Prep (Educational Software) Overview
- Year Founded
-
2020
- Status
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Private
- Employees
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235
- Latest Deal Type
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Series A
- Latest Deal Amount
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$8.5M
- Investors
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5
Prep (Educational Software) General Information
Description
Developer of an artificial Intelligence-powered language learning platform designed to assist students with exam preparation. The company's platform provides a personalised learning path for exams, featuring an artificial Intelligence-powered virtual speaking room that offers real-time feedback on grammar and pronunciation, enabling students to perfect their speaking and writing skills and master exam techniques.
Contact Information
Website
www.prepedu.comCorporate Office
- 114 Lavender Street
- Suite 11-83 CT HUB 2
- Singapore, 338729
- Singapore
Corporate Office
- 114 Lavender Street
- Suite 11-83 CT HUB 2
- Singapore, 338729
- Singapore
Prep (Educational Software) Timeline
Prep (Educational Software) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Early Stage VC (Series A) | 24-Apr-2024 | $8.5M | Completed | Generating Revenue | ||
| 2. Early Stage VC (Series A) | 01-Sep-2023 | Completed | Generating Revenue | |||
| 1. Seed Round | 22-Aug-2022 | $1M | $1M | Completed | Generating Revenue |
Prep (Educational Software) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A2 | ||||||||
| Series A |
VC Exit Predictor
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Prep (Educational Software) Comparisons
Industry
Financing
Details
Prep (Educational Software) Competitors (3)
One of Prep (Educational Software)’s 3 competitors is Edupia, a Venture Capital-Backed company based in Hanoi, Vietnam.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Edupia | Venture Capital-Backed | Hanoi, Vietnam | ||||
| EduSynch | Venture Capital-Backed | New York, NY | ||||
| PrepMyFuture | Formerly Accelerator/Incubator backed | Paris, France |
Prep (Educational Software) Signals
Prep (Educational Software) Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Northstar (Singapore) | PE/Buyout | Minority | ||
| Saison Capital | Corporate Venture Capital | Minority | ||
| Cercano Management | PE/Buyout | Minority | ||
| East Ventures | Venture Capital | Minority | ||
| Touchstone Partners (Ho Chi Minh) | Venture Capital | Minority |
Prep (Educational Software) FAQs
-
When was Prep (Educational Software) founded?
Prep (Educational Software) was founded in 2020.
-
Where is Prep (Educational Software) headquartered?
Prep (Educational Software) is headquartered in Singapore, Singapore.
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What is the size of Prep (Educational Software)?
Prep (Educational Software) has 235 total employees.
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What industry is Prep (Educational Software) in?
Prep (Educational Software)’s primary industry is Educational and Training Services (B2C).
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Is Prep (Educational Software) a private or public company?
Prep (Educational Software) is a Private company.
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What is the current valuation of Prep (Educational Software)?
The current valuation of Prep (Educational Software) is .
-
What is Prep (Educational Software)’s current revenue?
The current revenue for Prep (Educational Software) is .
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How much funding has Prep (Educational Software) raised over time?
Prep (Educational Software) has raised $10.5M.
-
Who are Prep (Educational Software)’s investors?
Northstar (Singapore), Saison Capital, Cercano Management, East Ventures, and Touchstone Partners (Ho Chi Minh) have invested in Prep (Educational Software).
-
Who are Prep (Educational Software)’s competitors?
Edupia, EduSynch, and PrepMyFuture are competitors of Prep (Educational Software).
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