About Clevai
Clevai is a company based in Singapore (Singapore) founded in 2020 by Tran Manh Thang.. Clevai has raised $6.75 million across 3 funding rounds from investors including FJ Labs, M-Venture Partners and Altara Ventures. Clevai operates in a competitive market with competitors including Mathpresso, Sizzle, Desmos, Photomath and Qanda, among others.
- Headquarter Singapore, Singapore
- Founders Tran Manh Thang
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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 Clevai Pte. Ltd.
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Annual Revenue
$2.65 M163as on Dec 31, 2022
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Net Profit
$-1.45 M-36as on Dec 31, 2022
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EBITDA
$-1.43 M-36as on Dec 31, 2022
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Total Equity Funding
$6.75 M (USD)
in 3 rounds
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Latest Funding Round
$4 M (USD), Series A
Jul 18, 2023
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Investors
FJ Labs
& 4 more
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Employee Count
Employee Count
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Funding Insights of Clevai
Clevai has successfully raised a total of $6.75M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in July 2023. 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 — $4.0M
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First Round
First Round
(01 Jun 2020)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Series A - Clevai | Valuation |
investors |
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| Sep, 2021 | Amount | Seed - Clevai | Valuation | Altara Ventures | |
| Jun, 2020 | Amount | Seed - Clevai | Valuation | BOD Tech Ventures |
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| 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 Clevai
Clevai has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include FJ Labs, M-Venture Partners and Altara 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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Early-stage investments are made in innovative startup ventures by MVP.
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Founded Year | Domain | Location | |
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Fintech, deep tech, healthcare, and multiple sectors are invested in.
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Founded Year | Domain | Location | |
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Early-stage investments in tech startups are managed by the fund.
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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 Clevai
| 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 - Clevai
| 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 |
Clevai Comparisons
Competitors of Clevai
Clevai 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 Mathpresso, Sizzle, Desmos, Photomath and Qanda, 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 |
AI-powered learning platform developed to provide educational content access.
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| domain | founded_year | HQ Location |
AI-powered solutions for STEM homework problems are provided by Sizzle.
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| domain | founded_year | HQ Location |
Free online graphing calculator for math exploration is provided.
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| domain | founded_year | HQ Location |
Math problems are solved via mobile camera on educational platform.
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| domain | founded_year | HQ Location |
AI and app-based maths learning platform provider for students
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Clevai
Frequently Asked Questions about Clevai
When was Clevai founded?
Clevai was founded in 2020.
Where is Clevai located?
Clevai is headquartered in Singapore, Singapore.
Who is the current CEO of Clevai?
Tran Manh Thang is the current CEO of Clevai. They have also founded this company.
Is Clevai a funded company?
Clevai is a funded company, having raised a total of $6.75M across 3 funding rounds to date. The company's 1st funding round was a Seed of $650K, raised on Jun 01, 2020.
What is the annual revenue of Clevai?
Annual revenue of Clevai is $2.65M as on Dec 31, 2022.
What does Clevai do?
Clevai was founded in 2020 and is headquartered in Singapore. An AI-driven platform is operated to support math education, where exercises, weekly lessons, and live streaming sessions are provided to users. Opportunities to connect with teachers from various universities are also facilitated. The focus remains on enhancing learning experiences in the education technology sector through these digital tools.
Who are the top competitors of Clevai?
Clevai's top competitors include Mathpresso, Desmos and Sizzle.
Who are Clevai's investors?
Clevai has 5 investors. Key investors include FJ Labs, M-Venture Partners, Altara Ventures, FEBE Ventures, and BOD Tech Ventures.