Cincinnati startup Abre raises $24M round led by New York, Silicon Valley-based firm

A Cincinnati startup founded by two former teachers has raised millions in new funding from a coastal investor that's making its first foray into the local ecosystem.

Abre, an edtech platform for K-12 schools, closed a $24 million Series A led by PeakSpan Capital, a growth equity firm based in New York City and Silicon Valley. The round also included follow-on participation from Cleveland’s JumpStart Ventures, JobsOhio Growth Capital Fund and Golden Angels Investors, a Wisconsin-based angel group.

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Allie Singer