Total amount raised
$73.8 Million
Latest funding date
7/1/2023
Location
Leverage Edu has successfully raised funding over 10 rounds, with the latest being a Series C round. The platform is backed by 58 investors, including notable names like Blume Ventures and Educational Testing Service (ETS).
Leverage Edu offers a comprehensive suite of services to assist students with their study abroad needs, from education loans and forex to student accommodations and test preparation. Keep reading to explore the intricacies of Leverage Edu's fundraising journey and the investors backing this innovative platform.
What Is Leverage Edu?
Leverage Edu is an AI-enabled marketplace designed to assist students with higher education and career growth plans. The company operates in multiple industries, including Artificial Intelligence, Career Planning, EdTech, Education, Higher Education, and Marketplace.
Founded in New Delhi, India, Leverage Edu has an employee count between 1001-5000. The platform offers a comprehensive suite of services for students looking to study abroad, including education loans, forex, student accommodations, and test preparation.
How Much Funding Has Leverage Edu Raised?
- Seed Round
- Amount Raised: USD 500,000
- Date: November 2017
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the platform and develop initial services for students.
- Seed Round
- Amount Raised: Not publicly disclosed
- Date: August 2017
- Lead Investors: Anand Sankeshwar, Kashyap Deorah
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop the platform and expand initial operations.
- Series A
- Amount Raised: USD 1,300,000
- Date: January 2019
- Lead Investors: Blume Ventures, DSG Consumer Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance the platform's capabilities.
- Series Unknown
- Amount Raised: USD 1,500,000
- Date: December 2019
- Lead Investors: Blume Ventures, DSG Consumer Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support the company's growth and expansion.
- Series A
- Amount Raised: INR 470,000,000
- Date: February 2021
- Lead Investors: Tomorrow Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To build and expand the technology-led counseling platform and associated services.
- Debt Financing
- Amount Raised: USD 2,000,000
- Date: June 2021
- Lead Investors: Trifecta Capital Advisors
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To manage operational costs and support growth initiatives.
- Series Unknown
- Amount Raised: Not publicly disclosed
- Date: September 2021
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further expand and scale operations.
- Series B
- Amount Raised: USD 22,000,000
- Date: March 2022
- Lead Investors: Not publicly disclosed
- Valuation at Round: USD 120,000,000
- Motivation Behind the Round: To scale operations and enhance the platform's capabilities.
- Series C
- Amount Raised: USD 25,000,000
- Date: July 2023
- Lead Investors: Educational Testing Service (ETS)
- Valuation at Round: USD 150,000,000
- Motivation Behind the Round: To ramp up headcount, support the growth of Fly Finance, and enhance market position.
- Debt Financing
- Amount Raised: USD 15,000,000
- Date: July 2023
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To manage operational costs and support growth initiatives.
Total Amount Raised: USD 67,300,000. Current Valuation: USD 150,000,000.
Key Investors
- Educational Testing Service (ETS)
- Details: ETS is a Princeton-based global organization specializing in educational testing and assessment. They are known for developing standardized tests like the TOEFL and GRE.
- Investment Focus Areas: Educational testing, assessment, upskilling.
- Notable Investments: upGrad, Leverage Edu.
- Blume Ventures
- Details: Blume Ventures is a venture capital firm that invests in early-stage startups. They have been involved in multiple funding rounds for Leverage Edu.
- Investment Focus Areas: Early-stage technology startups, consumer businesses, edtech.
- Notable Investments: Unacademy, Dunzo, HealthifyMe.
- DSG Consumer Partners
- Details: DSG Consumer Partners is a venture capital firm focusing on consumer businesses. They have participated in multiple funding rounds for Leverage Edu.
- Investment Focus Areas: Consumer brands, food and beverage, personal care.
- Notable Investments: Veeba, Epigamia, Raw Pressery.
- Kaizenvest PE
- Details: Kaizenvest PE is a private equity firm specializing in investments in the education sector. They have been involved in the Series C funding round for Leverage Edu.
- Investment Focus Areas: Education sector, edtech, educational services.
- Notable Investments: Various educational institutions and edtech companies.
- Tomorrow Capital
- Details: Tomorrow Capital is a venture capital firm that focuses on early-stage investments. They have been a key investor in Leverage Edu's Series A funding round.
- Investment Focus Areas: Early-stage startups, technology, consumer businesses.
- Notable Investments: Not publicly disclosed.
What's Next for Leverage Edu?
Leverage Edu is poised for significant growth, with opportunities to expand its full-stack services for students pursuing international education. The company plans to scale UnivaleyOS, a platform for automating university recruitment, and grow Fly Finance, which offers student remittances and educational loans. With a recent $40 million funding round, the company is well-positioned to enhance its operations and services.
Future fundraising opportunities are likely as Leverage Edu continues to expand into new markets and develop new services. The company may attract more strategic investors and partners, further boosting its growth trajectory. However, challenges such as managing operational costs, navigating regulatory requirements, and facing competition from other edtech companies could pose hurdles along the way.
Use Clay to Get Funding Data
Sales professionals, take your strategy to the next level by leveraging Clay’s platform to access comprehensive fundraising data on companies like Leverage Edu and gather other critical business insights.
Sign up for free to start exploring the wealth of information available at your fingertips.
