Educatly, which describes itself as an “educational platform providing learning opportunities and educational networks,” has secured a pre-financing of US $ 1 million with a key contribution from Enterprise Ireland.
“Students want transparent access to all relevant offers and at the same time receive as individual support as possible”
The company has seen significant growth since its launch in late 2020, exceeding nearly 100,000 users from 190 countries around the world in the past few days.
The two facets of Educatly are the course search platform on which universities and students can publish their courses or their curricula, while the other focuses entirely on social needs.
“The social aspect is focused solely on the students,” said Mohmmed El Sonbaty The PIE news.
“They are the people who are actually having this experience, so it is up to them to promote this social aspect of the community – and as such they act like our global ambassadors,” he continued.
The startup is fueled by an effort to create an “ecosystem” for college students who are about to graduate, and essentially creating a LinkedIn-style network where students can share information with both fellow students and universities.
The ultimate is “building for education what LinkedIn built for jobs”.
The co-founders previously worked at the world-renowned job and professional networking site.
“I worked for LinkedIn with my co-founder in Ireland – while we were there we had Educatly as a side project and finally stopped when we were at the point where we thought we had enough resources and things established,” El Sonbaty explained.
“It was on this basis that we founded Educatly in Ireland.”
Founded in 2020, Educatly has had the ambition to use AI technology and blockchain to “achieve its growth plans faster” while promoting the social aspect on which the company was founded.
“Students want to have transparent access to all relevant offers and at the same time receive as personal support as possible in order to make the best possible decision,” said Abdelrahman Ayman, another co-founder of Educatly.
“We use the latest technology to narrow down the most relevant programs to aid the decision-making process for them and provide personalized support through our network of advisors and ambassadors,” added Ayman.
Since the completion of this pre-seed round, Educatly has taken on board more than 450 schools around the world.
In addition to receiving seed capital from Enterprise Ireland, Educatly has received funding from Falak Startups, a start-up accelerator supported by the Egyptian government. Other investors included Seod Ventures, also based in Ireland.
“For the company, I move between Ireland, Dubai and Egypt – our focus is currently on the MENA region from a student perspective,” explains El Sonbaty.
El Sonbaty made it clear that the challenges to the educational ecosystem were those that Educatly was directly created to address.
“The Educatly challenge affects millions of students and teachers around the world – over the past few decades the incredible speed of digital transformation has left several flaws in all sectors,” said El Sonbaty.
“We are concerned about education because the global educational ecosystem is fragmented and largely based on infrastructure that is already poorly suited.”
“Addressing the Educatly Challenge affects millions of students and teachers worldwide”
The platform also presents scholarships, language courses, professors, students and alumni.
Institutions already using Educatly include the University of Michigan, the University of Liverpool and the American University in Dubai.
“I’ve studied abroad myself, first hand – I studied in Ireland and it was a transformative experience,” added El Sonbaty.
“In my three years with LinkedIn in Ireland, I literally learned the power of a site like this to connect businesses directly to people. If the same thing happens in an ecosystem in this context, all efficiency problems could go away. That is our goal. “