Since our launch in 2011, General Assembly has made tremendous progress towards our long-term vision: creating a global community of individuals empowered to pursue the work they love. General Assembly has already touched hundreds of thousands of lives, with a community of more than 100,000 students, including an alumni network of more than 6,000 graduates of our courses across eight campuses.
While our progress has been tremendous, our work has barely begun. Our mandate, our deepest organizational responsibility, is to support these alumni not just now, but for many, many years to come. It is this obligation that led to our new round of funding for General Assembly, designed to ensure that we will be able to educate students and help decades of alumni yet to come. Led by Institutional Venture Partners (IVP), this round represents over $35 million of investment, with participation from other investors including GSV Capital, Rethink Education, Maveron, and Western Technology Investment. IVP is an incredible firm, with an awe-inspiring portfolio including Twitter, Omniture, Netflix, Akamai, Soundcloud, and Snapchat. Todd Chaffee, general partner at IVP, is joining our board, and we’re proud to partner with the firm as we continue to expand our audience and scope of offerings.
While we look toward the future, I also want to recognize General Assembly’s team today. We have 250 amazing, talented people, working tirelessly from outposts across the globe. Working at a startup is a constant challenge and I’m proud of what our team has accomplished. Our ability to continue to invest and grow is due to their commitment to General Assembly and to our students; they are the most crucial element of our collective success to date.
While a financing round is a milestone, it is hardly an endpoint. We want to build General Assembly to still be thriving 75 years from now, and have mountains of work to do to continue to serve our students, alumni, and the countless individuals we have yet to reach. There will be new courses, new campuses, and new audiences to come. We look forward to sharing them with our growing global community.Related