What is CoLearn?
Based in South Jakarta, Indonesia, CoLearn operates as a digital learning environment focused on equipping individuals with essential career and future skills. The platform offers a diverse range of courses, including English language proficiency, mathematics, and coding, catering to the evolving demands of the modern workforce. CoLearn's strategic positioning in the online education sector aims to bridge skill gaps and enhance employability for its users.
How much funding has CoLearn raised?
CoLearn has raised a total of $44M across 2 funding rounds:
Series A
$27M
Series A
$17M
Series A (2022): $27M with participation from TNB Aura, Sequoia Surge, Binus Group, GSV Ventures, January Capital Advisors, KTB Network, AC-Ventures, Alpha Wave Incubation, and Leo Capital
Series A (2022): $17M led by KTB Network, TNB Aura, and Binus Group
Key Investors in CoLearn
TNB Aura
TNB Aura is a thesis-led venture capital firm based in Singapore, focusing on early stage investments in future-oriented startups across Southeast Asia. The firm aims to institutionalize and improve venture capital practices while driving economic growth through innovation.
GSV Ventures
GSV Ventures is preparing to launch a new website that will showcase their portfolio and services. They are associated with the ASU+GSV Summit, indicating a focus on education and innovation. The company aims to connect with clients interested in advancing educational technology and investment opportunities.
KTB Network
WOORI Venture Partners is an investment firm that focuses on providing capital and support to portfolio companies for sustainable growth. They have raised a total of 1,365 billion KRW and have invested over 1,014 billion KRW across 354 portfolio companies.
What's next for CoLearn?
With the recent major strategic investment, CoLearn is poised for accelerated growth and enhanced market penetration. The company is likely to leverage this capital to expand its course catalog, enhance its technological infrastructure, and broaden its reach within Indonesia and potentially other Southeast Asian markets. This funding round signals strong investor confidence in CoLearn's business model and its potential to become a leading force in online skills-based education.
See full CoLearn company page
