CollegeVine is a technology company.
CollegeVine has raised $28.0M across 2 funding rounds.
CollegeVine has raised $28.0M in total across 2 funding rounds.
CollegeVine has raised $28.0M in total across 2 funding rounds.
CollegeVine's investors include New Markets Venture Partners, NextGen Venture Partners, University Ventures.
CollegeVine is an education technology company founded in 2013 that has evolved into an AI platform provider for higher education institutions. It builds a suite of autonomous AI agents that integrate with campus systems to handle enrollment, financial aid, student services, and administration, serving universities to boost efficiency, cut costs, and enhance student experiences amid a projected $100B annual higher ed deficit.[1][2][5] With $30.7M in total funding—including a recent $24M round—and revenue between $1M-$10M, CollegeVine targets growth by deploying 24/7 multilingual agents compliant with FERPA and SOC2 II, featuring hallucination reduction for reliable performance.[1][2][3][5]
Originally known for free personalized guidance to high schoolers and families, CollegeVine now pivots to B2B AI solutions like Trellis, its agentic AI recruiter for personalized student engagement at scale.[3]
CollegeVine was founded in 2013 in Cambridge, Massachusetts, initially as an online platform offering free, personalized college guidance to high school students and families.[1][3] Co-Founder and CEO Zack Perkins leads alongside a CTO and Chief of Staff, building from a consumer-facing model to address broader higher ed challenges.[3]
The idea emerged from democratizing college admissions advice, gaining early traction with 2.3 million students and partnerships like General Assembly for career expansion.[3] A pivotal shift occurred recently, rebranding as an AI company deploying safe agents for universities, fueled by $30.7M in funding and products like Trellis to tackle administrative inefficiencies.[1][2][3][4][5]
CollegeVine rides the AI agent wave in education, timing perfectly with higher ed's $100B deficit forecast and demand for cost-cutting automation amid enrollment drops.[1][2] Market forces like labor shortages and diverse student needs favor its 24/7 multilingual agents, which personalize recruitment (e.g., Trellis) and operations at scale, influencing the ecosystem by enabling universities to sustain amid demographic cliffs.[1][3][5]
It differentiates from research-heavy players like EAB by focusing on deployable AI agents, accelerating admin efficiency and student success in a sector ripe for AI disruption.[1]
CollegeVine is poised to dominate AI-driven higher ed ops, expanding agent deployments amid funding momentum and partnerships. Trends like agentic AI proliferation and edtech consolidation will shape its path, potentially capturing market share from legacy CRMs as universities prioritize sustainability.[1][2][3] Influence may evolve through custom agents for global institutions, tying back to its roots in student empowerment—now scaled institution-wide for transformative impact.[4][5]
CollegeVine has raised $28.0M across 2 funding rounds. Most recently, it raised $24.0M Series B in March 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2019 | $24.0M Series B | New Markets Venture Partners, NextGen Venture Partners, University Ventures | |
| Apr 1, 2017 | $4.0M Series A | New Markets Venture Partners, NextGen Venture Partners, University Ventures |