The mentor-equipped education provider took its total funding to more than $53m in a Telstra Ventures-led round featuring existing investor Pearson Ventures.
Telstra Ventures, the venture capital firm backed by telecommunications company Telstra and private equity firm Harbourvest, has led a $31m series B round for US-based adult online mentorship service Springboard.
The round included Pearson Ventures, textbook publisher Pearson’s investment arm, as well as Vulcan Capital, SJF Ventures, Costanoa Ventures, Reach Capital, International Finance Corporation (IFC), 500 Startups, Blue Fog Capital and Learn Capital.
Springboard runs an online platform that offers guided courses to learners along with mentorship from specialised advisers.…