Cialfo knows how to make the college application process easier for students aspiring to study abroad. Cialfo is such a platform where school research, communication tools for students and counsellors, along Direct Apply—which assists international students to find and apply to a variety of programs by a single application form—all can be found under one umbrella.
Cialfo has announced today that it has raised in Series B funding $40M, which was led by SEEK Investments and Square Peg.
The round, where participants included returning investors such as DLF Ventures, Lim Teck Lee, SIG Global, and January Capital, has brought Cialfo’s total raised till now to $55M, which included a $15M Series A that was announced in last year’s February.
The Singaporean edtech presently possesses more than 170 staff in India, the US, China, and Singapore. It is partnered with approximately 1,000 universities across the globe, including the University of Chicago, Imperial College London, and IE University in Spain.
Cialfo was founded by Rohan Pasari, William Hund, and Stanley Chia in 2017. The team mentioned that Pasari was encouraged by his student life’s personal experiences. His school had no career counselor in his high school in India, where he grew up. Due to this, the students had to navigate through the college application process all by themselves, without any guidance.
Pasari had, at first, come up with an education consultation company with Chia, where 200 students were working with them. Then the duo wanted to scale up their services by using tech. Due to this, they sold their consultancy in 2017. They used the proceeds from this to launch Cialfo.
The team said that their mission was always to help 1M students to get ready in their journey for the college application process. There are three pillars for achieving this, they added—admittance to information, customised assistance, and economical resources. And when all the three pillars are brought together, the democratisation of education will occur, the team believed.