What is CLASS 101?
Founded in 2015 and headquartered in Seoul, South Korea, CLASS 101 operates as a provider of online hobby-based e-learning. The platform offers a diverse range of courses designed to cater to various interests and skill development needs. By leveraging technology, CLASS 101 aims to make learning accessible and engaging for a global audience, positioning itself as a key player in the digital education landscape. The company's focus on hobby-centric learning differentiates it within the competitive e-learning market.
How much funding has CLASS 101 raised?
CLASS 101 has raised a total of $25.8M across 1 funding round:
Series B
$25.8M
Series B (2021): $25.8M with participation from Strong Ventures, Klim Ventures, Mirae Asset Capital, KT Investment, and Goodwater Capital
Key Investors in CLASS 101
Strong Ventures
Strong Ventures is a generalist venture capital firm located in Los Angeles and Seoul, specializing in supporting early-stage startups. The firm primarily focuses on backing founders from Korea. With a diverse portfolio, Strong Ventures aims to foster innovation and growth in the startup ecosystem.
Goodwater Capital
Goodwater Capital is a consumer tech investment firm that empowers exceptional entrepreneurs to create positive change in the world. They focus on investing in innovative companies across various sectors, including financial services, retail, and healthcare. Their portfolio includes notable brands like Toss, Monzo, Zepto, and Weee!, which serve millions of users globally.
Klim Ventures
Undisclosed investor participating in the funding round.
What's next for CLASS 101?
With the recent infusion of major strategic capital, CLASS 101 is poised for accelerated growth and market penetration. The company is likely to invest in expanding its course catalog, enhancing its technological infrastructure, and potentially exploring new geographic markets. This significant backing suggests a strong investor confidence in CLASS 101's business model and its potential to capture a larger share of the online education market. Future developments may include strategic partnerships and further platform enhancements to solidify its leadership position.
See full CLASS 101 company page