Boston-based Mentorship Startup Mentor Collective Raises $3M Funding Round Led by Lumina Foundation

Boston-based Mentorship Startup Mentor Collective Raises $3M Funding Round Led by Lumina Foundation

Boston-based Mentor Collective, the technology platform that powers mentorship programs for colleges and universities, has raised $3 million in a funding round led by Lumina Foundation, an independent, private foundation in Indianapolis that is committed to making opportunities for learning beyond high school available to all.

The round also saw participation from IU Ventures, Strada Education Network, 10x Impact, EduLab Capital Partners, and Emerge Education.

Founded in 2014 by James Lu Morrissey and Jackson Boyar, Mentor Collective aims to make life-changing relationships a feature of every student’s college experience. To realize this, the startup partners with institutions that are committed to equity, inclusion, and relationship-centered education. Based on research that mentorship is essential to successful student outcomes, the company helps universities activate intentional relationships between their students, alumni, and employer communities.

Mentor Collective’s proven process and technology platform have catalyzed more than 30,000 mentoring relationships and are being used by more than 60 colleges across the nation.

Speaking about the importance of mentorship and its association with university partners, Jackson Boyar, Co-Founder and CEO of Mentor Collective, said,

“At a time when mentorship has been proven to be essential to both increased graduation rates and the ongoing professional success of college graduates, we are pleased to work with so many forward-thinking university partners to help them better activate their students and alumni communities.”

James Lu Morrissey, Co-Founder and COO of the company, supplemented saying “Our programs have been proven to drive measurable results for university partners and their students. With the support of our mission-driven investors, we will continue to help learners and institutions engage previously untapped networks of social capital.”

Lauding the works of Mentor Collective and its interest of investing in the company, Jamie Merisotis, President and CEO of Lumina Foundation, also commented saying,

“By helping universities connect every student with a mentor, Mentor Collective is paving the way for greater student success in college and beyond.”

“Mentor Collective aligns with our mission of investing in entrepreneurs who are helping to improve student outcomes in education after high school. We are excited to join the Mentor Collective team as they enter this next phase of growth.”

Mentor Collective provides mentorship throughout the student lifecycle. It designs mentorship programs for such as First-year experience, Career Development, Adult & Online Learners, and Alumni network. The company has the mission and set the goal to create 100,000 mentorships by 2020.

Img Src

About the Author
Author: Stephen Soulunii
Stephen Soulunii No more a student, but love to learn. Not a teacher, but care about how students are taught. Not an educator, but want everyone to be educated. Not a social worker, but desire to see change. Not a reformer, but always want to see a better world. The author believes that only sound education can bring a better future, better world and technology can help achieve a lot in this field.

Like what we do?

The Latest EdTech News To Your Inbox

Follow us:



About ETR Community

EdTechReview (ETR) is a community of and for everyone involved in education technology to connect and collaborate both online and offline to discover, learn, utilize and share about the best ways technology can improve learning, teaching, and leading in the 21st century.

EdTechReview spreads awareness on education technology and its role in 21st century education through best research and practices of using technology in education, and by facilitating events, training, professional development, and consultation in its adoption and implementation.


-> Read More

Join the EdTech Community

Subscribe and Join the 100,000+ members who trust us...

I find every news, reviews very informative and interesting. This site is indeed a great site for both teachers and learners. Thanks to EdTech for creating such an enriching site on education. Hats off!!
- Regin Brown, Educationist and Blogger, United Kingdom

My group likes this site because it's so up-to-date and has tons of relevant articles.
- Angela Giuliano, Teacher, New Mexico

Your write ups and articles ignites the minds making them receptive to the whole new wealth of EdTech.
- Jagat Rana, Parent, India

EdTechReview has some great resources for teachers who need to get some ideas about technology in the classroom.
- Loretta Wideman,Teacher, East Africa

EdTechReview keeps educators up to date with trending tech savvy terms relative to the discipline.
- Dr. Ingrid Rizzolo,Education Professional, Curriculum and Instruction Designer, New York City Area

-> Read More

Go to Our Client List

Adobe Avaya Bettasia Bonio Campus Management CK12 CKS Evernote IBM Intel IQPC Kidzania McGraw Hill Moodle Moot USC Rossier CMR University The British School Canadian International School Pathways Ridge Valley

Subscribe to our Newsletters...