Education Communication Platform CLASSUM raises $6M
SEOUL, April 27, 2021 — EdTech startup CLASSUM has raised a $6M Series A funding round led by Pearl Abyss Capital and Storm Ventures along with existing investors Big Basin Capital and Smilegate Investment.
“CLASSUM understands the core of communication, essential for education, that is missing from today’s LMS’s” says Kyung-yeop Kim, CEO of Pearl Abyss Capital. “Their team has the potential to lead change in the global education market.”
CLASSUM was founded in 2018 by Chaerin Lee and Youjin Choi, two female students at Korea Advanced Institute of Science and Technology (KAIST), to address the challenges they faced as learners. Now used by over 3,700 institutions worldwide, CLASSUM continues to break communication barriers and build learning environments that foster growth and collaboration. Users include institutions such as KAIST, Yonsei University, and Ewha Womens University, as well as global corporations including LG, Samsung Electronics, Shiseido, Hyundai, World Vision, and Prudential.
“We’ve found that the most valuable learning comes from critical thinking and human exchanges that often begin with asking questions, and that’s what we hope CLASSUM will bring to learners and educators around the world,” says cofounder and COO Youjin Choi.
CLASSUM is constantly updating new features, adding and improving support for a variety of course styles based on active feedback from users. Their latest update, new and improved ‘Live Sessions,’ marked the beginning of a new partnership with Zoom, a video-conferencing platform. Later this year, CLASSUM will introduce an intelligent AI assistant that analyzes engagement data accumulated through interactions.
“I’m amazed at CLASSUM’s growth and their users’ enthusiasm,” said Storm Ventures Managing Director Tae Hea Nahm. “I look forward to seeing CLASSUM become a global leader very soon.”
CLASSUM is a communication tool for education used by institutions around the world, including World Vision, Prudential, Samsung, Shiseido, and KAIST.
Learn more about CLASSUM 👉 www.classum.com
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