Announcing Our Series Seed Fundraise

Summary

Scholarly Software, Inc. has announced a $3M Seed round to further its mission of transforming faculty and administrative workflows in higher education with modern, AI-powered software. Founded by Rusty Cowher and Kelly Sutton, Scholarly addresses long-standing pain points such as manual data entry, inefficient workflows, and lack of reliable faculty data. The platform aims to automate processes, unlock institutional data, and improve the daily experiences of faculty and administrators. Scholarly’s commitment to innovation, customer experience, and responsible use of technology is underscored by strong early customer enthusiasm and support from notable investors including Range Ventures, Bienville, Service Provider Capital, and Kleiner Perkins scout Iheanyi Ekechukwu. The new funding will help scale the team and operations to meet growing demand in the higher ed market.

Who founded Scholarly and why? * Scholarly was founded by Rusty Cowher and Kelly Sutton to address the inefficiencies and frustrations that faculty and administrators face with outdated higher education software (Rusty Cowher, Kelly Sutton).
What problem does Scholarly solve? * Scholarly provides a unified platform to automate workflows, streamline data entry, and deliver reliable faculty data, reducing the manual effort required to support the faculty lifecycle.
How much funding did Scholarly recently raise and from whom? * Scholarly raised $3 million in a Seed round, with investors including Range Ventures, Bienville, Service Provider Capital, Kleiner Perkins scout Iheanyi Ekechukwu, and several strategic angels.
What is Scholarly’s vision for higher education? * Scholarly is committed to leveraging modern software and AI to empower higher education institutions, improve faculty and administrator experiences, and provide an exceptional customer experience.
How can interested institutions learn more or get started? * Institutions can book a demo or learn more about Scholarly’s features and solutions at scholarlysoftware.com.

“We founded Scholarly because we believe in the mission of higher ed and know there is a better way forward.” – Rusty Cowher & Kelly Sutton, Co-Founders

Ready to unlock the power of your faculty data and automate your workflows? Book a demo with Scholarly today.

Sep 1, 2024

Scholarly is excited to announce its $3M Seed round.

Almost a year and a half ago, Rusty Cowher and Kelly Sutton decided to launch Scholarly to build a modern and dynamic faculty software platform to address major pain points in higher education. Higher ed has long been underserved by modern software, and we constantly heard from faculty and administrators that they were dissatisfied with their current options.

For faculty, manual data input was tedious and they had no patience for dealing with arcane software interfaces on top of their already heavy workloads. Admins were managing complex workflows with spreadsheets and heroic workarounds. And institutional leaders could not get their hands on reliable data about their faculty. In short, it required a tremendous amount of manual effort to effectively support the faculty lifecycle.

We founded Scholarly because we believe in the mission of higher ed and know there is a better way forward. In one platform, we are aiming to address all of these challenges and to provide an amazing customer experience. We're committed to innovation and to leveraging modern software and AI to empower our customers.

We're here to stay and we're energized about the future for Scholarly and for higher ed. We’re seeing incredible enthusiasm from our customers and in the market, and this funding round will enable us to scale our team and our processes to grow with customer interest.

Kelly and Rusty have so much gratitude for our founding team. We’re very lucky to get to build Scholarly with such a great group of human beings.

A sincere thank you to our early customers who believe in our mission and who have been amazing partners. We’re also grateful for the support of our investors, including Range Ventures, Bienville, Service Provider Capital, Kleiner Perkins scout Iheanyi Ekechukwu, and the strategic angels who also contributed to our Seed round.