The Discov

The Discov is the world's first unbiased digital study counsellor using data to create a perfect match between student and university, helping students find their ideal universities and helping universities recruit their ideal candidates.

Basic details

Amount raising

€350,000

Country

Netherlands

Industry

EdTech

Website

https://www.thediscov.com

Founders

Last updated:

September 7, 2023

Key Achievements

Since going live in February 2021, we have now advised 40 000 students through our platform (these are students that convert and receive study advice) in 2021 we advised 5000 students, in 2022 we advised 20 000. students, already this year we have advised 15 000 students also growing from 1500 students per month to 2000 students. Our monthly visits have also grown from 10K in 2022 to 30K in 2023 through complete organic growth.
We fully validated our business model in the Netherlands renewing 80% of our university customers at double the contract value after our first year. Since renewal after beginning expansion in January 2023 we have figured out scaling in the UK and created a repeatable sales process, understanding cold acquisition channels and closing. We have now also signed our first contract in the USA with a university.

Premium Details Available

Monthly Revenue
Growth rate (month over month)
Contextual explanation on monthly revenues
Number of paying customers
Number of active users
Percentage of company owned by founders
Amount raised in the past
Is there a lead investor?
Amount in this round already committed
When aiming to close this round?

Percentage of their time founders are spending on this.
Is there a founder with previous c-level or founder experience?
Is there a founder with exit experience?
Is there a founder with previous sector experience?
Is there a women founder with at least 5% in the team?
Year founded

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Premium Details

(Data is self reported)

Monthly Revenue

€10K - €20K

Growth rate month over month

4-8%

Monthly revenue context

Number of paying customers

Monthly active users

2000

How much have you raised in the past?

250 000 (total) 200 000 VC 50 000 Angel

Do you have a lead investor?

How much of this round already committed?

50 000

When are you aiming to close this round?

Patent status

Year founded

2020

How much time do the founders spend on the business?

100%

Is there a founder with previous co-founder / c-level at startup experience?

Is there a founder with previous Sector Experience?

Yes

Is there a founder with previous Exit Experience?

What percentage of company is owned by founders?

70-79% owned by founders

Is there a women founder with at least 5% of the shares?

Is there a founder with a EUR / Erasmus MC or TUDelft relation?

None of these

Graduation year from EUR, Erasmus MC or TUDelft

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