Higher Ed AI Platform Raises $7.5m from Impact Investors, Major Tech Companies

prnewswire | January 28, 2020

Higher Ed AI Platform Raises $7.5m from Impact Investors, Major Tech Companies
Boston-based AdmitHub, developer of a pioneering conversational AI platform now used by more than 90 institutions to help students succeed in college and beyond, today announced that it has secured investments from Salesforce Ventures and the Google Assistant Investments program. The new funding, which follows a 2018 Series A round led by education impact investor University Ventures, along with participation from Reach Capital, Relay Ventures, and Rethink, brings the company's funding total to $7.5 million over the past year. "Through our partnership with AdmitHub, we're realizing the promise of artificial intelligence and machine learning for delivering timely, personalized support to our students at scale," said Tim Renick, Senior Vice President of Student Success at Georgia State University. "The impacts have been significant, not merely boosting enrollment and retention but disproportionately benefiting underserved students—the students who previously struggled the most."

Spotlight

This is why our deep-dive white paper walks you through the importance of social-emotional learning (SEL) and educational equity as students re‑integrate into a structured learning environment. Don’t hesitate, download this useful, hands‑on white paper today!

Related News

EDUCATION TECHNOLOGY

CYPHER LEARNING Releases New Features for LMS Products, Designed to Increase Learner Engagement

CYPHER LEARNING | October 08, 2021

CYPHER LEARNING, a leading provider of learning platforms for schools, universities and organizations around the world, today announced the release of several new features for its suite of learning management systems (LMSs). These additions are designed to make e-learning content even easier to track and consume increasing learner engagement and retention, and optimizing the learning experience. Relied on by millions of users across more than 20,000 organizations, CYPHER LEARNING is the only company offering platforms in all major e-learning sectors: with NEO LMS for schools and universities, MATRIX LMS for businesses and INDIE LMS for entrepreneurs. The award-winning platforms — recognized for their intuitive interface and user-friendly experience — support more than 40 languages. Newly released features include: New graphical dashboards for administrators, teachers and students. The dashboards prominently display the most important information for each user type. For example, teachers can instantly see a news widget so they won't miss important class announcements. The dashboards can be customized with welcome banners to give students important information about the course, such as special announcements and instructions. Graphical widgets also make it easy to visualize site and course activity. Users can easily see relevant statistics related to students, grades, course mastery and more — helping them identify, at a glance, who's on track and who may need assistance. Dark mode, which allows all users to switch between "light" and "dark" as the main design style. This addition helps users reduce eye strain, enabling them to use a low-light setting and limit the amount of blue light emitted from their devices whenever they engage with the platforms. Site-wide surveys, enabling administrators to create surveys for a targeted user audience and deploy them to those groups. With this capability, organizations and academic institutions can send surveys that work outside of the scope of a course and gather useful information and feedback from learners and instructors. In addition, other recently released features for CYPHER LEARNING products include a new learner course dashboard, hotspot question type for assessments and integration with the popular payment service YooMoney. In order for e-learning content to be effective, it needs to be easy to consume,At CYPHER LEARNING, we're committed to ongoing product innovation — blending cutting-edge capabilities with ease of use, and making our platforms destinations that users want to engage with. As we help companies and educational institutions worldwide improve participation in their online courses, we know that a more appealing interface drives greater engagement. Graham Glass, CEO of CYPHER LEARNING About CYPHER LEARNING CYPHER LEARNING provides award-winning learning platforms to organizations around the world. Blending ease of use, an engaging user experience and cutting-edge technology, CYPHER LEARNING supplies comprehensive solutions for all major e-learning sectors: with NEO LMS for schools and universities, MATRIX LMS for businesses and INDIE LMS for entrepreneurs. Relied on by millions of users at more than 20,000 organizations, CYPHER LEARNING supports 40+ languages and has offices worldwide, with global headquarters in San Francisco.

Read More

ONLINE EDUCATION

Tequity's SaaS Client Greenius Online Training Acquired by LMN

Tequity | September 02, 2021

Tequity, an M&A advisory firm specializing in global Enterprise B2B Cloud, SaaS, and IT companies, acted as the exclusive financial advisor to online training software Greenius, a leader in online training solutions for the green industry, in their acquisition by LMN, a Serent Capital portfolio company and North America's leading B2B landscape business management software company. On working with Tequity, Jay Murray, Greenius Co-Founder and CEO said "I am really glad we engaged Tequity to help us sell our business - they have a deep knowledge of the SaaS market that was invaluable throughout the project from start to finish. I didn't realize the extent of the due diligence process before we began but Tequity worked with us and the buyer to keep things simple and avoid complications where possible. With Tequity's guidance I truly believe we were able to achieve a better outcome for the shareholders than if we had tried to go it alone, with a very strategic buyer who appreciates our technology, our customers, and our people." London, Ontario-based Greenius is an industry leader with a proven track record of delivering exceptional online courses for landscape owners. Its team joins LMN immediately, filling an increasing customer need. A recent survey of LMN customers found that 70 percent identified training as a top priority for their employees in the coming years. Together, Greenius and LMN will create the green industry's first fully integrated system offering end-to-end training together with comprehensive business management software, providing landscaping business owners everything they need in one system. Greenius will also continue to be provided as a stand-alone offering to customers. "The addition of Greenius to the LMN family is huge for our customers, and the industry," said Mark Bradley, CEO, LMN. "We know just how important training is to landscaping leaders and their teams, and with Greenius, we can provide the best available training to help customers meet and exceed their needs." Greenius bolsters LMN's training capabilities. The company offers hundreds of courses in both English and Spanish each year on a variety of topics to the green industry, including but not limited to maintenance, construction, snow, safety, equipment, supervisor training and more. Many companies continue to be challenged by skilled labor shortages. With the addition of Greenius, landscape owners using the LMN platform will now have more opportunities to develop team members within their organizations to foster growth and retain employees. "We could not be more excited to join LMN," said Arden Urbano, Co-Founder and President, Greenius, who will continue to lead the Greenius team. "We share the same values and passion for customers, and together we will create an experience that will help them take their companies and the industry to the next level." About Tequity Tequity assists Enterprise B2B SaaS, Cloud, and IT companies with business growth and exit strategies. Our mission is simple: Achieve the best outcome for our clients. With decades of combined experience as executives, consultants, and owners of software and technology companies, we leverage our deep industry knowledge across tech ecosystems and our relationships with strategic, growth-focused buyers around the globe to drive successful M&A transactions.

Read More

Gale Digital Scholar Lab Adds Instructional Support and Gains Customer Momentum

Gale | May 20, 2020

Gale, a Cengage company, is providing digital humanities students and researchers with a streamlined learning experience for building text analysis projects. The company has added instructional support to the Gale Digital Scholar Lab with the launch of its new integrated Learning Center. Now users have a learning framework that provides step-by-step instruction that helps them navigate and learn throughout the Lab’s workflow. This creates an entirely new structure for teaching best practices, research principles and the iterative nature of digital scholarship, in a manner that’s teachable and repeatable, putting research and learning first.

Read More

Spotlight

This is why our deep-dive white paper walks you through the importance of social-emotional learning (SEL) and educational equity as students re‑integrate into a structured learning environment. Don’t hesitate, download this useful, hands‑on white paper today!