Manabie, an education technology startup providing online and offline merged learning to students, has raised $3 million in new funding round, the company has announced today, March 1, 2021.
The Singapore-based startup secured fresh funding from Do Ventures, Genesia Ventures, and Chiba Dojo.
Founded by Takuya Homma and Christy Wong in 2019, Manabie is on a mission to provide a new style of online and offline merged learning to learners around the world. The startup merges online and offline learning by offering a mobile app and supplements it with offline learning centers. It provides courses on subjects such as mathematics, physics, chemistry, and English.
In addition to forming a strong academic foundation, Manabie helps learners develop cognitive and creative skills, together with consciousness of the needs of society and nature.
Manabie provides students with everything they need for efficient learning, high-quality learning materials, excellent learning environments, personal coaches and more. The startup believes that its new method of learning, integrating online and offline, will dramatically innovate the way students learn.
The company plans to use the fresh funds to enhance its platform, focusing on improving the user experience in the learner community, and further strengthen its presence in Vietnam. Manabie expanded to Vietnam in January 2020. Besides a mobile app that allows high school students across Vietnam to study online, the startup has five learning centers in Ho Chi Minh City for students to receive guidance from individual counselors.
Manabie’s platform leverages artificial intelligence and machine learning to recognize the abilities and specific needs of each student, allowing it to design a tailored learning program for each student. It also provides a toolkit for Vietnamese teachers to help them improve their expertise in education and help them transition from mass education to personalized teaching.
Manabie claims to witness over 350,000 downloads of its app within a year of launching.
Meanwhile, the latest funding follows a $4.8 million investment round in April 2020, led by Genesia Ventures with participation from prominent angel investors, including professional soccer player Keisuke Honda.