Scholarly Software
Overview
Scholarly Software, founded in 2023 by Rusty Cowher and Kelly Sutton, is a prominent player in the higher education sector. Based in Denver, Colorado, the company specializes in developing innovative faculty affairs software aimed at enhancing workflows and providing data-driven insights for faculty management. With a strategic focus on integrating with existing institutional systems, Scholarly Software has raised $4 million in seed funding to bolster its growth and reach.
Recent Developments
- March 2025: Scholarly Software announced several product updates, including new features like external reviewer and expertise tagging functionality, indicating their focus on continuous improvement and customer feedback.
- February 2025: A detailed blog post highlighted the company's commitment to security, announcing their SOC 2 Type II compliance, ensuring customer confidence in data protection measures.
- December 2024: Scholarly Software expanded its platform capabilities, integrating AI-driven tools to automate faculty lifecycle workflows and improve user experience.
- November 2024: The company reported a significant increase in user adoption, with feedback from academic institutions emphasizing improved satisfaction due to streamlined processes.
- October 2024: In response to market demand, Scholarly introduced a web-based extension to support its applications across various educational settings, enhancing accessibility and usability.
- September 2024: Participation in the SMU Institute of Innovation's incubation program showcased Scholarly Software's commitment to innovation and education sector transformation.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2023 |
| Headquarters | Denver, Colorado, USA |
| Founders | Rusty Cowher, Kelly Sutton |
| Revenue | Information not disclosed |
| Profits | Information not disclosed |
| Key Investors | Fractal Software, Range Ventures, Service Provider Capital |
| Industry | Education Technology |
| Number of Employees | Approximately 10 |
Early History
Scholarly Software was founded in 2023 by Rusty Cowher and Kelly Sutton, both of whom have extensive backgrounds in data management and software development. The idea for the company stemmed from the founders' desire to revolutionize faculty affairs management within higher education institutions. With a focus on integrating AI and data analytics, Scholarly Software aimed to create a sophisticated platform to centralize faculty data and improve administrative efficiency. The company's early journey involved building partnerships with key investors and collaborating with educational institutions to refine their product offerings.
Company Profile and Achievements
Scholarly Software has carved a niche for itself in the education technology sector by delivering a comprehensive faculty affairs platform. The company focuses on the following key areas:
- Data Integration: Seamlessly integrates with institutional systems like Banner and Workday, providing a unified source for faculty data management.
- AI-Powered Tools: Utilizes AI to automate faculty lifecycle processes, from hiring to performance evaluation, enhancing decision-making capabilities.
- Streamlined Workflows: Offers a user-friendly interface that simplifies complex administrative tasks, leading to improved institutional productivity.
- Market Expansion: Successfully raised $4 million in seed funding, enabling the expansion of their product line and market reach.
- Industry Recognition: Gained recognition for their innovative approach to faculty management, with positive feedback from partner institutions and industry peers.
Current Operations and Market Position
Scholarly Software currently operates primarily in the US education market, serving colleges and universities seeking to modernize their faculty management systems. The company's strategic initiatives include expanding its product offerings and enhancing customer support services to meet the evolving needs of academic institutions. With a strong emphasis on security and compliance, Scholarly Software positions itself as a reliable partner for educational administrators, aiming to grow its market share by leveraging its technological advancements and understanding of the education sector's challenges.
Conclusion
Scholarly Software has established itself as a key player in the education technology market, specifically in the realm of faculty management solutions. With its innovative approach to integrating data analytics and AI into educational workflows, the company addresses the critical needs of higher education institutions. As Scholarly Software continues to evolve, it is poised to expand its impact, potentially setting new standards in faculty administration and academic efficiency. With ongoing product enhancements and strategic partnerships, the company's trajectory indicates a positive future in shaping the landscape of educational technologies.