DREAMBOX MATH SOFTWARE

вЂњWe are proud to have worked with Jessie and her team to build the countryвЂ™s only ESSA-strong solution for both math and reading, coupled with leading-edge assessment without testing. вЂњDreamBox is a terrific case study for The Rise FundвЂ™s work in the education sector,вЂќ added John Rogers, Partner and Education Sector Lead for The Rise Funds. Jessie Woolley-Wilson and her team have built a high performing business that delivers social impact at scale,вЂќ said Steve Ellis, Co-Managing Partner of The Rise Funds. вЂњDreamBox demonstrates the power of those business models in which social impact and financial performance are colinear. We look forward to partnering with the teams at DreamBox and The Rise Fund to make a significant impact in education,вЂќ said Isaac Kim, Managing Director at Evergreen Coast Capital Corp. Jessie Woolley-WilsonвЂ™s impressive, values-driven leadership has resulted in a differentiated product offering. вЂњWe identified DreamBox as a leading innovator pushing the industry forward with highly efficacious solutions. We look forward to partnering with Jessie Woolley-Wilson, the entire DreamBox team, and The Rise Fund in this new chapter for the Company, bringing together our expertise in data and SaaS technologies, and sustainable growth at scale,вЂќ said Christian Heim, Managing Director at Evergreen Coast Capital Corp. вЂњDreamBox is a compelling extension of EvergreenвЂ™s continued investment effort in the EdTech market.

This milestone is a testament to our belief that we can вЂdo well to do goodвЂ™ as we deliver highly engaging and adaptive mathematics and reading solutions that unlock learning potential for all students.вЂќ вЂњOur mission is to radically transform the way the world learns, and this partnership will propel DreamBox into the next phase of growth as we expand the reach of our best-of-breed, dual-discipline solution. Evergreen not only recognizes what DreamBox has achieved, but also what more our team can do for education with the right complement of engaging and personalized learning technology combined with powerful predictive and real-time analytics that empower learning guardians,вЂќ said Jessie Woolley-Wilson, President and CEO of DreamBox Learning. вЂњWe are in an historic moment in the EdTech industry, and all of us at DreamBox have been inspired to see teachers embrace blended learning solutions that are proven to advance the mathematics and reading skills of students both in the classroom and at home. DreamBox also expanded its leadership team this year and acquired two companies in the English Language Arts (ELA) market to offer a dual-discipline solution, which now supports approximately 6 million students and 400,000 educators. The deal follows a record year for DreamBox, on target for over $100 million in revenue and nearly 40% growth as K-12 schools accelerate adoption of proven-effective blended learning solutions. TPGвЂ™s The Rise Fund will retain a significant minority stake and continue to be represented on the CompanyвЂ™s board of directors.

DREAMBOX MATH SOFTWARE

(вЂњEvergreenвЂќ), investors in software and technology businesses seeking growth and scale, have signed a definitive agreement for Evergreen to acquire a majority stake in DreamBox. BELLEVUE, Wash.-( BUSINESS WIRE)- DreamBox Learning, the leading education technology provider that pioneered intelligent adaptive learning, and Evergreen Coast Capital Corp.

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