Edtech platform Purlos raises £450k for improving student's management in further education
2022-10-25 14:28:21

Purlos, the UK’s leading experience management platform for post-16 education announced recently its close of a £450k seed round led by Ufi VenturesThe round includes private investors working at some of the world largest EdTech firms, including the Chief Operating Officer of 2U.com and the CEO of Bibliu.

This round will bring its total raised to £750k. In November 2020, the startup has raised £300K in 

a seed funding round.

According to Purlos, the latest funding will be used to accelerate its growth, especially in the UK where students are struggling with the increasing complexity of available courses, and education providers are struggling for resources to engage them effectively.

Founded in 2019, Purlos works with Further Education Colleges & Universities to help them grow both their revenue and enrolment by converting and retaining more students during the admissions process. Purlos has since gone on to become one of the fastest growing and most innovative software providers in the country.

With dropout rates in the first six weeks of term ranging between 5 and 15% in UK Further Education, and 90,000 extra 16-19 year olds forecast to enter the FE market by 2025, it’s critical for institutions which have under-resourced admissions teams to automate and improve engagement with their students whether that’s before, during or after they leave college.

Purlos is helping overcome these challenges in three fundamental ways: 1)by engaging learners through modern communications channels including WhatsApp, the platform enables much more effective engagement with students; 2)AI and logic mapping allows Purlos to answer 90% of student queries, providing more timely responses and reducing the workload for clients;3)unique data analytics allow clients to identify the bottlenecks and pinch points in a learner’s journey, enabling personalised support where and when it is needed.

Working with over 20% of the FE market, Purlos boasts clients from multiple industries including FE colleges, training providers and government organisations. The platform is already supporting more than 200,000 learners and seeing a 400% increase year on year.

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