Educatly Closes $2.5 Million Funding Round
Educatly has a presence in key markets such as Egypt, Saudi Arabia, the UAE, Nigeria, Kenya, and Ireland.
Educatly, an Egypt-based educational technology platform, has concluded a funding round raising $2.5 million. The round was led by TLcom Capital and Plus VC, with additional participation from Egypt Venture and the HBAN syndicate from Ireland.[1]
The platform will use the money to offer additional higher education solutions with comprehensive information on schools, universities, programs, and scholarships worldwide.
Currently, the platform features over 1,100 universities from 90 countries.
Educatly has a presence in key markets such as Egypt, Saudi Arabia, the UAE, Nigeria, Kenya, and Ireland.
Founded in 2020 by Mohamed ElSonbaty, Abdelrahman Ayman, and Joan Manuel, Educatly secured a $1 million pre-seed funding round in 2021 from investors including Falak Startups and Enterprise Ireland.