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Educatly, an innovative Egyptian platform specializing in student recruitment, has raised $2.5 million in its latest funding round to support its expansion across the Middle East and Africa. The funding round was led by TLcom Capital and Plus VC, with additional investments from Egypt Venture and the HBAN syndicate.
This recent investment comes on the heels of a $1 million pre-seed round, which included support from Enterprise Ireland and Falak Startups, fueling Educatly’s rapid growth.
Mohammed El-Sonbaty, CEO and Founder of Educatly, expressed enthusiasm about the investment, stating, “This funding represents a crucial milestone for Educatly. Our mission has always been to connect students with educational opportunities that match their aspirations and abilities. With this new capital, we are poised to accelerate our growth, enhance our platform, and broaden our reach in Africa and the Middle East, helping more students achieve their academic and career goals.”
Founded in 2020, Educatly provides a comprehensive platform that helps students make informed decisions about their educational paths. The platform offers detailed information on schools and universities globally, including program specifics and scholarship opportunities. Utilizing advanced artificial intelligence and large language models, Educatly ensures that its data is accurate and relevant, supporting students in their decision-making processes. The platform currently features over 1,100 universities across 90 countries.
Educatly’s services are anchored in three core areas: helping students choose their fields of study, finding the best programs and institutions, and facilitating connections with peers and alumni worldwide.
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