About Kaplan Ventures
Kaplan Ventures is a venture capital firm founded in 2000. It is primarily based out of Miami, United States. As of Oct 2018, Kaplan Ventures has invested in 10 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to EdTech and FinTech. Most recently it participated in the $***** Series C round of ExecOnline Overall, Kaplan Ventures portfolio has seen 1 unicorn and 4 acquisitions including key companies like Treehouse, Axonify and Newsela. A lot of funds co-invest with Kaplan Ventures, with names like NewSchools Venture Fund sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio Unicorns
Portfolio Soonicorns
Kaplan Ventures' List of Top Investments
Kaplan Ventures has a portfolio of 10 companies, one of which is a Unicorn. Their most notable investments are in ProtonMedia and Uvize.Their portfolio spans across United States, Canada and India. They have invested in Enterprise Applications, EdTech, FinTech and 3 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Kaplan Ventures:1. Treehouse
Online tech education platform offering courses and career-focused Techdegrees. It is a B2C tech company providing online learning in subjects like JavaScript, HTML, CSS, and Python. It offers a subscription-based model for individuals, businesses, schools, libraries, and military personnel. The platform provides various learning tracks, college credit courses, and Techdegrees for career advancement. It fosters a community through Discord and forums, offering resources like a career toolbox and job board. It emphasizes core skill development and offers a no-code track, along with courses in AI and design thinking. The platform aims to provide affordable technology education and offers an affiliate program.
Key facts about Treehouse
- Founded Year: 2011
- Location: Orlando (United States)
- Stage: Acquired
- Total Funding till date: $12.4M
- Employee Count: 183 as on Dec 31, 2022
- Investors: Social Capital, Red Ventures and 3 Others
- Latest Funding Round: Series C, Jun 01, 2015, $*****
- Highlight: Acquired
2. ExecOnline
Execonline provides online certified courses for professional development. Courses have been prepared through the partnership with business schools. Companies can choose from the programs and the employees can learn at their own pace online. Members can collaborate globally on assignments for cross-industry courses. It works on the premium model. Clients include Abbott, Kohler, Pepsico, etc.
Key facts about ExecOnline
- Founded Year: 2012
- Location: New York City (United States)
- Stage: Series D
- Total Funding till date: $86.6M
- Employee Count: 132 as on May 31, 2026
- Investors: ABS Capital, NAV.VC and 12 Others
- Latest Funding Round: Series D, Apr 21, 2021, $*****
- Highlight: Editors' Pick
Straighterline is the provider of online courses and college credit-earning program for students. It enables users to choose a course, earn college credit, and transfer & get the degree. It provides various courses that can be accessed by opting through membership. It has partner colleges such as the American College of Education, Ashford University, etc.
Key facts about StraighterLine
- Founded Year: 2008
- Location: Baltimore (United States)
- Stage: Series B
- Total Funding till date: $11.2M
- Employee Count: 99 as on May 31, 2026
- Investors: Seavest Investment Group, BV Investment Partners and 10 Others
- Latest Funding Round: Series B, Apr 2020, $*****
- Highlight: Editors' Pick
4. Axonify
Provider of a platform for frontline employee training and task management. The platform integrates communication, training, and task management to ensure frontline teams are prepared. It offers tools for adaptive training, AI-powered assistance, and content authoring. The platform aims to improve employee onboarding, customer experience, and change readiness.
Key facts about Axonify
- Founded Year: 2011
- Location: Waterloo (Canada)
- Stage: Acquired
- Total Funding till date: $28.1M
- Employee Count: 207 as on Apr 30, 2026
- Investors: Harmony Partners, Harmony Venture Partners and 10 Others
- Latest Funding Round: Series C, Oct 09, 2018, $*****
- Highlight: Acquired

5. ClassWallet
Provider of digital wallet platform for managing and disbursing public funds. The platform offers a streamlined solution for recipients to access and utilize funds, both online and in physical stores. It provides tools for compliance, audit-ready reporting, and secure transactions. The platform supports various sectors, including government agencies, educational institutions, and scholarship programs, facilitating efficient and transparent fund management.
