Frank Bonsal III is a pioneer in the field of education technology and investment. He has 25 years of experience advancing efficacy, innovation, and productivity in and around education and the knowledge economy. As the first Director of Entrepreneurship at Towson University, venture capitalist, and angel investor, Bonsal has helped hundreds of entrepreneurs. His direct investment experience includes over 25 education companies, half of which have been realized and whose solutions have impacted tens of millions.
Bonsal serves as a mentor or advisor to several education entrepreneurship organizations and is a frequent startup event participant. He has spoken extensively on entrepreneurship, education, and investing to a range of audiences, at universities such as Harvard, Stanford, and Penn. Bonsal has been widely interviewed and quoted in Education Week to EdSurge, The Washington Post to The Baltimore Sun, and more.
Bonsal is a former General Partner of Bonsal Capital and New Markets Venture Partners, where he co-founded a mission-driven venture fund dedicated to education technology. With respect to the above partnerships, Bonsal provided board service to 10 education companies, three of which have been realized.
Per duties to Towson University, Bonsal runs an incubator, leads entrepreneurship programs, teaches in the college of business, and works to build, grow, and sustain an education innovation ecosystem increasingly known as Baltimore EdTech. Bonsal began his career for over a decade as K-12 teacher and coach. He has served numerous education-related nonprofits.
Bonsal received his M.Ed. and M.B.A. from Vanderbilt University, and a B.A. with honors from the University of New Hampshire. He resides in Baltimore.
|Sep, 2014||Three Ring||$1.75M / Series A||New Markets Venture Partners|
|Sep, 2013||Think Through Learning||$5.6M / Series B||New Markets Venture Partners|
|Mar, 2013||YaSabe||$2.7M / Seed||Personal Investment|
|Feb, 2013||Kickboard||$2M / Series A (Lead)||New Markets Venture Partners|
|Sep, 2011||BetterLesson||$1.6M / Series A||New Markets Venture Partners|
|Mar, 2011||Think Through Learning||$4.6M / Series B||New Markets Venture Partners|
|Jul, 2000||Engenia Software||$22.5M / Series C||Personal Investment|
|Feb, 2000||Mascot Network||$6.5M / Venture||Personal Investment|
|Jun 7, 2016||Education Week - Tech - Ed-Tech Market in Flux as Investors Grow More Selective|
|May 6, 2016||technical.ly - Here’s who won the Towson U Incubator Business Plan Competition|
|Feb 10, 2016||technical.ly - How an incubator is helping Towson University embrace entrepreneurship|
|Jan 12, 2016||Edukwest - EdTech Outlook 2016 – Frank Bonsal III|
|Aug 1, 2015||Balitmore Sun - Baltimore fostering 'thriving, emerging' industry of education technology firms|
|Jul 20, 2015||Venture Capital Database - Who’s Who In Ed Tech? Top Investors And Their Board Seats|
|Jan 13, 2015||Venture Beat - New Enterprise Associates is raising a massive $2.5B for its 15th fund|
|Jan 7, 2015||EdSurge - Building and Scaling an Edtech Company (EdSurge News)|