October 24, 2024

Suraasa Secures $6M in Funding to Revolutionize Global Teacher Workforce Development and International Mobility

Suraasa Secures $6M in Funding to Revolutionize Global Teacher Workforce Development and International Mobility
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Suraasa Team

Suraasa Team

Suraasa Team helps teachers achieve greater professional and financial growth through mentorship and upskilling.

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Suraasa, the leading platform for teacher workforce development and global teacher mobility, has announced the closure of a $6M funding round led by Reach Capital, with participation from ETS and other prominent strategic investors. This investment will significantly accelerate Suraasa’s mission to enhance teacher quality, equip educators with global-standard skills, and strengthen the teaching workforce across the world.

Suraasa is committed to addressing the global need for high-quality teachers by preparing educators to meet international standards and ensuring they are equipped to thrive in diverse teaching environments. The company works closely with schools and educational institutions worldwide to understand their specific needs, enabling seamless alignment between skilled teachers and the demands of modern education systems.

Suraasa’s Founder and CEO, Rishabh Khanna, emphasized the importance of this new partnership:
“The global shortage of qualified teachers is a critical challenge, and solving it requires innovation and a deep commitment to the future of education. We’re excited to welcome Reach Capital, ETS, and other strategic partners who share our vision of empowering teachers and transforming education systems globally. These partnerships are a testament to the impact we are creating, and together, we will accelerate the movement toward a world where teachers are equipped to thrive in any classroom, anywhere.”

Suraasa has been at the forefront of revolutionizing teacher education, offering competency-based skilling programs that ensure educators are not only classroom-ready but globally competitive. Its comprehensive programs equip teachers with the skills required to succeed in international classrooms, addressing the increasing demand for qualified educators around the globe.

NB Ventures, a prominent investor, has also supported Suraasa’s growth and development. Known for its focus on impactful investments that contribute to societal and economic development, NB Ventures highlights the importance of improving teacher quality across borders.

Reach Capital, one of the largest venture capital firms in the education space, led the funding round. This marks their first investment in an Indian company, reflecting their recognition of Suraasa’s potential to reshape global teacher mobility. Reach Capital’s investment aligns with their commitment to transforming education, fostering economic mobility, and supporting ventures that drive success through learning.

Jennifer Carolan, Managing Partner at Reach Capital, shared:
“Schools in the U.S. and all over the world are facing acute teacher shortages, which Suraasa is addressing by training a global teacher workforce. Reach was drawn to Suraasa for this reason and was excited to invest when we observed how the team respects, celebrates and dignifies the teaching profession. Through training, placement and continuing education, Suraasa is a teacher-first organization that values the complex and important work of educating future generations.”

ETS, globally renowned for its assessments like TOEFL, GRE, and the Praxis exams, is another key partner in this funding round. ETS runs the Praxis assessments, which are required for teachers in many regions to begin or continue teaching in classrooms. Their involvement with Suraasa is part of their ongoing mission to support education equity and teacher mobility on a global scale.

Emal Dusst, Managing Director of ETS Capital, commented:
"At ETS, we believe that educators are the cornerstone of any education system; they are the ultimate force multiplier that will shape the future of learning. Growing teacher shortages worldwide necessitate finding new pathways into the profession, and with our investment in Suraasa, we’re excited to help schools tap into a rich and highly skilled global teacher community. Together, we are creating a world where teachers are equipped to thrive across diverse educational systems."

This $6M investment will enable Suraasa to expand into new global markets, build strong teams, and develop advanced systems to support the company’s impact at scale. By continuing to focus on raising teacher quality and meeting global educational needs, Suraasa aims to play a key role in addressing the worldwide teacher shortage and ensuring students everywhere have access to the quality educators they deserve.

Written By
Suraasa Team

Suraasa Team

Suraasa Team helps teachers achieve greater professional and financial growth through mentorship and upskilling.

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