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South Korea's Elice raises $14.9M in Series C round led by Vertex Growth

Jan 29, 2024•over 1 year ago

Amount Raised

$14.9 Million

South KoreaE LearningEducation

Investors

Altos VenturesVertex Growth

Description

Elice Inc. has raised a KRW 20 billion ($14.9 million) Series C round led by Vertex Growth, with participating investors including Altos Ventures. The funding aims to strengthen organizational capabilities, fuel expansion into the Asia Pacific (APAC) region, enhance AI capabilities, and expand content libraries.

Company Information

Company

Elice

Location

South Korea

About

Elice provides an interactive and data-driven Computer Science classrooms for everyone. Our customers and partners include KAIST and SK.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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