NHN EDU Corp.

Based in South Korea, NHN EDU Corp. (formerly IAM COMPANY) specializes in educational technology solutions that enhance communication and management between schools, parents, and students. NHN EDU Corp. , founded in 2012 in Seongnam, South Korea, develops educational technology products aimed at improving the K-12 education sector.

The company has executed a total of 4 deals, with its most recent deal occurring on May 2, 2022, when it raised KRW 31. 9 billion from BNW Investment and Nautic Investment. NHN EDU Corp. is a comprehensive educational technology platform that offers a suite of services aimed at enhancing educational management and communication for schools, parents, and students.

The core product offerings include iamClass, a secure operational service designed for private educational institutions, which streamlines management tasks and fosters communication between educators and families. Additionally, NHN EDU Corp. provides iamSchool, a global education portal that delivers real-time updates on school activities and student progress to parents, and iamTeacher, a tool that simplifies school and classroom management. With a membership base of approximately 4 million parents across South Korea, NHN EDU Corp.

targets the K-12 education market and extends its services internationally, focusing on enhancing the educational experience through technology. In 2024, NHN EDU Corp. reported a revenue of KRW 6,564,883,000, while the EBITDA for the same year was KRW -9,609,755. 49.

The company generates revenue through subscription-based models and partnerships with educational institutions, allowing for a steady income stream from its core offerings. Transactions typically occur between NHN EDU Corp. and educational providers, with institutions subscribing to services like iamClass and iamSchool to access features that improve operational efficiency and parent communication. NHN EDU Corp.

plans to utilize the KRW 31. 9 billion raised in May 2022 to upgrade the services of its education platform. The company is focused on launching new features and expanding its presence into new geographic regions, targeting additional K-12 markets outside of South Korea. Specific release dates for new products have not been disclosed, but the funding will aid in enhancing existing services to meet the needs of a broader audience.