Ellucian | January 12, 2022
Ellucian, a leading higher education technology solutions provider for more than 2,700 institutions around the world, today announced it has signed a definitive agreement to acquire CampusLogic, a leading Ed-Tech provider of Student Financial Success solutions supporting nearly 800 higher education institutions and improving the outcomes of more than five million students. CampusLogic capabilities help students achieve greater levels of success by eliminating the friction associated with applying for financial aid while opening up opportunities to discover broader financial support in the form of grants, scholarships, and other forms of funding.
With this transaction, Ellucian will extend its current financial aid technology solutions, helping higher education institutions to improve enrollment and completion outcomes. The combined offerings will better support the critical needs of students – to discover, apply and secure the financial resources needed beginning with the enrollment process, through to a degree or post-secondary credential.
"Today's higher education students are facing financial challenges at all-time high levels, with more than 86 percent [in the U.S.] currently receiving financial aid. At the same time, institutions are facing an increase in departures of financial aid staff leaving them with more administrative workload and less time to engage and support the needs of students," said Laura Ipsen, CEO, Ellucian. "Ellucian's success in accelerating the digital transformation of higher education, paired with CampusLogic's financial aid SaaS solutions, provides a more connected and interactive experience creating more speed and certainty for students to meet their financial needs. Integrating CampusLogic's capabilities across Ellucian's comprehensive SaaS offerings creates new opportunities for innovation beyond student financial success to address the issue of student well-being."
"We are thrilled to join the Ellucian team in our common mission to improve student experience across the entire higher education journey. Our solutions improve the student financial aid experience, addressing the number one barrier to enrollment and graduation. As part of Ellucian, we have more opportunity than ever to help schools change lives and make student financial success a national priority."
Gregg Scoresby, Founder and CEO of CampusLogic
"We could not be more excited about the opportunity to work with Gregg and the CampusLogic team, whose mission and culture fits well with Ellucian. Under Gregg's strong leadership, CampusLogic has delivered innovative and pioneering digital solutions for higher education that dramatically improve student financial success. We believe there are significant future benefits that will continue to improve institutions' success and change the lives of students," said Ipsen.
Gregg will join Ellucian in a new role to lead the vision and strategy focused on student success and well-being. Ellucian will continue to integrate with all CampusLogic customers and their partners leveraging Ellucian's Open SaaS Platform with data integration and UI frameworks across the entirety of CampusLogic's solution suite including: StudentForms, Scholarship Universe, CampusCommunicator, RaiseMe Enrollment, ClearCost, VirtualAdvisor and SponsoredScholar. Investing in and growing these solutions is a key part of Ellucian's ongoing strategy and product roadmap.
Goldman, Sachs & Co. LLC served as exclusive financial advisor to CampusLogic. Macquarie Capital served as exclusive financial advisor to Ellucian.
Ellucian is charting the digital future of higher education with a portfolio of cloud-ready technology solutions and services. From student recruitment to workforce analytics; from fundraising opportunities to alumni engagement; Ellucian's comprehensive suite of data-rich tools gives colleges and universities the information they need to lead with confidence.
Working with a community of more than 2,700 customers in over 50 countries, Ellucian keeps innovating as higher education keeps evolving. Drawing on its comprehensive higher education business acumen and suite of solutions and services, Ellucian guides its customers through manageable, sustainable digital transformation—so that every type of institution and student can thrive in today's fast-changing landscape.
CampusLogic delivers SaaS technology that helps colleges and universities remove barriers in the financial aid process. The company currently helps nearly 800 schools increase enrollment, retention, and graduation rates with the most comprehensive platform of Student Financial Success products. The CampusLogic platform includes a net price calculator, complete scholarship management, personalized digital communications, simplified financial aid verification, 24x7 personalized virtual advising, tuition and scholarship crowdfunding, and integrated data visualizations. CampusLogic has received multiple awards, which include the Deloitte Technology Fast 500, Inc. 5000, and Education Technology Insights Top 10 Artificial Intelligence Solution Provider.
