Deals

Edmit Raises $855,000 in Funding
Date: 
Thursday, November 16, 2017
Location: 
Boston
Categories: 
Consumer
EdTech
Other
Deal Type: 
Funding

We’re excited to share that in addition to our small but mighty team committed to helping students and families price compare and get the best deal from their top choice colleges, we’ve raised venture capital funding from an incredible group of education and technology investors, including Bessemer Venture Partners’ 15 Angels fund and Rethink Education’s seed fund (a partnership with Southern New Hampshire University, where our co-founder Sabrina was previously AVP).

On why Rethink Education invested in Edmit, Michelle Dervan, Principal, said, “One of the greatest challenges facing college-bound students and their families is understanding what the real cost of attendance will be. This information is critical in enabling financial planning and setting the student up for success toward graduation. We are delighted to be an early supporter of the Edmit team as they work to bring a greater degree of price transparency to the higher education sector... READ MORE