Agile Study Changes Learning Paradigms with Tech and Coaching
Agile Study, Inc. (AGILE STUDY), headquartered in Chofu, Tokyo, is revolutionizing education by merging coaching with technology. Recently, they secured 9 billion yen ($90 million) in funding, comprised of 8.2 billion yen from Mizuho Bank and 0.8 billion yen from Dual Bridge Capital. This significant investment will bolster the company's mission to transform the educational landscape through innovative learning services and targeted mergers and acquisitions (M&A).
Funding Details and Growth Strategy
The funds raised will play a pivotal role in AGILE STUDY's growth strategy, particularly in driving expansion through M&A efforts. In addition, the company is in discussions with other investors for further financing, expecting to close deals in the near future.
AGILE STUDY targets Japan's sprawling 1 trillion yen tutoring market, which hosts about 50,000 classrooms, as well as the 500 billion yen at-home study market. Unlike traditional tutoring services, which have a success rate of only about 20% for improving student grades, AGILE STUDY has achieved an impressive 90% success rate by leveraging cutting-edge educational theories and incorporating IT and AI technologies into their coaching methods. This unique approach has not only attracted students seeking better outcomes but has also led to significant business growth, with revenues increasing by 277% compared to the previous year.
Objectives of the Fundraising
AGILE STUDY is focusing on two key aspects for expansion: developing direct classrooms and pursuing M&A opportunities with businesses that can significantly enhance their value. The latest funding will expedite these growth initiatives. Mizuho Bank recognized the company's vision and potential, facilitating this debt financing even at an early-stage startup level. Additionally, existing investor Dual Bridge Capital has stepped in with further investment to support the expansion plans.
With this funding, AGILE STUDY aims to fortify its business foundation and actively pursue investments that will lead to transformative changes in the education sector through their updated tutoring services.
Insights from Representatives
Reijiro Endo, manager of the first corporate division at Mizuho Bank, shared his views on AGILE STUDY's remarkable potential. He commended their innovative tutoring services, particularly their ability to utilize IT and AI technologies to achieve rapid improvements in student performance. He expressed Mizuho Bank's commitment to supporting AGILE STUDY’s growth and their ambition to lead a transformation in the education industry over the long term.
Shun Ito, CEO of Dual Bridge Capital, praised AGILE STUDY for its mission to genuinely enhance educational outcomes by applying EdTech and AI. He highlighted that their success in improving the grades of students who previously struggled at other schools reflects a new direction in the learning ecosystem. Dual Bridge Capital is dedicated to leveraging their expertise and resources to support AGILE STUDY in its strategic goals, eager to collaborate as partners in shaping the future of learning together.
Company Overview
- - Company Name: Agile Study, Inc.
- - Founded: November 1, 2022
- - CEO: Takuaki Okamura
- - Location: 5F Mikoshi Building, 2-51-6 Bufuda, Chofu City, Tokyo
- - Business Focus: Operating tutoring services and learning programs
- - Website: AGILE STUDY
As AGILE STUDY advances its innovative tutoring model combining technology and coaching, it is poised to make a lasting impact on the educational landscape in Japan and beyond.