The San Francisco-based venture firm, which focuses exclusively on education technologies, aims to take advantage of the growth in schools’ broadband connectivity.
Owl’s $100 million first fund, launched in 2015, included a $15 million investment from the Bill & Melinda Gates Foundation. Its second fund will likewise focus on K-12, higher education and professional-learning startups.
Although Owl doesn’t describe itself as an impact investor, a number of its portfolio companies backed ventures have a clear impact model.
For example, Newsela aims to improve global literacy through daily news content. Accelerate Learning offers curricula and professional development to encourage interest in the sciences.
If you are looking for more articles and resources for Impact Investing, take a look at these Giving Compass selections related to impact giving and Impact Investing.
Looking for a way to get involved?
Learning with others and benchmarking are key steps towards becoming an impact giver. If you are interested in giving with impact for Higher Education, take a look at these events, galas, conferences and volunteering opportunities to connect with individuals like you.
Are you ready to give?
In addition to learning and connecting with others, taking action is a key step towards becoming an impact giver. If you are interested in giving with impact for Higher Education take a look at these Giving Funds, Charitable Organizations or Projects.