EducationSuperHighway

EducationSuperHighway is dedicated to improving broadband access for underserved communities in the U. S. , particularly focusing on low-income households that lack affordable Internet access. Founded in 2012 by Evan Marwell, EducationSuperHighway is headquartered in San Francisco, US.

The company focuses on enhancing broadband access and has successfully completed a Series B funding round of USD 9. 00 mn in December 2013, led by Startup:Education and supported by the Bill & Melinda Gates Foundation. EducationSuperHighway primarily focuses on enhancing broadband access for underserved communities in the United States, particularly targeting the 16. 3 million households that have Internet access but are unable to afford it.

Their core product offerings include the MDU Community Connect program, designed to connect affordable multi-dwelling units (MDUs) and provide free Wi-Fi to low-income apartment buildings. This initiative aims to close the digital divide by offering resources, data, and tools to state broadband offices and property owners for effective Internet service deployment. EducationSuperHighway also emphasizes establishing a new Broadband Affordability Benefit to ensure that households can afford the new networks arising from significant federal investments, specifically the USD 42. 5 bn Broadband Equity, Access, and Deployment (BEAD) program.

Their services target local and state governments, property owners, and end users in affordable housing across U. S. markets, particularly in regions with high rates of unconnected households. EducationSuperHighway's revenue model is largely based on partnerships with state broadband offices and local governments, leveraging federal funding to implement their programs.

The company engages in B2B transactions, primarily collaborating with governmental entities to facilitate broadband service deployment in low-income communities. Through the MDU Community Connect initiative, EducationSuperHighway aids in structuring grant programs and installation resources, which involve federal funding. While specific pricing plans for their services are not disclosed, the organization’s revenue is expected to derive from service agreements and performance-based contracts with state and local governments. The focus on a Broadband Affordability Benefit positions EducationSuperHighway as a key player advocating for financial models that support connectivity in disadvantaged areas.

EducationSuperHighway intends to utilize the USD 9. 00 mn raised in the Series B funding round to further its initiatives. The company plans to expand its MDU Community Connect program to additional markets, specifically targeting urban areas with high concentrations of unconnected households by 2025. The recent funding will support the development of new tools and resources to assist local governments in deploying broadband services effectively.

Additionally, the establishment of the Broadband Affordability Benefit is part of their strategy to ensure that low-income families can access affordable Internet services as new networks emerge from federal investments.