Lumen Learning Raises $2.5M
Lumen Learning has raised $2.5 million in a seed round led by the Oregon Angel Fund, with the Portland Seed Fund, Seattle's Alliance of Angels, and local investors Ray Henderson, David Mills and Tom Rubin also participating.
Lumen Learning was founded in 2012 by Kim Thanos, an edtech strategist, and David Wiley, an adjunct faculty at Brigham Young University. Thanos says a new textbook and online homework platform for a beginning college-level Algebra course typically costs $150. Lumen Learning currently offers them for $10.