What is SnapAsk?
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:
Angel/Seed
$5M
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.
See full SnapAsk company page