StudiesIn, an EdTech startup based in Barcelona, has raised €570,000 in a seed round to launch its platform that aims to make the process of studying abroad easier and simpler.
According to a press release, the round was led by a Dutch investor with participation from several strategic angel investors, and the startup plans to use the fresh money for the app’s upcoming launch, which is slated for Halloween 2022.
Founded in 2019, StudiesIn aims to create positive social impact by bringing transparency to international education and making it more accessible. The startup is building a new technology platform that is solely focused on simplifying difficult procedures in bureaucratic countries, providing for the first time truly unbiased higher education advice to international students.
Explaining the need for a platform like StudiesIn, co-founder and CEO Tom Miessen said:
“Currently there is a big problem in the education sector. Many educational consultants around the world are driven solely by commission and may recommend programs to young students that are not suitable for them, just to maximize their own benefit. We created this company with a vision to remove bias in this industry and make higher education accessible to people. Our approach of offering private as well as public education in Spain has proven very successful in recent years as it also enables students from middle and lower income families to realize their study abroad plans. With this way of thinking, we designed a new technological platform to help as many students as possible and enable them to access European universities. We call it StudiesIn.”
Rodin Affourtit, Co-Founder and Head of Growth, added:
“International students struggle to get transparent and unbiased answers to information that should be available to everyone. There is no simplified and simple process of studying in Europe, considering the local specific requirements of each individual 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 shape their academic futures.”
StudiesIn said its platform will offer more than 3,000 study options, which students can then browse and compare to find information on admissions, visa requirements and resettlement management systems. Users will also be given access to counselling, where they will be connected to an education specialist who will be able to provide unbiased advice. The platform also includes a knowledge base with more than 500 practical articles and guidelines for studying abroad.
The startup claimed to have helped students from more than 110 different nationalities navigate the challenging procedures of studying abroad using digital approaches to an analog and outdated industry.