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Department of Education

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Investment thesis

FIPSE, part of the U.S. Department of Education, funds grant programs aimed at improving postsecondary education outcomes and access. Its programs support initiatives such as addressing students' basic needs, veteran and single-parent student success, teacher education at HBCUs, digital learning infrastructure and IT modernization at HBCUs and MSIs, spatial computing and cybersecurity workforce development, open textbooks, modeling and simulation programs, research infrastructure at minority-serving institutions, rural postsecondary economic development, and pathways for gang-involved youth. Funding is delivered as non-dilutive competitive grants and Congressionally-directed awards to institutions of higher education, with awards tracked in a public FIPSE database.

Invests inEdTechImpact & Social GoodUnited States

Source: firm website, verified Aug 16, 2026.

SBIR/STTR awards · non-dilutive funding

Federal grants and contracts to small businesses — no equity taken. Awards on record 1983–2023.

Awards
1,407
Companies funded
633
Total awarded
$263.7M
Median award
$75K

1,043 Phase I · 364 Phase II · most-funded states: CA, NY, CO, VA, MD

Recent awardeesPhaseYearAmount
OKO LABS, INC.New York, NYPhase I2023$250K
2SIGMA SCHOOL INCSanta Clara, CAPhase II2023$1M
QUERIUM CORPORATIONAustin, TXPhase II2023$1M
MNDTRST Inc.New Haven, CTPhase II2023$1M
GAIAXUS LLCGermantown, MDPhase II2023$1M
INDELIBLE LEARNING INCPalos Verdes Estates, CAPhase II2023$1M
CHARMTECH LABS LLCBuffalo, NYPhase II2023$1M
SMART GIRLS HQ LLCCharlotte, NCPhase II2023$1M
SCRIBLE, INC.San Mateo, CAPhase II2023$1M
SIRIUS THINKING, LTDNew York, NYPhase II2023$1M
LIMINAL ESPORTS LLCGates Mills, OHPhase I2023$250K
LITERABLY, INCBerkeley, CAPhase I2023$250K
Inletech LLCSan Diego, CAPhase I2023$250K
VIZMOO LLCWynnewood, PAPhase I2023$250K
APPRENDIS LLCBerlin, MAPhase I2023$250K
DFUSION INC.Scouts Valley, CAPhase I2023$250K
PLAYSPACES INC.Bloomfield, NJPhase I2023$250K
CHIBITRONICS INCNew Port Richey, FLPhase I2023$250K
Innocent Technologies, LLC.Minneapolis, MNPhase I2023$250K
CHROMOSPHEREGlendale, CAPhase I2023$250K
ALTEREA, INC.Palo Alto, CAPhase I2023$250K
KINOO, INC.Oakland, CAPhase I2023$250K
SCIQUIRY, INC.McLean, VAPhase I2023$250K
INFINID LEARNING INCProvo, UTPhase I2023$250K
EDIFY TECHNOLOGIES, INCDenver, COPhase II2022$1M
SOWN TO GROW, INC.Oakland, CAPhase II2022$1M
XSEL LABS INCEvanston, ILPhase II2022$1M
SOTERIX MEDICAL, INC.New York, NYPhase II2022$1M
ALCHEMIE SOLUTIONS, INC.Troy, MIPhase II2022$1M
MYRIAD SENSORS, INC.San Jose, CAPhase II2022$1M

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are non-dilutive — the agency takes no equity.

Instruments
Grants
Tracked investments
145

What they invest in

from 97 of 145 portfolio companies

EdTech ×56AI & Machine Learning ×21Hardware ×17Deep Tech ×15SaaS ×15Healthtech ×14Gaming ×13Digital Health ×11

HQs:United States×32

Investments · 145 tracked

founders shown can be your intro path

By year:2023 · 112022 · 72021 · 132020 · 72019 · 102018 · 82017 · 82016 · 72015 · 52014 · 112013 · 42012 · 11106 dated

1ST PLAYABLE PRODUCTIONS LLC1stplayable.comJun 2012 · $150K

1st Playable is a game studio that designs and develops video games intended to educate and change minds, including licensed titles such as Disney Frozen: Olaf's Quest.

