As reported by their press release, Signal Vine, provider of a text messaging platform used by higher education institutions to improve student retention and comprehension, has raised a $2M Series A. New Markets Venture Partners led the round. New Markets invests in early- and growth-stage edtech, IT, and business services startups, and their companies have been acquired by industry leaders like Blackboard and ETS.
Signal Vine’s enterprise text messaging platform transforms the way higher education institutions reach and engage students. Nearly 100% of students and families have access to text messaging, making it the most powerful way to communicate with any student at any time. Built on the principles of behavioral science, the Signal Vine platform combines text messaging with data analytics to deliver a highly personalized and interactive experience for students. It is currently used by over 200 higher education institutions.
Lighter Capital first funded Signal Vine in December, with a follow-on round in March. We’re very excited to see this company grow, and we wish them and their clients the best of luck!
Looking For Funding?
The loan payments are tied to monthly revenue, going up for strong-revenue months and down for low-revenue months. Visit here to see how it works, and if you like what you see, apply for funding today to connect with our investment team!