Egyptian Edtech startup Educatly raises $1m pre-seed round

Egyptian Edtech startup Educatly has closed a $1m pre-seed funding round to help it build on strong early growth by further developing its product and scaling up marketing efforts. Enterprise Ireland, Falak Startups, and other angel investors all participated in the round.

Educatly was founded by Mohamed ElSonbaty, Abdelrahman Ayman, and Joan Manuel in 2020, to help students get into the universities of their dreams.

Educatly democratizes access to higher education opportunities by allowing students to connect with themselves, search, compare and apply to over 120,000 live and up-to-date higher education opportunities globally.

With over 100,000 users from 190 countries worldwide, the startup now plans to use the pre-seed funding to develop its product, expand the team, and ramp up sales and marketing efforts.

Abdelrahman Ayman, Educatly’s chief operating officer speaking on the funding said Educatly plans to support students’ decision-making leveraging tech.

“Students want to have transparent access to all relevant opportunities out there while getting as personalized support as possible to reach the best possible decision.

“At Educatly, users can browse through the largest up-to-date database globally with more than 120,000 higher education opportunities worldwide and filter according to their profile and preferences to find the programs most relevant for them.

“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,” said Ayman.