Fundraising Fox

ECMC Group

Foundation

Minneapolis Β· Seed–Late Stage Β· 10 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.

Invests inEdTechImpact & Social GoodMinneapolisUnited States

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Late Stage
Check
$500K – $10M
HQ
Minneapolis, Minnesota, US
Leads rounds
Leads
Instruments
Grants Β· Equity
Founded
1994
AUM
$250M
Tracked investments
22

Team Β· 10 people

from the firm's website & public directories
Dan FisherΒ· President and Chief Executive Officer, ECMC Group
Jacob FraireΒ· President, ECMC Foundation
Brian BoardmanΒ· General Counsel and Corporate Secretary, ECMC Group
Chad TateΒ· President, ECMC
Martin ScanlonΒ· Chief Financial Officer, ECMC Group
Rahoul GhoseΒ· Chief Information Officer, ECMC Group
Sarah StrehlΒ· Chief Human Resources Officer, ECMC Group

What they invest in

from 11 of 22 portfolio companies

EdTech Γ—9Healthtech Γ—5HR Tech Γ—5Future of Work Γ—4Mental Health Γ—3Enterprise Software Γ—2AI & Machine Learning Γ—1Cybersecurity Γ—1

HQs:United StatesΓ—9

Investments Β· 22 tracked

founders shown can be your intro path

By year:2021 Β· 12020 Β· 12 dated

Backpack Healthcarehellobackpack.com

Hello Backpack provides mental health therapy and coaching services for children, teens, and young adults.

HealthtechMental Health

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

Madhuri Reddy(Executive Officer)Helen Adeosun(Executive Officer, Director)

Chalktalkchalktalk.comin𝕏
Concentricedconcentriced.org
Corecore.eduin

Core Education PBC is a business transformation partner for higher education institutions, helping universities restructure their operating models and reduce operational fragmentation.

EdTech

Kamalika Sandell(Founding Board Member)

Craft Educationcrafteducation.com

Craft provides a platform for managing apprenticeships and work-based learning programs, handling funding alignment, academic partnerships, and compliance operations.

EdTechFuture of WorkHR Tech

Empoweruempoweru.education

EmpowerU provides online social-emotional learning curriculum and 1:1 coaching for K-12 and college students, delivered through Tier 1 and Tier 2 programs that integrate with schools' multi-tiered systems of support.

Digital HealthEdTechHealthtechMental HealthExcelsior, US

Sarah DiFrancesco(Director)Pamela York(Director)Josh Slayton(Director)Robert A Kukuljan(Executive Officer)Catherine Dorn(Executive Officer, Director)

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

Kyronlearningkyronlearning.com
Mainstaymainstay.comin𝕏
Mentor Collectivementorcollective.orgin

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

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)

New Apprenticeshipnewapprenticeship.com𝕏Jul 2021

San Antonio, US

Bradley J. Voeller(Executive Officer, Director)

BoardJoseph Watt(Director)

Orijinorijin.works
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

Andrew Wait(Director)Nick Hammerschlag(Director)Carl Lu(Director)Andre Bennin(Director)Paul Freedman(Director)Eleanor Cooper(Co-founder & CEO)

Springboardspringboard.comin𝕏

Springboard is an online learning platform offering career-focused courses in fields like software engineering, data science, cybersecurity, and UX design, with personalized mentor and career coaching support.

EdTech

Stellicstellic.comin
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)in

YouScienceyouscience.comin

Nashville, US

Martine Mahoney(Executive Officer)John Ingram(Director)Mary Elizabeth Wills(Director)Thomas Cunningham(Executive Officer)John Philip Hardin(Chief Executive Officer)Richard Patton(Director)

Portfolio news

latest coverage across their companies
AlleyCorp's New $335M Fund - by Kevin Ryan

Stepful Β· alleycorp.substack.com Β· Jul 15, 2026

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 Β· 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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