# Doyobi Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/doyobi-pte

- Industry: Education/Training
- Headquarters: Singapore, Singapore
- Website: www.doyobi.com
- Total disclosed funding: $3.9M
- Latest round: Series A (Oct 20, 2021)
- Investors on record: 11

## About

Doyobi Pte. Ltd. empowers children aged 8 to 14 through live online classes that foster essential skills like Critical Thinking and Creativity, utilizing immersive storytelling in a metaverse environment to enhance educational experiences.Founded in 2020 and headquartered in Singapore, Doyobi Pte. Ltd. specializes in delivering online educational experiences for children. The company raised USD 2.86 mn in a Series A funding round in October 2021, led by Monk's Hill Ventures, aiming to expand its offerings and reach more students. The founder has not been explicitly stated in the available data.Doyobi specializes in delivering innovative educational experiences through live, facilitated online classes aimed at children aged 8 to 14. The company’s core offerings include a curriculum that emphasizes the cultivation of six critical skills: Critical Thinking, Collaboration, Communication, Creativity, Citizenship, and Confidence. These classes employ immersive story adventures within a metaverse environment, allowing students to engage actively with the material in a fun and interactive manner. The educational content is co-designed with Dr. Ken Mizusawa, a recognized educator and researcher in English language learning, ensuring alignment with Ministry of Education (MOE) Singapore’s curriculum guidelines. Doyobi’s services are primarily targeted at MOE schools and educational institutions seeking to enhance their teaching methodologies across various geographical markets, including Singapore and potentially other regions interested in modernizing their educational frameworks.Doyobi reported revenue of USD 15,571.70 mn for the most recent year, 2022. Their revenue model is structured around partnerships with educational institutions, where they offer live online classes and customized quest-based learning experiences. Schools engage with Doyobi through a pilot program, which is currently funded by Meta, allowing for initial collaboration without financial commitment. Payments are structured based on the implementation of tailored courses designed to meet specific learning outcomes, with institutions benefiting from the facilitation of these classes. The company’s approach aims to transform traditional learning environments into dynamic spaces that foster student engagement and skill development.Doyobi Pte. Ltd. will utilize the recent funding of USD 2.86 mn raised in October 2021 to create more courses for educators, along with teaching resources like videos, quizzes, and projects for students. The company has plans to expand its offerings into new geographic regions, targeting markets that are interested in modernizing their educational frameworks. By enhancing its curriculum and educational resources, Doyobi aims to reach a broader audience and support the evolving needs of educational institutions.

## Funding rounds

- Series A, Oct 20, 2021, $2.9M — Sprout Group, Monk's Hill Ventures, Tres Monos Capital, XA Network, Novus Paradigm Capital
- Seed, Jun 3, 2020, $1M — 500 Global, BWB Ventures, Hustle Fund, Teja Ventures, Xoogler Angels, PAGIL

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- BWB Ventures (https://capitalatlas.ai/funds/bwb-ventures) — Seed
- Hustle Fund (https://capitalatlas.ai/funds/hustle-fund) — Seed
- Teja Ventures (https://capitalatlas.ai/funds/teja-ventures) — Seed
- Xoogler Angels — Seed
- PAGIL — Seed
- Sprout Group (https://capitalatlas.ai/funds/sprout-group) — Series A
- Monk's Hill Ventures (https://capitalatlas.ai/funds/monk-s-hill-ventures) — Series A
- Tres Monos Capital — Series A
- XA Network (https://capitalatlas.ai/funds/xa-network) — Series A
- Novus Paradigm Capital (https://capitalatlas.ai/funds/novus-paradigm-capital) — Series A
