Verto Education runs semester study-abroad programs for first-year students, sending participants to Central America, the South Pacific and Southeast Asia and offering on-campus programs in Ireland, England and New Zealand. Founded in 2017 and based in Berkeley, Calif., the company operates like a college with its own admissions staff and guarantees accepted students placement at at least one of its 28 partner schools. Programs cover subjects such as environmental science, public health, business and finance and cost between $10,000 and $20,500 per semester (airfare and some costs excluded); programs require a nonrefundable $500 deposit and students may use financial aid and scholarships. CEO and co-founder Mitch Gordon said the new financing will be used to hire more employees and expand to eight program offerings next fall. The company plans on-campus programming in Italy and Spain in 2020 and hopes to start a program in Africa by 2021.

Total raised

$6M

Funding rounds

1

Latest round

Seed

Latest activity

Nov 2019