About DegreeSight
DegreeSight helps colleges and universities tell prospective students how earlier classes will apply toward a degree. Students can receive personalized evaluations before they apply, including when staff are unavailable. The platform automates much of the review while preserving each institution's academic rules. Human reviewers check automated course decisions.
Based in Austin, DegreeSight is led by chief executive officer and founder David Cook and chief revenue officer and co-founder Drew Melendres. Cook came to the business after a 2008 financial-aid mistake and 15 years in engineering. Partner results include more than 32 weekly transfer leads, an 84.8% automation rate for credit decisions, and response times at least 50% faster. A Corban University testimonial connects two students with more than $30,000 in new revenue. Bethel University Indiana and Lee University also provide testimonials.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Aug 24, 2026 | Nov 9, 2026 | $1,000,000of $3.0M target | 1 | $1.0M | Equity, Options, Securities on exerciseRule 506(b) | Form D ↗ |
| Jan 18, 2023 | Feb 2, 2023amended Feb 2, 2023 | $3,500,000fully sold | 3 | $1.1M | EquityRule 506(b) | Form D/A ↗1 earlier filing |
| Sep 30, 2021 | Oct 20, 2021amended Dec 6, 2021 | $279,250fully sold | 2 | $139K | DebtRule 506(b) | Form D/A ↗1 earlier filing |
| Total, three offerings | $4,779,250 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Why Investors Backed DegreeSight
DegreeSight sells transfer-credit software to colleges and universities. It serves recruitment teams, academic records offices, and system-level administrators. The offering pairs software with setup guidance, workflow analysis, and team training. The investment case rests on making a slow administrative task useful for both student service and enrollment.
The problem it targets
DegreeSight targets delays around a basic enrollment question: which previous courses will count. Seventy percent of students bring prior credit. Nearly half leave when a school cannot show how credits transfer, and one in three drops the school from consideration. Colleges can lose transfer-ready applicants when personalized answers arrive too slowly, especially outside normal working hours.
What the product does
Inbound records a prospective student's interest and answers the credit question from the first website visit. Insight shows how accepted credits fit a degree and move the student toward graduation. DocSight is the transcript-reading component. The engine reads transcripts, matches courses, and applies the institution's course and degree rules. It sends results to systems such as Banner, Slate, and Salesforce.
Progress so far
DegreeSight reached commercial launch in 2020 after Drew Melendres became a co-founder and board member in 2017. He moved into a full-time chief revenue officer role in 2024. In September 2026, DegreeSight announced a brand revamp. The team now includes dedicated implementation, partner-success, and product-management roles.
We wrote this summary from public statements by DegreeSight and its investors. It is not investment advice.
Leadership Team
Executive officers and directors listed on DegreeSight's Form D filed Nov 9, 2026.
