# manabo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/manabo

- Industry: Education/Training
- Headquarters: Tokyo, Japan
- Website: www.manabo.co.jp/
- Total disclosed funding: $3.5M
- Latest round: Series A (Sep 17, 2014)
- Investors on record: 4

## About

Based in Japan, manabo, Inc. specializes in mobile tutoring services that connect students with experienced instructors to deliver quality education through smartphones at affordable prices.Founded in 2012 in Tokyo, Japan, manabo, Inc. operates a mobile tutoring service that enables students to access educational support conveniently. The company's funding rounds include a recent investment in June 2018 where it raised USD 2.40 mn led by Z-Kai Inc., bringing the total amount raised to USD 2.40 mn across 4 deals.????manabo specializes in the development and operation of a mobile tutoring service named "manabo." This platform enables students from various regions in Japan to access quality tutoring from experienced instructors at affordable rates via their smartphones, particularly catering to those in the Sundai educational system while being available to a broader clientele.The revenue model for ????manabo revolves around a subscription-based structure, allowing users to pay for access to tutoring services through the mobile application. The high user satisfaction rate of over 97% reinforces its strong client base, primarily consisting of students and their families seeking additional educational support.The company plans to leverage the funding raised in June 2018 to enhance its EdTech development and support global expansion initiatives. Future products are in the pipeline, aimed at improving the mobile tutoring experience, while specific expansion targets have not been detailed. The funding will be directed towards promoting the development of these new offerings and entering additional markets.

## Funding rounds

- Series A, Sep 17, 2014, $3.1M — Mitsubishi UFJ Capital, Nissay Capital, Benesse Holdings
- Seed, May 13, 2013, $0.4M — CyberAgent Capital

## Investors

- CyberAgent Capital (https://capitalatlas.ai/funds/cyberagent-capital) — Seed
- Mitsubishi UFJ Capital (https://capitalatlas.ai/funds/mitsubishi-ufj-capital) — Series A
- Nissay Capital (https://capitalatlas.ai/funds/nissay-capital) — Series A
- Benesse Holdings — Series A