Clevai, a Vietnamese-based online teaching platform for students from kindergarten to grade 12, bagged $2.1 million in a pre-Series A funding round led by Singapore’s Altara Ventures.
The round also saw participation from existing backers including Vietnam and SEA-focused VC FEBE Ventures and New York-based marketplace investment firm FJ Lab.
The money will be used to enhance Clevai's live streaming infrastructure and personalize artificial intelligence (AI)-based learning experiences, a company’s spokesperson said.
Company: Clevai Pte.Ltd
Raised: $2.1M
Round: pre-Series A
Funding Month: September 2021
Lead Investors: Singapore’s Altara Ventures
Additional Investors: FEBE Ventures and FJ Lab
Company Website: https://clevai.edu.vn/
Software Category: Online teaching
About the Company: Clevai is an AI-enabled after-school tutoring platform for K-12 students, delivering quality education to underserved students. Founded in 2020 by Tran Manh Thang, now also its CEO, and two others mainly provide online math courses through Clevai Math with teachers from top schools around the country. It uses an AI platform to help students do exercises and practice. The system is capable of analyzing each student's learning history, thereby providing suitable learning resources, personalized routes, and timely feedback to ensure progress.
Source: https://e.vnexpress.net/news/business/companies/edtech-startup-clevai-raises-2-1-mln-in-pre-series-a-round-4361055.htmla