CampusTap

CampusTap was established in 2012 by co-founders Remy Carpinito, who served as CEO, and Alan Wilhelm, the CTO. Initially conceived to replace student ID cards with NFC technology, the company pivoted after realizing the market wasn't ready. This strategic shift led to the development of a software-as-a-service (SaaS) platform designed for the higher education market.

The firm's core business was providing colleges and universities with a private career networking and alumni mentoring platform. The platform was engineered to bridge the gap between career services and alumni relations departments within these institutions. It functioned as a social networking community where students could connect with alumni for mentorship, discover relevant job opportunities, and find groups aligned with their professional and academic interests. For its institutional clients, such as Suffolk University and MIT, CampusTap offered valuable data aggregation and insights into student trends, with the goal of improving student retention and job placement rates. The business model was based on selling its SaaS platform directly to colleges.

Throughout its operation, CampusTap secured approximately $1.65 million in funding over several rounds, with investors including MassChallenge and Dutchess Capital. A significant milestone was the acquisition of its alumni relations and career services assets by Graduway in June 2018. This event marked an acqui-hire, integrating CampusTap's technology and client base into Graduway's larger network of alumni engagement platforms.

Keywords: career networking, alumni mentoring, higher education technology, student engagement platform, SaaS, EdTech, mentorship opportunities, job placement, student retention, career services, alumni relations, social networking, student data analytics, MassChallenge, Graduway acquisition, Remy Carpinito, Alan Wilhelm, university software, professional development, student career path