CollegeVine Raises $24 million to Help More Students Find the Right School

Financing

CollegeVine Raises $24 million to Help More Students Find the Right School

Apr 1, 2019

A GROWING VINE: CollegeVine, a Cambridge, Mass.-based provider of college admissions guidance services for high school students, has closed a $24 million Series B round. Maywood Street Investments, Fidelity Investments, Morningside Technology Ventures and University Ventures participated in the round.

The company plans to expand its data science and engineering teams, according to a statement Monday. Boston Business Journal reports that CollegeVine is also exploring ways to make its service available for companies to offer to their employees as an education benefit.

Founded in 2013, CollegeVine claims to have serviced over 10,000 students. Among its features are tools that show students acceptance odds at colleges, which ones best match their career aspirations, and which ones lead to the least amount of debt. It also offers access to college counselors. The company previously raised $3.1 million in 2016 and $3.6 million in April 2017.

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