The investment will fuel the company’s growth and expansion across key markets in Africa and the Middle East.

Founded in 2020 by Mohamed El-Sonbaty, Abdelrahman Ayman, and Joan Manuel, Educatly aims to democratize access to higher education.

The platform connects students with over 130,000 programs from 1,100 universities worldwide.

With a user base exceeding three million students, Educatly is on track to reach seven million by the end of 2024.

“This funding is a testament to our mission of bridging the gap between students’ aspirations and available educational opportunities,” said El-Sonbaty, CEO of Educatly.

“We will use these funds to enhance our platform, expand our reach, and empower more students to achieve their academic goals.”

Educatly previously raised a $1 million pre-seed round in 2021 and operates research and development centers in Cairo and Dubai.

The company is committed to developing a world-class digital platform that provides students with seamless access to tailored higher education services.