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After three years as a director, Brown will become a partner of one of the country’s leading edtech impact investing firms.
NEW YORK – (BUSINESS WIRE) – Rethink Education, an education-focused venture capital firm, has announced the promotion of Ebony Brown as a partner. In his new role, Brown will join the investment committee and help shape the company’s future strategy.
Brown, who joined Rethink Education in February 2019, has been a vital part of the team, pioneering Rethinking equity, a 5mm exclusion to invest in underrepresented people of color, optimize portfolio support during the pandemic by connecting CEOs to large-scale clients, and unlocking new networks to improve the flow of transactions.
“Ebony is a remarkable human being. The rest of the Rethink community and I are continually learning from her and becoming better people as well as better producers of entrepreneurial talent because of her. Ebony notices things about people. She is empathetic but also a lucid judge of character and ability. She also has an exceptionally sensitive and finely tuned moral compass, ”said Matt Greenfield, managing partner of Rethink Education. “I have always worked very hard to maintain the authenticity of Rethink Education’s social impact commitment, but since Ebony joined three years ago, we have focused much better on the most entrepreneurial projects. most radical and most transformative. ”
Outside of his work at Rethink Education, Brown helped form the Mosaic Fellowship Program at Impact Capital Managers as co-lead of their Talent and Diversity working group. Brown is also a board member of the Rethink Education AllHere and Anthill AI portfolio companies.
Prior to joining Rethink Education, Brown was Director of US Ventures at Village Capital, advising entrepreneurs, leading procurement and due diligence, and providing training and support for the company’s portfolio. Brown received his BBA in Finance from Howard University and his MBA in Strategy and Entrepreneurship from the University of Michigan.
“This promotion is truly a reflection of the general orientation of our firm: we will continue to invest in people who push us to be better, more innovative and more thoughtful in our mission. Over the past decade, Rethink Education has grown into one of the most distinguished investment firms in edtech, ”said Rick Segal, Managing Partner of Rethink Education and CEO of Rethink Capital Partners. “Ebony as a partner demonstrates the start of a new era in impact investing, and as always, we want to lead the way. ”
“A common thread in my life and my career is leveraging resources for underserved communities. Investing in high growth companies that open up access to learning opportunities for all ages is a catalyst for economic mobility and helps achieve this mission on a large scale. Technology is the conduit. With adoption rates lagging behind and forced distance learning during the pandemic, the market is finally paying attention to the untapped potential of this sector. It is an exciting time to be an edtech investor. I have focused on this specific industry for almost a decade and am excited to lead agreements that redefine social norms in learning, ”Ebony Brown said of his promotion to Partner.
In addition to Brown, Amanda Beaudoin of Rethink Education has also been promoted to Senior Partner, reflecting the firm’s growth across the team. Beaudoin joined Rethink Education from Goldman Sachs in October 2020. Beaudoin plans to deepen his focus on market research, due diligence and support for portfolio companies.
Brown occupies the position previously held by Michelle Dervan, who remains with the firm as Venture Partner. Rethink Education is actively recruiting to fill Beaudoin’s previous position.
About Rethink Education and Rethink Capital Partners
Rethink Education invests in early stage and growing companies developing technology solutions for 21st century learning. Launched in 2012, Rethink Education supports learning outcomes-driven startups by pursuing scalable, effective and unique business models. Rethink Education an impact investing strategy in the Rethink Capital Partners platform, the impact investing division within Seavest Investment Group that oversees and facilitates the development of four impact investing strategies focused on returns financial and social. For more information, please visit www.rethink.vc/education.
Anna Marx, Rethinking Education, [email protected], 914.597.7696
Source: Rethinking Education