Apr 25 2018

CampusLogic Raises $55 Million to Bring Its Comprehensive Student Financial Services Platform to 6,000+ Colleges and Universities

CampusLogic, the leading student financial services (SFS) platform, today announced $55 million in funding led by JMI Equity, a growth equity firm focused on investing in leading software companies.

 Founded in 2011, CampusLogic is a market leader in SFS software with nearly 500 higher education customers that serve more than three million students. CampusLogic, which recently reported a four-year compounded annual growth rate of more than 200%, plans to utilize the new funding to make investments across the company in product, customer success, sales and marketing to increase the scope and power of its platform. It also intends to explore strategic acquisitions that can add breadth to its platform around college savings, shopping, attending, repaying and giving back.

“The ABCs of student finance are more important now than ever – improving accessibility, reducing borrowing and driving completion,” said Gregg Scoresby, CEO of CampusLogic. “We’re partnering with institutions across the nation to make the ABCs of student finance a reality with software that brings easy, mobile and personalized student financial services. We’re excited to partner with the team at JMI, whose leadership with Ellucian, Blackbaud and other category-leading companies makes them the best partner to help us unlock the tremendous opportunity in front of us.”

https://www.prnewswire.com/news-releases/campuslogic-raises-55-million-to-bring-its-comprehensive-student-financial-services-platform-to-6-000-colleges-and-universities-300635770.html