Information on the Target
Evision Academy is an education solutions company founded in 2021, dedicated to empowering students who are blind or visually impaired by providing them with essential life skills. One of their pioneering products, the Braille Box, offers an innovative and engaging approach to teaching Braille, aiming to enhance the learning experience for these students.
Angela R. Hilson, M.Ed., the founder of Evision, brings over 23 years of educational experience to the company. She is an expert in the field of education for visually impaired students and has a deep understanding of the challenges that educators, families, and school districts face in supporting these learners. Previously, Angela secured funding from the NewSchools Venture Fund to assist in the development of Evision.
Industry Overview
The education landscape for students with disabilities, particularly those who are blind or visually impaired, has historically faced multiple barriers. Many educational institutions lack the resources, curriculum, and training necessary to adequately support these students. This has created a significant gap in quality education for a vulnerable demographic.
In recent years, there has been a growing awareness of the need to improve educational access and resources for visually impaired students. This movement has been bolstered by advances in technology and educational solutions that aim to foster inclusivity. As a result, companies like Evision Academy are becoming increasingly important in addressing these challenges and providing effective educational tools.
In the United States, the focus on enhancing educational equity has prompted investments in innovative solutions designed to bridge the resource gap. The growth of accessibility-focused educational technology signifies a shift towards more inclusive practices that enhance the learning experience for students with disabilities.
The opportunity for growth in this sector is promising, as there is an increasing demand for quality educational resources tailored to specific needs. Companies that prioritize accessibility and inclusivity, such as Evision, are well-positioned to make a significant impact in the education market.
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The Rationale Behind the Deal
The investment in Evision Academy by Long Term Impact stems from a shared belief in the necessity of providing quality education to all children, regardless of their disabilities. The need for effective curricula for visually impaired students remains unmet, leaving many educators without the tools required to teach this demographic effectively.
Evision addresses these challenges head-on by offering a user-friendly and accessible product in the Braille Box, designed not only for students but also for their families and teachers. By supporting Evision, Long Term Impact aims to contribute to a more equitable education landscape and ensure that visually impaired students receive the resources necessary for their success.
Information About the Investor
Long Term Impact is an investment firm that specializes in supporting pre-seed founders dedicated to creating impactful educational products. The firm focuses on building sustainable businesses that contribute to a more equitable public school system. By investing in innovative companies like Evision Academy, Long Term Impact aims to foster education solutions that prioritize inclusivity and accessibility.
Founders Daniel Jhin Yoo and Justin Su, alongside Jason Young, are passionate advocates for equitable education. They believe in the importance of high-quality educational resources, particularly for underserved communities. Their commitment to supporting visionary leaders like Angela Hilson reflects their dedication to driving meaningful change in the education sector.
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The investment in Evision Academy represents a potentially transformative opportunity within the education sector. Given the significant unmet needs of visually impaired students, Evision's innovative products could lead to substantial improvements in educational outcomes. The Braille Box not only facilitates learning for students but also provides essential resources for families and educators, promoting a collaborative approach to education.
Investing in a company that addresses the disparities in educational resources for visually impaired learners could yield positive returns, both socially and financially. As awareness about the importance of inclusive education grows, companies like Evision are positioned for success within a market that seeks innovative solutions.
Furthermore, Long Term Impact's commitment to supporting founders like Angela Hilson aligns with broader social goals of fostering a more equitable public education system. This investment not only invests in a promising business but also plays a crucial role in advancing educational justice and accessibility.
In summary, the partnership between Long Term Impact and Evision Academy is a robust alignment of mission and opportunity, making it a strong investment move poised for a significant impact in the education landscape for visually impaired students.
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Long Term Impact
invested in
Evision Academy
in
in a Pre-Seed Stage deal