Leap, a full-stack international student mobility platform, has secured $65 million through a combination of primary and secondary equity funding. The round was led by Apis Growth Markets Fund III and Apis Global Growth Fund III, with participation from existing investors such as Owl Ventures, Jungle Ventures, and Peak XV Partners.

Although the company did not disclose its valuation, reports suggest it was aiming for a valuation exceeding $1 billion in this round. Previously, the Bengaluru and San Francisco-based firm raised $75 million in its Series D round, valuing it between $850-900 million. With this latest investment, Leap has now amassed over $200 million in equity funding since its inception in 2019.

Leap operates multiple platforms, including LeapScholar, LeapFinance, GeeBee, and Yocket, catering to students aspiring to study abroad. It provides a comprehensive suite of services, including test preparation for exams like IELTS, TOEFL, and SAT, along with admissions guidance, visa counseling, and financial support such as international student loans.

The company primarily focuses on educational institutions in the US, Canada, UK, and Australia. It claims to have supported over 1 million students and established partnerships with more than 1,000 top universities worldwide.

"Students appreciate Leap’s all-in-one approach to international education. Since our Series D funding two years ago, we have grown 5x. Today, Leap is the preferred study-abroad platform in India and is rapidly expanding globally, operating in over 10 countries," said Vaibhav Singh, Leap’s Co-founder.

According to data from TheKredible, Leap and its competitors—including Auxilo, Avanse Financial, GryQuest, Financepeer, Propelld, Mpower Financing, and Eduvanz—have collectively raised around $500 million in the last two years.