The company, which operates a self-service platform for financial aid aimed at students, raised the money in a round backed by Great Lakes Higher Education.

US-based student financial aid provider CampusLogic closed a $7.5m series A round on Friday featuring a strategic investment by student loan provider Great Lakes Higher Education.

University Ventures, Select Venture Partners and Peak Venture Capital also participated in the round, which was led by investment firm Continential Investors. Unnamed investors that had previously purchased an undisclosed amount of convertible notes also converted them in the round.

CampusLogic has developed a cloud-based self-service financial aid platform for students. The tool verifies…