Gaming

2SIGMA SCHOOL INC2sigma.schoolMay 2022 · $1.3M

2Sigma School is an accredited online course provider offering NCAA-approved and A-G credit courses, including AP courses, for K-12 students.

EdTech

3-C INSTITUTE FOR SOCIAL DEVELOPMENT INC3cisd.comJun 2011 · $5.5M

3C Institute builds custom technology and digital health software for researchers, educators, program developers, and clinicians, supporting the development and delivery of research-based programs.

Digital HealthEdTechHealthtech

A P Ventures, LLCapvit.comJun 2019 · $200K
ABLELINK TECHNOLOGIES INCablelinktech.comJul 2012 · $6.7M

AbleLink Smart Living Technologies develops research-based assistive and cognitive technologies, including GPS-guided travel apps, step-by-step daily living supports, simplified desktop software, and accessible cloud-based survey systems.

Digital HealthHealthtechImpact & Social Good

Dan Davies(Founder & President)

Alchemiealchem.ieJun 2020 · $1.4M
ALTEREA, INC.agentsofinfluencegame.comJun 2023 · $250K
Analytic Measures Incorporatedanalyticmeasures.comMay 2016 · $2.1M

Analytic Measures builds AI-powered literacy tools under the Caimber brand, offering automated, self-administered assessments and adaptive, personalized learning across listening, speaking, reading, and writing.

AI & Machine LearningEdTech

ANASPHERE, INCanasphere.com

Anasphere, Inc. manufactures aerospace systems, including atmospheric sensors and inflation gas generators used in aviation testing, atmospheric research, and gas inflation applications.

Advanced ManufacturingHardwareLogan, US

ANAUTICS, INCanautics.com

Anautics builds augmented intelligence systems that combine human judgment with AI to help teams gather evidence and make decisions, keeping operators, analysts, and leaders in the loop.

AI & Machine LearningDefense TechEnterprise Software

Antares Group Incorporatedantaresgroupinc.com

Antares Group (operating as Stark Tech) provides clean energy consulting and owner's engineering services for solar projects, covering site development, land acquisition, interconnection, design, and feasibility analysis.

CleantechClimate TechEnergy

Anthrotronix, Inc.anthrotronix.com

AnthroTronix is an engineering research and development company that builds human-centered software and hardware, including human-computer interface technology, mobile computing platforms, and robotic systems.

Deep TechDefense TechRobotics

Applied Biomathematics Incramas.com

RAMAS by Applied Biomathematics develops ecological risk software and offers consulting in risk analysis, predictive analytics, and specialized analytical methods for environmental and ecological problems.

AI & Machine LearningCleantechClimate Tech

APPRENDIS LLCapprendis.comMay 2015 · $2.4M

InqITS (Inquiry Intelligent Tutoring System) is an online science education platform offering NGSS-aligned virtual labs in English and Spanish that guide K-12 students through hands-on inquiry activities.

AI & Machine LearningEdTechSaaS

ARCHIE MD INC.archiemd.com

ArchieMD develops visually-based health science education and medical simulation products, including web-based nursing (Nurse-Skills) and EMS (Medrills) training platforms plus augmented, virtual, and mixed reality tools and haptic trainers.

Digital HealthEdTechHealthtechAtlanta, US

Robert Levine(Dr.)

ASSISTECH SYSTEMS LLCcognitopia.comOct 2013 · $1.9M

Cognitopia offers web-based self-management and executive functioning software used to set goals, track assignments and progress, and maintain communication for individuals in special education, independent living, and employment settings.

Digital HealthEdTechSaaS

Tom Keating(CEO & Founder)

ATTAINMENT CO., INC.attainmentcompany.comJun 2011 · $3.4M
AUFERO LLCezread.aiJun 2019 · $199.6K
AVENTUSOFT L.L.Caventusoft.comJul 2012 · $575K

Aventusoft develops AI-based cardiac and health platforms, including Hemotag for non-invasive cardiac signal analysis, CarePear for connecting patients and physicians with sub-specialists, and Trialogy for AI-driven decentralized clinical trials.

