Degree Analytics, a leader in data-informed campus solutions, announced the close of a $5 million funding round led by LiveOak Ventures. This investment will drive the development and rollout of its facilities optimization platform, empowering colleges and universities to unlock new efficiencies, cut costs, and enhance student experiences by harnessing real-time data insights.
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Since its inception in 2017, Degree Analytics has become the #1 Space Occupancy platform in higher education. Each week, it processes billions of data points from multiple campus systems in real-time, delivering actionable insights to over 50 universities across the United States. Degree Analytics equips administrators to make meaningful, people-centered decisions that enhance campus operations and experiences, from pinpointing underutilized spaces to enabling smarter energy management.
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āThis funding represents a pivotal step in our mission to support higher education,ā said Aaron Benz, Founder & CEO of Degree Analytics. āOur platform goes beyond providing dataāit clarifies the complexities of campus space utilization, allowing leaders to make informed decisions that reduce costs, improve sustainability, and enrich the student experience. At Degree Analytics, we pride ourselves on going beyond the numbersāwe partner with institutions to deliver results that matter.ā
Partnering with institutions like the University of Kentucky, Degree Analytics has earned a reputation for delivering tangible improvements. Erik Jarvis, the university’s Smart Campus Lead, described their experience as follows: āDegree Analytics doesnāt just provide dataāthey guide us in translating it into real-world impact. With their help, weāve shifted from abstract discussions to actionable insights that improve everyday campus life.ā
As institutions face increasing pressure to optimize resources, data-informed insights have become essential for strategic decision-making. āIn a fiscal environment where new construction and capital investments are challenging, as well as when aligning with a business mentality focused on returns on investment, it is critical to understand actual utilization patterns reinforced by data. Degree Analytics allows us to leverage the power of real-time data in our real estate planning designs,ā said Jon Bates, Assistant Vice President, Real Estate & Space Administration at the University of Central Florida.
This focus on innovation has made Degree Analytics a trusted strategic partner for institutions nationwide. By leveraging advanced analytics and machine learning, the platform adapts to the unique needs of each campus, ensuring optimal space utilization while promoting engagement and community.
Krishna Srinivasan, founding partner at LiveOak Ventures, said, āDegree Analytics has created a truly innovative platform that addresses one of higher educationās most pressing challenges ā how to do more with less in a dynamic but increasingly constrained environment. The success that the company has had with dozens of institutions in a short period of time in the past year is a testament to how perfectly Aaron Benz and team have nailed the product and delivered answers to complex questions around campus space planning and optimization.ā
About Degree Analytics
Degree Analytics provides actionable, data-informed solutions for higher education institutions, empowering leaders to make informed decisions about facilities management and student engagement. With advanced analytics and real-time data, Degree Analytics transforms how campuses manage their spaces, drive energy savings, and improve the overall student experience.