Description
Imagine K12 was a Y Combinator–affiliated accelerator focused exclusively on education technology (EdTech) startups. Founded by experienced education entrepreneurs and investors, Imagine K12 became one of the most influential early platforms for backing startups transforming K-12, higher education, workforce training, and lifelong learning. In 2016, Imagine K12 was formally acquired and fully integrated into Y Combinator, and today operates as part of YC’s EdTech investment track rather than as a standalone program.
Specific Funding Stage
Pre-Seed / Seed (Exclusive Focus)
- Imagine K12 invested at the earliest stages—often idea, prototype, or very early traction.
- Many companies raised their first institutional capital through Imagine K12.
Post-Acquisition (YC EdTech Track)
- After integration, EdTech startups are funded directly through Y Combinator, with no separate Imagine K12 cohort.
Investment Amount and Percentage Equity (Company-Level)
Check Size (Historical – Pre-2016)
- Imagine K12 followed the standard Y Combinator model at the time:
- Approximately $100K–$120K initial investment per company.
Equity Taken
- Standard YC-style terms:
- Roughly 6–7% equity at entry (varied slightly by cohort and year).
- Terms were standardized, not negotiated case-by-case like traditional VC funds.
Current Structure
- Today, EdTech startups accepted into Y Combinator receive YC’s current standard terms, not Imagine K12-specific terms.
Equity Structure
- Investments were structured as standard seed equity or convertible instruments, consistent with YC norms.
- Value delivered was capital + accelerator access, not passive investing.
Application / Submission Method
Historical (Imagine K12 Era)
- Founders applied through Imagine K12’s accelerator application, similar to YC’s process.
- Companies participated in a structured accelerator program culminating in Demo Day.
Current (Post-Integration)
- Founders apply directly to Y Combinator, selecting EdTech as their category.
- There is no separate Imagine K12 application today.