Tech Company Financing Transactions
AdmitHub Funding Round
AdmitHub, based in Boston, secured $3 million in funding from Reach Capital, Relay Ventures and University Ventures.
Transaction Overview
Company Name
Announced On
1/13/2017
Transaction Type
Venture Equity
Amount
$2,950,000
Round
Seed
Investors
Proceeds Purpose
The new funding will be used by AdmitHub to grow its team of AI engineers and build out its sales team, with the goal of expanding its technology platform and scaling its reach to more colleges in the US and abroad.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
38 Chauncy St. 11th Floor
Boston, MA 02111
USA
Boston, MA 02111
USA
Phone
Undisclosed
Website
Email Address
Overview
AdmitHub, provides students with free expert college admissions advising via a text message-based chatbot, known as Oli. By combining machine learning with human experts, we've essentially created Siri for college admissions.
Management Team
Title
Name
Email & Social
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We do our best to record every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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