About CLASSUM
CLASSUM is a company based in Seoul (South Korea) founded in 2018 by Youjin Choi and Chaerin Lee.. CLASSUM has raised $17 million across 3 funding rounds from investors including Dunamu, Smile Gate Investment and Storm Ventures. CLASSUM offers products and services including LXP, Skill Solution, and Classum Connect. CLASSUM operates in a competitive market with competitors including Padlet, Kami, FreshGrade, Stellar Labs and Mindsmith, among others.
- Headquarter Seoul, South Korea
- Founders Youjin Choi, Chaerin Lee
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name 주식회사 클라썸
- Jurisdiction Na, Maharashtra, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$17 M (USD)
in 3 rounds
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Latest Funding Round
$11 M (USD), Series A
Oct 12, 2022
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Investors
Dunamu
& 6 more
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Employee Count
Employee Count
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Products & Services of CLASSUM
CLASSUM offers a comprehensive portfolio of products and services, including LXP, Skill Solution, and Classum Connect. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for managing and delivering corporate education courses.
System for skill-based HR analysis and training recommendations.
AI service for automating customer inquiry responses.
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Funding Insights of CLASSUM
CLASSUM has successfully raised a total of $17M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $11 million completed in October 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $11.0M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Series A - CLASSUM | Valuation | Pearl Abyss Capital , Big Basin Capital |
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| Apr, 2021 | Amount | Series A - CLASSUM | Valuation | Storm Ventures , Pearl Abyss Capital | |
| Dec, 2018 | Amount | Seed - CLASSUM | Valuation | Krypton |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CLASSUM
CLASSUM has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Dunamu, Smile Gate Investment and Storm Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investment firm focused on buyouts
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Founded Year | Domain | Location | |
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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CLASSUM
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CLASSUM
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Classum Comparisons
Competitors of CLASSUM
CLASSUM operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Padlet, Kami, FreshGrade, Stellar Labs and Mindsmith, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based whiteboarding is facilitated for collaborative content creation across devices.
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| domain | founded_year | HQ Location |
PDF and document annotation app for classroom collaboration is offered.
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| domain | founded_year | HQ Location |
Communication and reporting through digital portfolio
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| domain | founded_year | HQ Location |
AI learning design tool and learning transfer platform
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| domain | founded_year | HQ Location |
Online platform offering AI-assisted learning solutions for professionals
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Classum
Frequently Asked Questions about CLASSUM
When was CLASSUM founded?
CLASSUM was founded in 2018.
Where is CLASSUM located?
CLASSUM is headquartered in Seoul, South Korea.
Who is the current CEO of CLASSUM?
Youjin Choi is the current CEO of CLASSUM. They have also founded this company.
Is CLASSUM a funded company?
CLASSUM is a funded company, having raised a total of $17M across 3 funding rounds to date.
What does CLASSUM do?
CLASSUM was founded in 2018 in Seoul, South Korea, as a digital platform in the education technology sector. Classroom interactions are supported through tools for student engagement, including communication features. Various post types can be created by users, alongside class chat, notices, feedback mechanisms, and management functions. The platforms mobile application is accessible on Android and iOS devices for broader user reach.
What products or services does CLASSUM offer?
CLASSUM offers LXP, Skill Solution, and Classum Connect.
Who are CLASSUM's investors?
CLASSUM has 7 investors. Key investors include Dunamu, Smile Gate Investment, Storm Ventures, Big Basin Capital, and Pearl Abyss Capital.