Key facts about ClassWallet
- Founded Year: 2014
- Location: Miami (United States)
- Stage: Series A
- Total Funding till date: $107M
- Employee Count: 97 as on May 31, 2026
- Investors: Brentwood Associates, Education Growth Partners and 22 Others
- Latest Funding Round: Series A, Aug 15, 2023, $*****
- Highlight: Editors' Pick
Kaplan Ventures' Investments by Stage
Kaplan Ventures has made 3 investments in Seed stage with an average round size of $1.16M, 2 investments in Series A stage with an average round size of $5.72M, 2 investments in Series B stage with an average round size of $5.75M and 1 investment in Series D stage with an average round size of $8M.Stage of entry | No. of Investments |
|---|---|
Seed | 3 |
Series A | 2 |
Series B | 2 |
Series D | 1 |
Note: We have considered here, only first round of investments
Kaplan Ventures' Investments by Sector
Kaplan Ventures has a diverse portfolio, with companies operating in the EdTech, Enterprise Applications, Consumer, Enterprise Infrastructure and FinTech. Notably, it has invested in 10 Tech companies, 6 Enterprise (B2B) companies, 5 Software companies and at least 4 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
EdTech | 5 |
Enterprise Applications | 4 |
Consumer | 1 |
Enterprise Infrastructure | 1 |
FinTech | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Kaplan Ventures' Investments by Geography
Kaplan Ventures has made most investments in United States (7), followed by India where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 7 |
India | 1 |
Note: We have considered here, only first round of investments
Kaplan Ventures' recent investments
Kaplan Ventures has not made any investment in 2026 so far.Here are the most recent investments by Kaplan Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 02, 2018 | United States | Series C | 2089 | [+3] | |
Jul 27, 2017 | United States | Series B | 9407 | [+3] | |
Jul 13, 2015 | United States | Seed | 9746 | ||
Sep 16, 2014 | United States | Series A | 1406 | [+2] | |
May 07, 2014 | United States | Seed | 5009 | [+1] |
Unicorns in Kaplan Ventures' Portfolio
Kaplan Ventures has 1 unicorn in its portfolio - Newsela. The most recent unicorn in their portfolio is Newsela which became a unicorn in 2021, 7 years after Kaplan Ventures first invested in it.Here is a list of unicorns in Kaplan Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
53 | Online platform providing learning content for educators | 2013 | New York City | Series D | tqghpit |
Acquired companies in Kaplan Ventures' Portfolio
4 companies from Kaplan Ventures' portfolio have been acquired. The most recent acquisition was Treehouse in Dec 2021 by Xenon Ventures for $*****.Here are Kaplan Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 31, 2021 | Jun 27, 2013 | Series B | 9762 | |
Apr 20, 2021 | - | - | 5403 | |
Aug 19, 2016 | May 07, 2014 | Seed | 9724 | |
Mar 15, 2011 | Mar 09, 2007 | Series D | 1686 |
Co-investors of Kaplan Ventures
Over the past 19 years, 69 investors have co-invested in Kaplan Ventures's portfolio companies. This includes funds and angels.
- Invested before Kaplan Ventures: Techstars, Greylock Partners and 10 others have invested in rounds before Kaplan Ventures. There are 2 companies where Techstars has invested before Kaplan Ventures and 1 company where Greylock Partners has invested before Kaplan Ventures.
- Top Co-investors of Kaplan Ventures: 21 investors entered a company along with Kaplan Ventures. These include investors like NewSchools Venture Fund (2 companies).
- Invested after Kaplan Ventures: A total of 36 investors have invested in Kaplan Ventures's portfolio after their investments. Top Investors include Red Ventures (1 company), Kaplan (1 company) and ABS Capital (1 company).
Recent News related to Kaplan Ventures
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New Spring Capital Joins $18M Series C in ExecOnlineCitybizlist•Oct 02, 2018•ExecOnline, ABS Capital, NewSpring, Osage Partners and 2 others
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ExecOnline raises $16M in Series BFundingsmes•Aug 03, 2017•ExecOnline, NewSpring, NAV.VC, Kaplan Ventures and 2 others
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Newsela Raises $1.2M in Seed Funding |FinSMEsFinSMEs•Oct 11, 2013•Newsela, NewSchools Venture Fund, Kapor Capital, Kaplan Ventures and 1 other
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ExecOnline Raises $5 Million in Series A FundingExecOnline•ExecOnline, Kaplan Ventures, NAV.VC, Osage Partners and 1 other
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