CoderSchool, a Ho Chi Minh City, Vietnam-based online coding school startup, raised $2.6 million in pre-Series A funding to scale up its online coding school platform.
This round was led by Monk’s Hill Ventures, with participation from returning seed investors Iterative, XA Network, and iSeed Ventures.
CoderSchool will use the funding to accelerate its online teaching platform growth and technology infrastructure expansion for the company’s technical education programs that guarantee employment upon graduation.
Company: CoderSchool
Raised: $2.6M
Round: pre-Series A
Funding Month: September 2021
Lead Investors: Monk’s Hill Ventures
Additional Investors: terative, XA Network, and iSeed Ventures
Company Website: http://www.coderschool.vn/
Software Category: Online teaching platform
About the Company: The company, founded in 2015 by Charles Lee and Harley Trung, CoderSchool, which offers full-stack web development, machine learning, and data sciences courses at a lower cost, has trained more than 2,000 alumni up to date, and recorded over 80% job placement rate for full-time graduates, getting jobs at companies such as BOSCHE, Microsoft, Lazada, Shopee, FE Credit, FPT Software, Sendo, Tiki, and Momo. CorderSchool’s online program enables students to interact with instructors and classmates before, during, and after scheduled class sessions with its human-driven learning strategy. CoderSchool currently has 15 instructional staff and plans to hire 35 additional instructors by Q4 2022. CoderSchool’s data analytics has improved individual student performance while also allowing CoderSchool to increase its classroom size at scale, reaching a peak of 107 enrollments in a data science class.
Source: https://techcrunch.com/2021/09/15/vietnam-based-coderschool-gets-2-6m-pre-series-a-to-scale-online-course-platform/