Westcove Invests in Subject
LOS ANGELES, CA – March 28, 2022 – Westcove Partners, LLC (“Westcove”), an emerging and highly specialized investment bank, today announced that it has made an equity investment into Subject (formerly Emile Learning) as part of the company’s $29.4 million Series A, alongside notable investors such as Kleiner Perkins, Owl Ventures, and SoftBank. Founded by UCLA Anderson alumnus Michael Vilardo, and Harvard alumnus Felix Ruano, Subject is an on-demand learning platform offering supplemental or for-credit advanced placement (AP), core and elective classes to high school students. Subject has partnered with an unparalleled lineup of instructors to develop online educational content that will bridge the gap between what many traditional high schools offer and expectations of college admissions departments; allowing students and families to pursue their college ambitions. Westcove’s investment into Subject aligns with Westcove’s impact investing mandate whereby a portion of the fees earned by the firm are used to make investments into companies founded by individuals from underrepresented communities.
Scott Schulkin, Associate at Westcove, commented, “congratulations to the entire Subject team. Westcove is honored to be a part of Subject’s journey and we are ecstatic that our investment will allow Subject to reach more students to create a more equitable educational landscape.”
About Westcove Partners
Westcove Partners is a leading healthcare-focused investment
bank that specializes in advising its clients through mergers &
acquisitions, debt, and equity financings, as well as other complex corporate
finance transactions. The team focuses on founder operated businesses and seeks
to curate its advisory services according to the intricacies that come with
these types of businesses.