Overview

Interfolio provides a Faculty Information System (FIS) that helps manage academic careers and institutional data for the higher education sector. Its main product, Dossier, is an online platform where scholars can organize their academic materials, request confidential letters of recommendation, and prepare for evaluations, making it easier for them to apply for jobs, grants, or tenure. Another key product is the Faculty Activity Reporting module, which uses data to help institutions create CVs, workload reports, and accreditation documents. Additionally, Interfolio offers the Researchfish platform for assessing the impact of research investments. The company operates on a subscription model, charging institutions and individual scholars for access to its services. Interfolio aims to empower the academic community by providing tools that enhance academic careers and improve institutional effectiveness.

Simplify's Take

What believers are saying

• Growing demand for cloud-based solutions in higher education benefits Interfolio's SaaS offerings.
• Universities' focus on data-driven decisions aligns with Interfolio's analytics tools.
• Increased interest in faculty development boosts demand for Interfolio's Faculty Information System.

What critics are saying

• Emerging EdTech startups offer similar solutions at lower costs, threatening market share.
• Rapid technological advancements may outpace Interfolio's current systems.
• Stricter data protection regulations could impact Interfolio's operations.

What makes Interfolio unique

• Interfolio offers the first holistic Faculty Information System for academic careers.
• The Dossier platform centralizes scholarly materials and recommendation letters for academics.
• Interfolio's Researchfish platform measures research impact for funders and organizations.

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Funding

Total Funding

$14.9M

Meets

Industry Average

Funded Over

2 Rounds

$13,000,000

Series A

Jan 2016

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.

Series A Funding Comparison

Below Average

Industry standards

Ind Avg. $15M

$3.7M

$5M

$8.2M

$13M

$15M

$30M

View all funding stages