About Shorelight Education
Shorelight Education is a company based in Boston (United States) founded in 2013. Shorelight Education has raised $67.84 million across 4 funding rounds from investors including Canadian Imperial Bank of Commerce and Huron Consulting Group. The company has 103 employees as of March 31, 2024. Shorelight Education offers products and services including School Match Quiz, Career Accelerator, Enrollment Support, and Visa Application Help. Shorelight Education operates in a competitive market with competitors including Leverage Edu, Leap Scholar, Yocket, Educatly and ForeignAdmits, among others.
- Headquarter Boston, United States
- Employees 103 as on 31 Mar, 2024
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Sectors
Education
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Phone
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Website
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Social
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- Legal Name Shorelight Education India Private Limited
- Date of Incorporation 30 May, 2017
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$1.89 M (USD)30.07as on Mar 31, 2022
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Net Profit
$180.49 K (USD)141.19as on Mar 31, 2022
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EBITDA
$305.58 K (USD)-14.58as on Mar 31, 2022
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Total Equity Funding
$67.84 M (USD)
in 4 rounds
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Latest Funding Round
$30 M (USD), Debt – Conventional
May 29, 2024
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Investors
Canadian Imperial Bank of Commerce
& 1 more
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Employee Count
103
as on Mar 31, 2024
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Products & Services of Shorelight Education
Shorelight Education offers a comprehensive portfolio of products and services, including School Match Quiz, Career Accelerator, Enrollment Support, and Visa Application Help.
Interactive tool to help students find suitable US universities based on preferences.
Program offering workshops and counseling for job preparation and internships.
Assistance with university applications and financial aid options.
Guidance on obtaining F-1 student visas for US study.
People of Shorelight Education
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Funding Insights of Shorelight Education
Shorelight Education has successfully raised a total of $67.84M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $30 million completed in May 2024. 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.
Investors in Shorelight Education
Shorelight Education has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Canadian Imperial Bank of Commerce and Huron Consulting Group.
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Commercial banking services are provided to individuals and businesses.
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Advisory, consulting, technology, and analytics solutions are provided across industries.
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Investor details for Shorelight Education
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Investments & Acquisitions by Shorelight Education
Investment portfolio details for Shorelight Education
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Financial Statements - Shorelight Education
Detailed financials for Shorelight Education
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Shorelight Education Comparisons
Peer comparison for Shorelight Education
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Competitors of Shorelight Education
Shorelight Education 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 Leverage Edu, Leap Scholar, Yocket, Educatly and ForeignAdmits, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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International study-abroad services and student mobility are facilitated for learners.
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Provides counseling, exam preparation, visa help, and financial planning for study abroad.
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Online platform for study abroad counseling and resources is provided.
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Admission assistance is provided via an online platform for students.
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AI-powered B2B platform connects study abroad consultants and universities.
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Detailed competitors of Shorelight Education
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Latest news on Shorelight Education
Complete news archive for Shorelight Education
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Frequently Asked Questions about Shorelight Education
Shorelight Education was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Shorelight Education is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Shorelight Education is a funded company, having raised a total of $67.84M across 4 funding rounds to date.
As of Mar 31, 2024, the latest employee count at Shorelight Education is 103.
Annual revenue of Shorelight Education is $1.89M as on Mar 31, 2022.
Shorelight Education was founded in 2013 and is headquartered in Boston, United States. Operations focus on the education sector, where consulting services are delivered to facilitate study abroad opportunities. International students are connected with universities and service providers to support enrollment and academic performance. The domain shorelight.com is utilized for these activities.
Shorelight Education's top competitors include Leverage Edu, Ambitio and The WorldGrad.
Shorelight Education offers School Match Quiz, Career Accelerator, Enrollment Support, and Visa Application Help.
Shorelight Education has 2 investors. Key investors include Canadian Imperial Bank of Commerce, and Huron Consulting Group.