About API Abroad
API Abroad is a company based in Austin (United States) founded in 1997 by Brittany Norman, Jennifer Attal Allen, Sharon Foerster, and Julie Leitman was acquired by Sterling Partners in June 2018.. API Abroad offers products and services including Study Abroad, Internships, Virtual Gap Year, and High School Programs. API Abroad operates in a competitive market with competitors including Niche, CollegeVine, SchooLinks, Common Application and Unigo, among others.
- Headquarter Austin, United States
- Founders Brittany Norman, Jennifer Attal Allen, Sharon Foerster, Julie Leitman
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Academic Programs International, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$17.5 M (USD), Debt – Conventional
Jun 21, 2018
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Investors
TPG Twin Brook Capital Partners
& 2 more
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Employee Count
Employee Count
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Acquired by
Sterling Partners
(Jun 01, 2018)
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Products & Services of API Abroad
API Abroad offers a comprehensive portfolio of products and services, including Study Abroad, Internships, Virtual Gap Year, and High School Programs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Facilitates credit-earning experiences in foreign universities
Provides international work placements for skill building
Offers remote programs for personal growth and exploration
Delivers international experiences for secondary students
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Funding Insights of API Abroad
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $17.5M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Debt – Conventional - API Abroad | Valuation |
investors |
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| May, 2018 | Amount | Private Equity Round - API Abroad | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in API Abroad
API Abroad has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include TPG Twin Brook Capital Partners, Sterling Partners Education Opportunity Fund and Sterling Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments are directed toward education sector startups.
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Founded Year | Domain | Location | |
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Private equity firm
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Founded Year | Domain | Location | |
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Cash-flow based financing solutions are provided to middle market sponsors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by API Abroad
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - API Abroad
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Api Abroad Comparisons
Competitors of API Abroad
API Abroad operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Niche, CollegeVine, SchooLinks, Common Application and Unigo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A platform for finding and comparing educational institutions is provided.
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| domain | founded_year | HQ Location |
College admissions consulting and student mentorship services are provided.
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| domain | founded_year | HQ Location |
A platform is provided for college and career readiness.
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| domain | founded_year | HQ Location |
Online platform for discovering and applying for colleges
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| domain | founded_year | HQ Location |
Online platform providing admission assistance solutions
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| domain | founded_year | HQ Location |
Students are matched to colleges through an online discovery platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about API Abroad
When was API Abroad founded?
API Abroad was founded in 1997 and raised its 1st funding round 21 years after it was founded.
Where is API Abroad located?
API Abroad is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Who is the current CEO of API Abroad?
Jennifer Attal Allen is the current CEO of API Abroad. They have also founded this company.
What does API Abroad do?
Founded in 1997 and based in Austin, United States, API Abroad operates as an online platform in the higher education sector. Programs are discovered by students according to criteria such as subject, location, session, and cost. Information on internships is also provided to support educational and professional planning. The platform serves users seeking structured higher education options.
Who are the top competitors of API Abroad?
API Abroad's top competitors include Niche, CollegeVine and SchooLinks.
What products or services does API Abroad offer?
API Abroad offers Study Abroad, Internships, Virtual Gap Year, and High School Programs.
Who are API Abroad's investors?
API Abroad has 3 investors. Key investors include TPG Twin Brook Capital Partners, Sterling Partners Education Opportunity Fund, and Sterling Partners.
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