ClearScholar Lands $1,250,000 New Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=891d3321-7ace-4288-ac65-28256a2dd8c1
Date
1/6/2017
Company Name
ClearScholar
Mailing Address
55 Monument Circle Indianapolis, IN 46204 USA
Company Description
With a combined 40+ years of experience in higher education and ed tech, the ClearScholar team is focused on enhancing student experience through mobile engagement. ClearScholar is also backed by High Alpha — the nation’s leading venture studio.
Website
http://www.clearscholar.com
Transaction Type
Venture Equity
Transaction Amount
$1,250,000
Transaction Round
Undisclosed
Proceeds Purposes
The funds will be used to accelerate hiring in sales, marketing and product development. ClearScholar recently launched its Early Adopter Program and is on track to add nine additional institutions in 2017.
M&A Terms
Venture Investor
Venture Investor
Venture Investor