# Snapask (Holdings)

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/snapask-holdings

- Industry: Education/Training
- Headquarters: Taipei, Taiwan - China
- Website: www.snapask.com/
- Total disclosed funding: $42M
- Latest round: Series B (Feb 25, 2020)
- Investors on record: 9

## About

Based in Taipei City, Taiwan, and founded in 2015 by co-founders Youqian Yu (CEO), Bradley Chiang, Philip Hong, and Phoebe Hung, Snapask (Holdings) Inc., formerly known as Appedu (Holding) Limited, operates as a provider of an online tutoring platform that provides online tutoring and exam training to primary and secondary students. In February 2023, Snapask (Holdings) Inc. raised an undisclosed amount of venture funding from Orbit Startups.

The company provides an online tutoring platform that offers video courses, live chat support, and exam training to students. The platform services include intensive courses, regular classes, and STEM courses. Moreover, the firm offers solutions such as DSE elective courses, IGCSE, and IELTS training. Furthermore, Snapask (Holdings) Inc. also offers a mobile app available on both iOS and Android, which provides on-demand tutoring and educational resources. Additionally, the company also provides self-study programs, summer upgrade pathways, and interactive classroom sessions.

The company generates revenue primarily through subscription plans and question packs offered on its platform. The monthly subscription plan costs HKD 880 per month and includes access to 100 question sessions, quizzes, exam materials, and discounts on add-ons. For users preferring flexibility, Snapask (Holdings) Inc. offers question packs: a 10-question pack for HKD 180, valid for 2 months; a 20-question pack for HKD 330, also valid for 2 months; and a 50-question pack for HKD 640, with the same validity period.

## Funding rounds

- Series B, Feb 25, 2020, $35M — InterVest, SOSV, Kejora Capital, Asia Partners, Ondine Capital
- Series B, Nov 1, 2019 — Ondine Capital
- Series B, Jun 28, 2019 — SOSV, Orbit Ventures
- Seed, Jun 1, 2017, $5M — Cuscaden Peak Investments, SOSV, Plug and Play, Kejora Capital, Welight Capital
- Seed, Oct 2, 2015 — SOSV
- Seed, Aug 18, 2015, $1.8M — SOSV

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed, Series B
- Cuscaden Peak Investments — Seed
- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed
- Kejora Capital (https://capitalatlas.ai/funds/kejora-capital) — Seed, Series B
- Welight Capital (https://capitalatlas.ai/funds/welight-capital) — Seed
- Orbit Ventures (https://capitalatlas.ai/funds/orbit-ventures) — Series B
- Ondine Capital (https://capitalatlas.ai/funds/ondine-capital) — Series B
- InterVest (https://capitalatlas.ai/funds/intervest) — Series B
- Asia Partners (https://capitalatlas.ai/funds/asia-partners) — Series B
