We are proud to announce that earlier this year, we closed an investment round of $2.5 million, led by Octopus Investments, with participation from Fresco Capital, Seedcamp, and investors Jonnie Goodwin (Lepe Partners/Founders Forum) and Deborah Quazzo. BridgeU is the first EdTech investment Octopus has made, and GSV Capital (based in Silicon Valley) is one of the top 3 global investors in our sector, having had extraordinary success with prior education investments including 2U, Chegg, Knewton and General Assembly.We are thrilled to have the backing of experienced investors and industry experts who are joining us in the journey to bring intelligent university preparation to secondary schools around the world!
BridgeU Founder and CEO Lucy Stonehill said “BridgeU has always been about finding the best ways to bring extraordinary value to our student and school customers. This new funding will enable us to expand our product and education teams so that we can build on our existing products, adding earlier stage decision-making tools, as well as launching new university destinations, at a speed that allows us to keep pace with the growing demand we see from schools.”
Co-Founder and Chief Technology Officer Hywel Carver comments on BridgeU‘s product philosophy: “For most students, higher education decision-making remains a black box: students send off their academic results together with essays and references and are eventually accepted or rejected. Technologically, BridgeU’s approach combines huge quantities of data with commercially successful data science techniques in order to provide individual students with personalised, data-driven insight into their university applications.”