HomeUSAShorelight Receives Closes $30M Revolving Facility

Shorelight Receives Closes $30M Revolving Facility

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Shorelight, a Boston, MA-based enrollment and performance management platform that drives international student success at top universities, closed a $30M revolving facility with CIBC Innovation Banking.

The company will use the extended financing to continue enhancing its product and service offering to international students and university partners.

Shorelight leverages proprietary technology to provide international students access to top educational institutions in the US and abroad, and supports them through the entire student journey. From selecting a university, to arriving on campus or engaging online from their home country, to progressing through to graduation and ultimately beginning their careers, Shorelight’s student enrollment, outcomes and performance management platform enables student success at scale.

FinSMEs

30/05/2024

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