About Snapask
Snapask is a company based in Hong Kong (China) founded in 2015 by Timothy YU and Philip Hong. Snapask has raised $40.12 million across 3 funding rounds from investors including Asia Partners, InterVest and Ondine Capital. Snapask operates in a competitive market with competitors including Vedantu, Ruangguru, GoStudent, Varsity Tutors and Filo, among others.
- Headquarter Hong Kong, China
- Founders Timothy YU, Philip Hong
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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
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$40.12 M (USD)
in 3 rounds
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Latest Funding Round
$35 M (USD), Series B
Feb 26, 2020
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Investors
Asia Partners
& 7 more
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Employee Count
Employee Count
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Funding Insights of Snapask
Snapask has successfully raised a total of $40.12M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $35 million completed in February 2020. 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 B — $35.0M
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First Round
First Round
(01 Jun 2016)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2020 | Amount | Series B - Snapask | Valuation | Asia Partners , InterVest | |
| May, 2017 | Amount | Series A - Snapask | Valuation | Weiguang Ventures , Kejora Capital | |
| Jun, 2016 | Amount | Series A - Snapask | Valuation | Orbit Startups |
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Investors in Snapask
Snapask has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Asia Partners, InterVest and Ondine Capital.
| Investor | Description | Founded Year | Domain | Location |
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Growth equity investments supporting tech entrepreneurs in Southeast Asia.
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Early-stage venture capital is provided by Korean firm InterVest.
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Investments & Acquisitions by Snapask
Financial Statements - Snapask
Snapask Comparisons
Competitors of Snapask
Snapask 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, Ruangguru, GoStudent, Varsity Tutors and Filo, among others.
| 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 |
Self-learning solutions are delivered via an online education platform.
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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 |
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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Latest news on Snapask
Frequently Asked Questions about Snapask
Snapask was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Snapask is headquartered in Hong Kong, China.
Timothy YU is the current CEO of Snapask. They have also founded this company.
Snapask is a funded company, having raised a total of $40.12M across 3 funding rounds to date. The company's 1st funding round was a Series A of $120K, raised on Jun 01, 2016.
Snapask was founded in 2015 in Hong Kong, China, within the education sector. Online tutoring services are offered to primary and secondary students, including 1-on-1 sessions, regular classes, intensive courses, video lessons, quizzes, and homework support. Access to QA features is also available. Tutors are selected through rigorous screening based on academic qualifications. The platform supports self-paced learning across its operations.
Snapask has 8 investors. Key investors include Asia Partners, InterVest, Ondine Capital, Cai Wensheng, and Weiguang Ventures.