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EARLY STAGE
 
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Team

Management: Adam Braun (CEO)
Company

Business description: MissionU is a college alternative that gives students the skills and experience needed to succeed in today’s competitive working world while allowing them to graduate debt-free with no upfront tuition. Led by Pencils of Promise founder Adam Braun, who created the company with co-founder and Chief Product Officer Mike Adams, MissionU is the only program that combines general education with specialized skills training to prepare individuals for real-world jobs. By employing an income-share agreement model, MissionU only requires students to pay once they are earning $50,000 or more, during which they pay 15% of their income for three years back to the company.
Partners include: BonobosCheggLyftSpotifyUber;  Birchbox
Capital

Rounds: 2
Recent fundings: Sep 2017   Oct 2016
Capital raised: 11.5M
Last Round: 8.5M
Ownership: Private  
Angels/other VCs: John Doerr (Kleiner Perkins Caufield & Byers)

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Overview
Record updated: Sep 2017
Sector: Internet
Year Founded: 2016
Rounds: 2
Recent fundings: Sep 2017   Oct 2016
Capital raised: 11.5M
Last Round: 8.5M
Ownership: Private