Swing Education Raises $38M in Series C

Swing Education, a San Francisco, CA-based online marketplace that connects schools and substitute teachers, raised $38M in Series C funding.

The round was led by Apax Partners and Reach Capital.

The company intends to use the funds to grow the pool of qualified substitute teachers and school district partners across the areas in which it currently operates including California, Arizona, Texas, Illinois, New York, New Jersey, and Washington, D.C., as well as to expand to new regions in 2024.

Led by CEO Mike Teng, Swing Education is an online staffing marketplace that connects substitute teachers with schools. This makes it easier for schools and districts to find reliable, qualified substitute teachers when they need them most. With over 300,000 absence days filled to date, Swing is dedicated to improving the experience of finding substitute teachers, becoming a sub, and keeping student learning on track.

Swing serves over 2,800 partner schools across the above areas.

This financing follows a 2018 Series B funding co-led by GV (formerly Google Ventures) and Owl Ventures and a seed round from a consortium that included Social Capital, Kapor Capital, Moment Ventures, Ulu Ventures, Red House Education, and Edovate Capital.