Richmond career and college readiness platform MajorClarity has been purchased by fast-growing Montreal tutoring unicorn Paper.
Terms of the deal were not disclosed.
MajorClarity will be incorporated into Paper’s platform to offer resources like career exploration tools, workforce micro-credentialing, college essay and cover letter review tools, a resume builder, scholarship research and college application management.
“Paper and MajorClarity are both companies focused on academic success for all students. Bringing career readiness and academic support together in one place means students have the tools to discover the “why” behind their education—then get the learning support they need to accomplish their goals,” MajorClarity CEO Joe Belsterling said in a statement.
Paper, led by co-founder and CEO Philip Cutler, has raised more than $390 million from the likes of Google and Softbank since its founding in 2014. Its business took off during the pandemic as its virtual tutoring…
Read the full story from the Washington Business Journal.