Kirkland-based AstrumU Raises $7.6M to Translate Educational Experiences into Economic Opportunity

AstrumU raises $7.6 Million

AstrumU, an edtech startup based in Kirkland, Washington, has raised $7.6 million in a Series A funding round to fuel growth of its platform that aims to translate educational experiences into economic opportunity.

The round was led by Kingdom Capital, with participation from Heidrick Struggles chairman Adam Warby and DocuSign founder Court Lorenzini. KC Rise Fund and City Light Capital also invested in the round, according to reports.

Founded in 2017, AstrumU is on a mission to quantify the return on education investment for learners, education providers, and employers. It helps colleges and universities figure out how coursework translates into jobs after college, while assisting them in securing industry partnerships that lead students seamlessly into high-demand career pathways.

The Seattle-area startup crunches data from colleges and employers to help students find careers based on specific skills, courses, and extracurricular activities.

Commenting on the development, Adam Wray, Founder and CEO of AstrumU, said,

“They’re [Student] seeking an understanding of which skills are most relevant in the labor market and how those skills connect back to educational offerings, and they need that information in real time, not just through annual surveys.”

“Whether it’s a tough economy or a booming economy, talent strategy is ultimately what’s going to drive our long-term recovery, and the same is true for the large employers and universities who work with us. Investing and reinvesting in education and lifelong learning is particularly important at a time when jobs are scarce and workers need assistance to retool for new careers.”

AstrumU provides a platform for institutions to partner with it to drive enrolment and increase alumni and corporate engagement, while extending economic mobility opportunities to all learners, and employers to identify and recruit talents based on quantifiable skills from verifiable data.

The company said the latest funding will allow its team to focus on its mission of translating lifelong learners’ educational experiences into economic opportunity, and also give the company financial cushion amid the economic crisis. AstrumU, which currently employs 33 people, also plans to hire additional staff this year.

Meanwhile, the latest raise has taken AstrumU’s total funding to date to $13.2 million, according to the company. Its previous investors include Ignition Partners, Correlation Ventures, the University of Kansas, and ASU ScaleU.

Img Src

About the Author
Author: Stephen Soulunii
Stephen Soulunii No more a student, but love to learn. Not a teacher, but care about how students are taught. Not an educator, but want everyone to be educated. Not a social worker, but desire to see change. Not a reformer, but always want to see a better world. The author believes that only sound education can bring a better future, better world and technology can help achieve a lot in this field.

Like what we do?

The Latest EdTech News To Your Inbox

Follow us:



Latest EdTech News To Your Inbox

About ETR Community

EdTechReview (ETR) is a community of and for everyone involved in education technology to connect and collaborate both online and offline to discover, learn, utilize and share about the best ways technology can improve learning, teaching, and leading in the 21st century.

EdTechReview spreads awareness on education technology and its role in 21st century education through best research and practices of using technology in education, and by facilitating events, training, professional development, and consultation in its adoption and implementation.


-> Read More

Join the EdTech Community

Subscribe and Join the 100,000+ members who trust us...

I find every news, reviews very informative and interesting. This site is indeed a great site for both teachers and learners. Thanks to EdTech for creating such an enriching site on education. Hats off!!
- Regin Brown, Educationist and Blogger, United Kingdom

My group likes this site because it's so up-to-date and has tons of relevant articles.
- Angela Giuliano, Teacher, New Mexico

Your write ups and articles ignites the minds making them receptive to the whole new wealth of EdTech.
- Jagat Rana, Parent, India

EdTechReview has some great resources for teachers who need to get some ideas about technology in the classroom.
- Loretta Wideman,Teacher, East Africa

EdTechReview keeps educators up to date with trending tech savvy terms relative to the discipline.
- Dr. Ingrid Rizzolo,Education Professional, Curriculum and Instruction Designer, New York City Area

-> Read More

Go to Our Client List

Adobe Avaya Bettasia Bonio Campus Management CK12 CKS Evernote IBM Intel IQPC Kidzania McGraw Hill Moodle Moot USC Rossier CMR University The British School Canadian International School Pathways Ridge Valley

Subscribe to our Newsletters...