Authentica Solutions™, a leader in data integration and intelligence management solutions for the education sector, today announced the successful completion of a $6.2 Million Series Seed funding round led by Owl Ventures, the largest EdTech focused venture capital firm globally. The company’s Education Intelligence Platform, Authentica seed™, empowers stakeholders across the education ecosystem by providing the flexibility, security, and clear data ownership needed to support their evolving technology investments that drive learning outcomes.
The infusion of capital will further Authentica Solutions’ mission to accelerate from data management to intelligence management, while making substantial advances toward solving interoperability in the education sector. Authentica’s mission is to empower institutions to unlock the full potential of their data investments to achieve actionable decisions. Authentica accomplishes this by enabling exceptional integration, automated data quality improvement, and top-tier data management and provisioning within a secure single source of intelligence.
“We are thrilled to partner with Owl Ventures as we continue our journey to transform data interoperability in education,” said Russell Long, co-founder and CEO of Authentica Solutions. “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.”
The education community is very dynamic and has dramatically changed since COVID with a focus on serving K-12 school districts, higher education at all levels, departments/ministries of education, edtech software providers (enterprise and web based), systems integrators, and key strategic partners. 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 our customers is clear.
“A foundational principle behind the design of the Authentica seed™ platform is to ensure educational institutions have complete control and ownership over their data,” noted Long. “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,” noted Long, “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).”
Owl Ventures, known for its extensive portfolio of leading EdTech companies and with over $2 billion in assets under management, recognized the transformative potential of Authentica Solutions’ team and experience. “We are excited to partner with Authentica Solutions and support their innovative approach to data management in education,” said Amit Patel, managing director of Owl Ventures. “Their commitment to delivering exceptional value aligns perfectly with our mission to invest in companies that are shaping the future of education.”
“With this investment we are poised to accelerate advancements in our platform, driving greater efficiency and insights for educators, administrators, and students,” added Gene Garcia, co-founder and CTO of Authentica Solutions. “Our goal is to create a seamless and secure data ecosystem that supports the diverse needs of the education community and its partners.”
As Authentica Solutions expands its impact, the company remains dedicated to its core values of servant leadership, high accountability, and ethical principles. The new funding will enable the team to scale operations, invest in research and development, and broaden their reach to more institutions and EdTech partners seeking innovative data solutions.
Looking to the future, 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, empowering K12 institutions with advanced intelligence, accessibility, and an AI-driven system to support all individuals involved with students with diverse needs.
Authentica Solutions is excited to continue the journey with EduLab Capital Partners who also participated beyond their initial November 2023 investment as part of the Series Seed closing. “We’re thrilled to deepen our relationship with Authentica and assist leadership with international expansion through our own platform in Asia,” said Liam Pisano, Managing Partner at EduLab Capital Partners.
Long and Garcia also commented, “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.”
