CollegeNET

CollegeNET is a company that aims to revolutionize higher education through on-demand SaaS technologies. Founded in 1977, the United States-based company focuses on improving operational efficiency, enhancing communication with constituents, and saving money for institutions worldwide. CollegeNET's systems are utilized for various purposes such as event and academic scheduling, recruitment and admissions management, instructor and course evaluation, web-based career services for students, cultural learning and college preparation, and electronic academic records delivery. One of CollegeNET's stand-out initiatives is the creation of the Social Mobility Index (SMI) (socialmobilityindex.org), which measures the extent to which colleges and universities admit economically disadvantaged students at lower tuition, support their academic progress, and prepare them to obtain well-paying jobs. CollegeNET aims to redefine the competition for institutional "prestige" and advance higher education's contribution to economic mobility through the SMI. Notably, Peak Rock Capital participated in a Private Equity Round investment on 01 August 2023 for the company, demonstrating confidence in CollegeNET's mission and potential impact. Also, CollegeNET has awarded more than $2 million in college scholarships to date, directly supporting greater affordability and access to higher education.