February 5, 2015
SJF Ventures Invests in Civitas Learning
Civitas Learning Closes $16 Million In Funding to Continue Trailblazing Efforts in Data Science and Student Success
Led by Rethink Education, round includes funding from Gera Venture Capital, SJF Ventures, Austin Ventures and Emergence Capital
Austin, Texas – February 3, 2015 – Civitas Learning, the Austin-based predictive analytics Software-as-a-Service (Saas) innovator on a mission to help a million more students graduate every year by 2025, today announced $16 million in funding led by new investor Rethink Education, a venture capital firm that invests in progressive companies that are at the forefront of the education technology industry. New investors include Gera Venture Capital and SJF Ventures. Returning investors include Austin Ventures and Emergence Capital.
The company will use the funding to continue its remarkable growth trajectory, which has already seen the company more than double the size of its team in each of the last two years. The financing will help support the continuing build out of the data science and engineering teams, accelerate innovations in benchmarking and app design, and expand offerings. The Civitas Learning platform provides data-driven, visually compelling and educationally valuable insights to students, faculty, advisors and administrators, ultimately helping college and university students learn well and graduate on time. From developing personalized major and course recommendations for students to helping faculty and advisors identify students in need of outreach and support, Civitas Learning is a pioneer in helping both students and institutions achieve their goals.
Civitas Learning currently manages data across 733 campuses, helping more than 2.3 million students navigate the complex journey through college. The company continues to add success-driven higher education institutions to its growing community.
“We’re thrilled to add these investors to the fold,” said Charles Thornburgh, Civitas Learning’s co-founder and CEO. “With their help, we can bring even more skill, will, and resources to our student success mission. This support puts us in a great position to help our partners make a major difference in the months and years to come.”
For more information about Civitas Learning and how to become part of the transformation, visit: www.civitaslearning.com.
About Civitas Learning, Inc.
By building a community of forward-thinking higher education institutions, Civitas Learning™ brings together the best of new technology, design thinking, and data science in its mission to help a million more college students learn well and finish strong. Using a cloud-based, predictive analytics platform and engaging applications, Civitas Learning helps partner institutions bring deep insights to decision makers, and personalized, real-time recommendations directly to the front lines for students, faculty, and advisors to measurably improve student learning, persistence, and graduation. The reach of Civitas Learning’s partners includes more than 733 campuses reaching more than 2.3 million students. Civitas Learning is based in Austin, Texas. For more information, visit: www.civitaslearning.com or email firstname.lastname@example.org.
About Rethink Education
Rethink Education is an education technology venture capital fund investing in early-stage companies that have demonstrated success in implementing business models that leverage technology to re-imagine how traditional education is delivered. Rethink’s investments include Education Elements, EverFi, Engrade, Pathbrite and StraighterLine.
About SJF Ventures
SJF Ventures is a venture capital fund with offices in New York, San Francisco, and Durham, NC. SJF has a 15-year successful record of assisting visionary and talented management teams in building industry-leading firms. SJF provides strong expertise and networks in the sustainability, education, health/wellness and tech-enhanced services sectors. For more information visit www.sjfventures.com.
About Gera Ventures
Gera is an investment company focused on education in Brazil, investing in high-potential entrepreneurs with the dual objective of creating substantial impact on education while delivering attractive financial results.