StudyFree, which connects students with international educational opportunities, raised a $3 million seed round earlier this week. There is more to this than being accepted on a course. Tech startups have responded to the change in education into a remote industry.
International students can study at UK, US, and Canadian schools on the Educate Online platform. The study is done online, remotely, full-time or part-time, without having to move to another country.
It has raised $4 million in seed funding from a number of companies.
In the past year, the startup has gained 2,500 students from 18 countries, covering K-12 study, ESOL, career exploration, university preparation, and internship and mentorship programs.
Students can participate in on-campus summer or semester programs on the platform. It plans to scale in the Middle East.
Transitions Abroad, Smapse and Academic Families are some of the agencies that are still focused on offline education.
Educate Online has placed more than 4,000 children between the ages of 4-19 in top schools since it was founded, according to Alexander Zheltov, co-founder and CEO. After COVID-19 hit, we made a hard pivot to online education as we were seeing a surge of interest towards online education and we expect to continue growing.
Eugene Timko said that schools have historically been local operations. Few branched out to other countries through building foreign campuses. The potential reach for international school education has been limited by this. Educate Online may become the dominant online layer on top of the existing schools infrastructure, vastly expanding the current market for cross-border education.