EdTech start-up Educatly being backed by Irish and Egyptian governments
EdTech start-up Educatly being backed by Irish and Egyptian governments
The Irish government's state development lender has provided funds to a growing edtech platform located in Ireland that aims to connect students socially via a new network.
Educatly, which represents itself as an "educational platform that delivers learning opportunities and educational networking," received $1 million in pre-seed finance, with Enterprise Ireland playing a key role. Since its launch in late 2020, the company has witnessed significant growth, recently topping 100,000 subscribers from 190 countries around the world.
The course search platform, where institutions and students can publish their courses and curriculums, is one of Educatly's two aspects, while the other is only focused on social needs.
The startup is fostered by the ambition to “create an ecosystem” for students who are about to go on to higher education, essentially creating a LinkedIn-style network for students to share information with both fellow students and universities alike. The ultimate is to “build for education what LinkedIn has built for jobs”. Said Mohmmed El Sonbaty,co-founder of Educatly.
Educatly received funding from Falak Startups, an Egyptian government-backed start-up accelerator, in addition to seed funding from Enterprise Ireland. Seod Ventures, based in Ireland, was one of the other investors.
This platform also provides Scholarships, language lessons, professors, students, and alumni.
The University of Michigan, the University of Liverpool, and the American University in Dubai are among the institutions that are already implementing Educatly.