Stephen Curry at the 2014 FIBA Basketball World Cup in Madrid, Spain.
Photo credit: Marcos Mesa Sam Wordley / Shutterstock
NBA All-Star Stephen Curry is expanding his legacy beyond the basketball court.
The two-time MVP just announced an investment in Guild Education, a Denver-based startup that manages college tuition benefits at Fortune 1000 companies and allows low-skilled workers to graduate debt-free.
“We pioneered what we call education as a benefit,” said Rachel Carlson, co-founder and CEO of Guild Education. “We’re the tech platform and network of nonprofit and public universities. We built those things together so that every employee at those companies has access to go back to school with the support of their employer.”
The company’s mission aligns with that of Curry’s Eat. Learn. Play Foundation, a nonprofit based in the Bay Area that aims to unlock the potential of disadvantaged children through a core curriculum based on nutrition, education, and physical activity.
“The timing was crazy because of our Eat. Learn. Play Foundation that launched last July,” said Curry. “This is an opportunity to really target that ‘learn’ piece and explore how important it is in terms of college education and college completion. And we’re trying to attack that from elementary school and on.”
According to Guild Education, over 30 million working adults do not have a high school diploma, and 70% of the American population does not have a college degree.
“Our students are the most underrated of the American workforce,” Carlson stated. “There are 64 million Americans who have not gone to college. We both shared the belief that we have to offer pathways for underrated, talented people who haven’t had the opportunities they deserve. We can expand that opportunity through education.”
So far, the venture-funded company has raised $71.5 million from social impact investors who support the cause.