On May 27, 2019, ApplyBoard announced the closing of a $55 million Series B financing round led by Anthos Capital with participation from previous investors including Artiman Ventures. This current round brings ApplyBoard’s overall funding to $72 million to date. The company plans to hire more than 100 employees over the next year for its Kitchener and international offices, as it pursues accelerated expansion into new markets, advancing the company's mission of making education accessible to students around the world. It also plans to use the funding to further develop the AI behind its matching platform.
ApplyBoard is a Kitchener-Waterloo-based AI-enabled recruitment platform helping international students apply to post-secondary education in North America.
Anthos Capital a California-based investment firm that looks to invest in growth-stage companies.
Artiman Ventures is a early stage venture fund based in Silicon Valley.
Osler, Hoskin & Harcourt LLP represented ApplyBoard with a team consisting of Chad Bayne, Michael Grantmyre (Emerging and High Growth Companies), Chad West (Tax) and Jennifer Cao (Corporate).