Monoxer Inc. Raises 1.81 Billion Yen In Series B Funding Round

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Background to the FundraisingSince the time Monoxer was founded, the company has operated with the mission of "Along with memory" and has worked to create innovation in the field of memory, which is the core of human intellectual activity. Monoxer Inc. (Chiyoda Ward, Tokyo, Directors: Kotaro Takeuchi and Keisuke Kuroyanagi, hereinafter Monoxer) which provides Monoxer, a learning platform for memory retention, is pleased to announce a capital increase through third-party allocation of new shares totalling approximately 1.81 billion yen led by Global Brain as new investor, with participation from Z Venture Capital, Salesforce Ventures,together with existing investors WiL and UB Ventures. Currently, Monoxer, a learning platform for memory retention is used in more than 3,400 classrooms at educational institutions, primarily in schools and cram schools. In recent years, Monoxer has been used not only in cram schools and private schools, but also in language schools such as Chinese language schools, beauty and medical schools, general companies that focus on improving the skills of their employees, and human resources companies that support the employment of foreign workers. By using Monoxer, it will be possible to establish a more effective training process through the retention and visualisation of skills and knowledge. Monoxer's growth trajectoryIn total, more than 800 million questions have been studied using Monoxer, and over 260,000 Books (workbooks) have been created by users. Monoxer was used at a university preparatory school in Tokyo, producing high-level learning outcomes as follows: In a second-year junior high school course with approximately 90 students, the pass rate for the level 3 English-proficiency test climbed to 93% from 59% the previous year; while in a second-year high school course of about 70 students, the pre-level 2 pass rate increased from 34% to In addition to the study of subject areas in the school education system, books (workbooks) covering the content of trendy anime and games, which are of great interest to students, have been created, and Monoxer is also being used to discuss entertainment- and culture-related issues. At one medical vocational school, physiotherapists and nurses are using Monoxer to prepare test of national qualifications. After 3 months of using Monoxer, the average score in the school mock examinations was 30 points higher than last year. Meanwhile, in the area of language learning for adults, Chinese language classes where have introduced Monoxer as a learning tool for after-class study have seen an increase in new inquiries, particularly from people in their 20s.