Say hello to Prep! This Vietnam-based online learning platform has just raised $1M, bringing their total funding to $2M!

• Investor check. The round was co-led by East Ventures and Cercano Management. Touchstone Partners invested in early 2022. 
  

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✍️  Standardized testing 

Prep specializes in standardized language test preparation. They provide online courses and mock exams to make sure students excel. 

• This includes IELTS, TOEIC, and the High School Graduate Exam
• Oh, and it’s asynchronous, so students can learn at their own paces
  

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👏 Offline origins

In 2014, the founder, Tu Pham, started a chain of offline language schools. With their expertise from their offline business, Prep is well-positioned to provide quality education for their students. 

• Prep now has over 100k users across Vietnam! 
  

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🙋 Hello, teachers

In Vietnam, students in tier 2 and tier 3 cities often have limited access to the quality teaching and learning they deserve and desire.

• Digitizing teaching content will allow students to access it no matter where they are

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📈 Market potential

The language learning market still has an enormous untapped potential. 

• So young. Vietnam has a population of 98M, of which around 70% are under 35.
• English language learning in particular, has an estimated market size of $1.6B!

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