News & Events

On May 28 this year, the international application service platform ApplyBoard, a CCAA angel round investment enterprise of Zhongguancun Dahe Capital, announced that it had completed round B financing of 55 million dollars. However, it is less than one year before it has completed the round A financing of 17 million US dollars.

On November 7, ApplyBoard sent another good news and was rated by Deloitte, one of the four largest accounting firms, as one of Canada’s 50 fastest growing technology companies. According to Deloitte’s statistics, from 2015 to 2018, ApplyBoard’s performance achieved a growth of 12525%, ranking first in the ranking.

Deloitte Technology Fast 50 ™ The selection was jointly initiated by Deloitte Touche Tohmatsu, Bank of Montreal, Canada, CBRE, a Canadian commercial real estate company, and a number of famous investment banks and fund companies. It has a history of 22 years and has been rated as Canada’s top technology award program. The program aims to encourage startups with rapid business growth, innovation and entrepreneurship to further develop.

In addition to the ranking category of the top 50 science and technology companies, there are also the top 15 fast growing enterprises (according to the percentage of revenue growth, the fastest growing enterprise level technology, media and telecommunications companies in the past four years) and the most noteworthy company award (an early Canadian science and technology company that has the potential to become a candidate for Deloitte’s top 50 high-tech high growth companies).  

There are many dimensions to evaluate a company’s growth, but it is recognized by the most authoritative international audit company. ApplyBaird relies on its bold scientific and technological innovation, excellent entrepreneurship and strong support from its partners.

Successful cross boundary between science, technology and education.

ApplyBoard, founded in 2015 by Martin and his twin brothers, is an AI platform to help international students apply for education abroad in North America.

Martin（CEO） and his two twin brothers Meti Basiri (CMO), and Massi Basiri (COO)

ApplyBoard has brought unprecedented innovation to international education: its artificial intelligence algorithm will help applicants match the best universities and projects for studying abroad according to students’ educational background, learning plans, financial conditions and other key conditions. Applicants can submit applications from multiple schools online only by filling in one document. At the same time, ApplyBoard will carefully review and process each application through its structured review system, send perfect applications that meet the basic admission conditions to the cooperative colleges, and communicate with the schools until the students receive the official admission results.

In the past four years, ApplyBoard has helped more than 45000 international students from more than 100 countries apply for cooperation with more than 1200 North American cooperative colleges, including but not limited to universities, colleges, public education bureaus (K-12) and language schools in Canada and the United States. For partners in the Chinese market, ApplyBoard does not charge any service fee and shares up to 80% of the commission with partners.

Rapid development and remarkable achievements.

In 2016, ApplyBoard had only 16 employees, which increased to 70 by the beginning of 2018. At present, their employees have reached the scale of 180. It is located in Kitchener, Beijing, Nepal, Vietnam, the Philippines and India. In the past few years, the rapid development of the ApplyBoard team has prompted it to move its office twice. In April this year, ApplyBoard officially opened a 30,000 square foot headquarters in Kitchener, Ontario.

The 180 person team represents almost 20 different countries and spoken languages and has a 50/50 gender split. Source: ApplyBoard.

Financing is not inferior. In July 2018, the Company completed a round A financing of 17 million US dollars led by Artiman Venture; In May 2019, the round B financing of 55 million US dollars led by nthos Capital in California was completed.

Martin, the founder, once said in an interview: “I think one of the important reasons why we can attract investment is that we can not only solve the long-standing problem of the pain point of studying abroad, but also solve this problem very well, quickly and efficiently. Most of our employees are international students, so we can do this, we understand it, and our products are really effective.”

In addition to the 50 fastest growing technology companies in Deloitte Canada, in February this year, ApplyBoard, together with well-known enterprises such as IBM, Google and Blackberry, was included in the Blue Map of Artificial Intelligence Ecosystem in Waterloo, Canada by the Economic Development Committee, a non-profit organization in Waterloo; In June, the company was first nominated by the world famous independent media, recruitment and event company The PIE as the PIEoner of the year in 2019, and then by the world leading industrial platform EdTechX as the only education technology company in North America to be shortlisted among the world’s 20 “EdTechXGlobal Awards 2019 Scale Up category”; In July, PwC, the world’s four largest accounting firms, nominated ApplyBoard as the only six educational technology companies in Canada. With the goal of solving international education problems, ApplyBoard is on the fast track of international education development.