How many investments has ETS Strategic Capital made?

ETS Strategic Capital has 25 tracked investments, 1 of which have exited.

What stage does ETS Strategic Capital invest at?

ETS Strategic Capital invests at the Seed, Series B, Series C, Growth, Late Stage stages.

What sectors does ETS Strategic Capital focus on?

ETS Strategic Capital focuses on AI & Machine Learning, EdTech, Future of Work, HR Tech.

Where is ETS Strategic Capital located?

ETS Strategic Capital is headquartered in Princeton, US.

Who does ETS Strategic Capital co-invest with?

ETS Strategic Capital most often shares deals with Owl Ventures, Fresco Capital, Sprint Vc, among 53 tracked co-investors.

ETS Strategic Capital

Corporate VC

Princeton · Seed–Late Stage · 12 people tracked

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Find your way into ETS Strategic Capital

373 people in our graph share verified history with the ETS Strategic Capital team — schools, employers, funds. One of them is your warm intro.

Sakshi Chopraunlockedknows Smit Desai · together at Yubi (overlapped)

knows the team · via Yubi

×4knows the team · via Upgrad

×2knows the team · via R.A.Podar College of Commerce & Economics

×4knows the team · via SDA Bocconi

✨ Fox Verdict

Investment thesis

ETS Capital invests in the education and workforce sectors, targeting companies that improve learning and employment outcomes. Its equity investments typically focus on Series B, Series C, or later-stage companies with proven product/market fit, established customers, and a developed business model seeking growth capital to scale, though earlier-stage deals are possible in select cases. The firm also pursues middle-market mergers and acquisitions and forms growth partnerships including joint ventures, channel and distribution agreements, IP licensing, and technology-transfer relationships. Backed by parent company ETS, the firm leverages deep expertise across financial, business, and technology sectors to fuel growth and better outcomes in education.

Invests inAI & Machine Learning EdTech Future of Work HR Tech Europe Global India North America Princeton United States

Source: firm website, verified Sep 27, 2026.

Stage

Seed–Late Stage

Princeton, NJ, US

Instruments

Equity

Tracked investments

Unicorns

Acquisitions

Team · 12 people

from the firm's website & public directories

Emal Dusst· Managing Director & Head of ETS Capital

Managing Director and Head of ETS Capital. Previously a senior investment professional at Sterling Partners leading global education and workforce transactions, and held senior roles at Cintana Education, Laureate Education, and Saint-Gobain. He serves or has served on boards of several education companies including Coursera, Memorang, Suraasa, and Orijin. He holds a BA in Economics from UCLA and an MBA from Kellogg.

Malone Ma· Principal

Principal and board observer at portfolio company Orijin. Previously led portfolio company management for HNA Group North America and was a senior director at T.A. McKay & Co. He holds an MS in Finance from University of Illinois, a BA from CSU East Bay, and is a CFA charterholder.

Mike May· Principal

Principal and board observer at portfolio company Memorang. Previously an Investment Banking Director at Solomon Partners and a Vice President in the TMT group at TD Cowen. He holds a BS in Finance and English from Boston College.

Mike Rossmann· Principal

Principal who previously was a Vice President at Wells Fargo Securities executing M&A transactions and worked in strategy consulting at Cartesian. He holds an MBA from the Yale School of Management and a BS from Carnegie Mellon University.

Smit Desai· Director· Mumbai, Maharashtra, Indiain

Director with over a decade of experience in investment banking, corporate development, and strategy; board observer at portfolio company LeverageEdu. Previously led strategy and corporate development at a Yubi subsidiary, worked in corporate development at upGrad, and in investment banking at EY. He holds an MBA from the Indian School of Business and is a Chartered Accountant.

Daniel Pollak· Senior Associate

Senior Associate who previously worked in technology investment banking at Oppenheimer in New York City. He holds a bachelor's degree with honors from the University of Southern California.

Isabelle Hau· Advisory Board - AI & Learning Innovation

Advisory board member for AI and learning innovation; Executive Director of the Stanford Accelerator for Learning with over 20 years building global AI and learning innovation platforms.

Jonathan Lau· Advisory Board - Product & Strategy

Advisory board member for product and strategy; co-founder of workforce education provider InStride with over 20 years of global edtech leadership.

Melanie Clayton· Executive Assistant

Executive Assistant who has been with ETS for over 14 years in roles such as Process Coordinator and Senior Administrative Assistant across scoring and reporting operations. She previously worked at The Hibbert Group and is pursuing a BA in Liberal Studies from William Paterson University.

Pankaj Bansal· Advisory Board - Workforce & Skilling

Advisory board member for workforce and skilling; co-founder and managing partner of Caret Capital with 25+ years in workforce readiness and education-to-employment partnerships.

Tony Chan· Advisory Board - Global STEM & Higher Ed

Advisory board member for global STEM and higher education; former president of KAUST and HKUST with 30+ years driving STEM innovation and higher education transformation.

