College counseling service Empowerly raises $15M

Empowerly has triumphantly secured $15M in funds, led by Conductive Ventures, for the expansion of its college counseling startup. With a financial track record of $30M raised to date, the startup is poised to escalate their already significant impact on education.

• Regional Growth: The injection of fresh capital will fuel Empowerly's growth plans, including the debut of its AI-enhanced products and a brand-new mobile app slated for a U.S. launch by the end of 2024.

• Testament of Tenacity: Changxiao Xie heralds the funding as a vote of confidence, reflecting their impactful recruitment strategies, data-driven decision-making, and contoured student guidance services.

• Navigating Competitive Admissions: The startup's relevance intensifies as college admissions grow fierce. The company addresses the need for advice in the face of staggering counselor-to-student ratios.

• Personalized Support: Empowerly, founded by Hanmei Wu and Xie, is more than just counseling; it's about 1-on-1 mentorship and curated plans offering services from essay editing to internship prep. This personal touch is particularly critical considering students might invest up to 200 hours applying to colleges.

While its comprehensive counseling packages begin at $5,000, Empowerly offers a spectrum of fee-based services, positioned to provide value in a competitive market space.