Teamie Raises S$1.5M in Pre-Series-A Funding Led by ACP

Singapore,
July 26, 2016 – Teamie, the first social mobile
learning platform in Asia Pacific, recently secured S$1.5M in its pre-Series-A
funding. ACP, together with Spring Seeds Capital, led the pre-Series-A
investment round along with investments from Phystech Ventures and an angel
investor

Teamie is a social mobile learning platform
that creates a collaborative learning community for an institution where
learners can share, ask and discuss online with their peers and teachers. Resources
can be shared and accessed anytime, anywhere on the Teamie mobile and web apps.
Based in Asia Pacific with 30 staff split between Singapore and India, Teamie
has a proven track record of good customer feedback and serves a marquee set of
customers and projects across eight countries in education institutions and
enterprises such as United World College South East Asia (UWCSEA), St. Joseph’s
Institution (SJI) International School, International Baccalaureate (IB) and Uniteam
Training.

Prior to securing its pre-Series-A funding,
Teamie has been ranked by Ovum as a Market Challenger amongst online learning
platforms. An Ovum report on Online Learning Platforms states that the Teamie
platform is a positive representation of the type of learning environment that
students have come to expect, i.e. social and mobile.

Teamie will use the new funds to build on
its early successes, grow the team and drive partnerships to offer local
delivery and support in both the education and enterprise segments across Asia
Pacific. The funds will also be allocated for research and development to build
new capabilities and deeper learning analytics to create a personalized
learning experience and further improve user-engagement and learning outcomes.

“We believe that we learn better when we
learn together. Social platforms have become the de-facto mode of
communication, and together with smartphones and cloud computing, they have
changed how we live, work, play and learn. Our customers leverage on the Teamie
platform to complement and, in some cases, transform their teaching and
learning practices to make learning engaging and collaborative with a 21st
century learning experience that goes beyond the classroom,” said Shivanu
Shukla, Co-Founder and CEO of Teamie.

Teamie aims to consolidate its position as the
dominant regional player amongst learning platforms in the next two to three
years, disrupting traditional learning platforms with innovative solutions that
increase learner and instructor engagement and productivity.

Venture capitalists ACP and Phystech
Ventures see Asia Pacific as a high growth market for both education
institutions and enterprises, and that Teamie has a competitive advantage that
complements the infrastructure.

“Education is going through a paradigm
shift in terms of its transition from a unidirectional process to a
collaborative experience. Technology and an understanding of the cultural and
regulatory environment of the industry are vital to the success of this shift.
We, at ACP, believe that Teamie’s platform is well positioned to help
educators; regulators and students improve the process and outcomes of
education in Asia and beyond. We are proud to partner with Shivanu and Ashwin
to help support Teamie as it enters the growth phase of this business,” said
Sameer Narula, Managing Director of ACP.

“We believe that local players with a strong
team and deep understanding of regional market specifics have a bigger chance
to dominate in the region compared to large international companies. Phystech
Ventures is excited to help Teamie execute its aggressive business development
strategy,” added Olga Maslikhova, Managing Partner of Phystech Ventures.