Tech Company Financing Transactions
AdmitHub Funding Round
AdmitHub, based in Boston, secured $14 million from Rethink Education, ECMC Group and The Kresge Foundation.
Transaction Overview
Company Name
Announced On
2/17/2021
Transaction Type
Venture Equity
Amount
$14,000,000
Round
Series B
Investors
Proceeds Purpose
The financing will support AdmitHub's work to tap emerging technologies that address the most critical challenges faced by students and institutions.
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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