What is CoLearn?
Based in South Jakarta, Indonesia, CoLearn is an online education and tutoring platform dedicated to equipping individuals with essential career and future skills. The platform offers a comprehensive curriculum focused on subjects such as English, Mathematics, and Coding, positioning itself as a key player in the digital learning landscape. The recent enterprise-level funding indicates a strong market validation and a strategic push for scaling its operations and educational offerings.
How much funding has CoLearn raised?
CoLearn has raised a total of $44M across 2 funding rounds:
Series A
$17M
Series A
$27M
Series A (2022): $17M with participation from Binus Group, KTB Network, and TNB Aura
Series A (2022): $27M led by Leo Capital, KTB Network, Alpha Wave Incubation, Binus Group, Sequoia Surge, GSV Ventures, AC-Ventures, January Capital Advisors, and TNB Aura
Key Investors in CoLearn
KTB Network
WOORI Venture Partners is an investment firm that focuses on providing capital and support to portfolio companies for sustainable growth. They have raised a total of 1,365 billion KRW and have invested over 1,014 billion KRW across 354 portfolio companies. The company emphasizes long-term performance, alignment of interests, and active value creation to ensure successful investments. Their intended clients include startups and businesses seeking investment and strategic support.
TNB Aura
TNB Aura is a thesis-led venture capital firm based in Singapore, focusing on early stage investments in future-oriented startups across Southeast Asia. The firm aims to institutionalize and improve venture capital practices while driving economic growth through innovation. By identifying and backing the technology champions of tomorrow, TNB Aura seeks to uplift the lives of the Next Billion. Their portfolio includes a variety of tech startups that contribute to enhancing access and fostering social impact in the region.
GSV Ventures
GSV Ventures is preparing to launch a new website that will showcase their portfolio and services. They are associated with the ASU+GSV Summit, indicating a focus on education and innovation. The company aims to connect with clients interested in advancing educational technology and investment opportunities. Their commitment to user experience is reflected in their use of cookies to enhance website functionality.
What's next for CoLearn?
The substantial enterprise-level funding CoLearn has garnered, particularly the recent strategic investment, signals a robust phase of growth and expansion. This capital infusion is expected to fuel advancements in its educational technology, broaden its course catalog, and enhance its market reach within Indonesia and potentially beyond. The company is poised to leverage this financial backing to solidify its position as a leading provider of future-ready skills education, adapting to the evolving demands of the job market.
See full CoLearn company page
