Achieve Partners collects $167m for new edtech fund

• The fund’s limited partners include Federated Hermes
• Achieve’s new fund has already made several investments, which include Boclips, which provides access to video content to education companies; and Elentra, creator of a software platform for healthcare education
• Achieve Partners was founded in 2019

Achieve Partners has raised $167 for its new edtech fund.

Based in New York City, Achieve invests in software and tech-enabled services across the education spectrum, from K-12 through higher education and workforce development.

The fund’s limited partners include Federated Hermes.

Achieve’s new fund has already made several investments, which include Boclips, which provides access to video content to education companies; and Elentra, creator of a software platform for healthcare education.

“The most effective education technology solutions are often those that don’t get as much fanfare. While they may not be flashy, tools that enable access to better instructional content, or allow schools to manage the learning experience in complex fields like healthcare, play a foundational role in improving outcomes for students,” said Achieve Managing Director Troy Williams in a statement. “This is about investing in the fast-growing platforms that will power the shift to a more digitally enabled education landscape, one with the potential to better meet the needs of learners at every stage of their educational journey.”

Achieve Partners was founded in 2019.