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International Student Recruitment Marketplace Adventus.io Successfully Closes USD$8.5 Million Series A Round to Accelerate Global Expansion
Targets 5X growth over 2021 to facilitate 25k+ student applications
MELBOURNE, Australia (BUSINESS WIRE) #edtech Adventus.io, a SaaS-based college student recruitment platform with over 1,000 education institution partners globally, today announced it has raised an additional USD$8.5 million to close a USD$17.5 million Series A financing round led by Australian venture capital firm Our Innovation Fund, LP (“OIF”). Significant investments were received from NCN Investments and Kin Group USA who will join existing lead investor 333 Capital and the company’s founders Ryan Trainor, Lincoln Trainor, Victor Rajeevan and Richard Uren. This capital injection positions Adventus.io to accelerate its global expansion, especially in the US.