The amount of the transaction was not disclosed.
The company intends to use the funds to expand operations.
Co-founded by Kim Taylor and Cecilia Retelle, Ranku provides students with tools to make informed decisions, compare costs and find a degree that suits their needs. It focuses on public, private, and state schools that provide online opportunities, including Georgetown, University of North Carolina – Chapel Hill, and Arizona State University.
The company, which graduated from TechStars, is also backed by Mark Cuban.