Authentica Solutions: Education-Focused Data Integration Company Raises $6.2 Million

By Amit Chowdhry • Jul 1, 2024

Authentica Solutions, a leader in data integration and intelligence management solutions for the education sector, announced the successful completion of a $6.2 million Series Seed funding round led by Owl Ventures.

The company’s Education Intelligence Platform called Authentica seed empowers stakeholders across the education ecosystem by providing the flexibility, security, and clear data ownership.

This funding will further Authentica Solutions’ goal to accelerate from data management to intelligence management while making substantial advances toward solving interoperability in the education sector. Authentica’s mission is to enable institutions to unlock the full potential of their data investments to achieve actionable decisions. And Authentica accomplishes this through exceptional integration, automated data quality improvement, and top-tier data management and provisioning within a secure single source of intelligence.

The education community has been dynamic and dramatically changed since COVID with a focus on serving K -12 school districts, higher education at all levels, departments/ministries of education, ed-tech software providers (enterprise and web-based), systems integrators, and key strategic partners. And the importance of having explicit clarity in the development of an exceptional ecosystem focused on academic growth, coupled with solutions that empower true data ownership for customers is clear.

This funding round will enable the team to scale operations, invest in R&D, and broaden their reach to more institutions and EdTech partners seeking innovative data solutions. And Authentica Solutions is also innovating in advanced research with a project currently in stealth mode: Authentica reach.

Authentica reach will be an enterprise platform built directly upon the Authentica seed platform, enabling K12 institutions with advanced intelligence, accessibility, and an AI-driven system to support all individuals involved with students with diverse needs.

KEY QUOTES:

“We are thrilled to partner with Owl Ventures as we continue our journey to transform data interoperability in education. We believe the experience and expertise from the Owl team will further empower our customer-centric culture and help us expand our solutions designed to transform how the education ecosystem manages their intelligence.”

“A foundational principle behind the design of the Authentica seed platform is to ensure educational institutions have complete control and ownership over their data. We can deliver these capabilities by bringing proven, enterprise-level cloud technologies from the commercial world to propel learning intelligence.”

“Authentica has such a deep background, backed by an amazing team. Working to solve insanely complex challenges in education. The market is ready for an enterprise cloud solution that can satisfy the never-ending demand for interoperability and quality of data to deliver actionable analytics and the responsible use of artificial intelligence (AI).”

  • Russell Long, co-founder and CEO of Authentica Solutions

“We are excited to partner with Authentica Solutions and support their innovative approach to data management in education. Their commitment to delivering exceptional value aligns perfectly with our mission to invest in companies that are shaping the future of education.”

  • Amit Patel, managing director of Owl Ventures

“With this investment we are poised to accelerate advancements in our platform, driving greater efficiency and insights for educators, administrators, and students. Our goal is to create a seamless and secure data ecosystem that supports the diverse needs of the education community and its partners.”

  • Gene Garcia, co-founder and CTO of Authentica Solutions

“We’re thrilled to deepen our relationship with Authentica and assist leadership with international expansion through our own platform in Asia.” 

  • Liam Pisano, Managing Partner at EduLab Capital Partners

“We also recognize an early investor and contributor, the late Steve Liffick. His contributions and vision for serving the education space globally will continue to live forward through those of us he influenced directly.”

  • Long and Garcia