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From starting as a college student startup to pivoting and receiving 12 billion won in investment

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Published on Sep 11, 2019

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Startup Pedaling, started by eight college students in Ulsan, pivoted to find a new market after about 20 failures. Through this final challenge, private tutoring matching platform Pedaling pivoted to an online class platform service called Class101. Class101 attracted 12 billion won in Series A investment just a year and a half after launching the service, and the team of eight has now grown to 70, becoming a startup that is growing at a rapid rate of doubling every month. I recommend this video to those who are curious about the trial and error Pedaling went through to become what Class101 is today, and the unique organizational culture and vision of Class101 that were created through such trials and errors.

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