Fundraising Fox

ECMC Group

Foundation

Minneapolis · Seed–Late Stage · 11 people tracked

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Investment thesis

ECMC Group is a nonprofit enterprise dedicated to helping students achieve academic and professional success. Its ECMC Foundation works to improve higher education outcomes for underserved populations through evidence-based innovation, using strategic grantmaking and program-related investments to remove barriers to postsecondary completion, build organizational and institutional capacity, and transform the postsecondary ecosystem. It supports both nonprofit and for-profit ventures. The broader group also provides student loan guaranty services and financial literacy, repayment counseling, and default prevention services to students and postsecondary institutions.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Late Stage
Check
$500K – $10M
HQ
Minneapolis, Minnesota, US
Leads rounds
Leads
Instruments
Grants · Equity
Founded
1994
Last 12 months
1 investment
AUM
$250M
Tracked investments
25

Team · 11 people

from the firm's website & curated & public directories
Dan Fisher· President and Chief Executive Officer, ECMC Group
Jacob Fraire· President, ECMC Foundation
Brian Boardman· General Counsel and Corporate Secretary, ECMC Groupin
Chad Tate· President, ECMC
Martin Scanlon· Chief Financial Officer, ECMC Groupin
Rahoul Ghose· Chief Information Officer, ECMC Groupin
Sarah Strehl· Chief Human Resources Officer, ECMC Groupin

What they invest in

from 21 of 25 portfolio companies

EdTech ×18Future of Work ×8SaaS ×8HR Tech ×7AI & Machine Learning ×6Healthtech ×5Enterprise Software ×4Digital Health ×3

HQs:United States×14Denmark×1

Investments · 25 tracked

founders shown can be your intro path

By year:2025 · 12024 · 12023 · 12021 · 12020 · 15 dated

New Apprenticeshipnewapprenticeship.com𝕏Jul 2021✓ verified

New Apprenticeship provides turnkey tech apprenticeship programs and workforce solutions for employers, covering administration, training, grant management, and reporting across roles in data, cybersecurity, software, and digital marketing.

EdTechFuture of WorkHR TechSan Antonio, US

Bradley J. Voeller(Executive Officer, Director)

BoardJoseph Watt(Director)in

Co-investorsMichael and Susan Dell Foundation

Acadeumacadeum.comin𝕏May 2023 · $11.9M

Acadeum operates an online course-sharing marketplace that connects colleges and universities so students can enroll in courses at other institutions.

B2B MarketplacesEdTechSaaS

Co-investorsNext Coast VenturesLearn CapitalRethink Capital Partners

Aprende Instituteaprende.comin

Aprende offers online courses teaching practical skills, from basic to advanced, including entrepreneurship, with classes led by experts and celebrities and content connected to Univision.

ConsumerEdTech

Martin ClaureRoberto Gisbert

Co-investors500 GlobalCapria VenturesMatterScale VenturesSalkantay VenturesValor Capital GroupAngel Ventures+1 more

Backpack Healthcarehellobackpack.com

A provider of youth and family behavioral and mental health services, offering cognitive talk therapy and medication management through licensed clinicians including psychologists, counselors, and psychiatric nurse practitioners.

Digital HealthHealthtechMental Health

Co-investorsPACE Healthcare CapitalPortfoliaPortland Seed FundRareBreed VenturesStone Mountain VenturesUrban Entrepreneurs Fund+1 more

Be My Eyesbemyeyes.comin𝕏

Be My Eyes builds technology to increase accessibility for people with visual impairments.

AI & Machine LearningDigital HealthImpact & Social Good

Hans Jørgen Wiberg

Co-investorsEnable VenturesCultivation Capital

BoodleBoxboodlebox.aiin𝕏Dec 2025 · $5M

BoodleBox is a collaborative intelligence platform where people work together with multiple AI models in shared spaces, framing problems and validating answers rather than relying on single-user chatbots.

AI & Machine LearningEdTechEnterprise SoftwareFuture of WorkSaaS

France Q. Hoang(Founder)in

Co-investorsCity LightService Provider CapitalDOGWOOD VENTURESOsage Venture Partners

Care Academycareacademy.comin𝕏

CareAcademy provides training, certification, and workforce management software for healthcare providers including home care agencies, home health services, senior living facilities, and hospice organizations.

