PREDICTIVE DATA: Degree Analytics, a startup that aims to use data and AI to increase college students’ graduation rates, has raised $1 million in a “Seed B” round. The Austin-based company’s investors include Rick Dalzell, formerly CIO at Amazon; David Palumbo, managing director at SoftMatch; and Larry Benz, founder of physical therapy group Confluent Health.
Degree Analytics gathers student information such as attendance, library time or LMS login activity, and uses that data to make predictions on students’ future behaviors. It will flag school counselors or instructors if they should intervene with a student.
The company claims its platform is currently being used at three institutions, including Eastern University, and that the latest funding round will go towards further developing its platform and expanding both its “domestic and international presence.”
