Leap, a prominent full-stack international student mobility platform, has secured $65 million in a fresh round of funding. The round was led by Apis Growth Markets Fund III and Apis Global Growth Fund III, with participation from existing investors including Owl Ventures, Jungle Ventures, and Peak XV Partners.
Although the company has not disclosed its exact valuation, it was reportedly aiming for a valuation surpassing $1 billion. Leap’s previous Series D round in 2022 had valued the Bengaluru and San Francisco-based firm at around $850-900 million. With this latest funding, Leap has now raised over $200 million since its inception in 2019.
Leap operates through multiple platforms, including LeapScholar, LeapFinance, GeeBee, and Yocket, which together serve as a comprehensive ecosystem for study-abroad aspirants. The company provides a wide array of services such as test preparation (IELTS, TOEFL, SAT), admissions and visa counselling, as well as financial support in the form of international student loans.
Focusing primarily on educational institutes in the US, Canada, UK, and Australia, Leap has successfully served over 1 million students and forged partnerships with over 1,000 top-tier educational institutions globally.
Co-founder Vaibhav Singh shared, “Students love Leap’s one-stop approach to their international education needs. We have witnessed 5x growth since our Series D two years ago. Today, Leap is not only the study-abroad platform of choice in India but is also rapidly establishing itself as a global leader, scaling operations in 10+ countries.”
With this new injection of funds, Leap is poised to further scale its operations and solidify its position as a global leader in international student mobility, helping students navigate their education journey abroad.
