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Teddy Rice

Co-Founder & President

Teddy Rice is the President and Co-Founder of Ellevation, a mission-driven software company focused exclusively on English Language Learners and the educators that serve them. In his role at Ellevation, Teddy leads the marketing, revenue and finance functions of the Company, and works alongside the CEO to guide strategy and overall direction.

Prior to Ellevation, Teddy spent 6 years as a Director at Ironwood Equity Fund, a venture capital firm focused on education, healthcare, and the environment. While there, Teddy led Ironwood’s investments in the education field, where he had the privilege of investing in companies like Cornerstone on Demand, Acelero Learning, and American Reading Company. His background in education was established first as an Associate at The Parthenon Group, a leading strategic advisory firm, and then at Houghton Mifflin Harcourt, where he helped manage supply chain operations and sales strategy.

Teddy is a proud alum of Dartmouth College and earned his MBA from The Wharton School at the University of Pennsylvania. Most importantly, he is husband to Sarah and a father of three mostly perfect children. In those rare moments when Teddy is not working at Ellevation or playing with the kids, he is running, cooking, fishing, and wishing he was at a Springsteen concert.