Edtech company UniApp has raised one million euros in a seed funding round, with a particular goal to expand the company’s presence globally.
CEO and founder, Fahed Jaarah, told The PIE News that the main aim of the seed fund round was to “scale fast” due to daily requests by sub-agents to join the network and access partner schools.
“With this funding we continue to build our technology and also we are expanding in important regions such as Africa, Gulf state, Jordan, India and Pakistan,” he said.
Jaarah added that the number of requests from universities and student sign-ups had reached unexpected numbers – greater than their capacity.
Startbase reported that the funding has come from an anonymous family office in North Rhine-Westphalia, Germany, and will be spent on AI expansion and sales expansion.
The funding will help the Frankfurt-based start-up towards its “global mission” to “empower international education and make sure everyone has the chance to access quality education”.
“International students are economically very important”
Founded in 2021, UniApp aims to support the international education stakeholders by simplifying the admissions process, scaling up and diversifying campuses worldwide.
According to Jaraah, investors were keen to become involved, sharing Jaarah’s sentiment that “international students are economically very important”.
“They have unique skills and bring fresh perspectives. Their talents accelerate economic growth and help Europe become more diverse and prosperous,” he said.
The online platform allows students to manage the full application process in a one-stop platform, wether it is their first time applying or they are transferring to a different institution to finish their degree.
Users can upload their academic and personal documents once and then apply for multiple programmes, choosing from thousands of study courses across the world with the AI-based search engine also enabling users to receive suitable course suggestions.