EdVisorly Raises $13.3 Million to Expand EddyAI Enrollment Platform

EdVisorly has raised $13.3 million in a Series A round led by Breachway Capital, with participation from U.S. News & World Report, Lumina Foundation, Strada Education Foundation, Motley Fool Ventures, Juvo Ventures, and Zeal Capital Partners, announced in a press release.

The funding will support further development of EdVisorly’s EddyAI platform, which automates admissions processes such as transcript evaluation, transfer credit mapping, and GPA recalculation. The platform is designed to reduce manual workflows for colleges and universities and increase data processing efficiency. Institutions using the platform have reported up to an 85 percent reduction in manual processing and a sixfold gain in productivity.

EdVisorly plans to invest the new capital in product and engineering efforts, the hiring of additional technical and leadership staff, and expanded institutional support for its partner network. The company currently works with over 100 institutions, including the University of Connecticut, Carnegie Mellon University, and California State Polytechnic University, Pomona.

Founded by Manny Smith, an Air Force veteran, EdVisorly builds systems that help higher education institutions modernize admissions and enrollment operations while improving the speed and transparency of student experiences.