Abre, K-12’s #1 modern data solution, today announced a significant milestone with the closing of a Series A investment round led by PeakSpan Capital, with follow-on participation from JumpStart Ventures, JobsOhio Growth Capital Fund, and Golden Angels Investors. The $24 million in funding will support Abre in its mission to open learning communities by connecting what matters. Abre improves student outcomes by transforming the way all stakeholders in and out of schools make comprehensive data-informed decisions.
PeakSpan Capital is a leading growth equity firm with $1.5 billion in assets under management (“AUM”), investing exclusively in high-growth business-to-business (or “B2B”) software companies. PeakSpan is committed to its mission of being the partner of choice for best-in-class, emerging growth-stage software entrepreneurs and teams who are looking to scale sensibly and capitalize on strategic, high-quality market opportunities. Through a highly focused and proprietary data-driven strategy, PeakSpan partners with scale-up software entrepreneurs with the goal of delivering the best risk-adjusted outcomes.
The investment will be used to continue innovating Abre’s data solution – an intentional blend of technology focused on better data intelligence for all stakeholders supporting students in and out of the classroom, and services designed to meet the unique needs of each district partner. Additionally, the funding will enable Abre to expand its market reach, strengthen its team across key departments, and capitalize on emerging opportunities across the EdTech landscape.