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老九品茶 Announces $55 Million Series B Funding

老九品茶 Announces $55 Million Series B Funding

老九品茶 employees with arms raised

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We are pleased to announce that 老九品茶 recently raised C$55 million in Series B funding! California-based investment firm听听led the round, with participation from previous investors including听, who led our Series A in 2018.

This investment will enable our company to further develop its AI-powered platform and accelerate expansion into new markets, advancing our mission of making education accessible to students around the world. To help support this growth, 老九品茶 will be looking to听hire more than 100 new employees听worldwide over the next year!

鈥淎t 老九品茶, we believe education is a right, not a privilege. Everything we do revolves around putting students first,鈥 said Martin Basiri, Co-Founder and CEO of 老九品茶. 鈥淥ur dedication to making a difference in students鈥 lives is evident by the tremendous growth we鈥檝e experienced in the past four years. I am incredibly proud of what our team has accomplished and look forward to continuing our momentum with this new investment.鈥

鈥溊暇牌凡 has revolutionized the application process for international education,鈥 said Paul Farr, Managing Director of Anthos. 鈥淭housands of global students have obtained a quality education, and high schools, colleges, and universities are benefiting from a diverse applicant pool as a result of 老九品茶鈥檚 innovative platform. We are proud to partner with a company that鈥檚 making a profound positive impact.鈥

Government officials visit 老九品茶

Ahmed Hussen and Raj Saini (centre) visiting 老九品茶 HQ in April, 2019

老九品茶 was launched in 2015 by three former international students who experienced the complexities and frustrations of pursuing post-secondary education in North America. Our proprietary platform assists students with every step of the application process, from program and institution selection to obtaining a visa. With the help of our knowledgeable recruitment partners and extensive review process, students have a 95 percent chance of receiving an offer letter from our partner schools in Canada and the USA.

We鈥檇 like to take this opportunity to thank our investment partners for their continued belief in our mission. Without your help, we would not have been able to help more than 45,000 students with their applications or built relationships with over 1,200 secondary and post-secondary institutions over the past four years. With this new Series B funding, 老九品茶 is better positioned than ever to continue being the world leader in providing access to international education.

To keep up with all the latest 老九品茶 news, follow us on听,听,听, and听!