IMPACT INVESTING

Investing to drive change

We’re making strategic investments in mission-aligned companies and third-party funds to keep expanding our impact.

APPROACH

OUR APPROACH

Advancing ASA’s mission

Advancing ASA’s mission

Investing in companies with measurable outcomes in career-focused education, intentional post-secondary pathways, and workforce development.

Creating a more sustainable world

Creating a more sustainable world

Investing in third-party funds that are aligned to ASA’s mission and three focus areas. 

Realizing market rate returns

Realizing market rate returns

Enabling and extending ASA’s work through mission-aligned investment strategies that are optimized for market rate financial returns. 

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Our Investment Strategy

We aim for optimized investment returns and measurable impact, diversified by theme, geographic focus, management strategy, and investment stage. Our investment focus includes:

Third-party impact funds

Investments in funds across all stages that realize market rate returns while advancing ASA’s mission in three thematic focus areas and social determinants of learning. 

Seed or Series A/B direct investments

Early and growth stage investing in private companies across three thematic focus areas: career-focused education, intentional post-secondary pathways, and workforce development. 

Investing

PUTTING OUR CAPITAL TO WORK

$150M

To invest over 5 years

$250K – $3M

Average direct investment

$1M – $7.5M

Average fund investment
  • $150M

    To invest over 5 years
  • $250K – $3M

    Average direct investment
  • $1M – $7.5M

    Average fund investment

DIRECT INVESTMENT STRATEGY & CRITERIA

Entrepreneurs

 

 

 

 

 

 

 

IMPACT CRITERIA

Mission Alignment

Product drives impact in career-focused education, post-secondary pathways, and/or workforce development 

Measurable Impact

Product directly creates positive, measurable outcomes for 6th-12th grade or adult learners 

Scalable Impact Linked to Revenue Growth

Growth in financial success directly drives greater learner impact 

Impact Accountability

Commitment to tracking and reporting impact metrics 

FINANCIAL CRITERIA

Strong Early Revenue

Proven product market fit with at least $500K in ARR

High Growth Rates

Strong market demand proven by rapid growth in key metrics like sales, market share, or customer base

Scalable Business Model

Business structure allows for efficient growth without a proportional increase in costs

Durable and Adaptable Strategy

Resilient businesses that can withstand market changes and evolve with new trends

Institutional Backing

Existing commitment from an institutional investor

SOUND LIKE YOUR ORGANIZATION?

Our Impact

21.5M

Total Learners Impacted

3.9M

K12 Learners Impacted

17.6M

Adult Learners Impacted
  • 21.5M

    Total Learners Impacted
  • 3.9M

    K12 Learners Impacted
  • 17.6M

    Adult Learners Impacted

OUR PORTFOLIO