14 December 2019:
EdTech startup Riipen has raised $3.75 million from impact investors Reach Capital, along with Strada Education Network, SEI Ventures, EduLab Capital Partners, Entangled Group, Atrium, and ASU ScaleU.
Dana Stephenson, founder and CEO of Riipen, said, “Project-based, real-world experience has a profound impact on students. But this kind of experience is out of reach for too many of them. To address this problem, we created Riipen to change the relationship between educational institutions and employers.”
Dana Stephenson, added, “Riipen is a powerful, proven platform that enables companies to rapidly identify and recruit students to work on projects. Working with Riipen, educational institutions can better serve students by getting them the experience that they need—now.”
“We know that students at Arizona State University identify applied learning as a key part of their transformative educational experience. Knowing this, we are actively looking for ways in which we can build more applied learning into our students’ journey,” said Kevin Burns, senior director of Strategic initiatives at Arizona State University’s W. P. Carey School of Business.
Riipen was founded in 2015. It is enabling transformative opportunities for companies to collaborate with post-secondary students on real-time, real-world challenges that are embedded directly into coursework.
(Image – Riipen)