AI & Machine LearningDigital HealthMedical DevicesBoca Raton, US

Azavea Inc.azavea.com

Element 84 (formerly Azavea) develops cloud-native geospatial data processing pipelines, distributed systems, and Earth Observation software for public, private, and non-profit sector clients.

AI & Machine LearningCloud ComputingData & Infrastructure

BARRON ASSOCIATES, INC.barron-associates.com

Barron Associates develops intelligent and adaptive technologies to measure, model, predict, and control complex systems, with the aim of improving performance, safety, and efficiency.

AI & Machine LearningDeep TechRobotics

BEACH DAY STUDIOS LLCbeachdaystudios.comJun 2020 · $1.1M

Beach Day Studios develops educational and entertainment games and applications across mobile, virtual reality, augmented reality, and other platforms.

EdTechGaming

BEHAVIORAL TECHNOLOGIES CONSULTING ORGANIZATION, INCbehavioralconsult.comOct 2014 · $75K

Behavioral Technologies Consulting Organization (BTCO) provides organizational and behavior management consultation, supervision, and training in applied behavior analysis (ABA) for ABA therapy providers, school districts, and supervisees pursuing Board Certified Behavior Analyst credentials.

Digital HealthHealthtechMental HealthBasehor, US

Dr. Linda Heitzman-Powell(Founder)Kimberly Becker(COO (Chief Operating Officer))Christopher Powell(Financial Officer)

BLUE SKY DESIGNS INCblueskydesigns.us
BRAINQUAKE INCbrainquake.comMay 2015 · $1.3M

BrainQuake provides supplemental math puzzle tools for 4th-8th grade elementary and middle school students, aimed at improving problem-solving skills and math confidence.

EdTech

Caprock Creative LLCcaprockcreative.comMay 2021 · $200K

CapRock Creative is a branding and marketing agency focused on the hospitality industry, offering services such as brand strategy and marketing for hospitality businesses.

Marketing TechMedia & Entertainment

CHARMTECH LABS LLCcaptivoice.comSep 2012 · $3.3M

Capti ReadBasix is a diagnostic reading assessment for secondary students (grades 3-12) that identifies the root causes of reading difficulties through six individual subtests, benchmark reporting, Lexile measures, and dyslexia risk screening.

EdTechSaaS

Chemica Technologies, Incchemica.comOct 2014 · $650K
CHIBITRONICS INCchibitronics.comJun 2023 · $250K

Chibitronics makes circuit stickers and related tools that let users build electronics on paper.

ConsumerEdTechHardware

CHROMOSPHEREchromosphere-la.comJul 2023 · $250K
CLEVELAND MEDICAL DEVICES, INC.clevemed.com

CleveMed develops portable devices and fulfillment services for home sleep disorder testing, including monitors for home sleep apnea testing.

Digital HealthHealthtechMedical Devices

CODESPARK, INC.thefoos.comMay 2018 · $1.1M
CORE LEARNING EXCHANGE, INC.core-lx.comMay 2018 · $199.2K

Core-LX provides curriculum solutions for Career and Technical Education (CTE) programs serving grades 6-14, aggregating over 450 modular courses from multiple content providers aligned to state standards and industry certifications.

AI & Machine LearningEdTechSaaS

CREARE LLCcreare.com

Creare is an engineering research and development firm that solves complex technical problems and develops new technologies for industry and government customers.

Deep TechHardwareSpace Tech

Dr. Jay Rozzi(Senior Staff)Jeff Breedlove(Senior Staff)Dr. Odile Clavier(Senior Staff)Dr. Patrick Magari(Senior Staff)

Creative Action LLCcreativeactionllc.com
DFUSION INC.dfusioninc.comJun 2023 · $250K
EARLY LEARNING LABS, INC.myigdis.comMay 2016 · $149.6K

myIGDIs (Individual Growth and Development Indicators) is a suite of early childhood assessment tools measuring preschoolers' early literacy (English and Spanish), early numeracy, and social-emotional development through brief 1:1 assessments.

EdTech

Edify Technologiesedify.coinMay 2021 · $1.2M

Edify develops learning software programs focused on music education and AI-personalized reading.

