# Synergis Education

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/synergis-education

- Industry: Education/Training
- Headquarters: Chandler, US
- Website: www.synergiseducation.com
- Total disclosed funding: $18M
- Latest round: Series A (Sep 25, 2013)
- Investors on record: 3

## About

Synergis Education is an education technology company specializing in supporting not-for-profit universities and colleges by offering services that enhance student outreach and retention for online degree programs.Founded in 2011 and headquartered in Chandler, US, Synergis Education provides education technology solutions. The company has not shifted its core business strategy significantly but has continued to operate in the education sector since its inception. The CEO, Norm Allgood, has an extensive background in educational services. In March 2015, the company raised USD 5.00 mn in a Series A funding round led by Mitsui & Co. USA, bringing the total amount raised to USD 5.00 mn.Synergis Education specializes in education technology, providing comprehensive services to over 100 not-for-profit universities and colleges. Its core offerings include marketing, prospective student outreach, student support, technology implementations, and performance monitoring, focusing on launching high-return, workforce-oriented online degree programs in areas like nursing, business, education, and public service.Synergis Education operates on a fee-for-persistence and fee-for-service revenue model, aligning its success with that of its university partners. The company delivers services based on student enrollment metrics or levels of service provided, ensuring financial sustainability for educational institutions while enhancing its role as a trusted partner in online education.Synergis Education aims to expand into new geographic regions and markets, specifically targeting increased partnerships with universities in the United States, United Kingdom, and Australia by 2023. The funding raised in March 2015 will facilitate the development of new products and enhancements to existing services, allowing the company to better support its educational partners in meeting the demands of a growing online education landscape.

## Funding rounds

- Series A, Sep 25, 2013, $18M — University of Texas Investment Management Company, Bertelsmann Capital Ventures, University Ventures

## Investors

- University of Texas Investment Management Company — Series A
- Bertelsmann Capital Ventures — Series A
- University Ventures (https://capitalatlas.ai/funds/university-ventures) — Series A