Mainstay
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 7.5m | 13.3m | 16.3m | 16.3m | 16.3m |
% growth | - | 77 % | 23 % | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $118k | Seed | |
N/A | $730k | Convertible | |
$3.0m | Seed | ||
$100k | Seed | ||
$2.4m | Series A | ||
* | $5.1m | Series A | |
$14.0m | Series B | ||
Total Funding | AUD39.3m |
Related Content
Recent News about Mainstay
EditAdmitHub is a pioneering company in the higher education sector, offering an AI-driven mobile messaging platform designed to enhance student success. The company serves colleges and universities across the United States, helping them to improve student engagement, boost enrollment, and support retention. AdmitHub's core product is an AI advisor that provides 24/7 conversational support to students, guiding them through the complexities of college life. This platform leverages artificial intelligence to deliver personalized, timely, and relevant information to students, ensuring they receive the support they need when they need it most.
AdmitHub operates in the higher education market, targeting institutions that are looking to improve their student support services and outcomes. The business model is primarily subscription-based, with colleges and universities paying for access to the platform and its features. Additional revenue streams may include consulting services and customized solutions tailored to the specific needs of individual institutions.
The company makes money by offering its AI platform on a subscription basis, providing ongoing support and updates to its clients. This recurring revenue model ensures a steady income stream while allowing AdmitHub to continuously improve and expand its services.
Keywords: AI-driven, mobile messaging, student success, higher education, enrollment boost, student engagement, 24/7 support, personalized guidance, subscription model, consulting services.