Glorang Scores $10M Series A To Expand Its Edtech Marketplace Across Asia

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The startup has aspirations to become Outschool of Asia. The company claims Gguge has more than 100,000 users in South Korea. The company has a team of 35 in Korea. Glorang, a Seoul-based edtech startup that offers after-school classes and extracurricular activities via online for students between the ages of 3 and 18, said Friday it has raised a $10 million Series A funding co-led by Korea Investment Partners and Murex Partners, along with Japan’s Pksha Capital. The new funding, which brings its total raised to $18 million, values Glorang at around $40 million, Glorang CEO and founder Taeil Hwang told TechCrunch. Glorang will use the Series A to expand its service to Japan and Malaysia by the fourth quarter of this year and Taiwan, Thailand and Vietnam in the following years, Hwang said. Glorang was founded in 2017 by Hwang, who started off this company with an AI-powered platform helping students match with study abroad programs.