Pathify Secures $25 Million in Growth Equity Funding

Strategic Investment to Drive Technological Innovation and Fuel Pathify's Continued Rapid Growth in the Higher Education Sector

DENVER, Feb. 12, 2025 /PRNewswire/ -- Pathify, a leading digital engagement hub for higher education, today announced it has raised $25 million in a minority investment from Five Elms Capital, a leading software investment firm.

The funding will fuel Pathify's technology innovation including rapidly expanding its critical vendor agnostic integration library and further accelerate its remarkable 544% growth trajectory in the past three years. In addition, the company plans to leverage the new funding to enhance its platform capabilities as well as add new products, expand its customer base and drive broader adoption across the higher education landscape.

"This latest round of funding marks the beginning of a pivotal period for Pathify as institutions increasingly prioritize technology solutions that deliver measurable ROI while enabling meaningful experiences for students, faculty and admin," said Chase Williams, CEO and co-founder of Pathify. "Partnering with Five Elms positions us to continue redefining the campus digital engagement experience and solidifying Pathify as a category leader."

Five Elms Capital, known for its investments in high-growth B2B software companies, is excited to support Pathify's mission. "Pathify is revolutionizing the way higher education institutions engage their constituents, driving deep customer connections and long-term platform stickiness," said Stephanie Schneider, Partner, Five Elms Capital. "Their growth reflects the increasing demand for more connected, user-centric digital solutions that enhance engagement while replacing multiple point solutions at an institution. We are thrilled to partner with Chase and the Pathify team as they scale their platform and redefine digital engagement."

As the most widely-used, non-Student Information System (SIS), system-agnostic student portal and digital experience hub, the platform now serves over 2 million unique lifetime users across nearly 200 global institutions. Pathify has also experienced significant team expansion, growing its workforce by 25% over the past year to support its rapid scaling efforts and commitment to delivering highly effective digital engagement solutions for higher education institutions.

About Pathify
Obsessed with making great technology while developing incredible long-term relationships with customers, Pathify remains hyper-focused on creating stellar experiences across the entire student lifecycle — from prospect to alumni. Delivering cloud-based, integration-friendly software designed to drive engagement, Pathify pushes personalized information, content, and resources to the right people, at the right time — on any device. Led by former higher ed executives, entrepreneurs, and technology leaders, the team at Pathify focuses every day on the values Impact, Wit, Contrast, Technique and Care.

Learn more at pathify.com.

About Five Elms Capital

Five Elms is a growth investor in software businesses that users love, providing capital and resources to help companies accelerate growth and further cement their role as industry leaders.

With $3 billion in assets under management and a global team of over 75 professionals, Five Elms has invested in more than 70 software platforms globally. The firm's operational value creation team supports the portfolio, working alongside companies to accelerate growth, build out executive teams, increase customer retention, improve sales & marketing efficiency, upgrade analytical infrastructure, and expand into new markets.

For more information, visit fiveelms.com.

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SOURCE Pathify