Eduventures, Inc. provides research and advisory services for institutions of higher education. Eduventures supports over 300 clients across four core areas of specialization: Eduventures also advises educational services and technology companies in areas such as consumer buying behavior and product strategy. Eduventures was founded in 1993 by Michael R. Sandler, a graduate of the Wharton School of the University of Pennsylvania. The companys first report, the annual “Education Industry Report” was one of the first systematic attempts to analyze education as an industry sector. Eduventures later expanded its services to include financial research and advice to education entrepreneurs and the venture capital community. From there, Eduventures branched into new areas such as advising publishers and technology providers about the higher education and K-12 markets and began providing traditional strategic consulting to colleges and universities.