Higher Ed AI Platform Raises $7.5m from Impact Investors, Major Tech Companies
prnewswire | January 28, 2020
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."