Unigo.com
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Unigo.com - overview
Established
2007
Location
New York, NY, US
Primary Industry
Internet
About
Unigo. com is an online platform that connects students with over 3. 6 million scholarships and grants, providing resources to empower informed educational choices for high school and college students. Founded in 2007 in New York, US, Unigo specializes in educational funding solutions.
The company was acquired by EducationDynamics in June 2016, with financial terms undisclosed. Amin K serves as the CEO and is among the founders, alongside Brooklyn Dippo, Steen Grøndahl, and Wendy Segrest. Unigo specializes in providing a comprehensive platform for students seeking educational funding through over 3. 6 million scholarships and grants.
The core offerings include a personalized scholarship search tool that matches users with scholarships based on their profiles, ensuring relevant results tailored to their unique backgrounds and qualifications. Additionally, Unigo hosts a variety of college resources, including detailed college reviews and educational articles, facilitating informed decision-making for prospective students. The primary user base encompasses high school students, college undergraduates, and adult learners across the United States. Their services are aimed at addressing the financial barriers to education, enhancing accessibility for students across diverse geographical markets, including urban and rural areas nationwide.
Unigo generates revenue through a combination of partnerships and sponsorship models, where educational institutions and scholarship providers pay to be featured on the platform. These transactions typically occur as sponsored listings, allowing schools to enhance their visibility among potential applicants. Clients, primarily educational institutions and scholarship organizations, engage with Unigo to promote their offerings to a relevant audience, while students benefit from a streamlined application process for numerous scholarships. The platform's flagship services include scholarship matching and comprehensive college reviews, which contribute to its revenue structure.
Specific pricing details for these services are aligned with the partnerships established with educational entities, ensuring a win-win scenario for both institutions and students. Unigo plans to enhance its offerings by launching new products aimed at further streamlining the scholarship application process, with specific features targeted for release in late 2023. The company is also looking to expand its reach into new markets across North America and aims to establish a presence in Canada and Mexico by 2025. The recent funding round, which raised USD 1.
60 mn in Series A funding led by McGraw Hill LLC, will be utilized to support these initiatives, focusing on technology enhancements and market expansion strategies.
Primary Industry
Internet
Sub Industries
Education & Training Website, Web Applications, Education & Training Software
Website
www.unigo.com
Verticals
EdTech
Company Stage
Acquired
Total Amount Raised
Subscriber access only

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