EverFi Raises $40M, Led By Jeff Bezos & Eric Schmidt

EverFi, a D.C.-based edtech company, announced a $40 million Series C round of venture funding, Wednesday.

The round was led by Amazon CEO and Washington Post owner Jeff Bezos, Alphabet (formerly Google) CEO Eric Schmidt and other investors including New Enterprise Associates. Three new investors, Advance Publications, Rethink Impact and Silicon Valley Bank, were also announced as part of the funding round. Advance Publications is the parent company of American City Business Journals, which owns DC Inno.

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