Funding Fuels Next-Gen Campus Planning Platform, Delivering Real-Time Insights to Optimize Facilities, Cut Costs, and Improve Student Experiences

January 23, 2025 09:00 AM Eastern Standard Time

AUSTIN, Texas–(BUSINESS WIRE)–Degree Analytics, a leader in data-informed campus solutions, announced today 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.

“This funding represents a pivotal step in our mission to support higher education”Post this

Since its inception, 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.

“This funding represents a pivotal step in our mission to support higher education,” said Aaron Benz, Founder & CEO of Degree Analytics. “Our platform goes beyond providing data—it 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 numbers—we partner with institutions to deliver results that matter.”

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: “Degree Analytics doesn’t just provide data—they guide us in translating it into real-world impact. With their help, we’ve shifted from abstract discussions to actionable insights that improve everyday campus life.”

As institutions face increasing pressure to optimize resources, data-informed insights have become essential for strategic decision-making. “In 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,” 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, “Degree Analytics has created a truly innovative platform that addresses one of higher education’s most pressing challenges – 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.”

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.

About LiveOak Ventures

LiveOak Ventures is an early-stage venture capital firm based in Austin, Texas. With over 23 years of successful venture investing in Texas, the founders of LiveOak have helped create nearly $5 billion of enterprise value. While almost all of LiveOak’s investments begin in the early stages, LiveOak is a complete life cycle investor focused on technology and technology-enabled service companies. With nearly $500M under management, LiveOak has led investments in 60 high-growth Texas-based companies, including DISCO (NYSE: LAW), Eventus, AmplifAI, Homeward, SchooLinks, Take Command Health, and Osano. Recognized as the Venture Capital Firm of the Year at the inaugural A-List awards by the Greater Austin Chamber of Commerce, LiveOak is dedicated to supporting local founders, fostering the next generation of leaders, and building category-dominating companies.

Contacts

Media Contact:
Julianna Giraldo
512-966-2423
julianna@liveoak.vc

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