Based in Washington, DC, SEI Ventures focuses on investing in educational technology sectors. They typically invest in early-stage ventures and seed funding rounds, with a particular interest in startups that improve teaching and learning through AI & ML, remove friction at critical inflection points, encourage persistence, and promote education-employment interoperability. Their portfolio includes companies like Riipen and NextStep, and they provide founders with unique value by allowing them to test products across their degree programs and with their base of 80,000+ learners and students. SEI Ventures has a single venture fund, Fund I, which raised $5M and has made two investments as of March 2020.