“Canada-based ed-tech startup ApplyBoard raises a total of $75 million in funding at a $1.4 billion valuation. Take a look further to know more about the development.”
ApplyBoard is basically a SaaS-enabled recruitment platform. It aims at providing the necessary help to international students and allows them to gain higher education. Recently, in Series C funding, the company was able to raise $75 million at $1.4 billion evaluation. The access to this particular investment will provide great help in-
What Is The Buzz?
Applyboard is an online platform that completely transforms the way students all around the world access opportunities for international education. It bagged C$100 million in Series C funding. This round of funding was led by Drive Capital. Later it was joined by specific funds managed by Business Development Bank of Canada, Fidelity Investments Canada ULC, and a bunch of other investors like Plug and Play Tech Center, Artiman Ventures, Anthos Capital, Candou Ventures, and Garage Capital.
The investors show excitement over partnering with ApplyBoard. Together they hope to make the world a better place for students.
The company was launched in 2015 by the Co-founders Martin, Meti, and Massi Basiri. The Co-founders were inspired by the challenges they faced while coming to Canada for higher education. It is created upon the fundamental belief that education is a basic right of every individual. It stresses the point that education is not a privilege. The brand aims to educate the world. It is doing so by providing students with seamless access to all the available educational opportunities.
There is no doubt in the fact that the grip over education has the potential to change lives. But it is also true that the process to apply to study abroad is extremely tough, for a lot of students. ApplyBoard makes sure that all the students have the ability to access education. The latest events suggest the need to support the future success of the education sector. The latest funding will help the brand to advance the work for the students, recruitment partners, and educational institutions to ameliorate the living standard.
What Is The Motive Of ApplyBoard?
It streamlines and simplifies the process of study abroad application. It does so by connecting students, educational institutions, and recruitment partners together on a single platform. With the help of its innovative technology, students are easily able to find and apply to available opportunities. They can apply for secondary and post-secondary educational institutions in the United States, Canada, and the United Kingdom. Students can do so with the help of a single application. Isn't this a great step towards a better future? With the help of this platform, students can easily get closer to a better future.
By connecting with such a platform, both students and educational institutions can benefit. Educational institutions can reap the advantage of expanding their brand reach all over the world. They can simply enrich on-campus diversity. All they need to do is recruit qualified students virtually from all over the world.
It has built a partnership with over 1200 educational institutions and has 4000+ recruitment partners. The dense network helps to drive highly qualified applicants to an institution. This also brings diversity across campuses in Canada, the US, and the UK. To date, the brand has helped more than 100,000 students that wanted to start their educational journeys abroad.
How Does Apply Board Works?
Just like a travel app helps its users to book flights and hotels, ApplyBoard helps the students to apply for the desired educational opportunities. From any part of the world, users can simply answer some of the questions about the skills, language scores, grades, interests, etc. With the help of Machine Learning technology, this platform matches with the schools and programs for which they are eligible. After they are prepared, they can fill out a common application and use it to apply to different schools and platforms.
On this platform, users have the power to apply to secondary and postsecondary educational institutions. This portal has witnessed a whopping growth because of the seamlessness it delivers to the users.
This ed-tech holds a lot of scope in the future. With a noble aim to simplify the student's dream to gain better education abroad, this platform promises a bundle of opportunities. The technology surely boosts the daily functioning and delivers a better future. So if you too want to get hold of such technology to deliver a better future to the masses then reach out to the right team and start working on your plan.
Feel free to comment below and let us know what you think about this ed-tech startup. But until the next update about technology, stay tuned to this space for more information.
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