What we do
So where do students go when they don’t receive the grades they had to wish for? It used to be the newspaper, then it was UCAS Online, now it seems that every student reaches into their pocket and grabs their smartphone, not to call their family members, but to search for their university course. That’s the reason that ed-tech company, University Compare is slowly becoming a household name.
University Compare raised $262,575 in their latest funding round to help demystify the university application process and to provide guidance to those applying to university. University Compare’s App ‘Clearing’ was a major milestone this year thanks to it sitting still of the UK App store for more than one week and generating more than 28 million app store views.
Imagine that you’re an 18-year-old college student and your results were not exactly what you had hoped for, or better than expected - the odds are you are likely to change your university. You now have to search through tens of thousands of courses and fast. It needs something innovative and Owen O’Neill’s mobile venture did exactly that, it’s also probably why the search term ‘Clearing’ was seen all August.
University Compare’s app ‘Clearing’ featured helped fund more than £60m worth of university tuition, a major dent in the higher education section thanks to over 46,000 user logins on A Level Results Day. Owen O’Neill went on to say:
“A student logged into use our service every 1.8s, which, as we watched in real-time on the day was phenomenal. It’s clear that there is a shift in the way students research their university choices and luckily we’re at the forefront of this movement.”
“I know entering into Clearing can be an emotional experience for school leavers, so we put a lot of time and effort into developing an app that serves as a useful and easy-to-use resource with the kind of info we know students want to know.”
University Compare has gone from strength-to-strength and boasts some impressive stats, they are set to hit a 1000% increase in their student registrations along with a 300% increase in site traffic, all in 9 short months - it seems this edtech company is making clear and yet very smart moves.
The site uses reviews from former students with a social-led rating system, users can compare average graduate salaries, employment rates, student satisfaction and even the cost of a local pint at the university they’re interested in.
Their latest funding round was secured via Seedrs.com and scooped £75,000 from previous Sportingbet founder, Mark Blandford. Sportingbet was sold to William Hill in 2013 for an est. $650 million. Mark Blandford when on to say:
“University Compare has a clear value proposition in a growing marketing, in my opinion, O’Neill understands the opportunity and how to execute on it. I look forward to working with him.”
Our social impact
This project was last updated 6 months ago