Fenwick & West represented Civitas Learning, Inc., a pioneer in the use of data science and design thinking to support higher education institutions, in its financing of up to $60 million. The round was led by Warburg Pincus, who is joined by returning investors, including Emergence Capital Partners, Austin Ventures, Rethink Education, SJF Ventures and Gera Venture Capital.
The new investment will enable Civitas Learning to expand and enhance the capabilities of its platform, ensuring that partners have access to the most comprehensive set of data tools and supporting functions. The investment will also support strategic acquisitions and geographic expansion to meet new demand from international markets. More information about Civitas Learning’s financing can be obtained from the company press release.
The Fenwick transaction team was led by corporate partners Michael Brown and Mark Stevens, and corporate associates Brendan Franich and David He.