CollegeVine, a Cambridge, MA-based provider of high school guidance and college admissions advising, secured $24m in Series B funding.
Backers included Maywood Street Investments, Fidelity Investments, Morningside Technology Ventures and University Ventures.
The company intends to use the funds to expand data science and engineering teams and its business reach.
Led by Jon Carson, CEO, CollegeVine is a technology services platform that enables public high school families to navigate the college admissions process using data. With software powered by millions of past student data points, the company intelligently analyzes colleges based on students’ odds of acceptance and recommends the highest ROI schools to minimize debt and improve career outcomes. Families can also choose to receive affordable personalized guidance from an ecosystem of hundreds of expert admissions consultants recruited from the nation’s top universities.
CollegeVine’s $6.7 million Series A round of funding was led by Morningside with participation by UV and Silicon Valley Bank.
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