Stellic: Why We Invested

By Tasha Seitz

Even before the pandemic, 1 in 3 students that started college in the US did not end up finishing their degree. As colleges and universities face decreasing enrollment, they are experiencing more financial pressure that is pushing them towards more cost-effective advising and a more student-centric approach. At most colleges and universities, advisors have a very high case load of students and have to rely on incumbent technology solutions that are often decades old with unfriendly and outdated user interfaces. As a result, advisors tend to focus on the students most proactive in reaching out to them and the students that have been flagged as most at-risk, leaving advisors without the time/capacity to serve the vast majority of students in the “silent middle.”

Solution

Stellic is an integrated planning and advising platform for college students to plan their courses to align with their degree requirements and career aspirations. The current product offers five modules: Pathways, Schedule, Audit, Advise and Report. Colleges and universities do not need to replace their existing systems, rather Stellic will integrate with existing student information systems and learning management systems while providing a more modern interface that connects existing data to students’ goals and degree requirements. Stellic’s “play-list” interface provides a significantly improved student experience.

In addition to providing much better tools for students, Stellic enables advisors to identify and assist students at risk of dropping out or graduating late and provide appropriate support and interventions to keep those students on track. For the large population of students in the “silent middle” that are not highly motivated, Stellic can ensure they have chosen a degree pathway and flag for both students and advisors any near term decisions regarding adding/dropping classes that might put their pathway at risk. By decreasing the administrative work that advisors need to do, Stellic enables advisors to be more effective and more efficient, lowering the overall cost of advising.

Because Stellic allows students to plan their future course load and encourages every student to commit to a pathway, universities can predict course demand and ensure that courses are offered when students need them in order to graduate.

Why We Invested

Stellic’s founder, Sabih Bin Wasi, is an impressive entrepreneur who was inspired to found the company based on his own frustrations in navigating the course planning process in higher ed. Sabih is deeply committed to solving this problem for students while providing value to colleges and universities. The company has impressive early traction with a diverse set of customers, including University of Chicago, Duke, Columbia, University of Minnesota, University of Oklahoma, Colorado College, and Cal State Northridge. Stellic has also seen inbound interest from international higher end institutions and successfully closed several international customers. The company has a very strong technical team through the founders’ relationship with the top technical university in Pakistan, and the product is built in a modular fashion to enable a “land and expand” sales strategy which is already showing success.

We really appreciate that Stellic can address both the needs of the sophisticated student that wants to do their own “what if” analysis as well as the needs of students that may not be as motivated to plan for the future and just need focus/direction to ensure they are on an efficient path towards graduation. We also believe there is a significant opportunity to reduce friction for students that have stopped out and are re-enrolling in a degree program to understand their most efficient and cost-effective path to achieve their personal and educational goals.

Impact

We expect Stellic to improve retention and college completion rates, reduce the total cost of getting a degree by ensuring all credit-hours help students achieve their graduation requirements, and reduce friction for transfer students and students that have stopped out and are re-enrolling in a degree program. In the longer term, the company’s vision is to enable students to plan effectively for their post-college career and track career outcomes.