Sam Altman is investing in a for-profit community college
Britney Nguyen
March 20, 2025
The investment in Campus was led by venture capital firm General Catalyst
Campus raised $46 million in a deal led by venture capital firm General Catalyst that included investors such as Altman and Founders Fund, Bloomberg reported. The company closed the round in December, Campus confirmed with Quartz. So far, Campus has reportedly raised a total of $101 million.
Campus offers two-year degrees and certifications and says it currently has about 1,200 enrolled students.
“Everyone should be able to learn useful skills from the best professors in the country without going into debt,” Campus founder Tade Oyerinde said in a statement to Quartz. “If we can do that at scale, we can set millions of people up to have awesome careers and great lives in this country.”
Students can transfer and earn a bachelor’s degree at a four-year college after finishing at Campus. The college is accredited by an institution that is recognized by the U.S. Department of Education (the Accrediting Commission for Community and Junior Colleges), according to the company’s website. Tuition for online programs is $7,200 per year, and students are eligible for federal financial aid such as the Pell Grant.
