ClearScholar Acquired by Texas Company

Posted: Updated:
Jason Konesco (podium) is the CEO of ClearScholar. Jason Konesco (podium) is the CEO of ClearScholar.
INDIANAPOLIS -

An Indianapolis-based tech company is under new ownership. ClearScholar, which has developed a mobile student engagement platform, has been acquired by Texas-based Civitas Learning.

Financial terms of the acquisition are not being disclosed. Civitas says the addition of ClearScholar and its platform will give higher education institutions a tool to enable more timely and personalized support for students.

The ClearScholar platform includes features such as mobile student IDs, event information, news and activities.  

"At Civitas, we are obsessed with helping our institutional partners use intelligence to effectively personalize support for their students, and that obsession manifests across the tools we provide today for students, advisors, faculty, and administrators,” said Charles Thornburgh, chief executive officer of Civitas Learning. "In ClearScholar, we have found a mobile product—and team—that shares our passion for personalizing student support and uses that focus to drive the highest student engagement rates in higher education."

Civitas currently partners with more than 350 colleges and universities, serving nearly 8 million students. ClearScholar was launched in 2016 as a spin-out from Indianapolis-based High Alpha. The company secured $1.25 million in funding in January 2017 and announced plans to add 31 jobs by 2019 the following March.

“We are thrilled to join Civitas Learning, an organization that shares our mission of advancing student success through innovation and is the market leader in driving student outcomes,” said Jason Konesco, CEO of ClearScholar. “We look forward to continuing to deliver technology that students and educators love and use on a daily basis.”

Civitas says it will maintain its Indianapolis office and four ClearScholar employees will join the Civitas Learning team.

  • Perspectives

    • How to Ensure Proper 401(k) Benefits Education

      From pay rate to wellness programs, there are many important areas that employers need to pay attention to regularly; however, there is one that is often forgotten — 401(k) benefits. A 401(k) plan provides employees with the opportunity to deduct a portion of their pay and use it as a contribution towards retirement. Properly saving for retirement is vital to ensuring a healthy lifestyle after an employee’s career comes to an end, but 50 percent of Americans claim to not...

    More

Subscribe

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

Events



  • Most Popular Stories

    • (Rendering of phase two of the Riverfront Fort Wayne project provided by the city of Fort Wayne.)

      Fort Wayne Riverfront Contract Pulled

      A proposed $2.5 million contract for the design work for the next two phases of the Riverfront Fort Wayne project has been pulled. Our partners at WPTA-TV report the Fort Wayne City Council withdrew the contract, which was set to go to Philadelphia-based DAVID RUBIN Land Collective.

    • Hoosier Schools Among 'Best Colleges in America'

      Nearly two dozen Hoosier institutions are included in MONEY magazine's rankings of the Best Colleges in America. More than 700 schools are on the list, which was determined by a number of factors in three categories, including quality of education, affordability, and outcomes.

    • (Image courtesy of Inc.)

      Hoosier Companies Part of Inc. 5000

      An annual ranking of the fastest-growing private companies in the country includes 63 Hoosier businesses. Greenwood-based The Garrett Companies is again tops among Indiana companies on the Inc. 5000 list, breaking into the top 10 in the U.S. for the first time. Its number 10 national ranking is the highest for an Indiana-based business since 2016 when eLuxurySupply.com in Evansville placed fourth.

    • (photo courtesy of our partners at The Times of Northwest Indiana)

      Economic Development Announcement Set For Gary

      An economic development announcement is set for Thursday in northwest Indiana. Governor Eric Holcomb and Gary Mayor Karen Freeman-Wilson will join executives from Pittsburgh-based United States Steel Corp. (NYSE: X) to give the news.

    • I-69 Delays Causing More Bloomington Traffic Problems

      Construction to complete section 5 of I-69 will take longer than expected and will impact students returning to IU. The "substantial completion" date for the stretch of interstate was August 31, but INDOT officials now say despite an accelerated schedule of 16-hour work days and six-day work weeks, the work won't be done for several more weeks.  INDOT says the construction will pose challenges for drivers in and around Bloomington through the end of the ...