Array ( [0] => Array ( [archivedAt] => 0 [archivedInDashboard] => [attachedStylesheets] => Array ( ) [authorName] => Yasintha Viraj [blogAuthorId] => 60842478662 [categoryId] => 3 [contentGroupId] => 68639037501 [contentTypeCategory] => 3 [created] => 2023-07-18T06:59:02.571Z [createdById] => 44152124 [currentState] => PUBLISHED [currentlyPublished] => 1 [domain] => [enableGoogleAmpOutputOverride] => [featuredImage] => https://20616828.fs1.hubspotusercontent-na1.net/hubfs/20616828/Victor%20-%20Adventus%20Thumbnail.jpg [featuredImageAltText] => [htmlTitle] => Adventus raises AUD$22m from existing investors [id] => 125231901544 [language] => en [layoutSections] => Array ( ) [metaDescription] => International student recruitment marketplace Adventus.io has raised AUD$22 million in series B funding from its existing shareholders. [name] => Adventus raises AUD$22m from existing investors [postBody] =>

Originally published in Pie News on 22nd May 2023, written by Viggo Stacey

The cash injection will allow the company to maintain and consolidate the position it holds in the international education sector, it said.

“This latest round of funding is a strong vote of confidence from our investors and a testament to Adventus’ growth trajectory and potential,” Victor Rajeevan, Adventus.io CEO & co-founder, said in a statement.

“Despite launching in the midst of a pandemic, we’ve expanded our team across 15+ countries, and witnessed remarkable year-on-year growth, and this year is no different.

“The funds will be used to accelerate our technology capabilities (including investments in automation and AI) and deepen our relationship with our partner institutions and recruiters, to ensure we continue to place high-quality students in sought after institutions,” he added.

The Software-as-a-Service platform initially launched in 2020 with a $12 million backing in series A funding, before adding $11m in investment a year later.

Since its establishment, Adventus.io has invested in a real-time data platform, acquired ratings publisher Good Education Media Press and on-boarded cricketing legend Ricky Ponting as brand ambassador.

The company’s admissions and compliance servicing arm, Adventus Professional Services, which London Metropolitan University has signed up for, is said to have been an important addition to the Adventus.io portfolio.

Former CEO Ryan Trainor stepped back from the company earlier this year, and has shared a powerful story of the impact that running the start up has had on his health.

With the latest investment, Adventus.io has made strategic appointments to its team. Peter Backwell, with experience at Altus Group and Australasian Retail Projects as well as accounting firms such as Deloitte and KPMG, is stepping in to the role of chief financial officer.

“This year we’re doubling down on quality and efficiency”

Simon Rosenberg, with over 17 years of broad commercial experience as a senior executive at SEEK, has joined at chief operating officer, while former deputy director/head of international recruitment at Cardiff University, Siobhan Robinson, has recently been appointed partnership director for UK and Europe.

“We have achieved our global enrolment targets for Q1 and continue to grow our revenue while managing our costs effectively, and we have doubled student enrollments in Q1’23 vs Q1’22. It is therefore an exciting time to be joining, as traction with recruiters and global institutions continues to ramp up,” Rosenberg said.

“This year we’re doubling down on quality and efficiency to ensure the right students make it to the right institutions.”

Adventus.io currently works with over 1,600 education institutions and 8,000 recruiter partners globally. It is on track to process 60,000 students this year.

Aggregator platforms may find an uphill battle however as stakeholders, especially in Canada and Australia, are piling pressure on their respective governments to regulate the education agent sector.

[postSummary] =>

Originally published in Pie News on 22nd May 2023, written by Viggo Stacey

[publicAccessRules] => Array ( ) [publicAccessRulesEnabled] => [publishDate] => 2023-07-19T04:52:44Z [rssBody] =>

Originally published in Pie News on 22nd May 2023, written by Viggo Stacey

The cash injection will allow the company to maintain and consolidate the position it holds in the international education sector, it said.

“Despite launching in the midst of a pandemic, we’ve expanded our team across 15+ countries, and witnessed remarkable year-on-year growth, and this year is no different.

The Software-as-a-Service platform initially launched in 2020 with a $12 million backing in series A funding, before adding $11m in investment a year later.

Former CEO Ryan Trainor stepped back from the company earlier this year, and has shared a powerful story of the impact that running the start up has had on his health.

“This year we’re doubling down on quality and efficiency”

“This year we’re doubling down on quality and efficiency to ensure the right students make it to the right institutions.”

Adventus.io currently works with over 1,600 education institutions and 8,000 recruiter partners globally. It is on track to process 60,000 students this year.

Aggregator platforms may find an uphill battle however as stakeholders, especially in Canada and Australia, are piling pressure on their respective governments to regulate the education agent sector.

[rssSummary] =>

Originally published in Pie News on 22nd May 2023, written by Viggo Stacey

[slug] => adventus-raises-aud22m-from-existing-investors [state] => PUBLISHED [tagIds] => Array ( [0] => 69148816660 [1] => 69221013088 [2] => 125358696054 ) [translations] => Array ( ) [updated] => 2023-07-19T05:05:20.457Z [updatedById] => 44152124 [url] => https://blog.adventus.io/adventus-raises-aud22m-from-existing-investors [useFeaturedImage] => 1 [widgetContainers] => Array ( ) [widgets] => Array ( ) ) )

Case Study

Destiny Education Solution

Recruitment Agent, Sri Lanka

Talk to us

Sri Lanka

Highlights

Access to diversified portfolio after the pandemic
Matched students with the right courses at the right institutions
Adventus.io webinars helped counsellors stay updated with the latest information

Challenge

Diversifying their institutions portfolio

Rihan Ahamed, Business Development Manager & Student Recruitment at Destiny Education Solution, believes in changing students’ lives by helping them to achieve their dreams. After operating in the Australian market for 11 years, when the pandemic hit in March 2020, they realised the need to diversify their portfolio with new destinations to support their students. Students across Sri Lanka come to Destiny Education Solution because of their reputation. They don’t give false promises and charge even a single penny until the student receives their visa outcome.

Solution

Guiding students with the support of Adventus.io

Since partnering with Adventus.io, Destiny Education has provided students with more opportunities than they ever imagined. Now, counsellors are able to assist students who may not meet the requirements for admission to institutions in Australia by guiding them towards study options in destinations that are more suitable for their profiles and needs.

Rihan says, “Before Adventus came into play, options were not available to cater the student’s needs and wants. Now we have many options which has helped us double the number of students. We provide a customised service for each and every student, till they get the visa.”

Overcome

Helping recruiters with local support

Since partnering with Adventus.io, Destiny Education Solution have seen their student placements double. Their team delivers higher quality service and diverse study abroad options with the help ofAdventus.io platform features, such as Quick Uni Finder, which helps them get the right course for the student’s profile and preference.

In addition to the support from Adventus.io’s local team, Adventus.io helps Destiny’s counsellors stay up to date with the latest information.

Study Guide Overseas, India

How Adventus.io is partnering with Study Guide Overseas to help students achieve success.

Life Course, India

How Adventus.io is helping to rebuild business for Life Course.

Lyceum Placements, Sri Lanka

How Adventus.io is partnering with Lyceum Placements to help scale the business.

Trusted by 0+ institutions globally

Destiny Education Solution

Highlights

Challenge

Solution

Overcome

Try Adventus.io for free

No monthly fees on paid plans!*