Educatly Raises $2.5 Million to Expand Across the Middle East and Africa
Educatly, an innovative Egyptian student-recruitment platform, has secured $2.5 million in a recent funding round to support its expansion throughout the Middle East and Africa. This round was led by TLcom Capital and Plus VC, with additional participation from Egypt Venture and the HBAN syndicate.
The new funding follows Educatly’s rapid growth, previously accelerated by a $1 million pre-seed round that included backing from Enterprise Ireland and Falak Startups.
Commenting on the investment, CEO and Founder Mohammed El-Sonbaty stated, “This investment marks a pivotal moment for Educatly. Our initial goal was to bridge the gap between students’ educational needs and the opportunities available, aligning these with their capabilities and ambitions. With this new investment, we are committed to continuing our ambitious growth plans, enhancing our services, and expanding our operations across Africa and the Middle East to help more students achieve their educational goals.”
Founded in 2020, Educatly aims to guide students in making informed decisions about their educational and professional futures. The platform offers comprehensive information on schools and universities worldwide, including program details and scholarship opportunities. Leveraging advanced artificial intelligence and large language models, Educatly ensures the accuracy and relevance of its information, helping students make well-informed choices. The platform currently features over 1,100 universities across 90 countries.
Educatly’s wide range of services is built around three core pillars: assisting students in selecting their fields of study, finding the ideal programs and universities, and facilitating connections with other students and alumni globally.
