The student aid service has been bought by CampusLogic after raising more than $31m from investors including Salesforce Ventures.

Enterprise software producer Salesforce exited RaiseMe, the US-based operator of an online student aid platform, through an acquisition of undisclosed size by student finance management service CampusLogic yesterday.

Founded in 2012, RaiseMe operates an online platform where universities can make contact with students from disadvantaged backgrounds and provide financial aid based on achievements they post.

The deal comes after more than $31m in funding for the company, which secured $15m in a July 2018 series B round led by venture…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.