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GradChat
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Gradchat is a mobile application designed to dramatically streamline campus related communication between the administration, students and alumni (Think Yammer for educational institutions).

http://www.gradchat.com/

Funding Received 0

INVESTMENT SOUGHT:

LKR 20,000,000

INVESTMENT RECEIVED:

LKR 12,333,333

EQUITY ON OFFER:

15%

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Gradchat is a mobile application designed to dramatically streamline campus related communication between the administration, students and alumni (Think Yammer for educational institutions). We hope to be the ‘pulse of the campus’ in high-schools and universities worldwide. With our app, .edu e-mail addresses become redundant. E-mail is done. Welcome to campus communication in the 21st century.

 

Fishburners Membership
Fishburners is the biggest launchpad for startups in Australia. Over the years the Fishburners community added a long list of strategic partners to support the community including Google, Dropbox and Amazon. Membership (20% acceptance rate now) gives us access to mentoring, partnerships, investment and customers linked to the Fishburners network. There are two startups events held daily at the Fishburners space. We are already in talks with Gradconnection from the community to help make inroads to campus administrators.
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Initial investors:
Investor 1 “Head of largest subsidiary of a blue chip in SL”
Investor 2 “Fund Manager based in Dubai”
Investor 3 “15 year IT veteran in large IT firm”

 

New investors:
Investor 1 “Banker in Dubai”
Investor 1 “Travel professional in Dubai”
Investor 3 “Family business in hotels/entertainment”
Investor 4 “Seasoned IT professional with 20 + years experience”

Traction

  • Colombo University – free client
  • ACBT – paid customer
  • Mercury Institute – paid customer
  • St. Joseph’s College – paid customer
  • Achievers Business School – Trial
  • Signing contract with entrepreneurship school in Sydney ‘The Inventorium’ for 100 users
  • Signing contract with ‘Academy of Entrepreneurs’
  • Signing contract with AVLC on 1st of August
  • Trial with student union of Queensland University Business School
  • US sales efforts on 1st of June in partnership with The Ivy Key
  • Launching a pilot program with 10 student clubs in the Door of Clubs

Partnerships & Integrations

Discussions are underway with Torrens UniversityLaureate International Universities and Kaplan University for a trial of Gradchat.

Discussing with Amazon Educate & Canvas LMS to integrate Gradchat to their product. Once achieved, we will have access to 2000+ clients.

Discussions with Schoolbox on integrating with their School Management System for Alumni networking into 450+ private schools.

A potential partnership with Finalsite.

Investment Interests

Interest from SEQTA and Navitas to join as strategic investors. If finalised, Gradchat will have access to SEQTA’s 500 + schools and Navitas’s 80+ universities.

Strategic investment interest from Sentral Education as a segway into the tertiary education market. Sentral is currently in 1600 + schools in APAC region.