Edusuite, a Muntinlupa, Philippines based technology startup founded by school administrators and technology consultants, raised Php 12m in angel funding.
The round brought its valuation to Php 68 million.
Backers included angel investors from the Manila Angel Investors Network (MAIN) and two of Edusuite’s clients: Batangas Eastern Colleges (BEC) and Sumulong College of Arts and Sciences.
Founded by Niel Dagondon, CEO, and Calen Legaspi, CTO, Edusuite provides a software platform which uses artificial intelligence to predict administrative needs and make recommendations to school administrators. For example, it can predict the demand for each subject a college will offer in the following school term, so that the school can open the exact number of sections and hire the right number of faculty, improving the profitability of the school.
The system also meets global standards in data privacy and security.
Launched commercially last year, it already has seven schools in its client portfolio, including Ateneo High School and CIIT College.
FinSMEs
29/07/2019