FAILDEX失樂園
中文

Navengage

The business, the turning points, and the decisions behind them.

Founded2020
FundingUS$1.3M
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Sections to complete:02 · 05

01 / WHAT IT BUILT

What the company did

Navengage was a Conshohocken, Pennsylvania-based edtech startup founded in April 2020 by Penn State alumni Andrew Strause (CEO), Dan Lordan and Colleen McBride. It built a mobile-first student engagement app that gathers a university's events, student organizations, campus resources and connections into one personalized platform to boost student engagement and retention; Penn State was one of its first customers, and it counted 15,000 student users. In September 2022 it raised a $1.3 million seed round led by Ben Franklin Technology Partners and Nelnet. Navengage was later acquired by Pathify, a higher education digital engagement hub, and now operates as an operating subsidiary.

02 / FAILURE REASONS

Pending assessment

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03 / EVENT HISTORY

Events in the structured record

  1. Founded and launched

    Penn State alumni found Navengage in April 2020; the student engagement app launches that fall with 15,000 users.

  2. Seed round

    On September 27, 2022 Navengage raises a $1.3 million seed round from Ben Franklin Technology Partners and Nelnet.

  3. Acquired

    Navengage is acquired by Pathify, a higher education digital engagement hub, and operates as an operating subsidiary (acquisition date not publicly pinned).

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

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Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN / AFTERMATH

Pending assessment

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