# BetterLesson funding: rounds and investors > BetterLesson has raised $15M across 4 rounds since 2009. Investors include General Catalyst, Highland Capital Partners and NewSchools Venture Fund. Source: https://millionrounds.com/company/betterlesson (Millionrounds; every figure on the page links to its filing or article) United States · [Series B startup](https://millionrounds.com/companies) # 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 summary Updated 26 Oct 2026 **$15M** raised across 4 rounds since 2009, from 4 sources **$259K** Debt **$1.6M** Series A **$3.5M** Venture **$10M** Series B - **Latest round:** Series B, $10M Nov 2017 - **Step-up i:** 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. 2009 2011 2013 2015 2017 **$259K** Debt **$1.6M** Series A **$3.5M** Venture **$10M** Series B - **First round:** Debt, $259K - **Biggest round:** $10M - **Usual gap between rounds:** 2.5 years ## The rounds - **Nov 2017** Series B **$10M** *4 new* [NAR REACH](https://millionrounds.com/fund/nar-reach) Michael Owl Ventures/ New Markets Susan Dell Funds Reported by Pehub SEC filing: $5.4M sold, first sale Aug 2017 - **Nov 2012** Venture **$3.5M** *1 new* [Gates Foundation](https://millionrounds.com/fund/bill-and-melinda-gates-foundation) Reported by pevc.dowjones.com - **Sept 2011** Series A **$1.6M** *6 new* [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Highland Capital Partners](https://millionrounds.com/fund/highland-capital-partners) [NewSchools Venture Fund](https://millionrounds.com/fund/newschools-venture-fund) [New Markets Venture Partners](https://millionrounds.com/fund/new-markets-venture-partners) [Steve Kaufer](https://millionrounds.com/fund/steve-kaufer) Matt Greenfield Reported by techcrunch.com - **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 Rayner** Executive Officer i - **Matthew Kennard** Executive Officer, Director i On the board, as filed i *Alexander Seth Grodd* *Christopher Seth Cerf* *Erin Seth Osborn* *Jami Seth O'Toole* *Vinay 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. **Debt** 2009 **Series A** 2011 **Venture** 2012 **Series B** 2017 [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Highland Capital Partners](https://millionrounds.com/fund/highland-capital-partners) [NewSchools Venture Fund](https://millionrounds.com/fund/newschools-venture-fund) [Gates Foundation](https://millionrounds.com/fund/bill-and-melinda-gates-foundation) [New Markets Venture Partners](https://millionrounds.com/fund/new-markets-venture-partners) [NAR REACH](https://millionrounds.com/fund/nar-reach) [Steve Kaufer](https://millionrounds.com/fund/steve-kaufer) Matt Greenfield Michael Owl Ventures/ New Markets ## Everyone who backed them [General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **1** round [Highland Capital Partners](https://millionrounds.com/fund/highland-capital-partners) VC firm **1** round [NewSchools Venture Fund](https://millionrounds.com/fund/newschools-venture-fund) VC firm **1** round [Gates Foundation](https://millionrounds.com/fund/bill-and-melinda-gates-foundation) Institutional LP **1** round [New Markets Venture Partners](https://millionrounds.com/fund/new-markets-venture-partners) VC firm **1** round [NAR REACH](https://millionrounds.com/fund/nar-reach) Accelerator **1** round [Steve Kaufer](https://millionrounds.com/fund/steve-kaufer) Angel **1** round Matt Greenfield no record of our own yet **1** round Michael no record of our own yet **1** round Owl Ventures/ New Markets no record of our own yet **1** round Susan Dell Funds no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=betterlesson). ## 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 Ventures](https://millionrounds.com/fund/new-ground-ventures) VC firm Per its own site [Owl Ventures](https://millionrounds.com/fund/owl-ventures-3) VC firm Per its own site [Bonsal Capital](https://millionrounds.com/fund/bonsal-capital) VC firm Per 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. ## Companies like BetterLesson In the same sector, and raised in the last eighteen months. [**Stride** $16M · Oct 2026](https://millionrounds.com/company/stride)[**Amira Learning** $30M · Oct 2026](https://millionrounds.com/company/amira-learning)[**Notey** $3.0M · Oct 2026](https://millionrounds.com/company/notey)[**Overtime** $33M · Oct 2026](https://millionrounds.com/company/overtime)[**KIDZ AI** $1.9M · Sept 2026](https://millionrounds.com/company/kidz-ai)[**Imagi** $7.5M · Jul 2026](https://millionrounds.com/company/imagi) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app