Fenwick & West LLP represented AltSchool Inc., a network of micro-schools that emphasizes personalized learning for children in grades K-8, in its recently announced $33 million Series A financing. The round of funding was led by Founders Fund and Andreessen Horowitz with follow-on investment from First Round Capital and Harrison Metal. The round also included participation from John Doerr, Jonathan Sackler, Learn Capital and Omidyar Network.
The new funds will be used to help reach a broad base of families and to offer tuition assistance toward a need-blind admissions process. More information on AltSchool’s $33M Series A Financing can be obtained from the company press release.
The Fenwick transaction team was led by corporate partner Ted Wang; and corporate associates Dawn Belt and Patrick Grilli.