Egypt-Based Higher Education Network Educatly Raises $2.5 Million

Egyptian edutech startup Educatly has raised $2.5 million in a new funding round led by TLcom Capital and Plus VC, with participation from Egypt Venture and Ireland’s HBAN syndicate.

Founded in 2020, Educatly has pioneered a global information network for higher education, allowing students across the world to answer the most critical questions about their potential higher education, including university courses and the universities themselves.

“Today, we are proud to receive this new investment, which reaffirms our commitment to continue working towards our vision and strategic goals,” Mohammed El Sonbaty, Founder and CEO of Educatly, tells StartupScene. “It will also enhance the services we provide to reach more students around the world and help them achieve their goals.”

This new round of funding solidifies Educatly’s presence in the Middle East and Africa, including key markets such as Egypt, Saudi Arabia, the UAE, Nigeria and Kenya.

Educatly leverages AI tech and large language models (LLM) to ensure the accuracy of all information on its website, providing prospective university students with all the detail they need to make informed decisions.

The startup also does for education what LinkedIn does for jobs, connecting educational stakeholders across a network of over 1,100 universities in 90 countries.