Edtech startup Cialfo raises US$3m in Series A funds for US expansion

Funding Rounds

Summary

Cialfo’s platform helps with the college admissions process by collating key information of schools around the world, Stanley Chia, co-founder and COO (chief operating officer) of Cialfo, told BT. François-Xavier de Mevius, principal at DLF Venture, said: “What convinced us about Cialfo was their ability to disrupt the (admissions) counselling market, by going back to the core: an obsessive focus on the customer. “The entire platform is built around its users (counsellors, students and parents) and by offering 24/7 customer support, they bring average response times down from days to just hours. As Cialfo expands, the goal is to be able to use artificial intelligence and Big Data to do predictive matching of students to educational resources, Mr Chia said. So by analysing the strengths and weaknesses of an applicant, the platform can suggest resources such as internships, online courses or competitions that the student can tap to beef up their profile.

$ Funding

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Amount $5.5M Total raised
Date May 14, 2019 Announcement date
Investors - Lead investors
Company http://cialfo.co Funded company

Classifications

industries
EduTech - institutions
applications
Data Management

AskAI Classifications

Labels
Educational Technology Software as a Service (SaaS) College Counseling Platform

Linked Companies

Cialfo
$10M to $25M