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Based in Chandler, Arizona, CampusLogic develops software-as-a-service technology that digitizes and manages the complex student financial aid process for higher education institutions. The platform serves nearly 800 colleges and universities across the United States, helping over four million students annually navigate student loans, federal grants, and private scholarships through mobile-accessible tools. Prior to its strategic acquisition, the enterprise generated approximately $50 million in annual revenue and secured over $193 million in total venture capital funding. The company attracted early financial backing from lead investors such as Continental Investors before ultimately being acquired by higher education software provider Ellucian in 2022. Throughout its operational growth, the firm received industry recognition from organizations including Deloitte and Inc. magazine for its rapid expansion in the education technology sector. CampusLogic was originally founded in 2011 by entrepreneur Gregg Scoresby.
CampusLogic has raised $193.0M across 4 funding rounds.
CampusLogic has raised $193.0M in total across 4 funding rounds.
CampusLogic has raised $193.0M in total across 4 funding rounds.
CampusLogic's investors include Christian Jensen, Krishna Potarazu, Eric N. Shapiro, GSV Acceleration, Brent Grinna, Diane Hessan, Continental Investors, Enspire Capital, MRTNZ Ventures, Ben Kosinski, Tom Curzon, Great Lakes Higher Education Corporation.
CampusLogic was a SaaS technology company founded in 2011 that built a comprehensive Student Financial Success platform for higher education institutions.[1][2][3] It served nearly 800 colleges and universities across the U.S., enabling students and families to understand college costs early, complete financial aid forms, access digital award letters, and manage scholarships, loans, verification, and communications via mobile-friendly tools.[1][2][3][4] The platform solved key problems like financial friction in aid processes—such as complex forms, workflows, and barriers to enrollment and graduation—by automating verification, providing net price calculators, personalized advising, crowdfunding, and data visualizations, ultimately reducing borrowing, boosting enrollment, and supporting millions of students.[1][2][5] CampusLogic raised $192.53M before being acquired by Ellucian in early 2022, earning awards like Deloitte Technology Fast 500 and SIIA CODiE for AI in education.[2][3][4]
Headquartered in Chandler, Arizona (with some sources noting New River), it fostered a mission-driven culture emphasizing innovation, collaboration, and student outcomes, growing to 150-200 employees.[1][3][5][6]
CampusLogic was founded in 2011 by Gregg Scoresby, a financial aid veteran frustrated by inefficient processes after implementing student information systems, consulting on efficiency, and managing the U.S.'s largest aid outsourcing contract.[2] The idea emerged from recognizing persistent "lousy student experiences" amid rising mobile tech and secure cloud services like AWS and Azure, enabling intuitive, frictionless aid tools at the perfect time.[2] Early traction built on this: by launch, it targeted the "maze of loans, grants, and scholarships," quickly scaling to serve hundreds of institutions and impact over 4 million students annually pre-acquisition.[1][2] Pivotal moments included rapid adoption, multiple awards (Inc. 5000, Education Technology Insights Top AI Provider), and the 2022 Ellucian acquisition, integrating its tech into a global edtech leader.[2][3][4]
CampusLogic rode the edtech wave targeting higher education's financial barriers, amplified by post-2008 enrollment pressures, rising tuition, and mobile/cloud adoption, which made legacy aid systems obsolete.[2] Timing was ideal: 2011 launch aligned with smartphones enabling anytime aid access, addressing "financial friction" as the top enrollment/graduation blocker amid U.S. student debt crises.[1][2] Market forces like SaaS scalability and AI personalization favored it, positioning CampusLogic as a leader among competitors (e.g., Ellucian, Workday, Jenzabar) in a $3,429-item edtech sector.[3] Its acquisition by Ellucian extended influence globally to 50+ countries, embedding student success tools into broader ecosystems and influencing how institutions prioritize accessible, data-driven aid to retain diverse students.[1][3]
Post-2022 acquisition, CampusLogic's tech now powers Ellucian's expanded Student Financial Success offerings, likely deepening AI integrations for predictive analytics and global scalability.[1][3] Trends like rising AI in edtech, hybrid learning demands, and enrollment cliffs will shape its trajectory, potentially driving further automation in aid equity for non-traditional students. Its influence may evolve from standalone innovator to core backbone in Ellucian's portfolio, amplifying impact on millions while inspiring next-gen tools that make higher ed truly frictionless—proving one platform can reshape financial paths to degrees.[2][4]
CampusLogic has raised $193.0M across 4 funding rounds. Most recently, it raised $120.0M Other Equity in July 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 16, 2020 | $120M Venture Round | Christian Jensen | — | Announced |
| Apr 25, 2018 | $55M Venture Round | Krishna Potarazu | — | Announced |
| Mar 1, 2017 | $10M Series B | Eric N. Shapiro | GSV Acceleration, Brent Grinna, Diane Hessan | Announced |
| Sep 1, 2015 | $8M Series A | Continental Investors | Enspire Capital, GSV Acceleration, MRTNZ Ventures, BEN Kosinski, Brent Grinna, Diane Hessan, TOM Curzon, Great Lakes Higher Education Corporation, Peak, Select Venture Partners, University Ventures | Announced |
