Square 1 Bank Provides $1.5MM Credit Facility to Education Elements
Square 1 Bank announced that it has provided a $1.5 million credit facility to new client Education Elements, Inc., a nationally recognized personalized learning solutions company that partners with districts and schools to transform teaching and learning through integrating technology and pedagogy in the classroom. Proceeds of the credit facility will provide working capital to support the company’s future growth.
Education Elements, Inc. works closely with school districts across the country to personalize a student’s learning experience and build instructional models that meet the needs of students. Education Elements’ comprehensive approach supports districts throughout the entire process – from developing a strategy for an equitable roll-out to designing instructional models, selecting digital content, building the capacity of teachers and leaders and providing a cloud-based platform with actionable data, diverse resources and tips and tools for teachers. By integrating technology into instruction, Education Elements strives to not only drive to better student outcomes, but also to do so in a way that is sustainable for teachers.
“We are excited to work with a bank that has a deep understanding of technology start-ups and their needs,” says Anthony Kim, CEO of Education Elements, Inc. “We are confident that Square 1 will be a terrific partner as we continue our rapid trajectory.”