The company raised $15 million of Series B venture funding in a deal led by Teamworthy Ventures on July 26, 2018, putting the company's pre-money valuation at $70 million. Salesforce Ventures, Strada Education Network and Chan Zuckerberg Initiative also participated in the round. The funds will be used to expand operations and its reach as well as launching the new 'RaiseMe for Community College Transfers' platform.
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