Edovate Capital

Edovate Capital is a Denver, Colorado-based venture capital firm that invests exclusively in early-stage K-12 education technology companies addressing systemic challenges across the sector. The firm focuses primarily on capital-efficient startups during their pre-seed and seed stages, typically deploying initial investments ranging from $250,000 to $2 million, while maintaining a historical average check size of $1.7 million and a maximum allocation of $8 million. Across its active portfolio of 21 investments, the firm backs digital platforms and software solutions that collectively serve more than 30 million K-12 students, two million educators, and 75,000 schools nationwide. Edovate Capital has directed early-stage funding toward several notable education technology startups, backing recognizable industry names such as BookNook, EveryDay Labs, Swing Education, Curipod, and Pear Deck. The venture capital firm was founded in 2014 by Graham Forman.

Edovate Capital is a venture capital firm that provides capital and operational expertise to early-stage and growth-stage education technology companies. The firm focuses on identifying capital-efficient startups, specifically within K12 edtech, SaaS, and healthcare sectors across the U.S., that are addressing significant challenges in education. It aims to fund their growth and amplify their societal impact.

Graham Forman founded Edovate Capital in 2015, following his extensive experience in the education technology space, notably after the acquisition of Netchemia. His career trajectory in building and scaling edtech ventures underscored the critical need for specialized investment and support in the sector. Forman established the firm based on the conviction that investing in education provides the most valuable means to tackle pressing global challenges.

Edovate Capital’s portfolio companies serve a diverse range of beneficiaries, including students, parents, teachers, and administrators, by improving learning outcomes and streamlining school operations. The firm partners with social entrepreneurs, providing more than just capital, to scale companies that are solving education’s hardest problems. Its long-term vision centers on fostering innovation that ultimately contributes to a more effective and impactful educational landscape.