Funding round
Atama Plus Series B
Atama Plus, which works in AI-Powered personalized learning services in Bunkyo, raised $5.10B in a Series B round announced on 1 Jul 2021. 4 firms took part, 2 of them already investors.
$5.10B
Amount raised
Not disclosed
Post-money valuation
4
Investors
no lead named
Valuation
What this round says about the price
Atama Plus did not disclose a valuation in this round. It is Atama Plus' first venture round on record, 4 years after it was founded in 2017. No later venture round is on record for Atama Plus.
Atama Plus' funding rounds
This is the only venture round on record for Atama Plus.
- Series B this round 1 Jul 2021 $5.10B
Investors
Who put money in
4 firms took part; no lead investor was named.
Investors
- backs 35 venture-backed companies existing investor
- backs 53 venture-backed companies existing investor
- Pavilion Capital new investor
- T. Rowe Price new investor
Joined the board: Naoki Aoyagi (Merpay).
Use of proceeds
What the money is for
According to the announcement, the money goes to product development.
- Product development
Comparable rounds
How it compares
9 Series B rounds in Learning, Tutoring & Courses within a year either side disclosed an amount; the median was $26M, and this round was 198 times the median. The closest in time, other companies' Series B rounds in Learning, Tutoring & Courses:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Learning, Tutoring & Courses | 1 Sep 2021 | $26M | not disclosed | Goodwater Capital |
| Learning, Tutoring & Courses | 22 Apr 2021 | $30M | not disclosed | GV |
| GoStudent Learning, Tutoring & Courses | 30 Mar 2021 | $82M | not disclosed | Coatue |
| Learning, Tutoring & Courses | 25 Feb 2021 | $31M | not disclosed | SIG and Lupa Systems |
| Learning, Tutoring & Courses | 9 Dec 2021 | $15M | not disclosed | Nielsen Ventures and Tencent |
| Learning, Tutoring & Courses | 7 Dec 2021 | $14M | not disclosed | Prime Venture Partners |
| Learning, Tutoring & Courses | 1 Apr 2022 | $26M | $325M | not named |
| Learning, Tutoring & Courses | 7 Oct 2020 | $10M | not disclosed | Ravensburger |
Sources
Where this comes from
Reported by 7 sources.
Questions
Frequently asked
How much did Atama Plus raise in its Series B round?
Atama Plus raised $5.10B in its Series B round, announced in Jul 2021.
Which investors took part in Atama Plus' Series B round?
DCM, JAFCO, Pavilion Capital and T. Rowe Price.
What was Atama Plus' valuation at the Series B round?
It was not disclosed.
How does it compare with other Series B rounds in Learning, Tutoring & Courses?
9 Series B rounds in Learning, Tutoring & Courses within a year either side disclosed an amount; the median was $26M, and this round was 198 times the median.