About EduLab
EduLab is a venture capital firm founded in 2015. It is primarily based out of Shibuya, Japan. As of Nov 2018, EduLab has invested in 9 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from EdTech to Enterprise Applications and Consumer. Most recently it participated in the $***** Series D round of Topica Edtech Group Overall, EduLab portfolio has seen 2 acquisitions, namely Authess and FineTune. A lot of funds co-invest with EduLab, with names like Patamar Capital sharing a substantial percentage of its portfolio. EduLab has team of 21 people including 12 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series D
EduLab's List of Top Investments
EduLab has a portfolio of 9 companies. Their most notable investments are in Speakingpal and Authess.Their portfolio spans across United States, China, Israel and 1 more locations. They have invested in EdTech, Enterprise Applications, Consumer and 2 other sectors, across stages such as Seed, Series D stages. Here is the list of top investments by EduLab:
1. ELSA Speak
AI-powered English pronunciation app for personalized learning and confident speaking. This platform utilizes artificial intelligence to provide instant feedback on pronunciation, fluency, and intonation. It offers personalized learning paths, real-life role-plays, and bilingual support to enhance English communication skills. The platform caters to individuals and organizations, offering solutions for schools and businesses. It provides accent options, exam preparation, and progress tracking. The platform is a Software as a Service (SaaS) that aims to improve English proficiency and boost confidence in speaking. It is a tech company that leverages speech recognition technology to deliver personalized language learning experiences. The platform offers subscription plans for individuals and organizations.
Key facts about ELSA Speak
- Founded Year: 2016
- Location: San Francisco (United States)
- Stage: Series C
- Total Funding till date: $60M
- Employee Count: 227 as on Apr 30, 2026
- Investors: Graph Ventures, Google and 23 Others
- Latest Funding Round: Series C, Sep 12, 2023, $*****
- Highlight: Editors' Pick
Educational technology company providing online education to students. It's AI application scans questions and solves homework. It offers test practice and practice test sets to pass High School and Graduation exams.
Key facts about Topica Edtech Group
- Founded Year: 2008
- Location: Hanoi (Vietnam)
- Stage: Series D
- Total Funding till date: $50M
- Employee Count: 9 as on Apr 30, 2026
- Investors: EduLab, Patamar Capital and 5 Others
- Latest Funding Round: Series D, Nov 25, 2018, $*****
- Highlight: Editors' Pick
3. Speakingpal
SpeakingPal is a mobile app that focuses on improving English speaking skills. Users speak to a video character in a short dialog and get feedback on his/her speaking performance. A review screen provides all utterances that were spoken, along with the color-coding for each word of each utterance so that users can pinpoint where to improve. In addition, at the review stage, the user can hear his/her own recording, compare it to a video of a native speaker and re-record the utterance. Users can also take quizzes and view lessons. Available on iOS and Android.
Key facts about Speakingpal
- Founded Year: 2009
- Location: Tel Aviv (Israel)
- Stage: Seed
- Total Funding till date: $1M
- Employee Count: 4 as on Apr 30, 2026
- Investors: EduLab, Maxfield Capital and 2 Others
- Latest Funding Round: Seed, Dec 22, 2016, $*****
- Highlight: Editors' Pick
4. Authess
Authess provides mobile and online performance-based assessments for students. Tracks a learner's path for solving a problem and identifying gaps in skills and understanding of the student. Assessments based on principles, knowledge and skills connected with jobs enable an assessment of what learners know.
Key facts about Authess
- Founded Year: 2015
- Location: Boston (United States)
- Stage: Acquired
- Total Funding till date: $3.41M
- Investors: EduLab, Michelson 20MM and 5 Others
- Latest Funding Round: Conventional Debt, Nov 04, 2019, $*****
- Highlight: Acquired
Academic Merit provides a suite of SaaS solutions for professional learning and student assessment. Provides a cloud-based platform with various SaaS solutions embedded in it. Solutions include FineTune, through which teachers across the curriculum calibrate their evaluation of student writing. Assessments21 provides an assessment platform for reading and text-dependent writing. Also provides a tool for measuring student growth over time. Literary Companion, provides a platform for close reading of classic and contemporary literature. Content is focussed on ELA, Social Studies, and Science.
Key facts about AcademicMerit
- Founded Year: 2008
- Location: Portland (United States)
- Stage: Seed
- Total Funding till date: $2.34M
- Employee Count: 3 as on Jul 01, 2024
- Investors: EduLab, Red Bear Angels and 2 Others
- Latest Funding Round: Seed, May 04, 2017, $*****
EduLab's Year-on-Year Investment Trends
EduLab has invested in 9 companies over the last 10 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Topica Edtech Group.EduLab's Investments by Stage
EduLab has made 5 investments in Seed stage with an average round size of $2.2M and 1 investment in Series D stage with an average round size of $50M.Stage of entry | No. of Investments |
|---|---|
Seed | 5 |
Series D | 1 |
Note: We have considered here, only first round of investments
EduLab's Investments by Sector
EduLab has a diverse portfolio, with companies operating in the EdTech, Enterprise Applications, Consumer, Sustainability Tech and Vertical SaaS. Notably, it has invested in 7 Tech companies, 5 Consumer (B2C) companies, 5 Software companies and at least 3 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
EdTech | 5 |
Enterprise Applications | 3 |
Consumer | 2 |
Sustainability Tech | 2 |
Vertical SaaS | 2 |
Others | 2 |
Note: We have considered here, only first round of investments
EduLab's Investments by Geography
EduLab has made most investments in United States (4), followed by Israel where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 4 |
Israel | 1 |
Vietnam | 1 |
Note: We have considered here, only first round of investments
EduLab's recent investments
EduLab has not made any investment in 2026 so far.Here are the most recent investments by EduLab:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 25, 2018 | Vietnam | Series D | 3940 | [+5] | |
Feb 02, 2017 | United States | Seed | 4841 | - | |
Dec 22, 2016 | Israel | Seed | 9975 | - | |
Oct 19, 2016 | United States | Seed | 8311 | - | |
Jun 27, 2016 | United States | Seed | 5723 | - |
Acquired companies in EduLab's Portfolio
2 companies from EduLab's portfolio have been acquired. The most recent acquisition was FineTune in Aug 2022 by Prometric for $*****.Here are EduLab's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 04, 2022 | - | - | 4417 | |
Mar 11, 2020 | Feb 02, 2017 | Seed | 5030 |
Team profile of EduLab
EduLab has a team of 21 members including 12 Partners and 6 Principals located in Japan, Singapore and 1 more location. EduLab's team does not sit on the board of any company as of now.Here is a list of top team members in EduLab:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Japan | - | - | |
Partner | Japan | - | - | |
Partner | Tokyo | - | - | |
Partner | Japan | - | - | |
Partner | Musashino | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Partner | Shibuya | - | - | |
Partner | Latvia | - | - | |
Partner | - | - | - |
Co-investors of EduLab
Over the past 10 years, 31 investors have co-invested in EduLab's portfolio companies. This includes funds and angels.
- Invested before EduLab: MOX, SXSW EDU and 7 others have invested in rounds before EduLab. There is 1 company where MOX has invested before EduLab and 1 company where SXSW EDU has invested before EduLab.
- Top Co-investors of EduLab: 6 investors entered a company along with EduLab. These include investors like Patamar Capital (1 company).
- Invested after EduLab: A total of 16 investors have invested in EduLab's portfolio after their investments. Top Investors include UOB (1 company), Aozora Bank (1 company) and Vietnam Investments Group (1 company).
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