Broomfield – December 2, 2019 – Cooley advised Guild Education, a B Corporation focused on creating opportunity for America's workforce through education, on its $157 million Series D financing round. The latest funding values Guild at $1 billion and establishes it as one of only a few female-led companies to earn a valuation of $1 billion or more this year. Partner Matthew Dubofsky led the Cooley team advising Guild.
As Guild expands its national impact, the company will use the new capital to continue expanding its set of employer and university partnerships, exploring acquisition opportunities and growing its team to better serve those partners and support more students.
General Catalyst Chairman and Managing Director Ken Chenault, also former chairman and CEO of American Express, led the investment and joined Guild’s board of directors.
"This new financing and Ken's partnership will further advance our mission to support the 88 million Americans who are in need of reskilling and upskilling in order to compete in the future of work, helping them go back to school debt-free with support from their employer,” said Rachel Carlson, Guild CEO and co-founder, in a statement.
Guild is on a mission to unlock opportunity for America's workforce through education, with a double-bottom-line business model that does well by doing good. The company partners with leading Fortune 1000 employers to help them provide education benefits to their frontline workforce.
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