Edusuite Reaches Its Target Angel Investment in Six Months’ Time

Graph showing Edusuite angel investment targets

The Edusuite angel investment target of 12 million was reached in six months’ time. This milestone brought the firm to its valuation of 65 million. CIIT’s Chairman of the Board, Niel Dagondon, co-founded Edusuite school management system.

For almost two years now, CIIT has been using this software to manage the school’s data systems. Since 2017, the AI-driven software has become a vital part of the school’s core processes, which include enrollment and data management. “Because of Edusuite, CIIT experienced a 24% increase on the average fees paid by each student as they were able to enroll in more subjects due to fewer schedule conflicts and more accurate prediction of the subjects we opened.” Mr. Sherwin O, CIIT President quoted.

Edusuite angel investment: Edusuite software team and investors

Photo Credit: The Edusuite team and Investors. Taken from: www.techinasia.com

Edusuite Partner Schools

As Edusuite improved CIIT enrollment system, students can now enroll for the next school year at their own comfort through CIIT online admission. Follow the guidelines found in the CIIT website. Then, complete the step through online payment methods. No more long queues and hours of waiting for you can now enroll at your preferred course within a few clicks. If you want to know more about Edusuite off-campus payment, you may send an email at info@ciit.edu.ph.

Besides CIIT, the Ateneo High School and five other client schools had been using this software since its launch last year. Further, Edusuite is looking forward to teaming up with more schools in the next few years to help them reshape school systems. The angel investment fund made all these efforts possible.

This startup firm started with the help of Department of Science and Technology (DOST). Since launching its campaign six months ago, it has received support from various angel investors. These groups include Manila Angel Investors Network (MAIN), Batangas Eastern Colleges (BES) and Sumulong College of Arts and Sciences.

Through this, the Edusuite angel investment target was reached in less than a year. This is just one of the many triumphs of this startup project. The business keeps on growing as more firms look into this helpful software. For more details about Edusuite software, visit Edusuite website or contact 02 693 5969.

Source: Adobo Magazine (2019, July 29)