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    ECMC

    Minneapolis, Minnesota, United StatesFounded 1994

    ECMC Group is a Minneapolis-based nonprofit corporation focused on helping students succeed. Through its $250M Education Impact Fund, it operates as a corporate-backed evergreen impact investment fund investing in early- and growth-stage companies and fund managers in postsecondary education, workforce development, and economic mobility.

    Their most common stage is series-a (58% of deals). Average disclosed round size is $14.9M (across 19 rounds with reported amounts).

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    Portfolio

    18

    Fund Size

    $250M

    Top Stage

    Series A

    Last 12 Mo

    0

    Team

    JH

    Jessica Haselton

    Managing Director

    JW

    Joe Watt

    Managing Director of Education Impact Fund

    JF

    James Fisher, CFA

    Senior Director, Equities and Alternatives

    EN

    Eric Nelson

    Impact Investing

    GV

    Greg Van Guilder

    Chief Investment

    JW

    Joseph Watt

    Education Impact Investing

    MC

    Mindi Chen

    Edtech + Workforce Investor

    SD

    Steve Deutsch

    Impact Investing

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    19 investments
    CompanyRoundAmountDate
    Kollegio logoKollegioSeed$2.8MApr 2025
    Be My Eyes logoBe My EyesSeries A$6.1MJan 2025
    Stepful logoStepfulSeries B$31.5MNov 2024
    Backpack Healthcare logoBackpack HealthcareSeries A$14MMay 2024
    YYoume HealthcareSeries A$14MMay 2024
    Backpack logoBackpackSeries A$17MMay 2024
    Backflip logoBackflipSeries A$27MJan 2024
    AAprende InstituteSeries A$22MJan 2023
    AAvanti Financial GroupSeries A$37MMar 2021
    EmpowerU logoEmpowerUSeed$1MJan 2021
    AAmerican Prison Data SystemsSeries B$5MJun 2020
    Meritize logoMeritizeSeries A$13.2MOct 2018
    Quad Learning logoQuad LearningSeries B$10MApr 2014
    Backpack Healthcare logoBackpack HealthcareBridge$14M—
    Aprende logoAprendeSeries A$22M—
    BoodleBox logoBoodleBoxUnknown$5M—
    AAvantiSeries A$37M—
    Fishtree logoFishtreeSeries A$3M—
    Motivo logoMotivoSeed$2.2M—

    Top Co-Investors

    Last updated: 7 October 2026