United States · Series B startup

Who invested in BetterLesson

4 rounds we have observed, with the 11 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Edtech

Funding summaryUpdated 26 Oct 2026

$15Mraised across 4 rounds since 2009, from 4 sources

$259KDebt$1.6MSeries A$3.5MVenture$10MSeries B
Latest round
Series B, $10MNov 2017
Step-upi
2.9×
Investors
11
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20092011201320152017
$259KDebt$1.6MSeries A$3.5MVenture$10MSeries B
First round
Debt, $259K
Mar 2009
Biggest round
$10M
Series B · Nov 2017
Usual gap between rounds
2.5 years
the median of 3

The rounds

  1. Nov 2017
    Series B$10M4 new
    • NAR REACH
    • Michael
    • Owl Ventures/ New Markets
    • Susan Dell Funds

    Reported by PehubSEC filing: $5.4M sold, first sale Aug 2017

  2. Nov 2012
    Venture$3.5M1 new

    Reported by pevc.dowjones.com

  3. Sept 2011
  4. Mar 2009
    Debt$259K

    No investor was named in the report.

    From a historical funding record

Founders and team

From the SEC filings it signed: 2 on the team.

  • Edward Seth RaynerExecutive Officeri
  • Matthew KennardExecutive Officer, Directori

On the board, as filediAlexander Seth GroddChristopher Seth CerfErin Seth OsbornJami Seth O'TooleVinay Seth Mohta

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Debt2009Series A2011Venture2012Series B2017General CatalystHighland Capital PartnersNewSchools Venture FundGates FoundationNew Markets Venture PartnersNAR REACHSteve KauferMatt GreenfieldMichaelOwl Ventures/ New Markets

Everyone who backed them

General CatalystVC firm1round
Gates FoundationInstitutional LP1round
NAR REACHAccelerator1round
Steve KauferAngel1round
Matt Greenfieldno record of our own yet1round
Michaelno record of our own yet1round
Owl Ventures/ New Marketsno record of our own yet1round
Susan Dell Fundsno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 3 firms list BetterLesson as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

New Ground VenturesVC firmPer its own site
Owl VenturesVC firmPer its own site
Bonsal CapitalVC firmPer its own site

Quick answers about BetterLesson

Who invested in BetterLesson?

BetterLesson's investors include General Catalyst, Highland Capital Partners, NewSchools Venture Fund, Gates Foundation and New Markets Venture Partners, and 6 more on record.

How much has BetterLesson raised?

BetterLesson has raised $15M across 4 rounds since 2009.

When did BetterLesson last raise?

BetterLesson's most recent round was a Series B of $10M in Nov 2017.

What was BetterLesson's biggest round?

Its most recent round, $10M in Nov 2017, is also its largest on record.

Who backed BetterLesson first?

BetterLesson's first round on record, in Sept 2011, was backed by General Catalyst, Highland Capital Partners and NewSchools Venture Fund and 3 others.

What stage is BetterLesson at?

BetterLesson's latest named round is a Series B, in Nov 2017.

Where is BetterLesson based?

BetterLesson is based in the United States.

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