Leif Partners with Pathrise and The Tech Academy on Growth Financing Agreements
Leif, the market’s provider of a full-service Income Share Agreement Management Platform, recently announced growth financing agreements with Pathrise, a Y Combinator-backed career accelerator, and The Tech Academy, a leading online coding boot camp for software developers. The capital provided through these financing agreements will allow these partners to increase enrollment and help individuals achieve their professional potential by providing an outcomes-aligned form of education finance.
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“The demand to make education accessible for all is greater now than ever. We are proud to partner with Pathrise and The Tech Academy as they aim to increase enrollment and provide individuals with skills and opportunities to further their careers amidst this uncertain environment. We are excited to expand our platform by partnering with entities that continue to generate positive outcomes for individuals,” commented Leif Founder and CEO Jeffrey Groeber.
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Pathrise, founded in 2017 and based in San Francisco, is a career accelerator that delivers personalized training and mentorship to young professionals. With a placement rate of 98%, Pathrise recently surpassed $50M in total annualized salary for placed Fellows.
“Offering Income Share Agreements to our Fellows and leveraging Leif’s full-service platform has spurred growth at Pathrise. Leif’s combination of best-in-class technology and financing solutions showcase their market leadership,” said Kevin Wu, Pathrise CEO. “We are excited to deepen the partnership as we continue to work together to uplift undervalued young professionals early in their careers.”
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