Elevate Education | April 30, 2016
From the temptation of social media, to the constant contact provided by smart phones, it can be almost impossible to concentrate. So we've compiled a list of some of our favourite apps to make study life that much easier. This thing is amazing. It’s an app that lets you block any site on all browsers for any period you like. You can adjust the settings to match your needs and goals. I keep it simple and just block Facebook for periods of 3 hours when I really need to get through study. This one is really similar to Self-Control, and has lots of added functionality and premium versions for those who will do anything to ‘not study’. Edrolo will actually test you on the subjects you’re learning, help you identify weaknesses, and train you to fix them. It’s like a personal tutor in your pocket.
Polygon | May 21, 2022
Polygon, a company specializing in remote evaluations and support for dyslexia, ADHD, and other learning differences, today announced that it closed a $3.6 million investment led by Spark Capital. The round brings Polygon's total funding to date to $4.2 million (with Pear VC having been the largest investor in the company's previously unannounced $600k pre-seed round). The company recently emerged from stealth and will use the new capital to develop its product further and expand its geographic reach. Polygon also announced Spark Capital General Partner Natalie Sandman joining the Board of Directors.
"I wasn't properly assessed and diagnosed as very dyslexic until later in life, well after my early education years. Polygon is my attempt to create the service that I wish I'd had access to as a child, The capital we've raised has been used to build our proprietary assessment platform. We're thrilled with the progress, but we're just getting started. Further platform development, additional services, and national expansion will help us provide gold-standard learning differences services to the mass market."
-Polygon Founder and CEO Jack Rolo.
According to the Yale Center For Dyslexia & Creativity, Dyslexia affects one in five people, representing 80-90% of all learning disabilities (LDs). Only 67% of students with LDs graduate from high school; research has shown that the situation has worsened during the pandemic, with learning loss being most severe amongst students with LDs. A recent BCG whitepaper estimated dyslexia and its consequences to cost California $12 billion in 2020 and $1 trillion over the next 60 years. While experts agree that early diagnosis and support are the keys to success, services in the industry are prohibitively expensive, have inconsistent standards, and lack remote services.
Polygon provides remote evaluations and support for dyslexia, ADHD, and other learning differences with targeted psychoeducational and comprehensive Neuropsychological assessments. Comprehensive evaluations start at $995, which is 5x less than traditional alternatives. Unlike online marketplaces that rely on hourly contract psychologists, Polygon's expert licensed psychologists are company employees. Clinicians are carefully selected over a 5-stage interview process, complete extensive training, and diligently adhere to Polygon's clinical practices. In addition to equipping them with its proprietary remote assessment platform, every member of the Polygon team receives a professional video-conferencing setup, full benefits, and equity compensation.
"We identified multiple points for improvement throughout the industry, from assessment to billing and compensation. Polygon has set out to update processes and infrastructure with technology to enable a more efficient, accurate, and fair experience for clinicians and clients,"
- Polygon Chief Clinical Officer Sharon Witkin, Ph.D.
"I was diagnosed with dyslexia at ten years old. It was a life-changing diagnosis, We believe Polygon has the potential to serve a huge number of people with learning differences. Their offering is well-timed with the rapid adoption of telehealth spurred by the pandemic."
-Polygon board member and Spark Capital General Partner Natalie Sandman.
Polygon is a new kind of psychology practice specializing in evaluations and support for dyslexia, ADHD, and other learning differences. Polygon utilizes technology to provide a better experience for both clients and its team of in-house licensed psychologists. Polygon's mission is to enable every person with a learning difference to reach their full potential.
Mercedes-Benz USA | April 28, 2022
Mercedes-Benz USA (MBUSA) announced the introduction of Driving Your Future, the company’s new corporate social responsibility (CSR) program designed to empower the next generation. Through partnerships with nonprofit organizations Safe Kids Worldwide®, Junior Achievement USA® and Johnny Mac Soldiers Fund, the initiative will support educational programs focused on technology and sustainability, career readiness, and child and teen injury prevention.
