Prep for it with Prep! Vietnamese edtech startup Prep allows students to easily prepare for standardized language tests. Now, they’ve just raised a $7M Series A!

• Founded in 2020, they claim to have hundreds of thousands of students in cities as well as Tier 2 and 3 cities.

Investor check. Cercano Management Asia and Northstar Ventures co-led the round.

• Touchstone Partners, East Ventures, and Saison Capital also joined in.
• They last raised $1M last year.

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📚 What they do

They offer online resources for you to ace your exams like the IELTS, TOEIC, and HSK.

• 95% of these students see their scores improve in as little as two months.

In Vietnam, acing these exams can help you land a great job or get accepted into university—key milestones that improve their chances of success.

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🗣️ How they do it

High-quality lecture videos. Learn from teachers who aced their language exams, are former international students, and graduated from prestigious universities.

• Learn anytime, anywhere.

Practice tests done right. Get full samples, exercises, mini-tests and progress tests that feel like real exams.

Accurate ratings. They have AI-powered Virtual Speaking Rooms and Virtual Writing Rooms designed to simulate the actual test-taking environment.

• Students can practice their speaking, pronunciation, and writing and receive feedback from AI.
• This includes realistic test simulations with an AI examiner that can provide as a guide by providing a step-by-step guide on how to improve.

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💰 What’s with the $$$?

They’ll grow the team, refine their proprietary tech to create more personalized learning experiences, and expand into other language products and new international markets.