Waterloo’s ApplyBoard Raises $100 Million With Plans To Hire 100

ApplyBoard has raised a $100 million Series C funding round, with the company claiming that its post-money valuation now sits at $2 billion.

The Kitchener-Waterloo based startup was founded in 2015 and offers an artificial intelligence-enabled recruitment platform helping international students apply to post-secondary education abroad.

ApplyBoard currently works with more than 1,200 educational institutions and 4,000 recruitment partners around the world and claims to have directly assisted over 100,000 students.

According to today’s news, ApplyBoard plans to continue growing its team. The startup has been scaling quickly, expanding its team from 180 in May 2019 to around 400 employees now. The company spans 20 countries, with around 300 of those employees working out of the startup’s Kitchener-Waterloo office.

With this latest funding round, ApplyBoard plans to bring on at least 100 more employees. Basri noted that the majority of those positions are currently open.

Check out ApplyBoard’s current career opportunities on the Tech Talent Canada job board.

Read more about today’s funding news on Betakit.