AcademyOne Inc.
| Location: | AcademyOne Inc., US | | Speaker: | David Moldoff | | Title: | Founder and CEO | | Primary Industry: | Software & Services | | Executive Summary: | College transfer has arisen as one of the largest and most visible hurdles facing governments focusing on workforce and economic development as they subsidize higher education. 60% of undergraduate students attend two or more institutions before completing degrees, extending graduation time by at least a semester. Over 2.5M students transfer each year. Sharing courses, workflow and commerce across institutions has been inhibited by decentralized, departmentalized legacy systems costing institutions $10B within existing budgets. Students and parents (with Government subsidies) bear a $7B burden paying for courses not counted in degree completion. Consumers must navigate thousands of websites to find non-standard course information.
The solution, CollegeTransfer.NET, has been built, reducing redundancy and streamlining workflows. The platform hosts the software and unique Course Atlas database, comprising 3,000,000 courses from 3,000 institutions and growing. Institutions and faculty benefit by improving advising and enrollment services through more accurate content. Students benefit by minimizing lost credits during transfer and completing degrees sooner. Governments benefit by streamlining activities spanning institutions they subsidize and fostering human capital resources, enhancing the tax base and economy. The initial addressable market is over $500M paid as recurring subscriptions and services by institutions. Additional opportunities and strategic partnerships will be exploited. | | Venture is: | B-Round |
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