ASL (Adventum Student Living), a leading study-abroad platform that owns the UniAcco, UniCreds and UniScholars brands, has raised a bridge equity round USD 5 million led by new investor Cornerstone Ventures (CSVP Fund) and existing investors as a bridge to its proposed Series B round of USD 20 million.ASL is a unified student lifecycle management platform assisting students in their application-to-accommodation journey with a digital-first approach. To date, ASL has benefitted over 500K students through its platforms. UniScholars has successfully placed students in more than 100+ universities worldwide, providing counselling and support services throughout the admissions process.
UniCreds, an extended arm of UniScholars, has facilitated over USD 100 million in education loans through banking and NBFC partners, ensuring that financing is not a barrier to academic success. UniAcco, the other extended arm of UniScholars, offers the largest inventory of over 3.5 million student accommodation beds in the UK, EU, Canada, and Australia, working with leading property owners and managers to provide safe, comfortable, and affordable accommodation options to students. Together, these three platforms provide a comprehensive set of resources to support students in various aspects of their study abroad journey.
ASL, the holding company of the brands UniAcco, UniCreds and UniScholars, said it will use the funds to expand its presence internationally and enhance its product suite to manage the complete student lifecycle from application to accommodationThe investment will also be used to strengthen its position and build deeper partnerships in key geographies of the UK, EU, Canada, Australia, and USA.
