CourseKey Receives Growth Financing From CIBC Innovation Banking

CourseKey, a San Diego, CA-based student success and retention platform for trade and vocational education programs, received Senior Credit Facilities from CIBC Innovation Banking.

The amount of the deal was not disclosed.

The company intends to use the proceeds from the financing to continue to expand its business reach.

CourseKey powers career and technical schools nationwide with software that increases engagement, supports compliance, scales programs, and powers student success. The platform supports both students and vocational educators by collecting timely and accurate data from every learning environment, visualizing it into accessible dashboards, and automatically acting on it to engage at-risk students and celebrate student wins.

Founded in 2015, CourseKey has supported more than 300 schools in beauty and wellness, trades, allied health, and other sectors. To date, more than 200,000 students have used CourseKey to join or rejoin the workforce and embark on successful careers.