Scholarship Platform Kaleidoscope Group Raises $1.3M Seed Round

Financing

Scholarship Platform Kaleidoscope Group Raises $1.3M Seed Round

Feb 12, 2018

STARRY-EYED: Scholarship company Kaleidoscope Group has raised $1.3 million in a seed financing round led by Gopher Angels. Yonoventures, LLC and gener8tor, along with undisclosed individual investors, also participated in the fundraise.

Founded in 2016, Kaleidoscope offers a platform where private scholarship providers can connect with students, who are then able to apply to opportunities hosted on the website via a scholarship “common app,” a media release describes.

The Minneapolis, Minn.-based startup plans to use the funds to expand its sales and marketing teams in the U.S.

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