AdmitHub, an edtech startup which builds conversational artificial intelligence (AI) to guide students on the path to and through college, has raised $2.95 million in seed funding. The funding round was co-led by Relay Ventures and Reach Capital, with participation from University Ventures and others.
The new funding will be used by AdmitHub to grow its team of AI engineers and build out its sales team, with the goal of expanding its technology platform and scaling its reach to more colleges in the US and abroad.
Founded in 2014, AdmitHub is committed to fostering college success with conversational artificial intelligence whereby its chatbots provide on-demand assistance via chat by gathering data, sending reminders, answering questions, surveying students, and connecting students to appropriate advisors.
“To us, AdmitHub is not just a platform, it’s a solution,” says Scott Burke, Assistant Vice President for Undergraduate Admissions at Georgia State. “They are a true partner who’ve radically exceeded our expectations. To handle more than 185,000 messages with 3,600 students without AdmitHub would have required us to hire at least ten full-time staff members. It is also extremely rare to see such significant impact in the first year of implementing any product.”
AdmitHub already has a diverse group of college partners spanning the breadth of higher education, from large public universities like Georgia State University, West Texas A&M University, and Bowling Green State University, to small liberal arts colleges like Allegheny College and The Cooper Union.
College partners using AdmitHub generally realize three primary benefits: 1) students receive on-demand access to college counseling; 2) admissions officers enjoy greater insight into student progress; and, 3) counselors have more time to focus on students most in-need of personal attention.
“AdmitHub has already successfully applied conversational AI at multiple colleges to engage students in their native mobile environment,” said Kevin Talbot, Managing Partner at Relay Ventures. “AdmitHub’s AI platform drives immediate and sustainable value for their customers.”