Canada, according to Sensor Tower.
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SHAKER HEIGHTS, Ohio, Dec. 14, 2020 /PRNewswire/ Pembrook Capital Management LLC ( Pembrook ) is providing a $17,764,288 loan for the acquisition and renovation of a value-add multifamily portfolio comprised of six buildings and 275 units in Shaker Heights, Ohio. The borrower is Significan Lifestyle Communities, an Ohio based multifamily management group, and the properties in the affordable housing portfolio include the following:
Colton House, a 45-unit apartment community located at 20825 Chagrin Blvd in Shaker Heights
Golfview, a 56-unit apartment community located at 3363 Warrensville Center in Shaker Heights
Fairway-Marchmont Terrace, an 87-unit apartment community located at 3310 Warrensville Center Rd in Shaker Heights