Farhat Siddiqui· Advisor· New York City Metropolitan Areain

Farhat Siddiqui leads AI platform adoption and governance at Genmab, where he has scaled ChatGPT and other large language models from a pilot program to enterprise-wide deployment across multiple business functions. His background includes leadership roles in engineering, data, and product organizations at ETS and Meta, as well as early work in trading systems at Citi. He holds a statistics degree and master's in computer science, and independently operates Nuven.ai to research applications of frontier AI models.

What they invest in

from 19 of 25 portfolio companies

EdTech ×17SaaS ×12AI & Machine Learning ×8Enterprise Software ×6HR Tech ×4Future of Work ×3Marketplaces ×3Fintech ×2

HQs:United States×6India×4Canada×1China×1

Who they back

founder profiles across 14 portfolio companies

50%

solo founders

7 of 14 mapped founding teams

74%

repeat founders

of 19 founders with career history

Founding team size:solo founder×72 founders×43 founders×3

Where their founders studiedfrom 15 founders with education data

Conestoga College ×2INSEAD ×2

What their founders studiedfrom 14 founders with field-of-study data

Business & Management ×6Engineering ×4Computer Science ×3Humanities ×2

Where their founders worked beforefrom 19 founders with career history

KPMG ×2

Investments · 25 tracked

founders shown can be your intro path

By year:2024 · 1 2021 · 1 2018 · 13 dated

Suraasasuraasa.com in✓ verified

Suraasa is a teacher training and development platform that provides structured pedagogy training, career roadmap guidance, and professional networking opportunities for teachers.

EdTechFuture of WorkHR TechNoida, IN

Rishabh Khanna(Founder)in

Co-investorsReach Capital Sprint Vc SucSEED Indovation Supermorpheus NB Ventures

ApplyBoard Inc.applyboard.com in

ApplyBoard operates a platform connecting international students with educational institutions across Canada, the US, UK, Ireland, Australia, and Germany.

AI & Machine LearningB2B MarketplacesEdTechMarketplacesSaaSLondon, CA

Meti Basiri(Founder)in Martin Basiri(Co-Founder and Former Chief Executive Officer)in Massi Basiri(President and Co-Founder)in

Co-investors500 Global Artiman Ventures BDC Growth Venture Fund Candou Ventures Celtic House Asia Partners Drive Capital +12 more

BenchPrepbenchprep.com in

BenchPrep is a learning management system for associations, credentialing bodies, and training companies that delivers exam prep, continuing education, and professional certifications.

EdTechEnterprise SoftwareSaaS

Ashish Rangnekar(Founder)in Ujjwal Gupta(Founder)in

Co-investorsNew Enterprise Associates (NEA)NewView Capital Owl Ventures Jump Capital Lightbank Revolution

Class Technologiesclass.com in 𝕏Dec 2018

Class is a virtual classroom platform built on Microsoft Teams that adds interactive teaching and learning tools to enhance live synchronous instruction.

EdTechFuture of WorkSaaSNew York, US

Michael Chasen(Founder)inTaryn Toomey(Executive Officer, Director)

Co-investorsGSV Ventures Maven Ventures Owl Ventures SoftBank Vision Fund Structural Capital SWaN & Legend Venture Partners +4 more

College Dekhocollegedekho.com in 𝕏

CollegeDekho is an online platform that helps high school students identify and apply to colleges in India through personalized counseling, college information, and a unified application process.

EdTechMarketplacesBengaluru, IN

Co-investorsMan Capital Trifecta Capital Advisors

Degreeddegreed.com in 𝕏

Degreed provides an enterprise learning experience platform that helps organizations collect, understand, and develop workforce skills through AI-driven learning experiences.

EdTechEnterprise SoftwareHR TechSaaSSan Francisco, US

David Blake(CEO)in David Wiley(Executive Officer, Director)in

BoardChris McCarthy(Director)Brandon Tidwell(Director)in

Co-investorsAcadian Ventures Management, Llc BYU Cougar Capital Contour Venture Partners Elevate Innovation Partners Founders Circle Capital GSV Ventures +14 more

GradSchoolMatchgradschoolmatch.com in

GradSchoolMatch provides articles and resources to help prospective graduate, business, and law students find programs, understand financing options, and prepare for admissions applications.

EdTech

Harverharver.com in 𝕏

Harver is a talent assessment platform that helps enterprise organizations make hiring decisions using predictive assessments and automated solutions grounded in industrial-organizational and cognitive science.

AI & Machine LearningEnterprise SoftwareHR TechSaaS

Co-investorsCamden Partners Acrobator Ventures Insight Partners

Impacter Pathwayimpacterpathway.com in

IMPACTER builds an education platform focused on character assessment and measuring skills like purpose and future-ready abilities for K-12 schools, students, and educators.

AI & Machine LearningEdTechSaaS

Danny Byun(Co-Founder & Co-CEO)in Dr. Joshua Arnold(Co-Founder & Co-CEO)in

Kira Talentkiratalent.com in 𝕏

Kira Talent offers a holistic admissions platform for higher education programs, combining on-demand timed video and written assessments with structured live interview technology to help schools evaluate applicants' skills and traits.

