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The Venture Codex

TDM Partners

Suite 102, 29F, Tower 5, The Gateway, Harbour City, Kowloon, Hong Kong S.A.R., China

Overview

They are a private investment firm based in Hong Kong that invests in people, technologies and companies that address the “Skills Gap.” This is the worldwide situation where companies cannot find the right workers and university graduates cannot find rewarding jobs. The Skills Gap is largely caused by digital disruption across virtually every industry and the failure of higher education to equip students with the skills and experiences that employers value.

Total investments
3
Lead investments
2
Investments · 12mo
0
Active investors
0
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Investment portfolio

  • Pathstream

    Participated · Series A · Aug 2019

    Pathstream offers interactive, employer-aligned online certificate programs that train adults in digital-skills careers and match graduates with hiring employers. Its programs were developed in collaboration with tech partners including Salesforce, Tableau, Facebook, Asana, and Unity. Pathstream serves over 8,000 students, reports an industry-leading job placement rate, and has achieved 5x year-over-year growth. The company has expanded partnerships with higher-education providers such as Harvard Division of Continuing Education and NYU Tandon School of Engineering. Its programs are also available to frontline workers at Fortune 500 companies, including access for nearly 1.5 million Walmart and Sam’s Club team members through Guild Education. Pathstream plans to use new funding to continue scaling its core product that simultaneously serves individuals and employer hiring needs. Pathstream is a San Francisco-based company that creates educational programs for colleges in partnership with Silicon Valley tech firms. Led by CEO Eleanor Cooper, the company partners with employers to create courses offered for credit through a network of more than twenty U.S. colleges and universities. It focuses on software-specific skills such as Tableau, Salesforce and Facebook Ad Manager, delivered via an online platform that enables students to practice job-relevant skills. Last year Pathstream signed a partnership with Facebook to design a certificate program for Facebook’s Digital Marketing software; those courses are now offered at more than twenty colleges nationwide. The company is also working with Unity to create a Certificate in Immersive Design using virtual and augmented reality. Financially, Pathstream raised $12M in a Series A round from investors including TDM Partners, Hereditas Capital Management, Bisk Ventures, New Ground Ventures and Rethink Education.

  • ReUp Education

    Led · Series A · Jun 2019

    ReUp Education partners with universities and community colleges to find, engage, and re-enroll the estimated 36 million Americans who stopped out of college without receiving a degree. The company combines a personalized, tech-driven platform with a diverse team of coaches to help learners return to school; it has engaged more than 150,000 stop-out students and re-enrolled over 16,000. ReUp also aims to serve the roughly 50 percent of adults who need reskilling or additional education to improve economic security or career prospects. With new investment, ReUp plans to expand its products, services, team of coaches, and academic program options to serve adult learners at all stages of past enrollment. The company’s go-forward strategy focuses on removing obstacles to starting or restarting education, delivering personalized experiences aligned to life and work goals, and improving long-term career and educational outcomes. Terah Crews will join as CEO to support this next phase while co-founder Sarah Horn moves into the role of Chief Impact Officer. ReUp Education leverages data, technology, and professional coaching to re-enroll students who have left college and support them through to degree completion. It partners with universities and community colleges to find, engage, and empower stopout and adult learners. The company’s platform includes an Engagement Engine and predictive analytics built on more than 10 million data points, plus NLP and machine-learning tools to monitor coaching quality. ReUp pairs those tools with teams of Success Coaches using a proprietary coaching model; forty percent of coaches are people of color, fifty-five percent are first-generation graduates, and forty-five percent are former stop-outs. Since 2015 the company has helped bring back over 8,000 students, more than 400 re-enrolled students have graduated, and it has recaptured over $18 million in tuition revenue for partners in the past two years. ReUp reports a network of more than thirty partner colleges and says it has helped colleges generate more than $25.8 million in new revenue.

  • Entangled Group

    Led · Series B · Mar 2019

    Entangled Group is a San Francisco-based venture studio that blends investing, company-building and consulting to develop education and workforce-technology businesses. Its model involves working hands-on with colleges, universities and employers to identify demand and create companies aligned with customer needs. The firm has launched initiatives including PathStream in collaboration with Facebook to close skills gaps and backs companies such as ReUp Education; it exited Practice in 2017 when Practice was acquired by Instructure. Its portfolio also includes involvement with Andela, Raise.me, and Guild Education. Leadership frames the approach as an alternative to traditional venture capital—creating businesses in response to customers rather than building solutions and seeking problems. Financially, the company announced a $15 million Series B in March 2019 led by Hereditas Capital Management, TDM Partners, and Rethink Education.

Team

No current team members are available.