AI Admissions Startup EdVisorly Raises $13.3M Series A
EdVisorly has secured $13.3 million in a Series A round led by Breachway Capital to scale its AI-powered back-office software for university admissions, securing a significant valuation step-up in a largely depressed edtech funding market.
Los Angeles-based EdVisorly has closed a $13.3 million Series A round to expand its AI platform that automates administrative workflows for university admissions. Breachway Capital led the financing, with participation from U.S. News & World Report, Lumina Foundation, Strada Education Foundation, and others. The round brings the company’s total funding to approximately $22 million and marks a significant valuation step-up from previous tranches, according to CEO Manny Smith.
The startup’s core product, EddyAI, targets the manual bottleneck of processing student transcripts and transferring credits between institutions. The software reads transcripts, recalculates GPAs based on specific university criteria, and matches credits against a school's equivalency rules. “The technology actually reads the transcript, it takes that data from the transcript, and it compares it to the equivalencies that the school has,” Smith said. “There’s kind of an infinite number of … transferable credits and courses that could exist across the United States.”
EdVisorly operates on a B2B subscription model, selling directly to higher education institutions rather than acting as a consumer-facing gatekeeper. The company currently serves more than 100 colleges and higher education systems, including Carnegie Mellon University, the University of Connecticut, and the University of Massachusetts. Since its 2019 launch, the platform has been used by over 250,000 students.
The platform addresses a structural inefficiency in U.S. higher education, where the transfer process for the country's 10.5 million community college students often relies on manual review. By allowing students to upload transcripts for unofficial evaluations before speaking to a counselor, and giving registrars a tool to build credit-matching rules, EdVisorly reduces the administrative burden on university staff. “We automate a lot of the backend processes,” Smith said.
The capital injection arrives during a prolonged slump for the edtech sector. Global venture funding for education-related startups topped nearly $20 billion in 2021 but dropped to just $1.8 billion in the first half of 2026. While this figure is down from $2.5 billion in the first half of 2025, EdVisorly’s ability to attract capital signals continued investor appetite for AI tools that deliver clear operational cost savings to enterprise customers.
EdVisorly plans to use the Series A to upgrade its core engineering infrastructure and hire UX designers to refine its student-facing application. The company currently employs nearly 50 people. Jason Krantz, managing partner at Breachway Capital, said the firm was drawn to EdVisorly’s dual-sided impact. “This is not a solution that optimizes for one side of the market at the expense of another,” Krantz wrote. “It drives real efficiency and tangible value for institutions while delivering a meaningfully better experience for students navigating one of the most important decisions of their lives.”
