Educate Online, a US-based educational technology company has raised $640,000 in a funding round led by UMAY Angel’s Club. The investment is spearheaded by lead investor and business angel Bakht Niyazov. With the latest round of funding, the company plans to advance the online platform, penetrate foreign markets, and attract EdTech experts to bolster the team.
Co-founded by Alexander Zheltov, Igor Borovikov, Rinat Aliev, and Artem Saloshin in 2018, Educate Online offers students aged 4-19 the three full curriculums in the world: UK, US and Canada. Students may choose to study part-time or full-time and have the opportunity to earn their high school qualifications through Pearson Edexcel & Cambridge International or graduate with a US or Canada high school diploma. The platform also offers exclusive services, including internship placement, university counselling, in-person experiences, robust extracurriculars and internship placement with top companies like Red Bull and Softline.
The startup claims to have 2500+ students from 18 countries enrolled with the platform to learn and attend lessons from the UK, US, Canada, and beyond institutions.
Educate Online had previously secured a total investment of $9 million from entities such as Angelsdeck, Softline VP, Flyer One Ventures, Xploration, and TMT.