Snapask, a Hong Kong-based education technology company, completed a US$35M funding round.
The round, which brought total funding raised to date to over $50m, was led by Asia Partners from Singapore and Intervest from South Korea, among others.
The company intends to use the funds for further expansion in Southeast Asia, notably in Vietnam and Singapore, and focus on the development of analytics products to promote self-directed learning technology and video learning content.
Founded in 2015 by Timothy Yu, CEO, Snapask is an education technology startup that provides an app that matches students with quality tutors for instant one-on-one learning sessions. Apart from the app, the company also develops B2B solutions with AI technology to provide personalized learning resources through big data analysis. Through to today, Snapask has served over 3 million students in Hong Kong, Taiwan, Singapore, Malaysia, Indonesia, Thailand, Japan, and South Korea.