# College Consortium

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/college-consortium

- Industry: Education/Training
- Headquarters: Austin, US
- Website: www.acadeum.com
- Total disclosed funding: $19M
- Latest round: Series B (May 9, 2023)
- Investors on record: 7

## About

Based in Texas, US, and founded in 2016 by Chairman Joshua Pierce, CSO Luis Felipe Rincon, and CAO Robert Manzer, College Consortium, Inc. dba Acadeum provides a course-sharing platform to promote curricular innovation, reduces administrative burden, and creates new sources of revenue for schools, colleges, and students. In January 2021, College Consortium, Inc. raised USD 5 million in venture funding from LearnStart, Lumina Foundation, Rethink Capital Partners, and Socratic Ventures. In October 2022, Educaria Euro SLU acquired College Consortium, Inc.  

The firm offers acadeum course share, a platform allowing institutions to collaborate to share courses, which helps students to complete the course and get the credits and grades. Acadeum provides support to schools for student progress, improves retention, and improves access to educational opportunities.  

The company generates revenue by charging an annual platform fee on full-time enrollment (FTE) and per-enrollment revenue share which is paid by the teaching institutions for enrolment done through the Acadeum network.

## Funding rounds

- Series B, May 9, 2023, $12M — Pearson Ventures, ECMC Group, Green Street Impact Partners
- Series A, Feb 26, 2020, $6.9M — Rethink Capital Partners, Learn Capital, Lumina Foundation, Socratic Ventures

## Investors

- Rethink Capital Partners (https://capitalatlas.ai/funds/rethink-capital-partners) — Series A
- Learn Capital (https://capitalatlas.ai/funds/learn-capital) — Series A
- Lumina Foundation — Series A
- Socratic Ventures (https://capitalatlas.ai/funds/socratic-ventures) — Series A
- Pearson Ventures (https://capitalatlas.ai/funds/pearson-ventures) — Series B
- ECMC Group (https://capitalatlas.ai/funds/ecmc-group) — Series B
- Green Street Impact Partners (https://capitalatlas.ai/funds/green-street-impact-partners) — Series B