MeasureOne - Higher Education and Student Loan Analytics Firm - Provides Improved Insights into Student Loan Repayment and Risk
Firm aims to transform the $1.4 trillion U.S. higher education finance market through innovative information and analytics fueled by a $2.3 million investment from leading education and financial services investors
SAN FRANCISCO, Sept. 13, 2016 /PRNewswire/ -- MeasureOne, a higher education data and analytics firm focused on the $1.4 trillion-dollar student loan market, today announced $2.3 million Seed financing led by Socratic Ventures along with Colchis Capital and University Ventures. The investment will allow MeasureOne to expand its rich data repository and analytics capabilities to help higher education institutions and lenders invest in talent, with better insights into student risk and potential.
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MeasureOne specializes in data-driven insight for the higher education finance industry, and its most recent report on private student lending shows that families are effectively managing their private student loans.
"MeasureOne has built a trusted brand in the post-secondary education data and analytics market, shedding light on the second largest form of consumer credit in the U.S. Socratic Ventures is thrilled to invest in the company and to collaborate with the team to illuminate the possibilities from here," said Joshua Pierce, managing partner at Socratic Ventures.
"Student lending is fast approaching a crossroads," said Daniel Pianko, co-founder and managing director at University Ventures. "Lenders and higher education institutions, alike, are in desperate need of deeper insights that MeasureOne can provide to understand repayment trends and identify opportunities to strengthen investments in a student population that is increasingly reliant on post-secondary success as a pathway to social and economic mobility."
This equity round for MeasureOne brings together a uniquely strong combination of investors with a focus on consumer credit, marketplace lending and higher education. Socratic Ventures is focused on investing in new business models in education; Colchis Capital is a leading asset management firm in the marketplace lending sector; and University Ventures is focused exclusively on the global higher education sector.
"MeasureOne is committed to continuing to bring new data and insights to the higher education sphere to enable lenders, schools and families to make better informed decisions," said Dan Feshbach, CEO of MeasureOne. "Our investors bring deep experience in the markets we serve, will provide invaluable guidance to us in our efforts, and will add long-term value as advisers to the company."
About Socratic Ventures
Socratic Ventures, LLC, based in Austin, TX, is a private equity fund committed to building sustainable companies in the education space. Owned and operated by Joshua Pierce as a holding company for his personal and collaborative endeavors in the education sector, Socratic is focused on exploring new business models in education as well as providing corporate finance and strategy development services to the education industry. For more information, visit http://www.socraticventures.com.
About Colchis Capital Management
Colchis Capital Management, L.P. is a leading investment management firm in the marketplace lending sector. The firm was founded in 2005 and is headquartered in San Francisco, CA. Colchis leverages deep credit expertise, proprietary technology and financial structuring experience to invest in various credit products originated by direct lending platforms. To contact Colchis Capital Management, visit www.colchiscapital.com.
About University Ventures
University Ventures (UV) is the only investment firm focused exclusively on the global higher education sector. UV pursues a differentiated strategy of "innovation from within." UV has the deepest respect for the missions and traditions of colleges and universities around the world and is confident that through innovation, these same institutions will be successful in fulfilling and expanding their missions. By partnering with top-tier universities and colleges and then strategically directing private capital to develop innovative programs of exceptional quality that address major economic and social needs, UV is setting new standards for student outcomes and advancing the development of the next generation of colleges and universities on a global scale. For more information, visit http://universityventures.com.
About MeasureOne
MeasureOne, founded in San Francisco with offices in Dallas, TX and Ahmedabad, India, specializes in data and analytics serving the $1.4 trillion-dollar student loan market in the United States. The company developed the nation's first and only Private Student Loan Consortium, a data cooperative of the nation's largest lenders and holders of private student loans. MeasureOne is applying data science and industry expertise in order to increase understanding of student loans and empower student loan lending, risk assessment, repayment, capital market investments and public policy development. For more information about MeasureOne, visit www.measureone.com.
News Media Contact:
Lori Guyton
901-277-6066
[email protected]
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MeasureOne Website
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