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Edmit is a technology company.
Edmit developed an ed-tech platform providing price and value transparency within higher education. The company furnishes college-bound students and their families with personalized data and tools, facilitating informed financial decisions regarding scholarships, financial aid, employment outcomes, and student debt. This approach aims to demystify college costs and potential returns on educational investments, enabling a more strategic planning process for college funding and future career prospects.
Sabrina Manville co-founded Edmit in 2017 alongside former university leaders. Their foundational insight stemmed from the observed lack of clarity surrounding college costs and financial outcomes, aiming to empower families with better information. The founders sought to address the significant financial burden of higher education by building a system that delivers actionable insights, moving beyond opaque sticker prices to reveal true costs and value.
The platform serves students and families navigating the complex landscape of college admissions and financing. Edmit's vision centers on meaningfully improving individuals' lives by ensuring that higher education becomes a clearer and more accessible path. It strives to equip users with the data necessary to make financially sound choices that position them for long-term success.
Edmit has raised $1.9M across 2 funding rounds.
Edmit has raised $1.9M in total across 2 funding rounds.
Edmit has raised $1.9M in total across 2 funding rounds.
Edmit's investors include Deerfield Management, FJ Labs, Founder Collective, Freestyle Capital, Optum Ventures, Section 32, SoftBank Investment Advisers, Wing Venture Capital, Anne Wojcicki, Asymmetric Capital Partners, Basis Set Ventures, South Park Commons.
Edmit is a Boston-based education technology company that built a data-driven platform to help students and families make smarter financial decisions about college by estimating costs, financial aid, and long‑term return on investment (ROI) so families end up “better off after college.”[1][2]
High-Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
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Edmit has raised $1.9M across 2 funding rounds. Most recently, it raised $1.0M Seed in August 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 1, 2018 | $1.0M Seed | Deerfield Management, FJ Labs, Founder Collective, Freestyle Capital, Optum Ventures, Section 32, SoftBank Investment Advisers, Wing Venture Capital, Anne Wojcicki | |
| Nov 1, 2017 | $860K Seed | Asymmetric Capital Partners, Basis Set Ventures, South Park Commons, Arash Ferdowsi, Drew Houston, Anthony Accardi, Bill Triant, Claire Vo, Daniel Jacobson, Dennis Yang, Eric Falcao, Jeff Shaddix, Josh King, Matt Lyons, Peter Temes, Rob Biederman, Shereen Shermak, Thomas McCleary, Tyler Willis, Wan Li Zhu, Bessemer Venture Partners, Neu Venture Capital, Rethink Education, Tuscan Management |