MyFit Closes $1 Million Series A Led by NEA

Nov 18, 2009, 16:27 ET from MyFit

MOUNTAIN VIEW, Calif., Nov. 18 /PRNewswire/ -- MyFit, a new service that aids students and parents through the stressful college admissions process by analyzing applicants' social and academic profiles, social networking profiles and personal interests to find their college counterpart, today announced a Series A funding round of $1 million led by NEA.

MyFit's powerful service helps students and parents make informed, fact-based decisions on how to focus the applicants' curriculum and extracurricular activities based on the same information gathered from successful graduates of more than 3,500 institutions of higher learning.

"We've built a service that addresses a student's need to make the best and most educated decision about which college will be the best fit," said Jason Mueller, co-founder of MyFit. "MyFit essentially quantifies the previous unquantifiable personality aspects of a student and compares it with real-time data to find the best possible college fit for any student."

MyFit can also help universities improve their admissions decisions by helping to pair students based on the previous history of the institutions successful graduates, helping minimize student transfers and drop outs.

"We're proud to have incubated MyFit at NEA and are incredibly excited about the company's mission to bring transparency and specificity to the college admissions game," said Patrick Chung, partner at NEA. "The decision of where to go to college is the first critical decision we make as adults, and it's clouded in mystery and misinformation. MyFit cuts through all of that by providing incredible value to students, parents, colleges, and counselors."