https://technical.ly/dc/wp-content/themes/national EverFi signs new lease in DC: report - Technical.ly DC

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May 14, 2018 12:59 pm

EverFi signs new lease in DC: report

According to The Washington Post, the edtech company is planning to move to the West End neighborhood with a long-term lease.

Members of the EverFi team.

(Photo via Twitter)

Edtech company EverFi will have a new HQ in D.C.

According to the Washington Post, the company is planning a move to a 58,000 sq. ft. space in the West End neighborhood. Currently based in Georgetown, EverFi’s leaders opted to sign a 13-year lease and stay in the District after considering Maryland and Virginia.

“There’s been everything from great support to great karma in D.C., and we really felt like we wanted to stay here,” EverFi CEO Tom Davidson told the Post.

EverFi provides digital education content, partnering with colleges, companies and other organizations in areas like health and wellness to STEM and career readiness.

The 10-year-old company got everyone’s attention last year by raising a $190 million funding round from The Rise Fund that was among the largest in a year of megarounds.

This year, the company hired Lisa Mayr, formerly of Blackboard and Living Social, as Chief Financial Officer. Former Blackboard exec Craig Chanoff also joined to lead its higher education division, the Washington Business Journal reported.

According to the Post, the company has doubled its number of employees over the last 18 months, and now has 480 workers.

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