It will expand its data science and curriculum team to upgrade its learning platform.
Local edtech startup Geniebook raised $1.5m in its Pre Series A funding round. This round of funding was led by Apricot Capital, a diversified multi-asset private investment company based in Singapore.
According to an announcement, funding from this Pre Series A round will be used to expand and strengthen Geniebook’s data science and curriculum team to improve upon the learning platform for its users. The funding will also be used in research and development of the platform’s AI technology in order to further develop the roadmap of Geniebook’s capabilities.
Established in 2016, Geniebook is an online learning platform which offers students a personalised experience that specifically targets their weak areas for revision, and generates reports based on each student’s progress.
Geniebook CEO and co-founder Neo Zhizhong commented, “Through attempting worksheets targeting their weaker concepts, we realised that our students showed a significant improvement compared to repeated practice using general assessment papers. This led to the creation of the Geniebook platform, which curates targeted worksheets based on each individual student’s strengths and weaknesses.”
The platform has expanded its services to include a Home Edition Package, where parents can use the app to track their child’s progress and assign worksheets for practice. Geniebook has also introduced live online lessons.
“With more than 80,000 questions in our question bank developed by our in-house curriculum team, and the ability to track and personalise progress, the platform will help to identify each student’s strengths and weaknesses to promote mastery of their weaker concepts,” said Alicia Cheong, chief revenue officer and co-founder of Geniebook.
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