images-1Civitas Learning has received $8.75 million in funding with Emergence Capital Partners leading the funding round joined by returning investors Austin Ventures, First Round Capital and Floodgate.
New investors include Felicis Ventures and New Markets Venture Partners.
The funds will allow Civitas Learning to expand its predictive analytics platform and software program and to hire more staff.
The Austin-based company helps students stay in college and graduate on time by helping them develop a course plan and other support systems. Already, six colleges and universities are using the company’s program. Those institutions include Austin Community College, DeVry, Strayer University, University of Central Florida, University of Maryland University College, and Valencia College.
“Students come to higher education with big dreams,” Charles Thornburgh, CEO and founder of Civitas Learning said in a news statement. “Today, far too many leave with debt and no degree. We are catalyzing a community of institutions to learn together with the best of big data – a cutting-edge analytics platform, front-line focused software applications, and insight and inquiry – to give all students the opportunity to learn well and finish strong.”