Education technology platform in the Philippines, Edukasyon.ph closed an undisclosed Series A round. It was led by Asian and European investors including EduLab Capital Partners, Obunsha Ventures, Alternate Ventures, Foxmont Capital Partners, Lorinet Foundation, French Partners, First Asia Venture Capital, and KSR Ventures. The Manila-based startup closed a pre-Series A round in May 2018 and an investment from the Gobi-Core Philippine Fund in early 2019.
Since its launch in 2015 Edukasyon.ph has enabled access, for about 10 million visitors annually, to senior high schools, colleges and universities, scholarships, online courses, and other resources; thus opening up successful education to employment pathways. In partnership with more than 500 educational institutions and 50 corporations and foundations, Edukasyon.ph aims to empower Filipino Gen Z youth to make self-aware education decisions that lead to a fulfilling career and life. This year, it established a nationwide presence by launching offices in Cebu and Davao.
In the Philippines, out of two million teenagers who turn 18 each year, up to 80 percent are left behind between higher education to employment, resulting in poor life outcomes. Edukasyon.ph was created as a solution to centralize resources and facilitate inquiries and applications to various schools so that students can take control of their options and be equipped for better decision-making.
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“We are grateful for partners who believe in our mission and the critical role technology can play in improving education to employment outcomes for the Filipino youth,” said Edukasyon.ph CEO and Founder Henry Motte-Muñoz. “This opportunity allows us to deepen our focus on product development, to not only broaden the platform’s reach but more importantly, to create more meaningful and measurable engagement with each user.”
Koji Takahashi of EduLab Capital Partners, a new investor in Edukasyon.ph, said, “This marks EduLab Capital Partners’ first investment in the Asia Pacific region, and we are excited to extend our global presence and network to aid successful startups in transforming education through innovation.”
Over the past year, Edukasyon.ph has also significantly expanded its content offering, through multimedia channels that provide students guidance for navigating student life and career preparation. In the coming months, Edukasyon.ph will unveil new platform features as it strengthens its network of partners from all sectors across the country and beyond.
Image credit: MD Duran on Unsplash
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