Driving Your Future is anchored in the company’s commitment to positively impact future generations and make a difference in communities where MBUSA employees live and work. As part of the multi-dimensional partnership, MBUSA will support each organization with financial support, employee and community engagement, and volunteer opportunities on a national level.
“Mercedes-Benz is synonymous with achievement and driven by innovation and ingenuity, We are thrilled to launch Driving Your Future to help educate and empower the next generation of leaders and innovators to enable communities grow and thrive. We look forward to working with our incredible partners to bring this vision to life.”
-Dimitris Psillakis, president and CEO of MBUSA.
By harnessing the collective power and expertise of each nonprofit partner, MBUSA will support programs which educate, train and empower children throughout their journey towards a successful future. Driving Your Future will partner with Safe Kids Worldwide to support education around safety and injury prevention; with Junior Achievement USA to support skills training around financial literacy, work readiness and entrepreneurship; and with Johnny Mac Soldiers Fund to provide scholarships to military children of our nation’s fallen or disabled.
"We are thrilled to continue our partnership with Mercedes and deepen our impact, We are in the midst of a period of peak need as children of service members killed or wounded in action over the past 20 years of combat are now college aged. Driving Your Future will enable us to support more military families and give back through education to the children needing our support the most."
-MaryEllen Picciuto, president of Johnny Mac Soldiers Fund.
About Mercedes-Benz USA
Mercedes-Benz USA (MBUSA), headquartered in Atlanta, is responsible for the distribution, marketing and customer service for all Mercedes-Benz products in the United States. MBUSA offers drivers the most diverse lineup in the luxury segment with model lines ranging from the sporty GLB SUV to the flagship S-Class and the all-electric EQS. MBUSA is also responsible for Mercedes-Benz Vans products in the U.S.
About Driving Your Future
Driving Your Future is Mercedes-Benz USA’s initiative to support educational programs that empower the next generation. As part of our commitment to positively impact communities where employees live and work, MBUSA has partnered with Safe Kids Worldwide, Junior Achievement, and the Johnny Mac Soldiers Fund to create and support programs to help the next generation experience success. Since 2015, MBUSA has partnered with several nonprofits to address local community needs and support educational programs to empower the next generation. MBUSA was awarded the A Silver Stevie® Award for its NO LIMITS campaign, the German American Chamber Community Engagement award for Curbside Caring, a Community Impact Award from the Georgia Department of Economic Development and named Atlanta Public Schools 2021 Partner of the Year.
About Safe Kids Worldwide®
Safe Kids Worldwide is a nonprofit dedicated to protecting kids from preventable injuries, the number one cause of death to children in the United States. Around the world, a child dies every minute from an injury that could have been prevented. Safe Kids Worldwide is a recognized resource for families, offering expert information, education, and resources to prevent injuries caused by motor vehicle crashes, fires, falls, poisoning, and other risks. Through more than 400 coalitions in the U.S. and partners in more than 30 countries, Safe Kids works with children’s hospitals, trauma centers, first responders, and public health experts to get life-saving information to families. Since 1988, Safe Kids has helped reduce the U.S. childhood death rate from unintentional injury by 61 percent. For more information, visit www.safekids.org.
About Junior Achievement USA®
Junior Achievement is the world's largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their future, and make smart academic and economic choices. JA programs are delivered by corporate and community volunteers, and provide relevant, hands-on experiences that give students from kindergarten through high school knowledge and skills in financial literacy, work readiness, and entrepreneurship. Today, JA reaches more than 2.5 million students per year in 104 markets across the United States, with an additional 5.2 million students served by operations in 100 other countries worldwide. Junior Achievement USA is a member of JA Worldwide.
About Johnny Mac Soldiers Fund
Established in 2014, Johnny Mac Soldiers Fund is a 501(c)(3) nonprofit organization dedicated to honoring military service and sacrifice by providing college scholarships to veterans and military family members, especially to children of our nation’s fallen or disabled. The fund was inspired by Colonel John “Johnny Mac” McHugh, KIA in Kabul, Afghanistan on May 18, 2010. To date, Johnny Mac Soldiers Fund has awarded $25 million in college scholarships and education programs, funding some 3,500 military students.