K1 injects $60m into Graduway

The fresh capital will enable the company to pursue expansion in North America and invest in product development, with a particular focus on its career development services.

The transaction comes one month after Graduway acquired US-based competitors CampusTap and VineUp.

Previous funding
Graduway received $12.7m in a Susquehanna Growth Equity-led series-B funding round in December 2017.

Company
Founded in 2013, London-headquartered Graduway develops networking software for educational institutions. The platform enables colleges and universities to offer career guidance and maintain ties with alumni, in addition to attracting donations.

The company's clients include Columbia University, Tulane University, UCLA, University of Oxford, University of Wisconsin and the University of Arizona. It has a headcount of 100 across offices in the US, the UK, Israel and Canada.

People
K1 Investment Management – Mike Velcich (principal).
Graduway – Daniel Cohen (CEO).

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• UK / Ireland
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