Manabie, a Singapore-based EdTech platform that provides online & offline merged learning solutions, announced that it has raised $12 million as a part of its Series A round led by Globis Capital Partners (GCP), with participation from Chiba Dojo Fund, and Genesia Ventures.
With the latest round of funding, the startup plans to expand the engineering team.
Founded by Takuya Homma and Christy Wong in 2019, Manabie pioneered a high-tech learning model that helps high school students to develop comprehensively through 4 factors: finding joy in learning, mastering basic academic knowledge, and developing habits self-study firmly and practice thinking skills. The platform offers three products: Manabie LMS, Manabie ERP and Manabie B2C. It provides courses on subjects such as mathematics, physics, chemistry, and English.
The startup is on a mission to prepare a student for tomorrow’s world by catalysing positive change for learners, society, and nature. It is dedicated to helping the learners discover and cultivate their inner greatness, and grow into curious, courageous, compassionate, and competent individuals.
Manabie helps students with everything they need for efficient learning, high-quality learning materials, excellent learning environments, personal coaches and more. The company believes that everyone has inner greatness that can be discovered by developing a love for learning, igniting curiosity, and having the courage to pursue dreams. Its community is for everyone who strives for a better tomorrow where people, societies, and the natural world can thrive.
In addition to its offering, Manabie provides Total Education, which is supported by caring coaches, a strong community of passionate individuals, and engaging content to help the learners gain lifelong skills, awareness, and confidence. The platform also offers a toolkit for Vietnamese teachers to help them improve their expertise in education and help them transition from mass education to personalized teaching.
Last year in March, Manabie had raised $3 million in a new funding round from Do Ventures, Genesia Ventures, and Chiba Dojo. Prior to that, it had raised $4.8 million in a round led by Genesia Ventures with participation from prominent angel investors, including professional soccer player Keisuke Honda, in April 2020. The startup's latest funding brings its total raised to $19.8 million.