Socratic Ventures Portfolio
Acadeum (Austin, TX)
Acadeum's mission is to expand options for students in higher education by leveraging the full power of interconnected networks. Acadeum unlocks underutilized online resources across higher education to give every learner choice and opportunity. This allows higher education institutions to retain students and increase revenue.
Socratic Ventures incubated and ultimately co-founded Acadeum, formerly College Consortium, in 2015 and 2016 based on a belief that the factory of college needed the technology to adapt to the needs of today's learner in real time.
The Queen’s English (North Shields, UK)
The Queen’s English is a UK company that teaches students to speak English online. We also have the world’s first practice app that gives live feedback on free speech in English.
We have been selected and supported as an outstanding education intervention by Peter Thiel and Tyler Cowan’s Emergent Ventures, GSV, the London Mayor’s business programme, the Asian Venture Philanthropy Network and the Indian National Skill Development Corporation.
New Apprenticeship (San Antonio, TX)
New Apprenticeship partners with leading employers to develop highly skilled, diverse early career-tech talent via an integrated apprenticeship program. This approach empowers the entire communities to develop technical and leadership skills where traditional career pathways are non-existent. Our goal is to transform the lives of apprentices and fundamentally change the way tech talent is developed over the next decade.
MeasureOne (San Francisco, CA)
MeasureOne is a pioneer in academic data analytics with expertise in transcript capture, processing, and predictive analytics. By leveraging our knowledge of accessing and analyzing transcript information, we developed a secure, consumer-permissioned data sharing platform, giving consumers control to share their data and businesses access to academic information.
We are the first-of-its-kind CONSUMER-PERMISSIONED ACADEMIC DATA SHARING platform serving businesses in all markets.
We built MeasureOne to unlock the power of academic data.
Socratic Ventures led MeasureOne's first institutional round in 2015, after many years working with the founding team informally, once we started to see the power of what accessing academic data could do.
Meritize (Frisco, TX)
Meritize works with students, educators, and employers to build skills-based careers by offering:
Awareness: Information on quality, skills-based training opportunities and careers
Access: Merit-based funding that improves financing options by including academic, military, and work achievements in the credit evaluation
Advancement: Customized talent acquisition programs designed to solve employer skills gaps and help trainees build careers
Meritize looks beyond FICO scores and uses an individual’s previous achievements to improve funding opportunities. Even students who may lack a co-borrower can improve their loan options by sharing academic transcripts, military experience and work history.
Socratic Ventures invested to help launch Meritize in 2017 believing student loans should be available based on who a student can be, not just what a credit score says about who she or her parents/grandparents are today.
Vault (Austin, TX)
Vault’s product suite boosts employee morale, hires employees faster, and retains top employees longer by using Vault Advisor, Vault Pay, and Vault Match to quickly deliver secure, easy-to-use student loan assistance benefits to your employees. Customizable contribution plans and on-demand employer dashboards let employers track the real-time benefits of each program.
Vault Advisor: a universal view of an employee’s student loan situation and ways to explore how the employee can adjust their repayment plans
Vault Pay: a streamlined tool that allows employees to receive monthly or one-time student loan
payment contributions from their employerVault Match: employees can take advantage of their employer’s 401(K) matching program when they make payments toward their student loans
Socratic Ventures co-founded Vault in 2013 because someone should have already built this business and we wanted to see a company break down the wall.