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Lock&Stock is an education marketplace that aims to connect prospective students with universities through guaranteed scholarships. We are a double-sided marketplace, and appeal to universities by reducing their cost per student enrolment through performance based student acquisition, and students by reducing their tuition expenses through guaranteed scholarships. Our model is entirely digital, and in 2020 our platform has processed 3% of all private UAE enrolments without meeting a single student, accounting for USD 450,000 in revenue and processing almost USD 1 million in scholarships for students. We have just launched in our first expansionary market, Pakistan, and are preparing for further launches in 2021 as our model is perfectly replicable. We are cash positive, self sustainable, and looking to scale our company into the largest education marketplace in the world.
Business Type
N/A
Linked Institutions
N/A
Primary Industry
N/A
Company Size
11 - 50
Date Founded
10/2017
Revenue Generating
No
Founders
3
Development Stage
Growth
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