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studymax.kr

Founded Year

2009

Stage

Series B | Alive

Total Raised

$5.47M

Last Raised

$3.9M | 7 yrs ago

About STUDYMAX

STUDYMAX (스터디맥스) is an e-learning company that runs three major programs: SpeakingMax (스피킹맥스), which offers English teaching for real-life scenarios; Speakcare (스픽케어), a 1 on 1 English phone conversation service with American nationals; and Maxvoca (맥스보카), an English vocabulary practicing program.

STUDYMAX Headquarter Location

17F Gwanghwamun Bldg 149, Sejong-daero, Jongno-gu

Seoul,

South Korea

+82 1644-0549

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Latest STUDYMAX News

StudyMax, an English education startup in Korea wins $3.8m investment - beSUCCESS

Aug 29, 2018

StudyMax, an English education startup in Korea wins $3.8m investment 10월 7, 2015 beSUCCESS StudyMax , is a Korean startup that develops English educational content optimized for today’s highly mobile society. On the 7th October, investments totalling US$3.8m (KRW 4.5b) lead by LB Investment, DS Investment and two other venture capitals was confirmed. Past investments secured by the company include an early stage investment by Bon Angel Venture Partners in 2010 and a Series A investment from NeoPlug in 2012. This new investment comes three year after NeoPlug and is expected to strengthen the position of StudyMax in the education sector. StudyMax operates three popular English programs: ‘Speaking Max’: English teaching for real life scenarios; ‘Speak Care’: Korea’s first 1 on 1 English phone conversation service with American national; and ‘Max Voca’: English vocabulary practising program. Since launching in 2011, the company has rapidly expanded and has experienced many successes along the way. In particular ‘Speaking Max’ has the highest web traffic among educational websites with over 10,000,000 visitors. Their iPad app is the highest downloaded educational app in Korea. The director of LB Investment, Chae Doo Seok in explaining the importance of capturing the mobile market said, “Utilisation of smart devices in education is becoming more important and it’s necessary to have the techniques to develop learning apps optimised for mobile devices”. Regarding future growth, “StudyMax has experienced continued growth by adopting technology in the production of video content. The company is showing promising potential for growth outside Korea”. Shim Yeon Lin a StudyMax representative said, “This investment will allow StudyMax to develop our educational expertise to a new level. It will strengthen the marketing of Speaking Max, and through the release of our Junior English program which has been in development for the last two years, we expect to see further growths”. * Please check out more about new tech products from Korea at " beginning " system.

STUDYMAX Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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STUDYMAX Rank

  • When was STUDYMAX founded?

    STUDYMAX was founded in 2009.

  • Where is STUDYMAX's headquarters?

    STUDYMAX's headquarters is located at 17F Gwanghwamun Bldg, Seoul.

  • What is STUDYMAX's latest funding round?

    STUDYMAX's latest funding round is Series B.

  • How much did STUDYMAX raise?

    STUDYMAX raised a total of $5.47M.

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