Vietnamese edtech startup Marathon for K-12 online tutoring raises seed funding led by Vulcan Capital
Marathon, a Vietnam-based edtech startup, announces today that it has secured a seed funding round led by Vulcan Capital, with the participation also from Forge Ventures, DSG Consumer Partners, and Goodwater Capital.
According to the company, the fresh capital will be used for product development and expansion purposes. It aims to expand its online-to-offline experience centers beyond Hanoi and Ho Chi Minh City.
The startup was co-founded by Duc Pham, former investment executive at TPG Capital, along with Tran Viet Tung, former Vietnam country head for Klook in 2021.
Marathon provides K-12 students with live online tutoring courses covering hundreds of individual tutors. The company claims that it has seen a 30% growth in monthly users during its first year of operations.
In August last year, Marathon raised US$1.5 million in a pre-seed funding round led by Forge Ventures.
JMDedu is a leading B2B EdTech Media in China that informs and connects business professionals through our reports, events, and information services. Our mission is to drive the advancement of education. Our network spans the education industry in China as well as globally, including entrepreneurs, investors, startups, educators, business decision-makers, and policy decision-makers.
