Doyobi

Singapore, Singapore Founded: 2020 • Age: 6 yrs Acquired By ErudiFi
Online platform providing courses on science and coding

About Doyobi

Doyobi is an Education company based in Singapore (Singapore) founded in 2020 by John Tan, and was acquired by ErudiFi in February 2024. Online platform providing courses on science and coding. Doyobi has raised $3.8 million across 2 funding rounds from investors including ErudiFi, Monk's Hill Ventures and Tres Monos Capital. Its chief executive, as recorded, is John Tan. Doyobi offers products and services including Immersive Quests and Pilot Programme. Its focus areas include EdTech, K-12 EdTech, B2B2C Learning Solutions and Coding. Its legal entity is Doyobi Pte Ltd.

Company details

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.

  • Headquarters Singapore, Singapore
  • Founders John Tan
  • Stage Acquired
  • Sectors
    Education
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website doyobi.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Acquired by ErudiFi (Feb 2024)
  • Legal Name Doyobi Pte Ltd
Key Metrics
  • Annual Revenue
    $95.82 K (USD)
    37
    as on Dec 31, 2021
  • Net Profit
    -$665.57 K (USD)
    -30
    as on Dec 31, 2021
  • EBITDA
    -$497.32 K (USD)
    as on Dec 31, 2020
  • Total Equity Funding
    $3.8M (USD)

    in 2 rounds

  • Latest Funding Round
    $2.8M (USD), Seed

    Oct 2021

  • Investors
    ErudiFi

    & 16 more

  • Acquired by
    ErudiFi

    (Feb 2024)

Products & Services of Doyobi

Doyobi offers a comprehensive portfolio of products and services, including Immersive Quests and Pilot Programme.

Immersive Quests
Online Education Platform

Interactive classes to develop critical thinking and collaboration skills

Pilot Programme
Educational Trial

Free introductory sessions for schools to test interactive learning experiences

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 $3.8M
  • Total Rounds 2
  • Last Round Seed β€” $2.8M
  • First Round $1M

    (Aug 2020)

  • Investors Count 16

All 2 funding rounds of Doyobi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2021$2.8MSeed–Monk's Hill Ventures
Aug 2020$1MSeed–XA Network, 500 Durians
Valuation history

17 investors in total: 8 institutional and 9 angel.

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.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
VC firm investing in post-seed companies in Southeast Asia
monkshill.comJakarta, Indonesia
Investments in multiple sectors are facilitated by Tres Monos Capital.
tresmonos.capital
novpara.capital
Tech startups are supported through XA Network's angel connections.
xanetwork.coSingapore, Singapore
Seed-stage startups are funded by this venture capital firm.
hustlefund.vcSan Carlos, United States
Early-stage investments in consumer technology companies are targeted.
tejaventures.comSingapore, Singapore
Seed-stage investments are targeted globally by this venture capital firm.
durians.500.coSingapore, Singapore

Quek Siu Rui

unknown_d3ce6ed936844c3ca

Ying Cong Seah

Angel investor and entrepreneur, co-founder of Helicap, focused on fintech
unknown_95cc6ab31b8145bb8

Reuben Lai

unknown_db7e99795997462aa
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Investor details for Doyobi

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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People of Doyobi

11 people are tracked at Doyobi (3 in leadership, 3 in board & advisors, 5 in team).

NameRoleGroup
John Tan
Founder & CEOLeadership
Shawn Leong
Head Of TechLeadership
Penny Gupta
Co-founder & Head of ProductLeadership
Mike Michalec
AdvisorBoard & advisors
Alberto Arenaza
AdvisorBoard & advisors
Mike Pelletier
Edtech AdvisorBoard & advisors
Yoong Kah Wei
Senior Learning Experience DesignerTeam
Varchas Koushik
Product And Operations SpecialistTeam
Nelson Ng
Founders' AssociateTeam
Dawn Lim
Finance & HR ExecutiveTeam
Boonpeng Chan
Growth MarketerTeam
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Complete people profiles for Doyobi

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of Doyobi

4 dated milestones of Doyobi across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Doyobi is founded.
  2. Funding First funding round of $1.0M.
  3. Funding Latest funding round, Seed, of $2.8M.
  4. Exit Acquired by ErudiFi.

Web traffic of Doyobi

The website of Doyobi (doyobi.com) receives about 1.3K visits a month.

  • Monthly visits
    1.3K

    ▲ 8.1% vs previous month

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Frequently Asked Questions about Doyobi

Doyobi was founded in 2020.

Doyobi is headquartered in Singapore, Singapore.

John Tan is the CEO of Doyobi, as recorded in our data. They have also founded this 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 2020.

Annual revenue of Doyobi is $95.82K as on Dec 31, 2021.

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.

Doyobi offers Immersive Quests and Pilot Programme.

Doyobi has 17 investors. Key investors include ErudiFi, Monk's Hill Ventures, Tres Monos Capital, Novus Paradigm Capital, and XA Network.

Doyobi operates through Doyobi Pte Ltd.

Yes. Doyobi was acquired by ErudiFi in February 2024.

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