How Much Did SnapAsk Raise?
Funding & Key Investors

SnapAsk, a prominent player in the online tutoring sector, has secured significant capital, with its total funding reaching $40M. The company recently announced a major strategic investment of $35M, underscoring its continued growth trajectory and market confidence. This latest financing round follows a history of successful capital raises, positioning SnapAsk for further expansion in the competitive edtech landscape.

What is SnapAsk?

SnapAsk
EducationTrainingMobile App Development

Snapask offers a comprehensive 24/7 online tutoring service, adeptly connecting students with real-time tutors for immediate homework assistance. The platform enriches the learning experience by providing a diverse array of educational resources, including video courses and interactive quizzes, specifically designed for Primary and Secondary students. Catering to learners seeking support across various subjects, Snapask emphasizes personalized learning pathways. The company's core mission is to foster effective learning by enabling students to seek help and receive timely support at their convenience, thereby bridging educational gaps and enhancing academic performance.

How much funding has SnapAsk raised?

SnapAsk has raised a total of $40M across 2 funding rounds:

2017

Angel/Seed

$5M

2020

Series B

$35M

Angel/Seed (2017): $5M with participation from Kejora Ventures

Series B (2020): $35M led by Asia Partners and Intervest

Key Investors in SnapAsk

Kejora Ventures

Kejora Ventures is an investment firm focused on helping clients enter new markets and improve performance. Their expertise spans telecommunications, technology, and media, suggesting a strategic interest in innovative digital platforms like SnapAsk.

Intervest

Intervest Offices & Warehouses is a real estate investment company. While their primary focus is property, their participation in SnapAsk's funding round may indicate a broader investment strategy or a specific interest in the company's operational infrastructure or expansion plans.

Asia Partners

Asia Partners is an investor in SnapAsk's Series B round. Further details on their specific investment focus are not available, but their involvement highlights the company's appeal to regional investment firms.

What's next for SnapAsk?

With the recent infusion of $35M in a major strategic investment, SnapAsk is poised for accelerated growth and market penetration. This enterprise-level funding suggests a strategic focus on scaling operations, enhancing platform capabilities, and potentially expanding into new geographical markets or subject areas. The company's trajectory, marked by consistent capital acquisition, indicates a strong potential for further innovation in personalized online education and a strengthening of its competitive position within the global edtech industry.

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Frequently Asked Questions Regarding SnapAsk Financial Insights

What are the most recent funding rounds that SnapAsk has completed, and what were the funding rounds?
SnapAsk has recently completed 2 funding rounds: Series B on Feb 26, 2020, Angel/Seed on May 30, 2017.
What is the total amount of funding SnapAsk has raised to date?
SnapAsk has raised a total of $40M in funding to date.
How many funding rounds has SnapAsk completed?
SnapAsk has completed 2 funding rounds.
How much funding did SnapAsk raise in its most recent funding round?
SnapAsk raised $35M in its most recent funding round.
Who are the lead investors in SnapAsk's latest funding round?
The lead investor in SnapAsk's latest funding round was Asia Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in SnapAsk's history?
The largest funding round in SnapAsk's history was $35M.
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