/Companies

Mentor Collective

Techstars '15

Boston, US · Founded 2015 · 454 employees on LinkedIn · 14 known investors

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Mentor Collective provides an AI-supported mentorship platform connecting learners, students, and early-career professionals with mentors and advisors. The infrastructure uses artificial intelligence to scale human connections and accelerate career readiness for campuses and employers.

Also known as Mentor Collective

Founders & leadership

EMErin Mayhood
Erin MayhoodCEO2024–2026Erin Mayhood is an operating model consultant and executive who has led organizational transitions and scaled services into platforms at growth-stage companies including Interfolio and Mentor Collective, where she worked on converting high-touch services into AI-supported platforms.

Investors · 14

Also in the syndicate · 5

10x ImpactLumina FoundationleadResolve Growth PartnersleadStrada Education NetworkStrada Network

Funding

SEC filings, press & company announcements

$3M disclosed across 1 of 3 rounds · 2019–2022

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Sep 2026

Mentor Collective is an edtech software and services provider that partners with colleges, universities and employers to design, launch and manage large-scale mentorship programs. The company positions its product as a "Mentorship Operating System" for higher education, combining software, a services team and research-based assessment. Institutions use the platform to recruit upper-division students, recent alumni and industry partners as mentors, deliver on-demand mentor training, and match participants through an algorithm that the company says accounts for more than 80 dimensions of identity. The platform supports both traditional 1:1 structured mentoring and "flash" mentoring, with in-product SMS and messaging, conversation logging, and integrations with SIS, CRM and other campus systems.

Beyond matching, the product is oriented toward measurement and intervention. Administrators can monitor mentorships through a dashboard, track sense of belonging, academic self-efficacy and career readiness across the student journey, segment and export data by cohort, and receive "Flags" that let mentors triage mentee concerns such as financial difficulty or housing insecurity to appropriate campus resources. The company also markets to employers, citing improvements in intern-to-full-time conversion, and to ecosystem partners that embed mentorship into certification, training and regional workforce pipelines.

Founding story

Co-founders James Lu Morrissey and Jackson Boyar began the venture as a side project aimed at helping international students acclimate to American institutions while both were working in management consulting. They took a sabbatical to pursue it full-time, spent roughly a year and a half driving to campuses and largely being turned down before receiving their first contract, and spent down personal savings in the interim. The initial international-student focus broadened to first-generation, low-income, online and adult learners, and in some cases entire incoming freshman classes.

Business model

B2B: institutions and employers contract for the mentoring software together with a dedicated services team that consults on program design, assessment and ongoing support, so that programs run without adding institutional staff burden. Mentors on most programs are volunteers, with some programs offering paid mentoring opportunities.

Paid partnerships with colleges, universities and corporate partners that license the platform and accompanying services.

Traction

The company reports more than a decade of operation with 500,000 mentorships/learners, 200,000 mentors and roughly 200 partners. In 2021 it created over 83,000 mentorships, exceeding the cumulative total of the prior six years, and had trained more than 50,000 mentors since founding. At the time of its 2022 Series A it cited 160+ institutional partnerships and 700+ unique mentorship programs. Named partners include the University of California, Riverside, Florida Atlantic University, University of Wisconsin–Superior, University of Arizona Online and UNC Greensboro. In 2018 the founders described reaching over 35,000 students and 50+ university partnerships.

Latest developments

A press release distribution page lists a subsequent announcement that Mentor Collective appointed edtech and growth executive Patrick Garayta as CEO. The company's current positioning extends beyond higher education to employer and workforce-partner mentorship programs.

▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Describes itself as the only mentoring platform built specifically for higher education and as a leading provider of large-scale, structured mentorship programming; a self-described small startup whose brand is mainly visible through partner institutions.

Purpose-built for higher education rather than general mentoring; pairs software with a hands-on services team; requires mentors to complete and pass training; and offers an assessment framework tied to persistence, retention and career outcomes, backed by what the company describes as the most extensive dataset on mentorship outcomes.

Technology

Web-based mentoring platform with a matching algorithm using 80+ identity dimensions, on-demand mentor training that participants must pass, built-in SMS and messaging, conversation reporting, a Flags escalation feature, an administrator dashboard with real-time risk signals, and integrations with student information systems and CRMs. The company markets the product as AI-supported and states it has no dedicated mobile app.

Go-to-market

Direct enterprise sales to institutions and employers, driven by demo requests on the company website, published impact reports, whitepapers and university case studies, and thought-leadership content in the student success field. Early sales were done by founders visiting campuses directly.

Higher education institutions (including four-year universities, online and adult-learner programs), employers running intern and early-career programs, and ecosystem/workforce partners such as school districts and certification or training providers.

Geography

Headquartered in Boston and operating remote-first, with partner institutions across the United States.

History

The company was founded in Boston; a 2022 press release states it was founded in 2014, while a 2018 interview describes it as having begun about four years earlier as a side project. It narrowed its scope from adjacent offerings such as college application help and tutoring to focus on institutional mentorship programs. It operates as a remote-first company, doubled in size in 2021, raised a $21 million Series A in January 2022, and later appointed Patrick Garayta as CEO.

Risks & controversies

The company notes that institutions' long decision-making cycles delayed revenue in its early years, and describes itself as a small startup with limited brand recognition outside its partner institutions.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Boost in sense of belongingJan 20258-19%
Cumulative mentorshipsJan 2025500,000 mentorships
HeadcountAug 2026454
Increase in intern-to-full-time conversionJan 202542%
Institutional partnershipsJan 2022160+
Mentoring relationships formedJan 2022200,000 relationships
Mentors on platformJan 2025200,000 mentors
Mentors trained since foundingJan 202250,000 mentors
Mentorships created in 2021Jan 202183,000 mentorships
PartnersJan 2025200 partners
Students reachedDec 2018over 35,000
Unique mentorship programs deliveredJan 2022700+
University partnershipsDec 201850+

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Founder mafia

3 people who came through Mentor Collective went on to found or lead other companies.

Related companies · 5

Companies working in the same space as Mentor Collective.

Timeline · 3

launches, deals, and filings
Jan 2022
Named to Built In's Best Places to Work in Boston and awarded regional Timmy Award for Best Tech for Good

source ↗

Jan 2022
Mentor Collective raises $21M Series A led by Resolve Growth Partners

Series A round led by Resolve Growth Partners with reinvestment from Lumina Foundation, to be used for new products, services and training including workplace mentorship.

$21M source ↗

Jan 2022
Patrick Garayta appointed CEO

A press release listing notes the appointment of edtech and growth executive Patrick Garayta as CEO of Mentor Collective.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

▸Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Mentor Collective do?
Mentor Collective runs a mentorship platform and services operation that helps colleges and employers build large-scale mentoring programs.
Who are Mentor Collective's investors?
Mentor Collective's investors include 186 Ventures, Emerge, IU Ventures, NXT Ventures, Techstars, ECMC Group, EduLab Capital Partners, Emerge Education and 1 more.
How much funding has Mentor Collective raised?
Mentor Collective has disclosed $3M raised across 1 of its 3 known rounds.
Where is Mentor Collective headquartered?
Mentor Collective is headquartered in Boston, US.