Cooley LLP advised Guild Education, a B Corporation focused on creating opportunity for America’s workforce through education, on its $157 million Series D financing round.
The latest funding values Guild at $1 billion and establishes it as one of only a few female-led companies to earn a valuation of $1 billion or more this year. Partner Matthew Dubofsky led the Cooley team advising Guild.
As Guild expands its national impact, the company will use the new capital to continue expanding its set of employer and university partnerships, exploring acquisition opportunities and growing its team to better serve those partners and support more students.
General Catalyst Chairman and Managing Director Ken Chenault, also former chairman and CEO of American Express, led the investment and joined Guild’s board of directors.
Guild is on a mission to unlock opportunity for America’s workforce through education, with a double-bottom-line business model that does well by doing good. The company partners with leading Fortune 1000 employers to help them provide education benefits to their frontline workforce.
The Cooley team was led by Matthew Dubofsky (Picture), and included Rachel Proffitt, Sharon Connaughton, Francis Wheeler, Christopher Kimball, Mystery Murphy, Randwulf Singleton, Rachel Burns, Dillon Martinson, Patrick Stewart.
Involved fees earner: Rachel Burns – Cooley LLP; Sharon Connaughton – Cooley LLP; Matthew Dubofsky – Cooley LLP; Christopher Kimball – Cooley LLP; Dillon Martinson – Cooley LLP; Mystery Murphy – Cooley LLP; Rachel Proffitt – Cooley LLP; Randwulf Singleton – Cooley LLP; Patrick Stewart – Cooley LLP; Francis Wheeler – Cooley LLP;
Law Firms: Cooley LLP;
Clients: Guild Education, Inc. ;