DreamBox Learning sells majority stake to Evergreen Coast Capital as annual revenue tops $100M

Seattle-area K–12 edtech company DreamBox Learning sold a majority stake to Evergreen Coast Capital (an Elliott affiliate) as its annual revenue surpasses $100 million; terms were not disclosed. The 400-person company supports 6 million students and 400,000 educators, retains TPG’s The Rise Fund as a significant minority investor, and recently acquired Reading Plus and Squiggle Park.