Friday, 24 March, 2023

LEAD school becomes unicorn with valuation of $1.1B

<p>WestBridge Capital announced that it led LEAD School&#39;s Series E funding with a $95M investment. The new financing round, in which GSV Ventures also participated, brings LEAD School&#39;s total raise to $170M, more than doubling the startup&#39;s valuation to $1.1B in nine months. LEAD School, founded by Sumeet Mehta and Smita Deorah, works with thousands of K-12 schools. The startup has an integrated&nbsp;platform that helps schools secure books and other resources from vendors.</p>