PH edtech startup Edukasyon closes second tranche of Series A funding

Edukasyon.ph, an education technology startup in the Philippines, has made another close of its Series A funding round, raising an undisclosed amount from a number of new investors, according to a company announcement.

Henry Motte-Muñoz, which founded the company in 2015, said the second tranche of the Series A funding was backed by Alternative Ventures, French Partners, Lorinet Foundation, KSR Ventures, Mustard Seed, and other new investors.

Since the initial close of its Series A financing round in 2019, Edukasyon has rebranded its platform, grew its partner schools to 700, and hit the 500,000 registered student users mark.

Edukasyon claims to draw 10 million annual visitors to its platforms by offering access to senior high schools, colleges and universities, scholarships, online courses, and other resources that enable successful education to employment pathways.

With the continued Series A funding, Edukasyon.ph will focus on building new features, deepening its student engagement and offering more educational counseling. Henry Motte-Muñoz, Edukasyon.ph Founder & CEO said,

“In the past five years, we’ve grown Edukasyon.ph from a search-and-apply website to a holistic platform that guides students through day-to-day choices on education, career, and lifestyle,” Motte-Muñoz said.

Grace David, the startup’s chief marketing and partnerships officer, said edtech startups in the region have seen many positive trends in the education sector amidst the COVID-19 pandemic.

“In addition to our startup’s growth, COVID-19 has enabled us to help accelerate the digital transformation of our education ecosystem. Since the start of community quarantine, we’ve fielded 100,000 student inquiries — 20 times more than our average pre-pandemic,” David added.

According to data earlier cited by Edukasyon, about 1.6 million of Filipinos who turn 18 each year are left behind between higher education to employment, resulting in poor life outcomes.

Last year, Edukasyon.ph acquired FindUniversity, an online directory of colleges, universities, and academic programmes offered across the country, for an undisclosed amount. FindUniversity, launched in 2010, enables access to over 20,000 academic programmes offered in over 900 higher education institutes across the Philippines.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.