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Campus Funding, Investors & Competitors
Campus has raised $102M across 4 funding rounds, most recently a $46M Series B in March 2025.
Last Campus funding round
$46M
Series B · Mar 2025
Cumulative funding Campus raised
$102M
across 4 funding rounds
Key investors in Campus
J- C-
General Catalyst
Founders Fund
8VC
Precursor Ventures
Bloomberg Beta
City Light Capital
Betaworks
About Campus
Campus is an accredited online two-year college offering associate degrees and certificate programs via live online and in-person formats. The platform delivers community college-level education accessible nationwide, emphasizing student success.
Founded
2016
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Subscription
Sectors
Campus Funding History
Campus has raised a total of $102M across 4 funding rounds.
Campus' first fundraising round was a $4M seed round in October 2019. The most recent completed round was a $46M Series B in March 2025.
Campus funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Mar 2025 | Series B | General Catalyst (lead) | $46M | Campus, founded in 2021 by Tade Oyerinde, is an online accredited two-year community college offering debt-free associate degrees in fields like business, applied AI, business administration, and medical assisting. It provides live online instruction from professors at top universities such as Stanford, UCLA, and Howard, combined with wraparound support including tutoring and success coaching to double graduation rates. Students can enter the workforce or transfer to partner four-year institutions like NYU, Penn State, UC San Diego, Temple University, and Butler University. Annual tuition is approximately $7,000-$7,200, fully covered by Pell Grants, far below national averages of $11,000-$43,000. On March 20, 2025, Campus closed a $46 million Series B funding round led by General Catalyst, bringing total funding to over $100 million. Participants included Sam Altman, Founders Fund, 8VC, Discord founder Jason Citron, Bloomberg Beta, Rethink Education, Figma founder Dylan Field, Max Altman, Notion founder Akshay Kothari, Joe Lonsdale, and Shaquille O’Neal. Prior raises included a $29 million Series A in 2023 led by Sam Altman and Jason Citron, and a $23 million Series A extension in 2024 led by Founders Fund. Ken Chenault, Chairman at General Catalyst and former American Express CEO, endorsed the model for adapting higher education to economic changes using technology. Funds will expand academic offerings, recruit faculty, enhance student support, develop the platform, scale operations, establish physical learning hubs in major U.S. cities, and grow student outreach. Campus positions itself as an affordable, tech-driven alternative to traditional colleges amid rising costs and doubts about degree value, with student debt nearing $1.8 trillion. The model targets Gen Z learners seeking practical skills without debt in a competitive global economy. |
| Apr 2024 | Series A | Founders Fund (lead); 8VC; e squared | $23M | Campus is an online community college startup founded by Tade Oyerinde that provides affordable access to professors from top universities like UCLA, Princeton, NYU, and Vanderbilt, with annual tuition of $7,200 fully covered by Federal Pell Grants for eligible students, enabling about 40% to attend for free. Students receive laptops, Wi-Fi, tutoring, and coaching, with most studying online nationwide while the company offers in-person courses in phlebotomy, medical assisting, and cosmetology at a physical campus in Sacramento purchased with prior funding. Professors are paid $8,000 per course, above the national average for adjuncts, aiming to serve as a trampoline to four-year programs amid low transfer rates from traditional community colleges. On April 23, 2024, Campus announced a $23 million Series A extension round led by Founders Fund—its first edtech investment—with participation from 8VC, bringing total Series A funding to $52 million following a $29 million initial Series A in 2023 backed by Sam Altman, Jason Citron, and others including Bloomberg Beta, Reach Capital, and Precursor Ventures. The new capital fuels growth and leverages the company's scalable tech platform for tech-like margins by minimizing out-of-pocket costs, as noted by Founders Fund partner Trae Stephens. Enrollment has grown rapidly as students seek modern alternatives. A later $46 million Series B in March 2025 led by General Catalyst brought total funding over $100 million, with continued backing from prior investors. |
| May 2023 | Series A | J- C- (lead); Sam Altman (lead) | $29M | Campus.edu is an accredited online community college startup offering associate degrees and certificate programs taught live by professors from top universities like Princeton, NYU, Vanderbilt, and HBCUs such as Spelman. Founded by Tosh Oyerinde, it aims to democratize access to high-quality education, providing students with free laptops, WiFi, unlimited tutoring, and coaches, inspired by CUNY's ASAP model, while enabling adjunct faculty to boost their income by an average of 20%. In May 2023, Campus raised $29 million in a Series A round with lead investors including Discord founder Jason Citron and OpenAI founder Sam Altman, alongside Figma's Dylan Field, former Stripe executive Lachy Groom, Bloomberg Beta, Founders Fund, Reach Capital, Precursor Ventures, Rethink Education, Spacecadet Ventures, and Scribble Ventures. The funding supports opening enrollment, investing in technology, recruiting professors, and student support following the prior acquisition of MTI College in Sacramento. At the time, Campus had about 850 students, over 80% female from underrepresented groups, most working part-time. The round announcement emphasized Campus's mission to reimagine higher education for non-traditional students, eliminate debt, and improve transfer rates from community colleges, where only 16% achieve bachelor's degrees within six years. Subsequent developments included a $23M Series A extension in April 2024 led by Founders Fund with 8VC, and additional backing from Shaquille O'Neal announced in January 2024, to expand offerings including in-person programs in phlebotomy and cosmetology. |
| Oct 2019 | Seed | Bloomberg Beta (lead); Rethink Education (lead); Betaworks; Precursor Ventures; Scribble Ventures; Rob Hayes; Spacecadet Ventures; J- C-; City Light Capital | $4M | - |
Who has invested in Campus?
