HEDLINE: InsideTrack raised $3.75 million

San Francisco based InsideTrack closed a $3.75 million funding round in April according to the SEC filing.

Founded in 2001, InsideTrack provides colleges and universities with one-on-one student coaching, process expertise, analytics and technology to increase graduation rates and enhance the student experience.

Key Takeaway

InsideTrack just recently acquired Logrado, a social-mobile student engagement platform used by professional college student coaching programs.

We reached out to the company and though details of the round have not been disclosed, InsideTrack’s VP of Marketing Dave Jarrat confirmed that the round comes from existing investors and will be used to

“accelerate progress on a number of key strategic initiatives, including ones that benefit from our acquisition of Logrado.”

InsideTrack previously raised funding from Baird Capital and Eldorado Ventures according to CrunchBase including a $2 million round in 2005.

Further Reading

  • SEC Form D | SEC
  • EdTech Funding and M&A Special: Bloomboard, InsideTrack, EdStart | EDUKWEST

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Kay Alexander is the co-founder and creative director of EDUKWEST. You can follow him on Twitter, Facebook or Google+