Adventum Student Living (ASL), a study-abroad platform, has raised $5 million in a bridge round of funding led by new investor Cornerstone Ventures (CSVP Fund) and existing investors. The company plans to use the funds to expand its presence internationally and enhance its product suite to manage the complete student lifecycle from application to accommodation. ASL is the parent company of other study-abroad platforms such as UniScholars, UniCreds, and UniAcco, providing a one-stop solution for all study-abroad needs of students. UniScholars provides counselling and support services throughout the admissions process, UniCreds provides affordable education loans, and UniAcco helps students find accommodation of their choice. According to ASL, it has facilitated 500K students since its inception and competes with the likes of EUgateway, IDP consultancy, Edwise, Leverage Edu, The WorldGrad and others.
UniCreds, one of the study-abroad platforms under ASL (Adventum Student Living), has reportedly facilitated over $100 million in education loans through partnerships with banking and NBFC partners. UniAcco, another platform under ASL, claims to have access to over 3.5 million student accommodation beds in popular study destinations such as the UK, EU, Canada, and Australia. Along with UniScholars, which provides counselling and support services throughout the admissions process, these platforms aim to provide a comprehensive set of resources to support students in various aspects of their study abroad journey. Since its inception, ASL has reportedly facilitated the study abroad journey of around 500,000 students.