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Edovo

Chicago, US · Founded 2014 · 10 known investors

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Edovo provides educational and rehabilitative programming delivered on tablets inside correctional facilities, covering literacy, GED and college courses, vocational training, and substance abuse and mental health curricula. It serves justice-involved learners across the United States, working with correctional facilities to reduce recidivism.

EdTechGovTechImpact & Social Good

Founders & leadership

Edovo was founded in 2014 by Brian Hill.

BHBrian Hill
Brian HillCEO/Founder
CACarl Alguire
Carl AlguireChief Operating Officer and CFO2014–2016Carl Alguire is an executive officer and director at Jail Education Solutions with over 25 years of C-suite leadership experience, including prior work in business development, operations, sales, and organizational scaling across mid-size companies.

Board

HH
Harry HarczakBoard director
GL
Greg LernihanBoard directorGeneral Partner at Impact Engine
CB
Chris BentleyBoard director

Investors · 10

Tribal Ventureslisted by Tribal VenturesChicago

How we know: Tribal Ventures's portfolio page · Not right? Tell us

Impact EnginereportedChicago · $250K – $3M

How we know: board seat on SEC Form D · funding news · techcrunch.com · Not right? Tell us

Kapor CapitalreportedOakland · $100K – $1M

How we know: funding news · techcrunch.com · Not right? Tell us

Twilio Venturesreported$1M – $5M

How we know: techcrunch.com · Not right? Tell us

Also in the syndicate · 5

Ekistic VenturesEvolve FoundationIDP FoundationLumina FoundationSustain VC

Funding

SEC filings, press & company announcements

$18.8M disclosed across 5 of 7 rounds · 2014–2019

▶$2.7MraisedApr 2019 · 14 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Brian HillExecutive Officer, Director
  • Chris BentleyDirector
  • David NorthridgeExecutive Officer
  • Greg LernihanDirector
  • Harry HarczakDirector
Offering amount
$10M
Amount sold
$2.7M
Minimum investment
$10K
First sale
Apr 2019
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$9.9MraisedApr 2018 · 11 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • BRIAN HILLExecutive Officer, Director
  • CHRIS BENTLEYDirector
  • HARRY HARCZAKDirector
  • DAVID NORTHRIDGEExecutive Officer, Director
Offering amount
$9.9M
Amount sold
$9.9M
Minimum investment
$5K
First sale
Jun 2017
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2.2MraisedMar 2017 · 12 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Brian HillExecutive Officer, Director
  • Greg LernihanDirector
  • Harry HarczakDirector
  • Chris BentleyDirector
  • Carl AlguireDirector
Offering amount
$3.5M
Amount sold
$2.2M
Minimum investment
$10K
First sale
Dec 2016
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2.3MraisedFeb 2016 · 14 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Brian HillExecutive Officer, Director
  • Harry HarczakDirector
  • Carl AlguireExecutive Officer, Director
  • Greg LernihanDirector
  • Chris BentleyDirector
Offering amount
$2.8M
Amount sold
$2.3M
First sale
Jan 2016
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.8MraisedFeb 2016 · 22 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Carl AlguireExecutive Officer, Director
  • Harry HarczakDirector
  • Greg LernihanDirector
  • Brian HillExecutive Officer, Director
  • Chris BentleyDirector
Offering amount
$1.9M
Amount sold
$1.8M
First sale
Jul 2014
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through Edovo went on to found or lead other companies.

Bo ShaoBoard MemberFounded MatrixpartnersStephanie FarshtAdvisorFounded Small Wonder

Non-dilutive funding · 1 SBIR/STTR award

Federal grants — no equity taken
AgencyPhaseYearAmount
National Institutes of Health (NIH)National Institutes of HealthPhase I2017$150K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Frequently asked questions

What does Edovo do?
Edovo provides educational and rehabilitative programming delivered on tablets inside correctional facilities, covering literacy, GED and college courses, vocational training, and substance abuse and mental health curricula. It serves justice-involved learners across the United States, working with correctional facilities to reduce recidivism.
Who founded Edovo?
Edovo was founded by Brian Hill in 2014.
Who are Edovo's investors?
Edovo's investors include SustainVC, Tribal Ventures, Impact Engine, Kapor Capital, Twilio Ventures.
How much funding has Edovo raised?
Edovo has disclosed $18.8M raised across 5 of its 7 known rounds.
Where is Edovo headquartered?
Edovo is headquartered in Chicago, US.