Philippine-based Edukasyon.ph has announced the closing of the second tranche of its Series A round from investors such as Alternate Ventures, French Partners, Lorinet Foundation, KSR Ventures, Mustard Seed.
The deal size has not been disclosed.
The edutech startup will use the capital to build new features, deepen its student engagement, and offer more educational counselling.
Founder and CEO Henry Motte-Muñoz said: “In the past five years, we’ve grown Edukasyon.ph from a search-and-apply website to a holistic platform that guides students through day-to-day choices on education, career and lifestyle.”
Launched in 2015, Edukasyon.ph is a marketplace for students to search, compare and apply to higher education institutions and online courses. It positions itself as a platform to engage with corporations, foundations and non-profit organisations.
The edutech firm’s first tranche of Series A came in Q4 2019. Since then, it fully rebranded the platform and brought 700 listed school partners in the Philippines and abroad and achieved 500,000 registered student users.
Also Read: Philippines edtech startup Edukasyon acquires online directory
Grace David, Chief Marketing & Partnerships Officer of Edukasyon, said: “In addition to our startup’s growth, COVID-19 has enabled us to help accelerate the digital transformation of our education ecosystem. Since the start of community quarantine, we’ve fielded 100,000 student inquiries — 20x more than our average pre-pandemic, ensuring access to information, tools, and other learning opportunities that help secure the future of our Gen Z youth.”
In 2018, Edukasyon.ph acquired FindUniversty, an online directory platform.
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Photo by Wes Hicks on Unsplash
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