GoodCall, a scholarship search engine startup backed by Indian Land-based Red Ventures, has acquired SchoolSoup.com, an online database of college scholarships.
GoodCall’s free-to-use technology estimates the number of students who apply for a given scholarship, and users can then determine which scholarships they have a greater likelihood of winning. Over the next month, SchoolSoup’s data will be migrated over to GoodCall.
Terms of the deal were not disclosed.
“College isn’t getting any cheaper,” GoodCall President Eppie Vojt said in a statement this week. “It is more important than ever that families have access to tools and resources to help make college more affordable. This acquisition helps GoodCall.com be that resource.”
GoodCall was founded in February by Vojt, who is a vice president at Red Ventures, according to his LinkedIn profile.
Red Ventures is an Internet sales and marketing firm that was founded in 2000. It employs more than 2,300 and was recently named the Observer’s No. 1 workplace among large companies in the region.
The firm has invested in other education initiatives and training programs for young tech workers. Its Code2Hire program, for example, provides free job skills training to a group of top high school graduates from low-income families.