How Much Did SnapAsk Raise?
Funding & Key Investors

SnapAsk, an online tutoring platform, has secured significant enterprise-level funding, with a total capital injection of $40M. The company recently announced a major strategic investment of $35M, underscoring its growth trajectory in the competitive edtech sector. This latest financing round is expected to fuel further expansion and enhance its service offerings for students.

What is SnapAsk?

SnapAsk
EducationTrainingMobile App Development

Snapask provides on-demand, 24/7 online tutoring services, connecting K-12 students with qualified tutors for immediate homework assistance and subject-specific support. The platform distinguishes itself by offering a comprehensive suite of learning resources, including video courses and interactive quizzes, all tailored to the academic needs of Primary and Secondary students. By facilitating personalized learning experiences, Snapask aims to empower students to seek help and achieve academic success at their convenience.

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

Intervest

Intervest Offices & Warehouses is a Regulated Real Estate Company that invests in high-quality office buildings and logistic properties situated in strategic locations. Their involvement suggests a focus on the company's operational infrastructure and long-term asset development.

Kejora Ventures

Kejora Ventures is a firm founded by experienced professionals aimed at helping clients enter new markets, defend existing ones, improve performance, and profitably invest resources. Their investment in SnapAsk likely signifies a strategic interest in the edtech market and its potential for expansion.

Asia Partners

Asia Partners is an investor participating in the funding round. Their specific investment focus is not detailed, but their participation indicates confidence in SnapAsk's business model and market potential within the Asian region.

What's next for SnapAsk?

The substantial enterprise-level funding indicates SnapAsk's strategic intent to scale its operations and potentially expand into new markets or develop advanced AI-driven learning tools. This capital infusion is likely to be directed towards enhancing the platform's technological infrastructure, broadening its tutor network, and strengthening its marketing efforts to reach a wider student demographic. The company's focus on personalized learning and instant support positions it for continued growth in the global education technology landscape.

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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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