New funding has been raised for an online learning platform helping students avoid the debt of college.

Campus was created by Tade Oyerinde, also its chancellor, to provide quality education to students through accredited, career-focused degree programs led by professors from top higher learning institutions such as Stanford University, University of California – Los Angeles, and Howard University.

According to its website, Campus offers online associates degrees in business administration and business administration with applied artificial intelligence (AI) concentration to participants nationally. For its Sacramento, CA, campus, it has specific offerings for students in-state such as an associate’s degree in paralegal studies as well as one in AWS cloud administration. This campus also provides certification in medical assisting, medical billing and coding, phlebotomy, technical support, barbering and cosmetology, and other programs for California residents.

Furthermore, to reduce the cost of tuition for high school juniors, seniors, and recent graduates, the program allows them to earn free college credit by taking a course over the summer.

“It’s really simple – in America we should have elite education for everyone – everyone should be able to learn from the top professors in the country, develop useful skills and then go on to use those skills to create a great life for themselves,” Oyerinde said in a news release. “And this should all be possible without going into debt – that’s what we’re building here at Campus.”

As AFROTECH™ previously told you, Campus raised $29 million in a Series A round led by OpenAI CEO Sam Altman and Discord Founder Jason Citron in 2023. Fast forward to 2025, and Campus has received $46 million in a Series B round led by General Catalyst, the news release mentions. Altman and Citron are returning as investors with Founders Fund, 8VC, Bloomberg Beta, Rethink Education, Figma founder Dylan Field, Max Altman, Notion founder Akshay Kothari, and others also participating in the round. General Catalyst Chairman and Managing Director Ken Chenault will join Campus’ board of directors.

“Students are questioning the value of a college degree, and with good reason. Academia simply hasn’t kept pace with expectations and aspirations, while the cost has increased to a price point beyond what is attainable or practical,” Chenault mentioned in the news release. “Campus has created a model that is rooted in the rigor and legacy of American higher education with the benefit of technology and innovation that students will require to thrive in an increasingly competitive global economy. ”

This round brings Campus’ total funding to over $100 million. The funding will be used to support future growth by onboarding professors, success coaches, and teachers assistants as well as go toward improving its processes and software to increase efficiency, Oyerinde explained in a video.

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