# ScandiEdu

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

- Industry: Education/Training
- Headquarters: Seoul, South Korea
- Website: www.brainnow.co.kr
- Total disclosed funding: $2.1M
- Latest round: Series A (Aug 3, 2020)
- Investors on record: 4

## About

ScandiEdu specializes in developing innovative educational solutions, aiming to enhance learning through mobile and online platforms for diverse markets, particularly in South Korea.Founded in 2015 and headquartered in Seoul, South Korea, ScandiEdu focuses on educational technology. The company has successfully raised funding through 2 deals, including a Series A round in August 2020, where it secured KRW 2 billion from investors including DA Value Investment, Donghoon Investment, S2L Partners, and Coolidge Corner Investment. The founder's background details are not available, and there are no mentions of subsidiary companies. ScandiEdu offers innovative educational products aimed at addressing specific challenges in the learning sector. Their core offerings include various e-learning tools designed to improve student engagement and learning outcomes. These products cater to a wide range of educational institutions and individual learners, specifically targeting K-12 schools and higher education, to resolve issues like accessibility and personalized learning. The company has established a strong presence in South Korea, ensuring their solutions are integral to the educational processes of schools and private tutors. The company's revenue model is primarily based on a subscription and licensing structure, allowing educational institutions to access their products. Clients engage with ScandiEdu's flagship products through tiered pricing plans that accommodate different institutional needs, including bulk licensing agreements and annual subscriptions. By fostering relationships with schools and educational organizations, ScandiEdu maintains a steady revenue stream and adapts its offerings to meet evolving market demands. ScandiEdu plans to utilize the KRW 2 billion raised in its Series A funding to accelerate the development of systematic education programs through mobile and online platforms. The company is focused on launching new educational tools aimed at enhancing interactive learning experiences. Additionally, ScandiEdu is looking to expand its market presence beyond South Korea and is targeting neighboring countries in Asia by 2023. This strategic approach aims to leverage recent funding to bolster its growth trajectory and enhance educational access across the region.

## Funding rounds

- Series A, Aug 3, 2020, $1.7M — Coolidge Corner Investment, Dong Hoon Investment, DA Value Investment, S2L Partners
- Seed, Dec 8, 2015, $0.4M — Coolidge Corner Investment

## Investors

- Coolidge Corner Investment (https://capitalatlas.ai/funds/coolidge-corner-investment) — Seed, Series A
- Dong Hoon Investment (https://capitalatlas.ai/funds/dong-hoon-investment) — Series A
- DA Value Investment (https://capitalatlas.ai/funds/da-value-investment) — Series A
- S2L Partners (https://capitalatlas.ai/funds/s2l-partners) — Series A