Educatly, an Egyptian ed-tech platform, has raised $1 million in pre-seed capital to help it build on its early success by further refining its product and expanding its marketing activities.
Educatly, founded in 2020 by Mohamed ElSonbaty, Abdelrahman Ayman, and Joan Manuel, democratises access to higher education by letting students browse, compare, and apply to over 120,000 live and up-to-date higher education options throughout the world.
After obtaining a US $1 million pre-seed round, the business has over 100,000 members from 190 countries and hopes to expand on this early traction. The funds will be used for product development, team expansion, and sales and marketing initiatives, thanks to donations from Enterprise Ireland, Falak Startups, and other angel investors.
“Students want to have transparent access to all relevant opportunities out there while getting as personalised support as possible to reach the best possible decision. At Educatly, users can browse through the largest up-to-date database globally with over 120,000 higher education opportunities worldwide and filter according to their profile and preferences to find the programs most relevant for them,” said Ayman, the startup’s chief operating officer (COO).
“We leverage the latest technologies to narrow down the most relevant programs to support the decision-making process for them and offer personalized support through our network of consultants and ambassadors.”
