Abre, a leading modern data solution for K-12 education, has announced the successful completion of a Series A investment round, securing $24 million. The round was led by PeakSpan Capital, with participation from JumpStart Ventures, JobsOhio Growth Capital Fund, and Golden Angels Investors. This significant funding will fuel Abre’s mission to revolutionize learning communities by facilitating comprehensive data-informed decision-making.
PeakSpan Capital, known for its focus on high-growth B2B software companies, manages $1.5 billion in assets under management (AUM). Their investment underscores Abre’s potential to scale sensibly and capitalize on strategic opportunities in the education technology (EdTech) market.
The investment will support Abre in enhancing its data solution, which provides a comprehensive view of student performance and well-being. By integrating data from various EdTech platforms, Abre offers educators, administrators, and stakeholders actionable insights to improve student outcomes. Additionally, the funding will enable Abre to expand its market reach, strengthen its team, and capitalize on emerging opportunities in the EdTech sector.
James Stoffer, CEO of Abre, expressed gratitude for the support from PeakSpan Capital and existing investors. He emphasized that the investment validates Abre’s vision and strategy, empowering the company to accelerate its growth and deliver impactful solutions to schools, districts, and stakeholders.
Abre’s software serves as a centralized platform for managing student data, enabling educators to make informed decisions tailored to individual student needs. The platform’s user-friendly interface and robust features have garnered widespread adoption among school districts nationwide.
