Edukasyon.ph closes second tranche of Series A funding
Last week, Edukasyon.ph, announced it has closed the second tranche of its Series A financing round, joined by Alternate Ventures, French Partners, Lorinet Foundation, KSR Ventures, Mustard Seed and other new investors.
Edukasyon.ph, which launched in 2015, offers 10 million annual student visitors an online marketplace to search, compare and apply to higher education institutions and online courses, a platform to engage with leading corporations, foundations and non-profit organizations, and a resource for guidance and advice to pursue a successful path from education to career.
Since the initial close of its Series A financing round announced in Q4 2019, Edukasyon.ph has reached milestone achievements including its fully rebranded platform, 700 listed school partners in the Philippines and abroad, and 500,000 registered student users.
Amidst the COVID-19 pandemic, Edukasyon.ph, like other edtech startups in the region, has seen many positive trends in the education sector.
“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 — 20 times more than our average pre-pandemic. We’re proud that our students’ growing need for resources has been met with partners across industries who are leveraging Edukasyon.ph to ensure access to information, tools and other learning opportunities that help secure the future of our Gen Z youth.”
Grace David, Chief Marketing & Partnerships Officer
With the continued Series A funding, Edukasyon.ph will focus on building new features, deepening its student engagement and offering more educational counseling.
“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. We’re grateful for investors and partners who continue to support us in creating tech-driven solutions that empower our Filipino students to thrive no matter what path they choose.”
Henry Motte-Muñoz, Edukasyon.ph Founder & CEO
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For inquiries, contact Renz Cañete, VP Finance (rcanete@edukasyon.ph) or Rianna Puno, Head of Public Affairs (rpuno@edukasyon.ph)
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