ScholarMe

New York, United States Founded: 2009 • Age: 17 yrs
Online platform providing scholarship and student loans for college students
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About ScholarMe

ScholarMe is a company based in New York (United States) founded in 2009.. ScholarMe has raised $400 thousand across 3 funding rounds from investors including TEDCO, GSV Ventures and Y Combinator. ScholarMe operates in a competitive market with competitors including RaiseMe, Scholly, Breakthru, Zinch and MillionDollarScholar, among others.

  • Headquarter New York, United States
  • Sectors
    Education
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Education → Education Technology (EdTech)
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $400 K (USD)

    in 3 rounds

  • Latest Funding Round
    $250 K (USD), Seed

    Oct 24, 2019

  • Investors
    TEDCO

    & 2 more

  • Employee Count
    Employee Count
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People of ScholarMe
Headcount 1-10
Employee Profiles 2
Employee Profiles
People
Femi Adebogun
Co-founder & CEO

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Teams

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Funding Insights of ScholarMe

ScholarMe has successfully raised a total of $400K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $250 thousand completed in October 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Seed — $250,000
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2019 Amount Seed - ScholarMe Valuation

investors

Aug, 2019 Amount Seed - ScholarMe Valuation

investors

Apr, 2019 Amount Seed - ScholarMe Valuation TEDCO
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ScholarMe

ScholarMe has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include TEDCO, GSV Ventures and Y Combinator. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital fund and startup accelerator programs focused on seed and early stage companies
Founded Year Domain Location
Ed-tech startups are funded by GSV Ventures through venture capital.
Founded Year Domain Location
Early-stage startups are accelerated via funding and educational programs.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ScholarMe

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - ScholarMe

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Scholarme Comparisons

Employees
+
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Competitors of ScholarMe

ScholarMe 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 RaiseMe, Scholly, Breakthru, Zinch and MillionDollarScholar, 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
Micro-scholarships are earned by students for high school achievements.
domain founded_year HQ Location
Scholarships are matched to high school students via adaptive technology.
domain founded_year HQ Location
A data platform is offered to engage young communities.
domain founded_year HQ Location
Student profiles are hosted to enable college recruitment and scholarships.
domain founded_year HQ Location
Scholarship discovery and application assistance are offered online.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Scholarme

Frequently Asked Questions about ScholarMe

When was ScholarMe founded?

ScholarMe was founded in 2009 and raised its 1st funding round 10 years after it was founded.

Where is ScholarMe located?

ScholarMe is headquartered in New York, United States. It is registered at New York, New York, United States.

Is ScholarMe a funded company?

ScholarMe is a funded company, having raised a total of $400K across 3 funding rounds to date.

What does ScholarMe do?

ScholarMe was founded in 2009 in New York, United States, and operates as an online platform in the student financial aid sector. Applications for FAFSA, scholarships, student loans, and college tuition refunds are facilitated for users. One-on-one chats with financial aid experts are also enabled to support college students in managing educational financing needs.

Who are the top competitors of ScholarMe?

ScholarMe's top competitors include RaiseMe, Scholly and Breakthru.

Who are ScholarMe's investors?

ScholarMe has 3 investors. Key investors include TEDCO, GSV Ventures, and Y Combinator.

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