Los Angeles-based EdVisorly raised a $13.3 million Series A to expand its AI platform that automates university admissions and transfer workflows. Breachway Capital led the round with participation from U.S. News & World Report, Lumina Foundation, Strada Education Foundation, Motley Fool Ventures, Juvo Ventures, and Zeal Capital Partners. The round brings EdVisorly’s total funding to about $22 million and reflects a valuation increase from prior rounds, according to Crunchbase News.
Funding Details
The company secured the round amid reduced venture investment in education technology. Global edtech funding reached just under $1.8 billion in the first half of 2026, below the $2.5 billion recorded in the first half of the prior year, per Crunchbase News.
Platform and Operations
EdVisorly’s EddyAI tool reads student transcripts, recalculates GPAs according to each institution’s rules, and matches credits against degree requirements. The software supports unofficial evaluations for applicants and official processing for registrars without determining admissions decisions. Founder and CEO Manny Smith launched the company in 2019 during his MBA at UC Berkeley after observing low community college transfer success rates.
Customer Base
EdVisorly serves more than 100 colleges, universities, and higher education systems under a B2B subscription model. Clients include Carnegie Mellon University, University of Connecticut, University of Massachusetts, and California State Polytechnic University, Pomona. The platform has supported over 250,000 students since inception, according to Crunchbase News.
