Seattle, March 4, 2014 – Ravenna Solutions, a cutting-edge online admissions platform for K-12 schools, today announced that it has raised an oversubscribed $850k round of funding led by Alliance of Angels, with participation from other Seattle area angels.
Ravenna Solutions streamlines the admissions process for schools, students and parents. Millions of student applications are submitted each year, however it is tedious and exhausting for schools to collect, collate and review multiple application components from both electronic and paper-based sources. Ravenna Solutions solves this problem by providing a comprehensive online admission platform that includes an application submission portal for parents, a central repository for application documents, and online application review and decision management capabilities. By automating the online filing and tracking of forms, admissions departments are able to receive and file many application forms at once — effectively eliminating paper. In addition, reviewers can read completed applications online and add comments through an online application reader.
“Ravenna Solutions has done a tremendous job building a robust infrastructure that can be configured to support the unique requirements of a diverse community of schools,” said Yi-Jian Ngo, Managing Director at Alliance of Angels. “We were impressed by how much the team has accomplished with very limited resources, and look forward to helping the company extend their platform & accelerate their national expansion.”
After launching just over a year ago, Ravenna Solution’s platform is already deployed in nearly 40 schools from 5 states, with multiple cities planning region-wide implementations for 2014.
“Our customers tell us that our platform has changed the way admission is done,” said Linda Haitani, Founder and CEO at Ravenna Solutions. “As word has spread in the school community, we are being overwhelmed by queries from all around North America. This funding will help us scale our organization to meet market demand.”
About Ravenna Solutions
Ravenna Solutions provides a cutting-edge online admissions platform for K-12 schools in North America, driving significant financial and process efficiencies and improving decision management in the applicant review process. To learn more, visit www.ravennasolutions.com
About Alliance of Angels
Alliance of Angels is the premier angel group in the Pacific Northwest, comprising more than 100 investors who fund and mentor early stage companies. It is recognized as one of the most active angel groups in the nation, having invested over $80 million in more than 200 early stage companies since 1997. To learn more, visit www.allianceofangels.com