EverFi Raises $11 Million For Financial Literacy Education Application
September 02, 2010 at 12:05 PM EDT
Washington D.C.-based startup EverFi has just raised $11 million in Series A funding from New Enterprise Associates (NEA), with participation from TomorrowVentures and independent investors including Michael Chasen, the CEO of Blackboard. EverFi has created a SaaS application for schools to help educate young adults on financial literacy, student loan default prevention, filing taxes, credit card debt and more. The application's curriculum incorporates virtual worlds, gaming, social media and videos to help teach children these life skills.