About CoLearn
CoLearn is a company based in Jakarta (Indonesia) founded in 2019 by Marc Irawan and Abhay Saboo. It operates as a Subscription Services, and EduTech. CoLearn has raised $27 million across 3 funding rounds from investors including Leo Capital, KTB Network and TNB Aura. The company has 15 employees as of March 22, 2024. CoLearn offers products and services including Bimbel Online and Tanya Feature. CoLearn operates in a competitive market with competitors including Vedantu, GoStudent, Ruangguru, Varsity Tutors and Filo, among others.
- Headquarter Jakarta, Indonesia
- Employees 15 as on 22 Mar, 2024
- Founders Marc Irawan, Abhay Saboo
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Sectors
Education
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Phone
*********
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Website
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Social
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- Legal Name Belajar Technologies Private Limited
- Date of Incorporation 23 Jul, 2021
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$1.83 M (USD)18.1as on Mar 31, 2023
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Net Profit
$-280.97 K (USD)-516.86as on Mar 31, 2023
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EBITDA
$36.44 K (USD)-86.37as on Mar 31, 2023
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Total Equity Funding
$27 M (USD)
in 3 rounds
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Latest Funding Round
$17 M (USD), Series A
Jan 26, 2022
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Investors
Leo Capital
& 8 more
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Employee Count
15
as on Mar 22, 2024
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Products & Services of CoLearn
CoLearn offers a comprehensive portfolio of products and services, including Bimbel Online and Tanya Feature. 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.
Online tutoring for students in various subjects offered.
Homework assistance provided through video explanations online.
Unlock access to complete
Funding Insights of CoLearn
CoLearn has successfully raised a total of $27M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $17 million completed in January 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 — $17.0M
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series A - CoLearn | Valuation | TNB Aura , KTB Network | |
| Apr, 2021 | Amount | Series A - CoLearn | Valuation | GSV Ventures , Alpha Wave Global | |
| Apr, 2020 | Amount | Seed - CoLearn | Valuation | Surge |
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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 CoLearn
CoLearn has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Leo Capital, KTB Network and TNB Aura. 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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Venture capital investments are provided to early-stage tech startups.
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Founded Year | Domain | Location | |
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Stage & sector-agnostic VC firm funding companies in South Korea and the US
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Founded Year | Domain | Location | |
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Venture capital firm focused on growth-stage companies
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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 CoLearn
| 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 - CoLearn
| 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 |
Colearn Comparisons
Competitors of CoLearn
CoLearn 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 Vedantu, GoStudent, Ruangguru, Varsity Tutors and Filo, 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 |
Live interactive K-12 tutoring platform is provided online.
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| domain | founded_year | HQ Location |
Provider of online tutoring platform for K-12 students
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| domain | founded_year | HQ Location |
Self-learning solutions are delivered via an online education platform.
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| domain | founded_year | HQ Location |
Live online tutoring and test prep platform is operated.
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| domain | founded_year | HQ Location |
On-demand one-to-one tutoring is connected between students and tutors.
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| domain | founded_year | HQ Location |
Online learning programs for K-12 education are delivered.
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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 Colearn
Frequently Asked Questions about CoLearn
When was CoLearn founded?
CoLearn was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is CoLearn located?
CoLearn is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Who is the current CEO of CoLearn?
Abhay Saboo is the current CEO of CoLearn. They have also founded this company.
Is CoLearn a funded company?
CoLearn is a funded company, having raised a total of $27M across 3 funding rounds to date.
How many employees does CoLearn have?
As of Mar 22, 2024, the latest employee count at CoLearn is 15.
What is the annual revenue of CoLearn?
Annual revenue of CoLearn is $1.83M as on Mar 31, 2023.
What does CoLearn do?
CoLearn is recognized as an online learning application designed for students from elementary to high school levels in Indonesia. Educational support is offered in subjects like Mathematics, Physics, Chemistry, and General Science, based on the Merdeka curriculum. Interactive learning sessions are facilitated through mobile devices or laptops, ensuring accessibility. Features such as Bimbel Online for tutoring and Tanya for homework assistance are included. A motivating environment with competent teachers is maintained to build student confidence. The platform serves over 10,000 students across the country, focusing on affordable education solutions.
What products or services does CoLearn offer?
CoLearn offers Bimbel Online and Tanya Feature.
Who are CoLearn's investors?
CoLearn has 9 investors. Key investors include Leo Capital, KTB Network, TNB Aura, BINUS Higher Education, and Alpha Wave Global.