EdTechHealthtechHR TechCambridge, US

Helen Adeosun(Executive Officer, Director)inHelen Adeyinka Adeosun(Founder)inMadhuri Reddy(Executive Officer)

Co-investorsBackstage CapitalChloe CapitalCoalition OperatorsFirst Trust Capital PartnersImpact America FundMultiplier Capital+8 more

Chalktalkchalktalk.comin𝕏

ChalkTalk provides a platform that helps teachers personalize instruction and track student progress in literacy and numeracy, designed to amplify classroom instruction without requiring extensive training.

AI & Machine LearningEdTechSaaS

Co-investorsEntrepreneurs Roundtable Accelerator (ERA)Florida FundersJurassic Capital37 AngelsMiami Angels

Concentricedconcentriced.org
Corecore.eduin

Core Education provides financial consulting and operational advisory services to colleges and universities, helping them optimize costs, develop merger strategies, manage real estate assets, and strengthen their financial performance.

AI & Machine LearningEdTechEnterprise SoftwareSaaS

Kamalika Sandell(Founding Board Member)

Co-investorsLumos Capital GroupImpact Engine

Craft Educationcrafteducation.com

Craft is a platform for building registered apprenticeships and work-based learning programs, handling funding alignment, academic partnerships, compliance, and hour tracking in one place.

EdTechFuture of WorkSaaS

Co-investorsMichelson 20MM FoundationUlu VenturesRethink Capital Partners

Empoweruempoweru.education

EmpowerU is a tech-enabled mental health support solution for schools and colleges, combining online skill-building lessons with daily 1:1 coaching by trained mental health experts to help students build resilience and improve wellbeing, attendance, and grades.

Digital HealthEdTechHealthtechMental HealthExcelsior, US

Katie Dorn(Chief Executive Officer / Co-Founder)Abby Master(Chief Product Officer / Co-Founder)Sarah DiFrancesco(Director)Pamela York(Director)Josh Slayton(Director)Robert A Kukuljan(Executive Officer)

Co-investorsGROOVE CAPITAL

Golden Venturesgolden.venturesin𝕏Feb 2024 · $100M

Golden Ventures is a venture capital firm whose team works with portfolio founders, accelerators, and the broader startup community to find, fund, and support early-stage companies.

Sector Agnostic

Matt Golden(Founder)

Co-investorsFoundryKensington Capital Partners LimitedRBCxBDC Capital CorporationCendana CapitalDeloitte Ventures+4 more

Interplay Learninginterplaylearning.comin𝕏

Interplay Learning builds online skilled trades courses designed and delivered by industry experts and instructional designers, covering foundational technical knowledge and real-world applications for technicians.

EdTechEnterprise SoftwareFuture of WorkHR TechSaaSAustin, US

Douglas Donovan(Executive Officer, Director)

BoardIan Chiu(Director)Charlie Plauche(Director)Richard Waitumbi(Director)Sam Decker(Director)Kimberly Caldbeck(Director)

Co-investorsCathexis VenturesCentral Texas Angel NetworkCerity Partners VenturesOwl VenturesS3 VenturesSierra Ventures+3 more

Kyronlearningkyronlearning.com

Los Altos, US

Enis Konuk(Founder)Rajen Sheth(Founder)

Co-investorsGSV VenturesOwl Ventures

Mainstaymainstay.comin𝕏

Mainstay provides an AI-powered platform that enables higher education institutions to engage students through proactive, personalized coaching and messaging.

AI & Machine LearningEdTechSaaS

Drew MagliozziKirk Daulerio(Co-Founder, Vice President, Community)

Co-investorsBisk VenturesEastward Capital PartnersK Street CapitalInspired CapitalKhosla VenturesRelay Ventures+1 more

Mentor Collectivementorcollective.orgin𝕏

Mentor Collective provides an AI-supported mentorship platform connecting learners, students, and early-career professionals with mentors and advisors.

AI & Machine LearningCybersecurityEdTechFuture of WorkBoston, US

Erin Mayhoodin

Co-investors186 VenturesNXT VenturesTechstarsEmerge EducationRethink Capital Partners

Meritizemeritize.comin𝕏

Meritize provides alternative student lending for skill-seekers pursuing education and in-demand careers.

