News Article | May 22, 2017
BIS Global has named Jacques Jarman as Chief Revenue Officer for CharityEngine, the company’s constituent management software-as-a-service solution focused on fundraising for mid-size to large non-profits. The position reports to Philip Schmitz, CEO and Co-Founder of BIS Global. “We are excited to add Jacques’ extensive experience leading business development for emerging technology companies,” said Schmitz. “His understanding of both the power of technology and the need to provide strategic solutions and guidance to client partners is an enormous asset on our growth-path as a company.” “CharityEngine is an incredible company on the rise and I am honored Phil and the team saw me as the right fit to drive it to the next level,” said Jarman. “There is no question CharityEngine is fast becoming a go-to technology solution for medium to large nonprofits with complex needs around multi-channel fundraising and I am thrilled to be a part of it.” Jarman comes to CharityEngine after successfully overseeing the growth of sales and marketing at Regent Education, a leading Software-as-a-Service (SaaS) provider of financial aid management solutions to the post secondary education market. Under his leadership, SaaS sales grew from $400K to over $10M annually. Prior to joining Regent in 2011, he spent 3 years at JackBe Corporation, a “big data” pioneer, that provided SaaS solutions and services to some of the largest public and private global institutions and 9 years at OPNET Technologies, Inc. (OPNT), an entrepreneurial high tech software and consulting services company. About BIS Global and CharityEngine® BIS Global® helps nonprofit and commercial organizations Go Big and Be Great with a fully integrated suite of online tools for customer and donor management, communications, e-commerce and online fundraising, backed by dedicated support. The Virginia-based cloud applications and hosting firm, has employed their retail and CharityEngine technology for hundreds of organizations including Wounded Warrior Project, Tuesday Morning, Fisher House Foundation, National Ovarian Cancer Coalition, CARE and Kids Food Basket. They were named to the 2014, 2015 & 2016 Inc. 5000 List of America's Fastest Growing Private Companies.
News Article | May 18, 2017
"Students turn to Herzing because of the personal attention we provide, so we are always looking for ways to free up our staff to focus on the student's needs and not just the paperwork and processing," says Kevin McShane, Vice President of Educational Funding and Compliance at Herzing. "With Regent 8 and Regent Review in place, the University will be in a position to provide greater student service." Herzing also counts streamlined operations, fewer human errors, and increased compliance among the anticipated benefits of the Regent solutions as it rolls out its two-phased implementation plan. "Regent is proud to work with an institution that is nationally recognized for being a 'military-friendly school,'" says Jim Hermens, Chief Executive Officer for Regent Education, and a military veteran himself. "We look forward to clearing Herzing's financial aid processing hurdles so that they can focus on their core mission of helping all students achieve their educational goals." About Regent Founded in 2006, Regent Education is a leading provider of software solutions that have revolutionized financial aid management and enrollment processes for schools using non-traditional enrollment models. Today, Regent 8, Regent's financial aid management system, is the only solution that provides end–to-end automation for non-term, non-standard term, and standard academic years. Regent Financial Planner provides students and families with financial aid estimates for the full cost of a program at an institution. Regent Review is the industry's only fully-automated verification solution. Regent is a nationally-recognized leader in results-driven enrollment optimization and financial aid management solutions that are web-based, easy-to-use, and interoperate with any existing student information system. Regent offers cloud-based solutions that help institutions increase enrollment, improve retention, speed student processing, mitigate compliance risks, and deliver bottom-line results. For more information, email firstname.lastname@example.org or call (301) 662-5592. About Herzing University Founded in 1965, Herzing University is a private, non-profit institution offering 30 career-focused undergraduate and graduate degree, diploma and certificate programs. Herzing's innovative career programs provide flexible learning options for busy students, boasting 11 campuses across eight states as well as offering online programs. The university is recognized as a member of the GI Jobs List of "Military Friendly Schools" for 2017 and is ranked by U.S. News & World Report as one of the "Best Online Bachelor's Degree Programs" for the fifth consecutive year. To learn more about Herzing University, visit https://www.herzing.edu/. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/herzing-university-transforms-financial-aid-processes-using-regent-education-300460046.html
News Article | October 28, 2016
