Venture: Generation

Investment: $2.5M grant

Portfolio: Scaling Capital

Investment date: June 2022

Region(s) served: Global

Sector: Economic Empowerment

Core Impact Metric: Increase in income for graduates

Grant for a global upskilling program that has always lacked access to unrestricted growth funds

Generation creates a functional education-to-employment system by preparing and placing people into culturally-relevant and modern careers that would otherwise be inaccessible due to biases about their education, financial background, gender, or prior work experience.

Why Rippleworks Invested:

Unrestricted funding to Generation’s global entity will help them scale to new countries and deepen their impact in existing ones (by scaling new tools like remote launch and fully-virtual cohorts). This type of funding gives Generation the opportunity to reach more government and private employers by producing data-driven insights on employee attributes that lead to long-term employment and financial wellbeing.

On average, Generation ‘learners’ see a 300 percent increase from their pre-Generation income to their post-Generation income combined with an 80 percent job placement rate more than 90 days after the program ends.

Learn about Generation’s other engagement with Rippleworks here.

Sign up for our newsletter

Sign up for our newsletter