Advances mission to help university admission officers quickly spot the best applicants.
BEIJING, September 4, 2014 — Vericant, a 3rd party spoken English evaluator and university video interview service provider, has raised an undisclosed sum in a Series A round lead by Lei Jun’s VC firm Shunwei Capital, Angelvest and other investors. The funding will be used to fast track Vericant’s expansion into the higher education sector.
College admission offices around the world are enrolling international applicants at record rates. A concern shared by students, teachers and professors is the growing number of international applicants unable to speak enough English in class. To address this problem, Vericant makes it easy for institutions to add spoken English evaluation and verification to the admissions process.
“Perhaps the most crucial skill for any student is the ability to engage with their professor and classmates. So far, it’s not being widely required or measured,” commented Chris Boehner co-founder and CEO of Vericant. “Vericant’s spoken English evaluation and accompanying video interviews helps admission officers know exactly how well an international applicant communicates in English.”
Vericant’s partner institutions include many of America’s most prestigious boarding schools and a growing number of university clients.
“Vericant’s service is providing great results with tremendous growth potential that we’re excited to support,” added Tuck Lye Koe, Founding Partner and CEO of Shunwei Capital.
Having closed this new round of funding, Vericant plans to expand its university partnership efforts in the United States and Canada.
Learn more about Vericant by visiting www.vericant.com.
Founded in 2010, Vericant is a 3rd party video interview service that interviews international applicants face-to-face. To date, Vericant has interviewed thousands of applicants applying to North American boarding schools and universities. For more information about Vericant, visit www.vericant.com
Shunwei China Internet Fund, L.P. (“Shunwei”) is a China-focused venture capital fund founded in 2011. The Fund has total commitment exceeding US$200 million from some of the best names in the industry, comprising sovereign wealth funds, family offices, fund of funds, and university endowment. Shunwei focuses primarily on early to mid-stage investments in China’s internet industry, including but not limited to mobile internet, eCommerce and social network. We strive to build respected and great companies with entrepreneurs, who share this common vision with us.