The startup also guides students throughout their education and eventually career by giving them choice and advice

Edukasyon, an online platform that helps students in the Philippines to discover the right course and scholarships, explore career options and apply to their favourite school/college, has secured an undisclosed amount in pre-Series A funding from Asian and European investors, including KSR Ventures and French Partners.

The money will be used for geographic expansion across the Philippines, and also to add new verticals to its marketplace and integrate data science for its user base.

“This allows us to develop our product for our existing users, utilise data science to bring in new users while expanding to areas in the Philippines where students need us the most,” said Henry Motte-Muñoz, CEO and Founder of Edukasyon.

Edukasyon was started in 2015 as a platform to serve the niche segment of senior high schools in Metro Manila, allowing students to search and apply to a few dozen schools. Since then, it has expanded to related verticals, launching college, technical-vocational and study-abroad search-and-apply services.

Also Read: This PH edtech startup aims to set up high school kids for life

Currently, the platform connects more than one million students a month to more than 10,000 institutions in the Philippines and abroad. It also guides students throughout their education and eventually career by giving them choice, advice and convenience. It claims to have over 400 client partners all over the world, including the Philippines, ASEAN, Europe, North America and Australia.

By 2020, the startup aims to reach 50 million students in the ASEAN region.

“Informed decision-making in higher education is imperative to the well-being and success of students,” said Katrina Razon, Founder of KSR Ventures. “Edukasyon empowers students to lean into their strengths, skillsets and requirements to pursue their desired career path of choice. We believe an education-to-employment platform like Edukasyon can solve the discovery system’s pain points for students and schools alike.”

In the past, Edukasyon has raised a seed round led by UK-based impact fund Mustard Seed and supported by other impact funds, family offices and angel investors.

Today, higher education in the ASEAN region is fragmented with over 20,000 institutions that students can choose from. Despite tuition revenues growing over seven to 10 per cent year-on-year, the system is fundamentally inefficient with less than 40 per cent of students choosing to engage in higher education, leading to the high 30 per cent youth unemployment/underemployment rate in the region.

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