WASHINGTON, DC – DC-based EverFi, which develops media education platforms, has chalked up an $11 million funding led by New Enterprise Associates. TomorrowVentures and Michael Chasen, CEO of Blackboard and other individual investors paritcipated.

Founded in 2008, the company teaches life skills such as financial literacy and student loan management using digital games, messaging, social media, animations, and video.

EverFi’s adaptive technology adjusts to a user’s pace and learning levels.

The company says more than 2,000 public schools in 47 states will use its software.

CEO Tom Davidson said, “This is an entirely unique model, with major corporations and foundations licensing our programs nationwide for schools.”

Customers include Capital One, Genworth Corp., U.S. Bank, PayPal and BB&T.

Southeast Venture Conference, February 29 – March 1, 2012 at the Ritz Carlton in Tysons Corner, VA – Where Smart Money Meets Smart People.
www.seventure.org

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Tags: Blackboard, DC, EverFi, financial literacy, financing, Internet, Michael Chasen, New Enterprise Associates, Tomorrow Ventures