Achieve Partners raises $167m for EdTech fund

New York-based private equity firm, Achieve Partners, has successfully raised an impressive $167 million for its latest venture into the education technology sector. Specializing in software and tech-enabled services spanning K-12 education to workforce development, Achieve is poised to make a significant impact on the edtech landscape.

Counting Federated Hermes among its limited partners, Achieve's new fund has wasted no time in deploying capital. Notable investments include Boclips, a company facilitating access to video content for educational entities, and Elentra, the brains behind a cutting-edge software platform catering to healthcare education.

With a commitment to advancing learning technologies, Achieve Partners continues to solidify its position as a key player in the private equity landscape, leveraging strategic investments to drive innovation and transformation across the education spectrum.