Apollo Education Group, Inc. APOL today announced the formation of
Apollo Education Ventures, LLC, a new platform created to support
entrepreneurial ventures and emerging companies that are developing the latest
innovations in higher education, professional development and human capital
management.
“Apollo Education Ventures provides a tremendous opportunity for Apollo
Education Group to partner with young companies that embody the spirit of
innovation,” said Greg Cappelli, chief executive officer, Apollo Education
Group, Inc. “We are excited to build long-term relationships with
best-in-class management teams and their investment partners to provide value
far beyond the financial capital we bring to start-ups and entrepreneurs.”
The platform will support entrepreneurial ventures with capital, experience,
strategy, business development and exposure to global relationships to promote
education innovation and accelerate portfolio company growth and success.
Apollo Education Ventures will make minority investments based on a broad set
of criteria that will focus on early, mid- and late-stage venture
opportunities across higher education, professional development and related
human capital sectors.
Apollo Education Ventures has partnered with Touchdown Ventures Inc., a
venture capital firm that works with leading corporations to establish and
manage their corporate venture capital platforms. Touchdown Ventures will
support Apollo Education Ventures at all stages including deal sourcing, due
diligence and portfolio company management.
For more information about Apollo Education Ventures, please visit
Apollo.edu/ventures.
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