Avenues develops a system of top prekindergarten through 12th-grade independent schools, aiming to deliver a global educational experience. The school network was founded in 2009 by Benno Schmidt, Chris Whittle, and Alan Greenberg and is led by CEO Chris Whittle. Its flagship campus is scheduled to open in fall 2012 in the Chelsea neighborhood of Manhattan. Over the next 10 years the company plans to open more than 20 campuses within major cities around the world. To fund the flagship and future domestic and international sites, Avenues completed a $75 million growth capital financing. The investment is intended to support expansion of Avenues’ independent school model across leading global cities.

Total raised

$75M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2011