Group 1 - Manabie, a Singapore-based education platform, has raised $23 million in Series B funding led by JIC Venture Growth Investments, a venture capital arm of the Japan Investment Corporation [2] - The total funding raised by Manabie to date is approximately $41.2 million [2] - Manabie was founded in 2019 by Takuya Honma and Christy Wong, a former executive at Southeast Asian e-commerce platform Lazada [2] Group 2 - Manabie's business primarily operates in Japan and Southeast Asia, providing learning management systems and school management systems to over 30 educational institutions in Japan [2] - The company has also established a tutoring school in Vietnam, offering both online and offline courses with around 13,000 students enrolled [2][3] - Manabie employs approximately 150 staff across Singapore, Vietnam, Japan, and the Philippines [3] Group 3 - The new funding round will be used to expand Manabie's product offerings in Japan, enter new markets in Southeast Asia, and accelerate the development of AI tutoring tools [6] - Manabie initially operated physical learning centers but has shifted focus to software services, with its SaaS business now contributing the majority of its revenue [6] - The company plans to phase out its B2C operations in Vietnam and concentrate on B2B services, aiming to become a product and service SaaS company [6] Group 4 - The fragmented education market in Southeast Asia presents an opportunity for Manabie, as many learning centers are run by small business owners who do not utilize software systems [6] - Manabie's ERP software allows tutoring schools to manage payments and identify opportunities for upselling or cross-selling based on student performance [6] - Despite Japan's declining population, there are still approximately 1 million students in each grade, creating ongoing demand for learning management systems [6]
新加坡这家教育SaaS服务商获2300万美元融资,加速开发AI辅导工具
Sou Hu Cai Jing·2025-05-06 12:35