Skills Fund combines student lending and program quality assurance to support coding and data-science bootcamps. The platform partners with bootcamps that meet its quality and outcomes standards, then provides access to competitive financing products for their students. Launch partners named in the announcement include Dev Bootcamp, Metis, Galvanize, Hackbright Academy, CodeU, and Sabio. Skills Fund says it ties financial incentives of lenders and programs to student success and provides transparency on loan APRs before students apply. The company highlights alignment with the Department of Education’s EQUIP initiative as reinforcing demand for paired access and quality assurance. Founder and CEO Rick O’Donnell is a former Colorado consumer protection chief and former state higher-education secretary, and serves on a federal advisory committee overseeing college accreditation.

Total raised

$12M

Funding rounds

1

Latest round

Seed

Latest activity

Oct 2015