Marathon Education Analysis: $2M Raised
What is Marathon Education?
Marathon Education is a Vietnam-based edtech company founded in early 2021 for primary and secondary students. Its platform combines live two-way classes, academic advisers, and AI-assisted study tools for curriculum learning and exam preparation. The company says it raised more than 1.5 million dollars in August 2021 and was the seventh Vietnamese startup to receive Y Combinator investment.
Location
29 Nguyen Huu Canh Street, Thanh My Tay Ward, Ho Chi Minh City, VN
Employees
11-50
Founded
2021
Revenue
$4.5M
Business Model
Subscription-based model with hybrid classes and access to top-quality educators.
Product Features & Capabilities
- online live-streaming courses, personalized learning plans, math courses for grades 6 to 9, top 1% teachers in Vietnam, interactive learning environment, comprehensive educational resources, analytics and technology integration
How much Marathon Education raised
Pre-Seed - $1.5 million
August 24, 2021Lead Investor: Forge Ventures (led the round), Venturra Discovery, iSeed SEA
Who are the founders of Marathon Education
HQ Full Address
29 Nguyen Huu Canh Street, Thanh My Tay Ward, Ho Chi Minh City, VN
Market Focus
Marathon Education primarily focuses on the online education industry, providing comprehensive educational solutions and high-quality programs aligned with the Ministry of Education's curriculum in Vietnam.
Investors
- Chocolate Ventures
- Cercano Management
- DSG Consumer Partners
- Goodwater Capital
- Vulcan Asset Management
Competitors Overview
Marathon Education operates in the online learning market in Vietnam, where it faces competition from several notable companies:
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Outschool: This platform offers a wide range of online classes for children and teens aged 3-18, focusing on diverse interests through live and self-paced classes. Unlike Marathon Education, which aligns closely with the Vietnamese Ministry of Education's curriculum, Outschool emphasizes exploratory learning and personal interests, allowing for a more flexible and varied educational experience.
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BrightChamps: Targeting students aged 6 to 16, BrightChamps provides courses in coding, financial literacy, robotics, and other life skills. It has partnered with Harvard Business Publishing to enhance its curriculum. BrightChamps differentiates itself by focusing on next-gen skills and life skills education, which may appeal to parents looking for holistic development beyond traditional academics.
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LingoAce: This platform specializes in language learning, offering personalized 1-on-1 instruction in Chinese and English for kids aged 3-15. LingoAce combines live teaching with gamified coursework, making language learning engaging. Its focus on language acquisition sets it apart from Marathon Education, which offers a broader range of subjects aligned with the national curriculum.
These competitors highlight different educational approaches and specializations, providing unique advantages that may attract various segments of the market.
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