Transactions

Transactions

Overview

Paper Education Company Raises US$100 Million in Series C Funding

June 25, 2021

Paper Education has raised US$100 million in a Series C financing round led by Institutional Venture Partners. The round also included participation from existing investors, including Framework Venture Partners, Bullpen Capital, Reach Capital, Birchmere Ventures, Salesforce Ventures, BDC Capital and ETW Equity Holdings.

Paper Education partners with K-12 schools throughout the U.S. and Canada to give every student an equal opportunity to excel academically. Paper’s educational support system (ESS) provides learners with unlimited 24/7 homework help, writing feedback, and study support at a predictable fixed cost.

Wildeboer Dellelce LLP acted for Framework Venture Partners, Bullpen Capital, Reach Capital and Birchmere Ventures in connection with the financing with a team comprised of Troy Pocaluyko and Ragu Anantharajah (corporate/securities).