# PREP PTE.

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

- Industry: Education/Training
- Headquarters: Singapore, Singapore
- Website: prepedu.com
- Total disclosed funding: $8M
- Latest round: Series A (Apr 24, 2024)
- Investors on record: 5

## About

Established in 2020 and based in Hanoi, Vietnam, PREP PTE. LTD. provides virtual training for language tests such as IELTS, TOEFL, and Vietnam’s High School Graduation Exam. Master Tu Pham is the founder of the company. In April 2024, Prep Technology Joint Stock Company raised USD 7 million in series A funding co-led by new investor Northstar Ventures and returning investor Cercano Management, with participation from other new investors Touchstone Partners and Saison Capital. Returning investor East Ventures also participated. The company offers 35 courses including IELTS practice tests, TOEIC test preparation, and national high school exam preparation courses. The firm provides full samples, exercises, mini-tests, progress tests that simulate real exams, and video professors. Prep.VN partners with IDP, IPP IELTS, and the British Council. The business additionally offers a virtual speaking space. Prep.VN’s app is available to download in both Google Play and Apple Store. The organization plans to use the April 2023 funding to further enhance its product and grow its business reach.

## Funding rounds

- Series A, Apr 24, 2024, $7M — Northstar Group, East Ventures, Saison Capital, Touchstone Partners, Cercano Management
- Seed, Apr 4, 2023, $1M — East Ventures, Cercano Management

## Investors

- East Ventures (https://capitalatlas.ai/funds/east-ventures) — Seed, Series A
- Cercano Management (https://capitalatlas.ai/funds/cercano-management) — Seed, Series A
- Northstar Group (https://capitalatlas.ai/funds/northstar-group) — Series A
- Saison Capital (https://capitalatlas.ai/funds/saison-capital) — Series A
- Touchstone Partners (https://capitalatlas.ai/funds/touchstone-partners) — Series A