StudiesIn, a Barcelona-based EdTech startup, has raised €570,000 in a seed round to launch its platform that aims to make the study abroad process smoother and simpler.
According to a news release, the round was led by a Dutch investor with participation from several strategic angel investors, and the startup plans to use the fresh cash for the upcoming launch of the app, which is planned for Halloween 2022.
Founded in 2019, StudiesIn aims to create a positive social impact by bringing transparency into international education and making it more accessible. The startup has been building a new tech-led platform that is solely focused on streamlining difficult procedures in bureaucratic nations, providing for the first time truly impartial advice on higher education to international students.
Explaining the need for a platform like StudiesIn, Co-founder & CEO Tom Miessen said:
“Currently, there is a big problem in the education sector. Many educational consultants around the world are driven purely by commission and might recommend programs to young students which are not a good fit, only to maximize their own gain. We created this company with the vision to eliminate the bias in this industry and make higher education accessible to the people. Our approach of offering private as well as public education in Spain has proven to be very successful over the last years as it also enables students from mid and lower-income families to realize their study abroad plans. With this mindset we designed a new technology platform, to help as many students as possible and provide them with access to European universities. We call it StudiesIn.”
Rodin Affourtit, Co-founder & Head of Growth, added:
“International students are struggling to get transparent and unbiased answers to information that should be available to everyone. There is no streamlined and straightforward process to study in Europe, given the local specific requirements of every single country. We will use this investment to improve the lives of many students around the world who can use our technology and in-country expertise to design their academic future.”
StudiesIn said its platform will offer more than 3000 study options, which students can then sift through and compare, to find information on admissions, visa applications, and relocation management systems. Users will also be provided with counseling, where they will be matched with an education specialist who will be able to provide unbiased advice. The platform also includes a knowledge base of more than 500 practical articles and study abroad guidelines.
The startup claimed to have assisted students from more than 110 different nationalities in navigating challenging study-abroad procedures by leveraging digital approaches to an analog and outdated industry.