EdTechFintechHR TechFrisco, US

Chris Keaveney(Executive Officer, Director)Joshua Pierce(Director)Phillip Stegner(Executive Officer)Sanford A. Ibrahim(Director)

Co-investorsChicago Ventures

Motivomotivohealth.comin𝕏

Motivo provides clinical supervision and support services for newly graduated therapists entering the mental health workforce, helping behavioral health organizations address the shortage of qualified mental health providers.

HealthtechHR TechMental HealthChattanooga, US

Rachel Ledbetter(Chief Executive Officer, Co-Founder)

Co-investorsMindshift CapitalNext Wave ImpactOverlineSteelSky VenturesTechstarsGreat Oaks Venture Capital

Orijinorijin.worksin

Co-investorsETS Strategic Capital

Pathstreampathstream.cominOct 2020

Pathstream partners with businesses to provide skill development and career-growth programs for their frontline workforce, helping team members build job-relevant skills.

EdTechEnterprise SoftwareFuture of WorkHR TechSan Francisco, US

Paul Freedman(Director)Eleanor Cooper(Co-founder & CEO)inLauren(Co-founder & SVP of User Experience)inJohnsie(Chief Revenue Officer)inJo-Ann(COO)inAmy(SVP of Product)in

Co-investorsBisk VenturesNew Ground VenturesNew Markets Venture PartnersRethink Capital PartnersRethink Education

Springboardspringboard.comin𝕏

Springboard runs online, mentor-supported career training programs in fields such as cybersecurity, software engineering, UI/UX design, data analytics, data science, and machine learning, with upcoming certificate programs for allied health roles.

EdTechFuture of WorkSan Francisco, US

Gautam Tambay(Co-founder & CEO)Parul Gupta(Co-founder)Andrew Moers(President, Consumer Business)Nichole Pitzen(VP People & Places)Kara Sasse(Chief Product Officer)Sudakshmina Mandal(Head of Engineering)

Co-investors500 GlobalGlobevestorMoneta VenturesRocketship.vcSJF VenturesTitanium Ventures+3 more

Stellicstellic.comin

Stellic is an academic planning and advising platform for universities that lets students map degree requirements, plan and change courses, and track progress toward graduation.

EdTechSaaS

Sabih Bin Wasi

Co-investorsBisk VenturesGood AI CapitalOperator CollectiveRethink EducationImpact EngineReach Capital+1 more

Stepfulstepful.comin𝕏

Stepful provides affordable, online healthcare education programs with live instruction and personalized coaching to train students for healthcare careers.

EdTechHealthtechNew York City, US

Carl Madi(Founder)inTressia Hobeika(Founder)inEdoardo Serra(Founder)

Co-investorsAlleyCorpEqual Opportunity VenturesOak HC/FTSemperVirens Venture CapitalUnpopular VenturesY Combinator+1 more

YouScienceyouscience.comin𝕏

YouScience helps education leaders across the United States connect students to career pathways by assessing their natural aptitudes and linking them to educational and career opportunities.

EdTechFuture of WorkHR TechNashville, US

Martine Mahoney(Executive Officer)Thomas Cunningham(Executive Officer)John Philip Hardin(Chief Executive Officer)John Phillip Hardin(Chief Executive Officer)

BoardJohn Ingram(Director)Mary Elizabeth Wills(Director)

Co-investorsLaunch Tennessee

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does ECMC Group invest at?
ECMC Group invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What is ECMC Group's typical check size?
ECMC Group typically writes checks of $500K – $10M.
What sectors does ECMC Group focus on?
ECMC Group focuses on EdTech, Impact & Social Good.
Where is ECMC Group located?
ECMC Group is headquartered in Minneapolis, US.
Does ECMC Group lead rounds?
Yes, ECMC Group leads investment rounds.

Media · Podcasts & interviews

from their channel

Celebrating 30 Years of Helping Students Succeed

ECMC Group

ASU+GSV Summit: Building a Mission-Driven Cap Table

ECMC Group

ASU+GSV Summit 2024: Graduating Students with Less Debt and More Skills

ECMC Group

Using Youth-Centered Design to Improve Racial Equity Gaps

ECMC Group

Solving for 'P': Empowering the Pandemic Generation

ECMC Group

Hide & Seek: Find, Train, Place & Support Hidden Workers

ECMC Group

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