We have advised the Global EdTech startup, Unibuddy on its US$20 million Series B investment.
Unibuddy is the number one peer-to-peer university recruitment platform that has helped 770,000 students from over 180 countries make better decisions about their higher education journey. The platform works with 450+ higher education institutions worldwide, from the University of Cambridge (UK) and the University of Southern California (US) to Taylor’s University (Malaysia) and Bond University (Australia).
Unibuddy has raised a total of US$32 million since its inception in 2017. It is focused on addressing new recruitment challenges such as attracting quality candidates, cultivating diversity and inclusion, and alleviating concerns around safety.
Commenting on the transaction, Corporate Technology & Life Sciences Partner Siobhán Langwade, said: "This round will accelerate Unibuddy's exceptional growth. We continue to work with the most ambitious, innovative businesses in the market, and we share their focus on believing in digital transformation technologies to reinvent university recruitment. We wish Unibuddy all the best as it enters the next phase of its life."
Diego Fanara, co-founder and CEO of Unibuddy added: “This deal is a huge success in our business story, and it will enable us to achieve our goal to empower 10 million students to progress on their higher education journey by 2025. Siobhán and the Taylor Wessing team were fantastic throughout, and provided insightful, practical and commercial advice. Their reputation as one of the UK's leading law firms for advising technology companies is well-deserved."
The team was led by Corporate Technology & Life Sciences Partners Siobhán Langwade and Angus Miln, with support from Associate Harry Ruffell, and Paralegals Amie Corry and Francesca Moore. Additional advice was provided by Tax & Incentives Partner Ann Casey.