DreamBox Learning, the company that pioneered Intelligent Adaptive Learning™ technology, and The Rise Fund, a global impact investing fund managed by TPG Growth, have signed an agreement for a $130 million investment in the education technology company. This investment will be The Rise Fund’s largest education investment to date and continues to cement their role as a leading global education investor. The Rise Fund will take a majority position in the company.
DreamBox Learning $130 Million Investment By The Rise Fund
“DreamBox was founded with the mission to transform the way the world learns by using intelligent adaptive technology to dynamically and continuously personalize each student’s learning experience,” said Jessie Woolley-Wilson, DreamBox president and CEO. “As a company, we have been committed to unlocking the learning potential of every child regardless of what zip code they live in, what they look like, or what language they speak. By joining forces with The Rise Fund, DreamBox gains a partner whose mission of social impact is perfectly aligned with ours.”