Education technology company Empowerly has secured $15 million in funding to enhance its support for students in the competitive college admissions process. The company will use the funds to expand its college counseling services, develop its artificial intelligence and machine learning capabilities, grow its team of admissions experts and improve its data analytics.
Conductive Ventures led Empowerly’s latest funding round, bringing the total amount raised to $30 million. The company plans to continue scaling its counseling services to alleviate the pressure on students and families during the college application process. Empowerly has also joined the Sequoia marketplace to offer its counseling services as an employee benefit, providing working parents with resources to navigate the complexities of college admissions.
Empowerly’s proprietary technology, the Empowerly Score, aims to offer a comprehensive view of a student’s competitiveness against other applicants. The company boasts a 94 percent acceptance rate into top 50 schools for students with a GPA of 3.6 or higher.
