Bonsal Capital
1340 Smith Avenue, Suite 200, Baltimore, MD, 21209, United States
Overview
Bonsal Capital is a mission-driven partnership investing primarily in the Capital Region in technology enabled services in education and workforce. The firm was founded in 1999 by New Enterprise Associates (NEA) cofounder Frank A. Bonsal, Jr and is based in Baltimore, Maryland.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 1
Sector focus
- EdTech
- Education
- Enterprise Software
- Information Technology
- Venture Capital
Investment portfolio
- EveryDay Labs
Participated · Series A · Sep 2021
EveryDay Labs is a Redwood City, CA–based company led by CEO Emily Bailard that uses behavioral and data science plus family engagement to reduce chronic absenteeism. Its core product is research-based communication tools that help districts identify and support students. The company says its tools also enable district leaders to address learning recovery, enrollment, and connect vulnerable students and families to resources. EveryDay Labs works with thousands of schools. The company plans to use the new funding to scale its research-based communication tools. The article does not disclose revenue or other financial metrics.
- Nepris
Participated · Series A · Mar 2020
Nepris operates a cloud-based platform that connects industry professionals with K–16 classrooms via live virtual sessions that are recorded and added to a growing video library. Since being founded in 2014 and based in Austin, Nepris has connected over 70,000 educators across more than 600 school districts and reached over 500,000 students, with nearly 10,000 hours of videos aligned to the U.S. Department of Labor O*NET database. Nearly 62% of students reached come from lower socioeconomic groups, and the platform enables employers and intermediaries to offer virtual tours, mock interviews, and career talks across diverse fields. The company says the new funding will allow it to scale up, expand to new regions, and sign more industry partnerships supporting all 16 CTE clusters. Nepris emphasizes making learning more relevant by exposing students to role models and career pathways and by lowering barriers between educators and industry professionals. The recent financing will support expanded regional reach and partnership growth. Nepris provides an online community that connects educators with industry professionals through live interactive sessions to show students how classroom learning applies in the workplace. Sessions include interactive Q&As with working professionals, virtual field trips, project mentorships, Industry Chats and even live Shark Tanks. Over 65,000 students in 2,200 classrooms have participated, with a focus on STEM and the Arts. The company plans to use new funding to redesign its site to simplify connections, expand work with Economic Development Councils and Workforce Boards, and boost the number of Industry Chats. Nepris also intends to reach more rural and lower socio-economic school districts, where it says students have the greatest need. Co-founder and CEO Sabari Raja framed the raise as a way to scale industry-education connections and broaden outreach. Nepris operates a platform that matches classroom teachers with industry experts for live video sessions that are recorded for future viewing. Teachers request sessions by specifying subject, lesson topics, grade level, curriculum alignment and preferred times; the system notifies registered industry experts who fit the criteria. Sessions typically take the form of Q&A, but have also been used for student project feedback and other engagements; students can ask and text questions during sessions. Launched in April 2014, Nepris says it has a community of thousands of teachers from 600 schools in 45 states and industry professionals from over 400 companies. The company charges $99 per teacher per year for unlimited use, though over half of teachers are sponsored by companies such as Samsung and the Container Store. Nepris is exploring white-labeling and licensing its platform to regional “STEM Hubs” as an additional revenue opportunity and aims to make industry engagement part of the everyday classroom experience.
Team
Frank Bonsal III
Managing Partner
LinkedIn