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Cambridge Innovations Invests in Ourly.help
U.S. based service-learning company for kids to accelerate its technology roadmap and market reach
Cambridge Innovations has partnered with Ourly.help to develop its state-of-the-
"Cambridge Innovations brings not only the financial backing needed to help us change the way children perform service learning. The CI team also has invaluable technical understanding and capabilities that will extend our reach and enhance our offerings to users, said John Malone, CEO of Ourly.help. "36 U.S. communities asked to engage in our pilot program; this exceeded expected participation by 620 percent. Clearly, a new model of helping parents help their children learn and earn money is needed. We are pleased that CI recognizes the market need and will help us achieve our vision."
Commenting on the recent investment, Aashish Kalra, Chairman of Cambridge Technology Enterprises said, "We are delighted to partner with Ourly.help. In the U.S. alone, teens spend an average of $5,000 a year of their parents' money. Ourly.help wants to create a better way for children to share in the work required for those earnings, as well as to begin developing the professional capabilities needed for life. We look forward to Ourly.help's accelerated success based on strong technology expertise and deep insight into its target market."
About Cambridge Technology Enterprises:
Cambridge Technology Enterprises (CTE) is an IT services leader focused on the convergence of big data and cloud. Recognized as a thought leader and innovator of enterprise solutions, CTE focuses on cloud application development and management, data warehousing, business intelligence (BI) and analytics on the cloud. Through designing and implementing enterprise IT strategies that leverage the cloud's capabilities, CTE's end-to-end services enable its customers to harness the data available to them. Its expertise across domains makes CTE a preferred choice for IT Strategy and Implementation to its customers. For more information, visit www.ctepl.com or follow @CTEofficial (https://twitter.com/
About Cambridge Innovations:
For seed and growth-stage entrepreneurs seeking rapid growth, Cambridge Innovations provides capital and resources to reduce technology risk. Founded by experienced entrepreneurs, CI partners closely with entrepreneurs, reducing capital risk and accelerating the technology roadmap. With some of the world's most experienced strategy and development teams, entrepreneurs gain more time to shape and sell their vision and get to a better Series A faster. Learn more at www.c7e.io.
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SOURCE Cambridge Innovations