Citybridge Foundation

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Citybridge Foundation - overview

Location

Washington, DC, US

Primary Industry

Education/Training

About

Citybridge Foundation is a private family foundation focused on advancing education in Washington, D. C. , through innovative models. It serves as an incubator to support educators and school leaders tackling educational challenges.


Citybridge Foundation operates primarily as a private family foundation dedicated to educational advancement in Washington, D. C. Founded by Katherine Bradley, the organization has centered its efforts around innovative educational practices. The foundation has engaged in a single deal, with its most recent funding round being a GROWTH round on December 31, 2014, where JMC Capital Partners invested USD 50.


00 mn. The total amount raised by the foundation stands at USD 50. 00 mn. Citybridge Foundation primarily operates as a private family foundation dedicated to the advancement of education through innovative models in Washington, D.


C. Its core offering is CityBridge Education, an incubator focused on identifying and supporting educators, school leaders, and teams that are pioneering new approaches to schooling. This initiative seeks to tackle the pressing challenges faced by the education system in the region by fostering creative solutions and enhancing educational outcomes. Citybridge Foundation engages with a diverse client base that includes public and charter schools, educational nonprofits, and community organizations, all of which benefit from the foundation's commitment to transformational educational practices.


The geographical markets served are specifically centered around Washington, D. C. , where the foundation aims to implement scalable educational improvements. Citybridge Foundation's revenue model is structured around philanthropic grants and partnerships rather than traditional commercial transactions.


The foundation does not engage in direct sales of products or services; instead, it collaborates with educational institutions and initiatives to facilitate funding and resource allocation for innovative educational projects. Transactions typically involve grant agreements with schools and educational organizations that outline the financial support provided for specific initiatives. The structure of these collaborations is often focused on long-term partnerships designed to enhance educational practices and outcomes rather than one-off financial engagements. Each partnership is tailored to meet the unique needs of the educational entities involved, ensuring that the foundation's resources are effectively utilized to drive meaningful change in the education landscape.


Citybridge Foundation plans to leverage its recent funding to enhance its initiatives in Washington, D. C. The foundation aims to introduce new educational programs designed to address specific challenges identified by educators and school leaders. Additionally, there are plans to expand its impact by collaborating with more local educational nonprofits and community organizations by the end of 2024.


The recent funding from the GROWTH round will be instrumental in supporting these new products and strategic partnerships, enabling the foundation to drive meaningful educational change in the region.


Current Investors

JMC Capital Partners

Primary Industry

Education/Training

Sub Industries

Education & Training Services

Website

www.citybridgefoundation.org

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Citybridge Foundation - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletedCitybridge Foundation-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.