EdTech platform Azota, which allows teachers to create and grade online tests efficiently, has just raised $2.4 million in a Pre-Series A round led by GGV Capital. Other backers include Nextrans and existing investor Do Ventures.
|Co-founders of edtech platform Azota |
Azota is the only local edtech product endorsed by the Ministry of Education and Training for the 2021 national online teaching training programme.
Azota offers teachers automated test creation and assessment solutions, exam proctoring tools, and real-time student performance tracking. All test results are stored and analysed on the Azota system, making management much more convenient for teachers and schools.
The one-year-old startup counts more than 700,000 teachers and 10 million students as its users. During peak periods, the company served over six million users monthly, equaling 30 per cent of the total number of teachers and students nationwide. About 300 million exercises have been submitted through Azota’s system.
“Our vision is to help teachers use their time and energy in new ways. We believe that by being able to reduce labour-intensive tasks, teachers could better spend their valuable time on impactful actions such as working more closely with individual students or creating more engaging lessons for their students,” said Au Nguyen, co-founder & CEO of Azota.
With the fresh financing, Azota plans to improve its system performance and introduce more features to better serve the needs of teachers. The company's goal is to become a holistic teaching platform that can enhance hybrid learning in the post-Covid era.
Jixun Foo, global managing partner at GGV Capital said, “Our partnership with Azota is underpinned by our commitment to team up with local founders who dedicate themselves to solving the foundational problems of our time – education being one of them. Using technology to empower teachers to teach better, Azota makes great education accessible to millions of students. They can unleash the true potential of teachers to groom the next generation of Vietnamese youth.”
Vy Le, general partner at Do Ventures said, “We are delighted to continue our investment in Azota. We are thrilled to support an inspired and driven founding team from the beginning, and see them evolve with a vision to transform education.”