It's one of the hardest parts of high school for students who want to study abroad. Cialfo wants to make the process easier, with a platform that includes school research, communication tools for counselors and students, and Direct Apply, which helps international students find and apply to hundreds of programs with a single application form.
The edtech raised $40 million in Series B funding.
Cialfo's total raised so far to $55 million includes a Series A announced in February 2021.
The company has more than 170 employees in Singapore, India, the United States and China, as well as partnerships with more than 1,000 universities around the world.
Ciaflo was founded by three men. The team told the website that he was prompted by his own experiences as a student. His high school didn't have a career counselor. Students were left to navigate the college application process on their own.
His parents couldn't afford the high international student fees so he applied to schools in Singapore instead of going to a four-year university in the United States. After graduating, he helped his sister and some of his friends through the college application process, which led to the idea of launching a business.
About 200 students were at the peak of the firm's work. The two wanted to use tech to scale up their operations, so they sold their education consulting business and used the proceeds to start Cialfo.
The company sells subscriptions to schools. College counselors then invite students onto the platform, which parents or guardian have access to.
Our goal has always been to help one million students get ready for college. The democratization of education will be enabled by bringing all of the three pillars together, according to the team.
Cialfo will use the new funding to grow its user base, add more features and look for acquisitions.
The 2021 edtech avalanche has just begun
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