Diligence memo · auto-generated · as of July 3, 2026
Higher Ground Education Inc.
Higher Ground Education Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Higher Ground Education Inc. operates in Edtech, based in LAKE FOREST.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Higher Ground Education Inc. has raised $86M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $34M on 2020-12-14.
Most recent recorded round closed around 2021-03-04.
Valuation (modeled)modeled
Provath models Higher Ground Education Inc. at approximately $432M (range $69M–$1.5B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.34× the median modeled value of Series B Edtech companies in 2019–2021 (6 peers) — value vs value, same stage and era. Within the normal band (134% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 20 months.
Last raise 5.3 yr ago; this sector typically re-raises about every 15 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.1× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 98% of Edtech peers (262 compared).
Modeled value ranks above 98% of those peers.
Closest niche peers: Scribd Inc, Verto Education, Inc., Maven Learning, Inc., SchoolPass, Inc., Almentor.
Peoplefiled
19 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.