Fiveable is poised for growth after the Milwaukee-based company closed an approximately $673,658 funding round backed by eight investors, according to a U.S. Securities and Exchange Commission filing.
The funding round was led by Cream City Venture Capital, which is Northwestern Mutual’s $5 million venture fund, said Amanda DoAmaral, founder and chief executive officer of Fiveable.
DoAmaral said the funds will be used to expand Fiveable’s team, create more content and update the company’s product – a live-streamed social learning platform that connects students with teachers for out-of-school tutoring.
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