Mentor Collective Raises $21M To Accelerate Mission Of Bridging Equity Gaps In Higher Education
Amount Raised
$21 Million
Description
Mentor Collective, the leading provider of scalable, structured mentorship programs, announced today that it has raised strategic funding to meet the growing demand for large-scale peer mentorship on today's college campuses. The Series A investment round was led by Resolve Growth Partners - a venture capital and growth equity firm committed to helping technology-enabled companies realize their full potential. Additionally, the round included reinvestments from Mentor Collective's initial thought partner Lumina Foundation - an independent, private foundation in Indianapolis committed to making opportunities for learning beyond high school available to all. In 2021, Mentor Collective - a remote-first company founded in Boston - created over 83,000 mentorships, exceeding the cumulative total of the last six years