14 investors have backed Campus across its funding rounds, including J- C-, General Catalyst, Founders Fund, 8VC, Precursor Ventures and Bloomberg Beta.
Lead investors include General Catalyst, Founders Fund, J- C-, Sam Altman, Bloomberg Beta and 1 other investor.
Campus Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Oct 2019 | ||
| 1 | Lead | Mar 2025 | ||
| 1 | Participant | Oct 2019 | ||
| 1 | Participant | Apr 2024 | ||
| 1 | Lead | Oct 2019 | ||
| 1 | Participant | Oct 2019 | ||
| 1 | Participant | Oct 2019 | ||
| 1 | Participant | Apr 2024 | ||
| 1 | Participant | Oct 2019 | ||
| 1 | Lead | Apr 2024 | ||
| 1 | Lead | May 2023 | ||
| 1 | Participant | Oct 2019 | ||
This data is available for Pro users. Sign up to see all 14 Campus investors. Start Free Trial | ||||
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Start Free TrialAcquisitions by Campus
Campus has acquired 1 company to date.
Last acquisition by Campus was on October 10th 2025. Campus acquired Sizzle AI for undisclosed valuation.
Latest Acquisitions by Campus
| Description | Sizzle AI is a mobile app guiding users through step-by-step problem-solving using artificial intelligence. San Francisco-headquartered, it breaks down complex queries into actionable sequences across math, coding, and logic domains. Sizzle AI delivers free access to interactive tutorials and explanations. |
| HQ Country | |
| HQ City | New York City, NY |
| Deal Date | 10 Oct 2025 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Campus acquisitions and their M&A valuation multiples. Start Free Trial | |
Campus Competitors
Campus competitors include listed companies like Duolingo and Graham Holdings, and private ones like Zuoyebang, BetterUp, VIPKID and Guild.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $33M | - | $10B | - | ||
| Publicly listed | $1B | $152M | $6.9B | 4.9x | ||
| Publicly listed | $4.9B | $682M | $4.8B | 1.0x | ||
| Private | $100M | - | $4.7B | 47.0x | ||
| Private | $750M | - | $4.5B | - | ||
| Private | - | - | $4.4B | - |
Campus Public Comps
Campus is still privately-owned, but its public comps include Duolingo, Graham Holdings, Stride, East Buy, COL Global, McGraw Hill, Alef Education, Youdao, Coursera and Afya.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1B | $152M | 5.4x | 4.9x | 37.3x | 17.9x | |||
| $4.9B | $682M | 1.0x | 1.0x | 7.3x | - | |||
| $2.5B | $580M | 1.2x | 1.2x | 5.1x | 4.8x | |||
| $850M | $98M | 3.0x | 2.8x | 26.3x | 22.4x | |||
| $247M | ($78M) | 10.8x | 8.9x | (34.3x) | (2053.7x) | |||
| $2.1B | $613M | 2.4x | 2.3x | 8.1x | 6.5x | |||
| $210M | $150M | 8.2x | 7.8x | 11.5x | 11.1x | |||
| $881M | $29M | 2.1x | 2.0x | 63.1x | 33.8x | |||
This data is available for Pro users. Sign up to see all Campus competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Campus
| When was Campus founded? | Campus was founded in 2016. |
| Where is Campus headquartered? | Campus is headquartered in New York City, NY, United States. |
| Is Campus publicly listed? | No, Campus is a private, VC-backed company. |
| How much funding has Campus raised? | Campus has raised $102M across 4 funding rounds. |
| What was Campus' last funding round? | Campus' last funding round was a $46M Series B in March 2025, led by General Catalyst. |
| Who are Campus' investors? | Campus' investors include J- C-, General Catalyst, Betaworks, 8VC, Bloomberg Beta, Precursor Ventures, Scribble Ventures, e squared, Rob Hayes, Founders Fund and 4 others. |
| Which companies are comparable to Campus? | Companies comparable to Campus include Zuoyebang, Duolingo, Graham Holdings, BetterUp, VIPKID and Guild. |
| How many companies has Campus acquired? | Campus has acquired 1 company, including Sizzle AI. |
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