INDIANAPOLIS (Oct. 19, 2021) — Invoke Learning, a predictive-analytics company driving student success by providing insights to higher education institutions, today announced it has raised a round of seed funding with participation from Elevate Ventures and several angel investors.
“Invoke Learning helps higher-education institutions make better decisions by helping them make sense of the data they’re already collecting,” said Jacob Schpok, vice president of entrepreneurial services at Elevate Ventures. “This results in more enriching and successful educational experiences across the full student journey. Elevate Ventures is excited to be part of the change Invoke Learning is making.”
Co-founders Brendan Aldrich and Lige Hensley met while working at Ivy Tech Community College and launched Invoke Learning in 2018. The company uses a cloud-based artificial intelligence system to develop student insights using both academic and publicly available data. These insights help schools identify challenges that students face so the institution can intervene and provide specific solutions to positively impact enrollment, retention and engagement.
The company offers seven product solutions, including InvokeDataLake, InvokeDEI, InvokeEnrollment and InvokeRetention, and is currently supporting 360,000 students across 16 educational institutions. In June 2021, Invoke announced a partnership with Google Cloud to expand the use of its solutions.
“We’re seeing great success with our ability to positively impact the full student journey with our InvokeDataLake and supporting solutions,” said Hensley. “The investment from Elevate Ventures will provide us with the capability to invest in sales and marketing to continue our growth trajectory. We’re delighted to partner with them to help us grow our business.”