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DC's Everfi, education startup, written up in Fast Company

How did an education startup grow to serve 7 million students, be profitable from day one, and all, as Fast Company Labs puts it, "without invoicing a single principal?" Everfi's unique business model and scaling strategy has earned it a writeup in Fast Company Labs.

The company, based in D.C., gets sponsors like credit unions and family foundations to pay for high-tech lessons on things like credit scores and civics. Students earn badges and certifications, and the schools don't pay a thing. While the lesson packages are relatively small (just 6-8 hours of instruction in most cases), they seem to work: "EverFi research on 60,000 high school students found that those who completed the financial capability course increased their knowledge of topics such as investing and mortgages by 42%," the article says.

Read more here.
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