- Total Equity Funding
- $35.7M in 6 Rounds from 7 Investors
- Most Recent Funding
- $1.5M Debt Financing on June 22, 2016
- Washington, District of Columbia
- Sagence improves the lives of today's students by partnering with institutions to provide flexible, affordable competency-based learning.
- Eric Frank, Jeff Shelstad
- Education, SaaS, Universities, E-Learning
For colleges, universities, and others that serve adult and non-traditional learners, Sagence provides leading-edge technology and services for competency-based education (CBE). Our powerful, cloud-based platform optimizes the design, delivery, and management of affordable, self-paced, student-centered experiences that result in demonstrable knowledge and career-enhancing credentials.
Unlike others in our field, we focus solely on CBE and support customer designed competency-based models at any scale. We help our partners build, test, launch, evaluate and iterate successful CBE programs, backed by extensive experience and proven results. We have hundreds of active learning modules in multiple degree and certificate programs from diverse partners operating live on our platform, over 3,000 modules completed by students to date, and successful program graduates.
Funding Rounds (8) - $42.2MUpdate
|Date||Amount / Round||Valuation||Lead Investor||Investors|
|Jun, 2016||$1.5M / Debt Financing||—||—||0|
|Jan, 2015||$5M / Debt Financing||—||—||1|
|Jan, 2014||$9.5M / Venture||—||Bessemer Venture Partners||5|
|Apr, 2011||undisclosed amount / Undisclosed||—||—||1|
|Jan, 2011||$15M / Series B||—||6|
|Dec, 2009||$2.5M / Venture||—||—||0|
|Mar, 2009||$8M / Series A||—||—||3|
|Oct, 2008||$700k / Venture||—||—||0|
Current Team (3)Update
Platform designed to allow deep measurement on all learning interactions.
A dynamic, learning environment that supports today's student, faculty, coach and grader demands.
Native authoring platform inspired by Instructional Designers used to design curriculum, build assessments, and enable analytics.
|May 25, 2016||SEC - UNITED STATES SECURITIES AND EXCHANGE COMMISSION|
|Feb 10, 2016||Business Wire - Flat World Education Appoints Jade Roth as Chief Executive Officer|
|Jan 12, 2015||EdSurge - Flat World Raises $5M to Expand Beyond Personalized Digital Textbooks (EdSurge News)|
|Oct 7, 2014||Alley Watch - A New York VC Spotlight: Brian Hirsch|
|Jan 30, 2014||FinSMEs - Flat World Education Raises $9.5M|
|Jan 28, 2014||TechCrunch - With $9M From Bessemer, Open Textbook Pioneer Flat World Looks For New Life In Personalized Learning|
|Nov 6, 2012||TechCrunch - Open Ed’s Business Woes: Textbook Pioneer Flat World Knowledge To Revoke Free Access To Texts|
|Apr 8, 2011||FinSMEs - FinSMEs|
Peirce College is a school in Philadelphia.
A.T.Still University - School of Health Management is a school in Kirksville.
Brandman University - Online is a school.
SUNY Empire State College is a school in Saratoga Springs.
Laureate Education is a network of campus-based and online universities offering undergraduate and postgraduate degree programs globally.
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