Portfolio
Our portfolio companies are founded, tested, and scaled by mission-driven entrepreneurs determined to solve a problem that yields positive outcomes for end users, teams, investors and supporters. In short, the goal is to yield both massive impact and positive financial returns for equity stakeholders.
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American Public Education
Blackboard
Calvert Education
Capella Education
Curiosityville
Defywire
Faculty Guild
Flat World Knowledge
Headsprout
Moodlerooms
NxThera
Quad Learning
Questar Assessment
Smarthinking
SpectrumK12
Starfish Retention Solutions
StraighterLine
Videology
In-Region Exemplars
The following companies received seed stage investment and broad support from Bonsal Capital on their journey to outsized impact and a fruitful exit.
Moodlerooms (2007 investment, Board seat, acquired by Blackboard, 2012)
Starfish Retention Solutions (2009 investment, Board seat, acquired by Hobsons, 2015)
Curiosityville (2012 investment, Advisory Board, acquired by HMH, 2015)
StraighterLine (2009 investment, acquired by BV Investment Partners, 2020)
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Blackboard
Calvert Learning
Capella University
Curiosityville
Defy Wire
Flat World
Headsprout
Moodlerooms
NxThera
Quad Learning
Questar
Smarthinking
Spectrum K12
Starfish
