ClearScholar Laser-Focused on Colleges

Posted: Updated:
Pitcured from left to right at Wednesday's announcement: ClearScholar CEO Jason Konesco and Indiana Economic Development Corp. President Elaine Bedel. Pitcured from left to right at Wednesday's announcement: ClearScholar CEO Jason Konesco and Indiana Economic Development Corp. President Elaine Bedel.

The chief executive officer of Indianapolis-based ClearScholar believes his college engagement technology's "very targeted" approach could potentially tap into the country's population of 20 million students. In just over a year, ClearScholar has partnered with nearly 100 colleges and universities to make up what Jason Konesco calls a "vast pipeline." The company today upon a previously-announced $1.25 million round of funding with plans to add up to 31 jobs over the next two years.

Konesco tells Inside INdiana Business ClearScholar is currently "laser-focused" on colleges, but believes "there is absolutely a play" with high schools. The mobile platform gives colleges and universities a custom way to "build, retain and grow lifelong relationships," which Konesco believes is a way to boost some challenging national figures in the world of higher education. Those "dismal rates," he says, include a national 59 percent graduation rate over six years and a drop-out rate of around one-third before students reach a second year. Konesco says colleges concerned with the effects of engagement and outcomes on graduation rates are a key growth market, but even established schools could benefit.

CleaScholar's first full partner was Butler University, which signed a three-year agreement in March. Konesco says early returns on the relationship have been "higher-than-expected" in terms of usage and adoption rates by students on the Indianapolis campus.

  • Perspectives

    • How to Find a New Audience After Hitting a Marketing Plateau

      It may sound like a marketer’s dream scenario: efforts have proven to be so successful it appears a company has completely saturated their target audience. While it may be a good problem to have, it still may be a problem. Hitting a marketing plateau is an opportunity for companies in any industry to reevaluate, re-energize and come to the table with new ideas for better understanding existing customers and engaging new audiences.



Company Name:
Confirm Email:
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections


  • Most Popular Stories

    • (photo courtesy of WTHR-TV)

      Andrew Luck Retiring from NFL

      In a shocking development following the Indianapolis Colts' preseason loss to the Chicago Bears, quarterback Andrew Luck has announced his retirement from the NFL. Luck, who did not play in Saturday's game, said the number of injuries he has suffered throughout his professional career "has taken my joy of this game away." Luck teared up during a news conference in which he made his announcement. "After 2016 where I played in pain and was unable to regularly...

    • (image courtesy of The Times of Northwest Indiana)

      Crews Start Demolition of Carson's in Hammond

      The face of downtown retail in Hammond is changing once again with the demolition of Carson’s department store, the one-time the anchor of Woodmar Mall. Our partners at The Times of Northwest Indiana report excavating crews have started to demolish the last vestige of the shopping center which stood since the 1950s. 

    • Shaina Keck

      Pier 48 Manager Named

      FK Restaurant Group has named Shaina Keck sales and banquet manager for Pier 48 Fish House and Bar in downtown Indianapolis. She previously served in sales at Kilroy's Bar & Grill. Keck is a graduate of Indiana University Kelly School of Business with a bachelor of science degree in finance and accounting with a concentration in international studies.  
    • On-Air

      Find out when and where you can watch and listen to our reports.

    • Fort Wayne Tops 'Hottest Real Estate Markets'

      Fort Wayne just opened its brand new riverfront Promenade Park to pomp and pageantry, hoping to make it a draw to Indiana’s second largest city. But now the Allen County community has something else to celebrate. The editors of declared Fort Wayne as the hottest real estate market in July for the entire country.