Kindergarten Students Learning to Tell Time

Edovate Capital is a seed and early stage venture capital company whose leadership invests in companies that lead innovation in the education market. We know firsthand the pains and gains of growing early-stage companies into successful firms and we have passion and experience in the education market. We look for outstanding people to partner with for the long term who have products or services that will transform education.


    • Surround ourselves with bootstrappers and other like-minded people.
    • Approach our work as if we are part of an extended family and larger community.
    • Give before we get. When something of value is offered upfront, it often returns many times over.
    • Debate ideas energetically with facts, but unite behind one solution.
    • Be passionate about our work and lifelong learning.
    • Act with integrity, deal fairly, and hold ourselves accountable for the highest standards of reliability, honesty, and ethical conduct.
    • Inspire firm and colleagues to higher levels of achievement through dedication and personal commitment.



Graham Forman

Graham Forman

Edovate Capital founder and managing director Graham Forman has been an early-stage investor and entrepreneur since 2001. For the last decade and a half he led sales, marketing, and business development for three early-stage, high-growth SaaS businesses selling to the education market.

Most recently he served as Vice President of Business Development for Netchemia, LLC, a venture-backed cloud-based software company serving the K-12 marketplace where he led new business development and strategic partnerships. During his eight-year tenure the company grew to more than 2,000 school district customers throughout the United States. Netchemia was acquired by Vista Equity Partners and merged with PeopleAdmin in February 2015. He also served in leadership roles with high-growth tech startups Yearmovie and eCivis, LLC.

Earlier in his career he was a legislative aide for former U.S. Senator Paul Simon and California State Assemblyman, Senator, and Community College Chancellor Jack Scott, who instilled in him a passion for education issues. Serving these education leaders he developed his understanding of legislative and regulatory issues in education.

Graham is a member of the Board of Trustees of the Colorado Education Initiative, which is a non-profit dedicated to advancing educational innovation across the state of Colorado. He is an avid angel investor and value investor, having managed his portfolio to critical mass and above market returns over the last 10 years. He has an MBA from the UCLA Anderson School of Management and a BA from the University of Chicago.

Graham lives in Denver with his wife and two young children. He enjoys running, tennis, reading, travel, and is an avid college basketball fan.