ApplyBoard nabs $55 mln in Series B round, Anthos Capital leads

ApplyBoard, a Kitchener, Ontario-based international student recruitment platform, has raised $55 million in a Series B financing. The round was led by U.S. growth equity firm Anthos Capital. It was joined by existing investors, including Artiman Ventures, which led last year's $17 million Series A financing. Founded in 2015 by CEO Martin Basiri and CMO Meti Basiri, ApplyBoard provides an artificial intelligence-enabled platform that helps international students apply to study at North American educational institutions. To date, it has assisted more than 45,000 students with their applications. ApplyBoard will use the funds raised to further develop its technology, enter new markets, and hire additional talent.

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