CampusLogic’s new $120 million growth investment will help the education technology company expand its student financial success platform.
The Phoenix-based company provides financial tools and resources to help the 15 million students who attend colleges and universities understand the processes that often create barriers to student enrollment, engagement and retention, CampusLogic CEO Gregg Scoresby told Crunchbase News.
“We come in with tools before they start financial planning, as well as while they are already funding their education. Eventually, we plan to move into the repayment space to help them after they graduate,” Scoresby said. “We replace the paper, pencil and manual interactions with software to make things mobile and easy to use.”