on BridgeCare
BridgeCare Secures $10M from Avenue Growth Partners to Enhance Early Care Education with Digital Solutions
BridgeCare, the leading platform in early care and education technology infrastructure, has announced a significant $10 million investment from Avenue Growth Partners. This partnership aims to further develop BridgeCare's pioneering services across the United States, focusing on delivering state-of-the-art digital solutions to modernize the early childhood education (ECE) system.
Currently operating in 14 states, BridgeCare's mission has been to provide equitable and efficient SaaS solutions to help state and local governments advance the quality and accessibility of ECE. This new capital influx is set to boost the company's innovation and service offerings amidst its growing demand for digital transformation in the early care sector.
Jamee Herbert, co-founder and CEO of BridgeCare, highlights the investment as a pivotal moment following years of organic growth fueled by the urgent need for digital solutions in the ECE space. With over 500 U.S. counties and more than half a million families benefiting from BridgeCare's technology, the company is at the forefront of addressing the technologically underserved area of early education.
Emphasizing the critical infrastructure role of education, as outlined in a recent U.S. Office of Educational Technology report, BridgeCare is capitalizing on the evident need for modernized solutions. The partnership with Avenue Growth Partners symbolizes a significant step towards achieving nationwide improvements in the accessibility and quality of early childhood education and care.
R. E.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all BridgeCare news