# GetSet

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

- Industry: Internet
- Headquarters: Chicago, US
- Website: www.getset.com
- Total disclosed funding: $2.5M
- Latest round: Seed (Sep 4, 2014)
- Investors on record: 4

## About

GetSet is a technology-driven company focused on enhancing student retention through evidence-based virtual communities and innovative educational solutions.GetSet specializes in developing tools to improve student engagement and retention in higher education. The company was founded by Betson Paniker, Eric Bjerstedt, Karan G, and Laura Bauer. Its headquarters is located in Chicago, US. In September 2014, GetSet raised USD 2.5 mn in Seed funding from investors including Chicago Ventures, G2T3V, KGC Capital, and Social Capital. The company has successfully completed 2 deals to date.GetSet offers a comprehensive suite of solutions designed to enhance student retention through an evidence-based virtual community. Central to their product lineup is the GetSet Suite, which includes a secure online platform for student engagement, analytics tools for tracking progress, and behavior change interventions focused on developing metacognitive skills such as resilience, growth mindset, and self-regulation. The primary end users of these services are college students, while institutions of higher education, particularly large public universities, serve as the primary client base. Additionally, GetSet has introduced the Sponsored Degree™ Program, which facilitates partnerships between employers and educational institutions, allowing employers to sponsor students' degrees while securing a skilled workforce. GetSet's offerings are primarily marketed within the United States, targeting educational and corporate sectors that seek to improve student outcomes and address talent shortages.The revenue generation model for GetSet is centered around partnerships with educational institutions and employers through its Sponsored Degree™ Program and subscription services associated with the GetSet Suite. Institutions pay for access to the platform and its resources to enhance student retention while employers participate by sponsoring students, effectively creating a direct financial flow to GetSet. This model allows for a recurring revenue stream based on institutional subscriptions, alongside potential fees associated with employer sponsorships. The pricing structure for these offerings typically aligns with the value derived from improved retention rates and workforce readiness, though specific pricing plans are not publicly disclosed. GetSet's flagship services, particularly the Sponsored Degree™ Program, are integral in fostering ongoing business relationships between educational institutions and employers, reinforcing the significance of their offerings in both the educational and corporate sectors.In September 2014, GetSet raised USD 2.5 mn in Seed funding to support its initiatives. The company is focused on designing new products to enhance student engagement and retention, with plans to launch additional features of the GetSet Suite by late 2025. GetSet aims to expand its market reach into Europe and Asia, with specific targets set for entry by 2026. The funding will be utilized for product development, market expansion, and strengthening partnerships with educational institutions.

## Funding rounds

- Seed, Sep 4, 2014, $2.5M — Chicago Ventures, Social Capital, KGC Capital, G2T3V

## Investors

- Chicago Ventures (https://capitalatlas.ai/funds/chicago-ventures) — Seed
- Social Capital (https://capitalatlas.ai/funds/social-capital) — Seed
- KGC Capital (https://capitalatlas.ai/funds/kgc-capital) — Seed
- G2T3V (https://capitalatlas.ai/funds/g2t3v) — Seed