
Stellic
An integrated planning and advising platform that empowers today's students to seamlessly plan their semesters with the best-fit courses.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor investor | €0.0 | round |
investor | €0.0 | round | |
investor investor investor investor | €0.0 | round | |
* | $11.0m | Series A | |
Total Funding | 000k |
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | 25 % | 80 % | 70 % | 74 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Stellic offers a unified degree management platform for the higher education sector, designed to streamline academic planning and advising for students, faculty, and administrators. The company was founded in 2016 by Sabih Bin Wasi, Rukhsar Neyaz, and Musab Popatia. The idea originated from their own challenging experiences as students at Carnegie Mellon University, where they struggled to navigate complex degree requirements and course scheduling. This personal frustration led them to create a solution, initially a spreadsheet, which evolved into the comprehensive platform Stellic is today. The company's name is a tribute to Mark Stehlik, a Carnegie Mellon computer science advisor who was instrumental in guiding the founders.
The company's core business revolves around providing a SaaS platform to colleges and universities, which pay an annual per-student fee. This model allows institutions like the University of Chicago, Columbia University, and Johns Hopkins University to offer their students a modern interface for degree management. Stellic's platform integrates with existing university systems, such as student information systems (SIS) and learning management systems (LMS), to pull disparate data into one accessible location. This integration provides a holistic view of a student's academic journey. The platform serves various stakeholders on campus, including registrars, provosts, advisors, and CIOs, at institutions ranging from large public universities to small private colleges and community colleges.
Stellic's product suite is designed to address the entire student lifecycle, from prospective students to graduation. Key features include a 'Planner' for charting courses, 'Pathways' to visualize different degree programs, and a 'Degree Audit' to track progress in real-time. It also includes tools for advisors, such as 'Advise' for real-time collaboration and 'Reporting and Alerts' to identify at-risk students proactively. By enabling students to visualize the impact of adding a major or transferring credits, the platform helps them make informed decisions and stay on track for on-time graduation. For universities, this translates to improved student retention, better course demand prediction, and more efficient use of advisor time. The company has secured a total of $14.1M in funding over several rounds, including a $11M Series A in March 2022, led by Reach Capital.
Keywords: degree management, academic planning, student advising, higher education technology, degree audit, student retention, course scheduling, academic pathways, university administration software, student success platform, EdTech, SaaS, degree progress tracking, transfer credit evaluation, student information system integration, enrollment management, academic advising tools, university SaaS, student experience, graduation planning