- Alchemy Code Lab, a Portland, Ore.-based provider of a student-friendly income share agreement (ISA), raised $5.8m in funding
- Backers also included impact investing nonprofit Social Finance through the Career Impact Bond
- Alchemy Code Lab is a full-time, 25-week program designed to place students directly into mid-level software developer jobs
- Its average starting salary for graduates is $80,000 per year
- Tuition at Alchemy is currently $24,000 for the complete program
- Alchemy also offers tuition assistance in the form of diversity scholarships and veteran benefits
