About Doyobi
Doyobi is a company based in Singapore (Singapore) founded in 2020 by John Tan was acquired by ErudiFi in February 2024.. Doyobi has raised $3.8 million across 2 funding rounds from investors including ErudiFi, Monk's Hill Ventures and Tres Monos Capital. Doyobi offers products and services including Immersive Quests and Pilot Programme. Doyobi operates in a competitive market with competitors including GameSalad, CodeHS, Shenzhen Dianmao Technology, Code.org and Xiaoma Education Technology, among others.
- Headquarter Singapore, Singapore
- Founders John Tan
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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 Doyobi Pte Ltd
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Annual Revenue
$95.82 K (USD)37as on Dec 31, 2021
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Net Profit
$-665.57 K (USD)-30as on Dec 31, 2021
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EBITDA
$-497.32 K (USD)0as on Dec 31, 2020
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Total Equity Funding
$3.8 M (USD)
in 2 rounds
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Latest Funding Round
$2.8 M (USD), Seed
Oct 21, 2021
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Investors
ErudiFi
& 16 more
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Employee Count
Employee Count
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Acquired by
ErudiFi
(Feb 29, 2024)
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Products & Services of Doyobi
Doyobi offers a comprehensive portfolio of products and services, including Immersive Quests and Pilot Programme. 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.
Interactive classes to develop critical thinking and collaboration skills
Free introductory sessions for schools to test interactive learning experiences
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Funding Insights of Doyobi
Doyobi has successfully raised a total of $3.8M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.8 million completed in October 2021. 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 2
- Last Round Seed — $2.8M
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First Round
First Round
(18 Aug 2020)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Seed - Doyobi | Valuation | Monk's Hill Ventures | |
| Aug, 2020 | Amount | Seed - Doyobi | Valuation | XA Network , 500 Durians |
| 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 Doyobi
Doyobi has secured backing from 17 investors, including venture fund and angel investors. Prominent investors backing the company include ErudiFi, Monk's Hill Ventures and Tres Monos Capital. 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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VC firm investing in post-seed companies in Southeast Asia
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Founded Year | Domain | Location | |
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Investments in multiple sectors are facilitated by Tres Monos Capital.
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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 Doyobi
| 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 - Doyobi
| 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 |
Doyobi Comparisons
Competitors of Doyobi
Doyobi 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 GameSalad, CodeHS, Shenzhen Dianmao Technology, Code.org and Xiaoma Education Technology, 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 |
Game development software is provided for non-programmers.
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| domain | founded_year | HQ Location |
Teaches coding to high schoolers
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| domain | founded_year | HQ Location |
Online programming tool for K-12 students is offered through games.
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| domain | founded_year | HQ Location |
Free online programming courses and K-12 teacher workshops are provided.
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| domain | founded_year | HQ Location |
Online and offline programming courses are offered to students.
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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 Doyobi
Frequently Asked Questions about Doyobi
When was Doyobi founded?
Doyobi was founded in 2020.
Where is Doyobi located?
Doyobi is headquartered in Singapore, Singapore.
Who is the current CEO of Doyobi?
John Tan is the current CEO of Doyobi. They have also founded this company.
Is Doyobi a funded company?
Doyobi is a funded company, having raised a total of $3.8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Aug 18, 2020.
What is the annual revenue of Doyobi?
Annual revenue of Doyobi is $95.82K as on Dec 31, 2021.
What does Doyobi do?
Founded in 2020 and based in Singapore, Doyobi operates as an edtech platform focused on online education. Courses in science and coding are offered, supported by integrated videos, quizzes, and hands-on projects. Self-paced learning options are available, along with instructional videos and interactive games to facilitate engagement. The platform serves users seeking structured digital learning resources.
Who are the top competitors of Doyobi?
Doyobi's top competitors include CodeHS, Shenzhen Dianmao Technology and GameSalad.
What products or services does Doyobi offer?
Doyobi offers Immersive Quests and Pilot Programme.
Who are Doyobi's investors?
Doyobi has 17 investors. Key investors include ErudiFi, Monk's Hill Ventures, Tres Monos Capital, Novus Paradigm Capital, and XA Network.