# ClearScholar

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/clearscholar

- Industry: Software
- Headquarters: Indianapolis, US
- Website: www.clearscholar.com
- Total disclosed funding: $1.3M
- Latest round: Seed (Jan 5, 2017)
- Investors on record: 4

## About

ClearScholar Inc. provides technology solutions aimed at improving student engagement and success for higher education institutions. Their platform enhances communication and analytics, helping schools address retention and performance challenges.ClearScholar Inc. is focused on delivering technology solutions tailored for higher education. Founded in 2016 in Indianapolis, US, the company has undergone strategic pivots to enhance its offerings since inception. On June 12, 2018, ClearScholar was acquired by Civitas Learning, Inc., a move that aligned with their growth strategy. The company has completed 3 funding deals, with the latest being a Seed round in which they raised USD 1.25 mn from investors including Bulle Investments and Butler University.ClearScholar specializes in delivering innovative technology solutions that streamline the processes of higher education institutions. Their core offerings include a comprehensive platform designed to enhance student engagement and success through personalized communication and analytics. These solutions help educational institutions tackle challenges related to student retention, academic performance, and administrative efficiency. The primary end-users are students and faculty, while their client base consists of universities and colleges across North America, with plans to expand into regions like Europe and Asia.ClearScholar operates on a subscription-based revenue model, where educational institutions pay for access to their suite of products and services. Contracts are typically annual or multi-year, ensuring clients receive ongoing access to software updates, customer support, and training resources. Pricing is tailored to the size of the institution and the range of services utilized, with flagship offerings likely emphasizing student engagement and retention.Moving forward, ClearScholar aims to develop and launch new products that cater to emerging needs within higher education. Their future strategy includes expanding into European and Asian markets by 2025. The recent funding of USD 1.25 mn will be allocated towards product development and market entry initiatives. The acquisition by Civitas Learning, Inc. is expected to enhance their growth trajectory and support their expansion plans.

## Funding rounds

- Seed, Jan 5, 2017, $1.3M — Elevate Ventures, High Alpha, Butler University, Bulle Investments

## Investors

- Elevate Ventures (https://capitalatlas.ai/funds/elevate-ventures) — Seed
- High Alpha (https://capitalatlas.ai/funds/high-alpha) — Seed
- Butler University — Seed
- Bulle Investments — Seed