New Markets Venture Partners, a thirteen-year old venture capital firm focused on investing in high impact education companies, today announced the addition of Jason Palmer, former Deputy Director at the Bill & Melinda Gates Foundation, as a General Partner. Just this week, the firm closed initial funding of $30 million in its second education fund with participation of limited partners from its first fund, which invested in edtech standouts like Starfish Retention Solutions (acquired by Hobsons) and Moodlerooms (acquired by Blackboard). “Jason’s background is truly unique among investors in the space today, given his experience as an entrepreneur, executive and grantmaker,” said Mark Grovic, Co-founder and General Partner. “He understands that social impact and economic returns are inextricably linked, and pairs a deep commitment to the education sector with a proven track record of identifying transformative technologies that can drive education innovation. In addition, Jason really connects with entrepreneurs who are pioneering innovative solutions to big education problems, which fits perfectly with New Markets’ culture.” At the Bill & Melinda Gates Foundation, Palmer led the Postsecondary Discovery team, investing in early-stage, evidence-based strategies designed to improve the outcomes for low-income, minority and first-generation college students. During Palmer’s nearly three years as Deputy Director, the Gates Foundation higher education team invested more than $200 million into the nation’s leading colleges, universities and entrepreneurs pursuing institutional transformation, digital and adaptive learning, integrated planning and advising, predictive analytics, financial aid, competency-based learning, credit transfer, marketable credentials and employer pathways. “Mark and Robb each have twenty year track records as successful double-bottom line investors,” said Jason Palmer. “Their portfolio serves more than 16 million students in the U.S., and these are mission-driven organizations focused on improving student outcomes and delivering competitive returns for investors. I’m proud to be joining a team with deep knowledge of education technology and decades of experience.” Prior to joining the Gates Foundation, Jason founded and grew three investor-backed technology companies before holding a series of executive positions at Microsoft, SchoolNet (acquired by Pearson), Kaplan and StraighterLine. At Microsoft, Palmer served as product manager for the world’s first tablet-based learning platform. At SchoolNet, Palmer led the company’s business development team, negotiating and growing key partnerships with Scantron, Kaplan and Princeton Review. At Kaplan, Jason led three education businesses as general manager or president, in addition to founding and leading the company’s venture capital effort. Over the past few years, New Markets Venture Partners has invested in a number of leading education companies, including American Honors, Calvert Education, Civitas Learning, Credly, Graduation Alliance, Fishtree, Kickboard, Moodlerooms, Noodle Partners, Presence Learning, Questar Assessment, Regent Education, StraighterLine and Think Through Learning. Palmer joins existing co-founders and General Partners Mark Grovic, Robb Doub, and Don Spero, Partner Elizabeth Chou, along with Senior Advisors Jim Shelton, Brit Kirwan, Josh Reibel, Russell Greiff and Ben Wallerstein. About New Markets Venture Partners Founded in 2003, New Markets Venture Partners is an early and growth stage venture capital firm that invests in impact-oriented education, information technology and business services companies. Its deep expertise across both K-12 and higher education enables the team to identify the most impactful companies and extend the reach of its portfolio to improve student outcomes at scale. For more information, visit: http://www.newmarketsvp.com.
News Article | February 28, 2017
FREDERICK, Md., Feb. 28, 2017 /PRNewswire/ -- Regent Education, the leader in automated financial aid management and enrollment optimization solutions, today announced it has completed an $8.5 million round of funding with participation from both new and existing investors, as well as...
News Article | February 23, 2017
FREDERICK, Md., Feb. 23, 2017 /PRNewswire/ --Regent Education, the leading provider of financial aid and enrollment management software solutions, recently elevated Jim Hermens to the role of CEO, succeeding Randy Jones. As CEO, Hermens will lead Regent's growth strategy and oversee a...
News Article | July 7, 2014
College enrollment and financial aid management tool Regent Education has raised $9 million in its latest round of funding to help colleges handle student enrollment and process the many ways they pay for school. “Increasingly, all types of institutions are turning to non-traditional enrollment models such as non-term, self-paced, and competency-based education to meet students’ changing needs,” Robb Doub, General Partner at New Markets Venture Partners, which has invested in the company, said in a press release. “Regent’s financial aid management system, Regent 8, is the only solution on the market today that can fully support these models.” The funding includes a $4 million raise in equity financing, with New Markets Venture Partners leading the round. New Markets has invested in a number of education tech startups, like Calvert Education Systems, which provides digital lessons for homeschooled kids, and news service Mashable. Ares Capital provided $5 million of debt financing. The company will use the funds to further develop its array of products for administrative tasks.