EdTechSaaS

Emilie Cushman(Founder)in

Co-investorsBisk Ventures Relay Ventures Venture Ontario

Leverage Eduleverageedu.com in 𝕏

Leverage Edu is an India-based study-abroad platform that helps students pursue global higher education, offering services such as university admissions guidance, education loans through a financial services arm, and student accommodation.

AI & Machine LearningEdTechFintechFuture of WorkMarketplaces

Akshay Chaturvedi(Founder & CEO)in

Co-investorsLVX Ventures NB Ventures Spring Marketing Capital Sprint Vc Trifecta Capital Advisors

Memorangmemorang.com in 𝕏

Memorang provides a platform for organizations to launch customized, AI-driven learning experiences across any subject.

AI & Machine LearningEdTechSaaSLos Angeles, US

Dr. Yermie Cohen(Founder & CEO)Eric Martin(Chief Revenue Officer)

MPOWER Financingmpowerfinancing.com in 𝕏

MPOWER Financing provides loans and financial support to international students pursuing education in the United States and Canada, using a credit model based on future potential rather than credit history.

EdTechFintechImpact & Social GoodWashington, US

Manu Smadja inMike Davis in

Co-investorsBuilders + Backers Dreamit Ventures Fresco Capital K Street Capital VARIV Breega +5 more

MTCmastery.org in 𝕏

Mastery.org operates the Mastery Transcript, a competency-based alternative to traditional grade transcripts, and runs a consortium of schools that use it.

EdTechSaaS

Matt Sornson(Founder)inAaron Rasmussen(Co-founder)inScott Looney(Founder of MTC)in

Co-investorsIncubate US

Orijinorijin.works in

Co-investorsECMC Group

Pippletpipplet.com in 𝕏

Pipplet is a web-based language assessment platform that tests the oral and written proficiency of job candidates, employees, and learners across more than 40 languages using human-graded, real-world tests.

EdTechEnterprise SoftwareHR TechSaaS

PSIpsiexams.com in 𝕏

PSI provides testing and assessment services, including exam delivery, statistical analysis of testing data, and security measures such as audits, inspections, and monitoring to detect fraud and vulnerabilities across the assessment lifecycle.

EdTechEnterprise SoftwareGovTechSaaS

Co-investorsBreakthrough Energy Ventures Robot Ventures Solari Capital Susa Ventures SV Angel Valkyrie

Pymetricspymetrics.aiAcquired

Develops neuroscience-based human capital assessment software that enables companies to hire the best employees.

New York, US

Julie J. Yoo(Executive Officer, Director, Promoter)Frida E. Polli(Executive Officer, Director, Promoter)

BoardSamir Kaul(Director)Barbara Marder(Director)

Co-investorsJAZZ Venture Partners General Atlantic Workday Ventures

Sliderslider.devJul 2021 · $100M

Slider builds a frontend development environment and AI agent that ingest enterprise context — a company's frontend stack, platform docs, and design rules — to let stakeholders prototype and iterate on frontend code within a governed, multiplayer sandbox.

AI & Machine LearningDeveloper ToolsEnterprise Software

Katie Holden(Founder)in

Co-investorsRange VC King Street Capital Management

Upgradupgrad.com in 𝕏

upGrad is an online higher education company offering degrees, certifications, bootcamps, and study abroad programs, as well as recruitment services, in partnership with universities.

AI & Machine LearningEdTech

Ronnie ScrewvalainMayank Kumarin Phalgun Kompalli in

Co-investorsKaizenvest Sapien Ventures / Sapien Group IFC Temasek

Vericantvericant.com in 𝕏

Vericant is a third-party interview and assessment service for international applicants seeking admission to academic institutions.

AI & Machine LearningEdTechSaaSBeijing, CN

Guy Sivan(Co-Founder & CEO)in

Co-investorsFresco Capital Shunwei Capital

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

EduvueOpenclassrooms Current AllTOEFLWheebox

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Portfolio news

latest coverage across their companies

ETS Capital Invests in Impacter Pathway — Validating Human Skills Analytics as a New Category in K–12 Measurement - Impacter Pathway

Impacter Pathway · impacterpathway.com · Jun 12, 2026

Frequently asked questions

How many investments has ETS Strategic Capital made?: ETS Strategic Capital has 25 tracked investments, 1 of which have exited.
What stage does ETS Strategic Capital invest at?: ETS Strategic Capital invests at the Seed, Series B, Series C, Growth, Late Stage stages.
What sectors does ETS Strategic Capital focus on?: ETS Strategic Capital focuses on AI & Machine Learning, EdTech, Future of Work, HR Tech.
Where is ETS Strategic Capital located?: ETS Strategic Capital is headquartered in Princeton, US.
Who does ETS Strategic Capital co-invest with?: ETS Strategic Capital most often shares deals with Owl Ventures, Fresco Capital, Sprint Vc, among 53 tracked co-investors.

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