BOSTON, MA – January 7, 2025 – PSG, a leading growth equity firm that specializes in partnering with software and technology-enabled service companies to help navigate and capitalize on transformational growth, has announced a strategic growth investment in Campus Ivy, CourseKey, and Verity IQ, who together will create a unified, end-to-end technology suite for career-focused and vocational education providers.
Career and trade schools face a variety of challenges, from addressing workforce demands and managing compliance and funding, to demonstrating measurable outcomes. At the same time, non-traditional learners must navigate balancing their education with life responsibilities, financial pressures, and the need to see clear returns on their investment.
The combined strengths of CourseKey (Student Mobile App & Retention Platform), Verity IQ (provider of CRM and Student Information Systems (SIS)), and Campus Ivy (Financial Aid Services and Software) help tackle these challenges head-on. Together, these platforms create a one-stop shop for schools to streamline operations, close critical gaps, and empower institutions to directly improve student outcomes.
“By integrating Verity IQ’s CRM and SIS, Campus Ivy’s financial aid expertise, and CourseKey’s student success platform, we are delivering a comprehensive suite that aims to empower schools to manage the entire student lifecycle and drive measurable outcomes,” said Marco Ferrari, Managing Director at PSG.
A Platform Designed for Modern Student Success
Campus Ivy helps institutions transform their financial aid administration with a focus on the student experience to help improve financial aid efficiency and compliance for institutions and students across three offerings: (1) cloud-based financial aid automation software, including a user-friendly interface for students to access important information related to their awards (2) outsourcing services, encompassing processing, packaging and file review, reconciliation, and verification; and (3) professional services for expert guidance in federal student aid management, from compliance audits to Title IV training, and more.
Verity IQ’s solutions, including “Verity Dialog CRM” and “Verity Student SIS,” help higher education institutions manage the entire student lifecycle. The CRM facilitates multi-channel communication for student recruitment and retention and guides prospective students through the admissions process with paperless and e-signature workflow automation. The SIS tracks student attendance, academic progress, documents, as well as student account ledgers, supported by digital payment processing for tuition and fees, in addition to capturing progress to graduation and post-grad job placement.
Luke Sophinos, CEO of CourseKey, shared, “Joining PSG as a platform investment, alongside Verity IQ and Campus Ivy, helps accelerate our goal of delivering a one-stop shop software suite for vocational schools. We’re empowering students to gain valuable skills and fill mission-critical jobs across our nation’s most vital industries — transportation, healthcare, construction, and more. Together, we can help millions of students attain fulfilling, well-paying careers that truly move our country forward.”
About PSG
PSG is a growth equity firm that partners with software and technology-enabled services companies to help them navigate transformational growth, capitalize on strategic opportunities and build strong teams. Having backed over 140 companies and facilitated over 500 add-on acquisitions, PSG brings extensive investment experience, deep expertise in software and technology, and a firm commitment to collaborating with management teams. Founded in 2014, PSG operates out of offices in Boston, Kansas City, London, Madrid, Paris and Tel-Aviv. For more information, visit www.psgequity.com.
About CourseKey
CourseKey is a student success platform specializing in vocational education. The software suite helps career-training organizations maintain compliance, boost retention, and improve the student experience.
About Verity IQ
Verity IQ provides CRM and Student Information Systems (SIS) solutions tailored to trade schools, vocational institutions, and non-traditional education providers. With its integrated platform, Verity IQ helps schools manage student lifecycles, from recruitment and enrollment to graduation and placement.
About Campus Ivy
Campus Ivy delivers financial aid software and managed services that simplify compliance, processing, and disbursement for educational institutions. Campus Ivy’s technology streamlines complex financial aid workflows, empowering schools to focus on student success.
Media Contacts
PSG
Jackie Ryan
pro-psg@prosek.com
CourseKey / Verity IQ / Campus Ivy
Natalie Gleason
natalie@verityiq.com
