Guild Education Closes $157 Million Series D Round, Becomes Latest Edtech Startup to Hit $1 Billion Valuation

edtechreview | November 14, 2019

Denver-based Guild Education, a B Corporation certified company that focuses on creating opportunity for America’s workforce through education, has raised $157 million in a Series D funding round led by venture capital firm General Catalyst with its Chairman and Managing Director, Ken Chenault, leading the investment and joining Guild’s Board of Directors, the company has announced in a press release. Others who participated in the round include Emerson Collective, Iconiq Capital and Lead Edge, as well as existing investors including Workday Ventures, Salesforce Ventures, Next Play Capital, Silicon Valley Bank, Felicis Ventures, Bessemer Venture Partners, Redpoint Ventures, and Harrison Metal. The latest funding has made Guild, now valued at $1 billion, becomes the latest female-led as well as edtech company to hit $1 billion valuation.

Spotlight

Many students go to a four-year school because they believe it’s the normal thing to do. According to research by Degree Query, 30 percent of students worldwide only go to a four-year college because they think it’s the natural progression after high school, and 23 percent only go because they think it’s what's expected from them.

Spotlight

Many students go to a four-year school because they believe it’s the normal thing to do. According to research by Degree Query, 30 percent of students worldwide only go to a four-year college because they think it’s the natural progression after high school, and 23 percent only go because they think it’s what's expected from them.

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