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.