News Article | March 23, 2015
N2N Services, a leading technology company focused on the educational technology ecosystem, has recently entered into partnership with three companies, Instructure, DecisionDesk and Regent Education, to facilitate product integration. Kiran Kodithala, President and CEO of N2N Services, announced these partnerships on March 11th at SXSWedu. By partnering with N2N Services, these software developers and Software-as-a-Service (SaaS) providers gain the ability to use N2N’s experienced personnel and powerful software integration tools with their own products letting them gain a smoother, more connected user experience that allows for transaction monitoring and error management. N2N Services’ recently released Integration Cloud (NIC) allows education technology companies and institutions to easily and smoothly link together disparate systems that would normally require customized connections. The cloud-based integration platform uses turnkey integration, “concierge-style” to minimize the impact on companies’ and institutions’ staff and limited resources by eliminating the need for personnel trained in complex Enterprise Service Bus implementations. It also provides adaptors for commonly used systems such as Student Information Systems (SIS) and Learning Management Systems (LMS), as well as providing a platform for N2N to craft specialty adaptors for both legacy systems as well as more unique, non-standard systems. Most technologists will agree that the optimal way to integrate both SaaS and on-premise systems is to use an Enterprise Service Bus, coupled with adapters and process management, a task N2N is perfectly positioned to perform. Now, N2N's new partners gain access to this expertise allowing them to more easily link their own systems to those of their clients as needed. This gives N2N's partners the ability to function in a much more flexible fashion, and focus their resources on designing and improving their own products, leaving integration details to N2N. Instructure: The software-as-a-service (SaaS) company that created the innovative Canvas learning management system (LMS), Canvas Network, and Bridge, a learning and engagement platform for enterprises. DecisionDesk: The provider of an easy and flexible way to receive and review student applications, including management of application portfolios. Regent Education: The leading provider of software solutions designed to optimize the financial aid and enrollment processes for schools using BBAY and non-term enrollment models.
News Article | July 7, 2014
According to a press release, Regent Education, a Frederick, Maryland-based provider of financial aid management software solutions for higher education institutions, closed $9m funding round. The company closed a $4m Series C equity financing from New Markets Venture Partners and Chrysalis Ventures while Ares Capital Corporation provided $5m of debt financing. The company intends to use the funds to accelerate its growth. Founded in 2006 and led by Randy Jones, CEO, Regent Education provides a software-as-a-service financial aid management system, Regent 8, and a variety of other solutions for colleges to attract more students and manage the onboarding and administration of students more efficiently. The platform integrates with a variety of other systems that institutions use to manage their operations.
News Article | July 7, 2014
Here are the day’s funding stories: Online storage startup Box just raised $150 million from private-equity firm TPG, reports the Wall Street Journal. The investment firm was reportedly in talks with Box in June about potential funding. The funding comes ahead of the company’s initial public offering, which has already been pushed back. Box was slated for its IPO in April, but decided to hold off. This round of funding is much needed — the company spends a lot of money. According to its S-1 filing, it had a net loss of $168 million from the fiscal year that ended on January 31. From an email statement sent to VentureBeat: “Horizon Technology Finance Corporation, a leading specialty finance company that provides secured loans to venture capital and private equity backed development-stage companies in the technology, life science, healthcare information and services, and cleantech industries, today announced it led a $25 million venture loan for mBlox, Inc., the largest global provider of A2P (application-to-person) text messaging. The venture loan was fully funded at closing, with Horizon funding its commitment of $10 million. mBlox will use the funds to support its continued growth.” From a separate statement on the mBlox website: “mBlox, the largest global provider of application-to-person (A2P) text messaging, today announced the completion of a new capital raise of $43.5 million to fund the continued growth of its global business. … Armentum Partners advised mBlox during this round of financing. Comerica and Horizon Technology Finance Corporation (Nasdaq: HRZN) were among the participants, in addition to some of mBlox’s largest investors including Norwest Venture Partners, Scale Ventures, Avanti, Trident, Stratem and Saints Capital.” Read more on the mBlox website. Matterport, a startup that has designed a physical camera for creating three-dimensional models of rooms and a cloud service for storing and sharing models, has raised $16 million in new venture funding. The startup is one of many building technology that could lead to more immersive experiences for a wide range of applications. Amazon has incorporated 3D elements and motion sensing into its new Fire Phone. And Apple bought 3D imaging startup PrimeSense. It’s official: Keith Rabois’s new startup, Opendoor, has closed its first round of funding with $9.95 million. As VentureBeat first reported, the company quietly filed a legal document in late May, in the process revealing the company’s name and co-founder, Eric Wu. Now the company, which aims to help homeowners sell their houses with “just a few clicks,” is making its existence official. It’s also got a laundry list of big-name Silicon Valley investors. Read more on VentureBeat: With $10M and a long list of big-name investors, Opendoor is almost open for business College enrollment and financial aid management tool Regent Education has raised $9 million in its latest round of funding to help colleges handle student enrollment and process the many ways they pay for school. “Increasingly, all types of institutions are turning to non-traditional enrollment models such as non-term, self-paced, and competency-based education to meet students’ changing needs,” Robb Doub, General Partner at New Markets Venture Partners, which has invested in the company, said in a press release. “Regent’s financial aid management system, Regent 8, is the only solution on the market today that can fully support these models.” Read more on VentureBeat: Regent Education locks in $9M to help students enroll in college