EverFi signs new lease in DC: report - Technical.ly DC

Business

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.

-30-
JOIN THE COMMUNITY, BECOME A MEMBER
Already a member? Sign in here

Advertisement

A comprehensive 2019 guide to DC coworking spaces

DC-based edtech company Interfolio to be acquired, report says

Cybrary will move HQ to College Park, plans hiring push

SPONSORED

DC

Join our Technical.ly Match beta, an opt-in alternative to recruiting

DC, SF, NYC

Nava

Experienced Software Engineer – Backend

Apply Now
Washington, DC

Nava

Infrastructure Engineer (DC, SF, NYC)

Apply Now
Philadelphia

Technically Media

Technical.ly Client Success Manager

Apply Now

Technical.ly wants to help show off your work space

This Rockville-based edtech startup supports K-12 school districts in strategic budgeting

Power Moves: remodelmate makes multiple key hires, Breakout Capital Finance names CFO

SPONSORED

DC

TEDCO’s Builder Fund is closing the investment gap for more entrepreneurs

Sign-up for daily news updates from Technical.ly Dc

Do NOT follow this link or you will be banned from the site!