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Startup helping colleges prevent dropouts lands funding without sacrificing equity

Mar 01, 2017 - Columbus Business First (Ohio)

An early-stage software company that makes college student advisers' jobs more efficient so they have more time for actual counseling is using a jump in revenue helped by a 10-school federal grant toward product improvements and a sales push.

Aviso Retention's 2016 sales were about 2.5 times that of 2015 - even before the grant launched; dollar amounts are are not disclosed. The company, which backs up its software with consulting, is profitable but reinvesting all of it in hiring as it ai...