Mentor Collective

Mentor Collective is a provider of large-scale mentorship programs for higher education institutions and corporations. Founded in 2014, the company offers a platform that enables the launch, management, and analysis of mentorship initiatives. Mentor Collective's technology matches mentors with mentees and provides structured curriculums tailored to various student groups, including first-generation students, adult learners, veterans, and BIPOC individuals. The company's approach combines algorithmic matching with participant surveys to support intrinsic motivation and address diverse student needs.

Mentor Collective's platform includes features such as a "Flags" system, which allows mentors to triage mentee concerns like financial challenges or housing insecurity to appropriate campus resources. The company aims to bridge equity gaps in higher education by facilitating knowledge transfer and fostering a sense of belonging among students. An analysis conducted by Mentor Collective's research team found that their programs have contributed to a 3.84% increase in student retention and a 14% increase in sense of belonging.

As of January 2022, Mentor Collective had partnered with over 160 higher education institutions across the US. The company experienced significant growth in 2021, creating over 83,000 mentorships, which exceeded their cumulative total from the previous six years. By January 2022, Mentor Collective had trained more than 50,000 mentors since its inception. The company reported nearing USD 10 million in annual recurring revenue as of January 2022.

Key customers and partnerships

Mentor Collective's client base includes notable institutions such as the University of Colorado Denver, Penn State, and Dartmouth. The company has also expanded its services to corporate clients, with Wells Fargo among its customers.

Mentor Collective's mentorship programs have gained traction in various educational settings. For instance, the University of California, Riverside implemented a peer mentoring program from Mentor Collective to address the lack of authentic hallway conversations that students typically rely on to exchange social and campus capital. The program reportedly exceeded expectations, with a high level of engagement from freshmen and transfer students.