Guild Education Raises $40 Million Series C Financing

San Francisco – September 11, 2018 – Cooley advised Guild Education on its recent $40 million Series C financing round led by Felicis Ventures. Partner Rachel Proffitt headed the Cooley team advising the company.

The round also included participation from new investors Rethink Impact & Education, Salesforce Ventures, Silicon Valley Bank and Workday Ventures. Existing investors Bessemer Venture Partners, Redpoint Ventures, Harrison Metal and Cowboy Ventures also joined the round. According to Guild, the financing will support its growing footprint in the Fortune 1000, helping leading companies offer education as a benefit to their workforces.

“Amidst record-low unemployment and impending automation, both employers and employees are fearful of how to prepare themselves for the future of work,” said Rachel Carlson, CEO of Guild, in a news release. “Offering education as a benefit through Guild helps companies attract and retain employees for today's job, while helping them upskill for the jobs of tomorrow.”

Guild is transforming the way companies offer education as a benefit to their workers. Guild's Education Benefits Platform provides technology that makes offering education benefits and tuition reimbursement an easy choice for leading companies, helping HR leaders turn their education cost centers into a positive ROI.

About Cooley LLP

Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law. 

Cooley has 900+ lawyers across 13 offices in the United States, China and Europe.

This content is provided for general informational purposes only, and your access or use of the content does not create an attorney-client relationship between you or your organization and Cooley LLP, Cooley (UK) LLP, or any other affiliated practice or entity (collectively referred to as “Cooley”). By accessing this content, you agree that the information provided does not constitute legal or other professional advice. This content is not a substitute for obtaining legal advice from a qualified attorney licensed in your jurisdiction and you should not act or refrain from acting based on this content. This content may be changed without notice. It is not guaranteed to be complete, correct or up to date, and it may not reflect the most current legal developments. Prior results do not guarantee a similar outcome. Do not send any confidential information to Cooley, as we do not have any duty to keep any information you provide to us confidential. This content may be considered Attorney Advertising and is subject to our legal notices.