AI & Machine LearningEdTechBoulder, US

Jacob Zax(Director, President and Chief Executive Officer)Rhys Lindmark(Director and Treasurer)Zachary Sulsky(Director and Secretary)

EdSurgeedsurge.comin𝕏May 2016 · $1M

EdSurge is an education news and journalism outlet covering PreK–12 and higher education through reporting, newsletters, and podcasts.

EdTechMedia & Entertainment

EDUCATION MODIFIED, INCeducationmodified.comMay 2018 · $1.1M

EdMod is a collaboration platform that centralizes IEP, RTI, 504, ELL, and Gifted & Talented data so general education teachers, special educators, and administrators can share student plan information, track accommodations, services, behaviors, and progress, and access professional development resources.

AI & Machine LearningEdTechSaaS

Electric Funstuff, Inc.electricfunstuff.comMay 2013 · $1.2M

Electric Funstuff designs educational video games that combine engaging gameplay with learning objectives and measurable improvements in student outcomes.

EdTechGamingNew York, US

EM PHOTONICS INCemphotonics.com

EM Photonics builds high performance computing and embedded systems solutions for image processing, scientific computing, and linear algebra applications, optimizing across CPU, GPU, FPGA, and supercomputer platforms.

Deep TechDefense TechHardware

Emberex, Incemberex.comMay 2021 · $200K

Emberex builds custom software—including web apps, dashboards, and educational tools—for researchers and educators, with a particular focus on the special education field.

AI & Machine LearningEdTechSaaS

Engineering Acoustics Incorporatedeaiinfo.comJul 2012 · $74.8K

Engineering Acoustics, Inc.

Deep TechDefense TechHardware

FABLE VISION, INC.fablevision.comApr 2016 · $1.4M
FARUS, LLCfarusllc.com
Filament Games, Llcfilamentgames.comNov 2010 · $2M

Filament Games is a full-service digital studio that designs and builds educational games, digital learning tools, and interactive simulations on a for-hire basis for educational organizations and brands.

EdTechGaming

FLINT REHABILITATION DEVICES, LLCflintrehab.comJul 2012 · $150K

Flint Rehab makes FDA-listed neurorehabilitation devices and apps — including the FitMi full-body rehab tool, MusicGlove hand therapy, the Flex AFO foot-drop brace, and a speech and cognitive therapy app — for people recovering at home from stroke, brain injury, cerebral palsy, and other neurological conditions.

Digital HealthHardwareMedical Devices

Foundations in Learningfoundationsinlearning.comJul 2014 · $1M

Coralville, US

Jerry Zimmerman(Executive Officer, Director)Chuck Peters(Director)Allison Zimmerman(Executive Officer)Carolyn Brown(Executive Officer, Director)Hass Machlab(Director)

FUTURE ENGINEERS LLCfutureengineers.orgMay 2016 · $2.2M

Future Engineers administers educational STEM competitions, including the NASA TechRise Student Challenge, which lets sixth to 12th-grade student teams design, build, and launch experiments on commercial suborbital flights.

EdTechSpace Tech

GAIAXUS LLCgaiaxus.comMay 2022 · $1.3M
GIGANTIC MECHANIC LLCgiganticmechanic.comMay 2018 · $1.1M

Gigantic Mechanic is a game and experience design studio that creates interactive experiences using social and physical play for museums, cities, and brands.

EdTechGamingMedia & Entertainment

Mattia Romeo(Game Designer & Technology Lead)Greg Trefry(Game Designer & Business Development)

Graspablemathgraspablemath.comMay 2018 · $1.1M
GUILD ASSOCIATES INCguildassociates.com

Guild Associates develops engineered systems and adsorptive, reactive, and catalytic materials for applications including decontamination, chemical defense, and demilitarization.

Deep TechDefense TechNew Materials

Happy People Games, Inchappypeoplegames.comMay 2017 · $150K
Hats & Ladders, Inc.hatsandladders.comJun 2019 · $1.1M

Hats & Ladders offers a gamified career-readiness curriculum and platform for middle school, high school, and young adult workforce program participants, guiding them through career exploration, skill-building, and workplace-based learning.

EdTechFuture of Work

HOOGALIT, INC.hoogalit.comJun 2020 · $1.1M

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What sectors does Department of Education focus on?
Department of Education focuses on EdTech, Impact & Social Good.

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