Egypt-based edtech, Educatly, has secured $2.5 million in a funding round led by TLcom Capital and Plus VC, with participation from Egypt Venture and the HBAN syndicate.

Why it Matters? The company operates in Egypt, Saudi Arabia, the UAE, Nigeria, Kenya, and Ireland and will use the funds to solidify its presence in the Middle East and Africa.

More to Know:

• Educatly was founded in 2020 by Mohamed ElSonbaty, Abdelrahman Ayman and Joan Manuel.
• Educatly’s platform provides information on all types of schools and universities worldwide, allowing students to make informed decisions. Additionally, it helps universities reach and engage with students.
• The company said its platform features over 1,100 universities in 90 countries.
• Previously, the company closed a pre-seed funding round from Enterprise Ireland, Falak Startups, and other investors.