Koreez Ed Tech
Koreez Ed Tech operates a gamified educational competition platform for K-12 students across Armenia, combining a mobile prep app with annual academic competitions in math and reading. The platform serves 58,000+ students across 1,200 schools and monetizes via one-time registration fees, with prizes including scholarships and international travel.
- Company typePrivate
- Founded2020
- HeadquartersYerevan, Armenia
- Headcount1–10
- GTM typeB2C
- OfferingDigital Commerce or Content
What Koreez Ed Tech does
Koreez Ed Tech is an Armenian educational technology company that operates a gamified competition platform targeting K-12 school students across Armenia. Founded in 2020 by the Dasaran educational program team, which brings 15+ years of experience in the Armenian education sector, the platform hosts annual academic competitions in subjects including mathematics and reading, structured as progressive tournaments culminating in grand televised award ceremonies.
The company's core offering combines a mobile application (featuring the mascot 'Koriz') for competition preparation with a portfolio of named competitions such as the Koreez-Telcell-Physmath Mathematical Competition and the 'My Friend Alen' (Իմ ընկեր Ալենը) Reading Competition. Prizes include scholarships (including access to Physmath School without entrance exams), international travel to destinations such as the UAE, Czech Republic, France, and tech rewards such as laptops and smartphones, funded in part by a $250,000 prize pool.
Koreez monetizes primarily through one-time competition registration fees, processed via Telcell Wallet, Idram, and bank cards. Distribution is community-led: the company leverages a network of 1,200+ participating schools, school ambassador programs, video testimonials, and media partnerships (notably with Armenia TV) to drive student acquisition. The platform reports 58,000+ cumulative participants and 5,000+ prize winners. Telcell serves as the strategic payment partner; ElevenLabs participates as a technology partner via the ElevenLabs Impact Program.
Koreez Ed Tech firmographics
Firmographics- Name
- Koreez Ed Tech
- Legal name
- Koreez
- Website
- https://koreez.am
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Koreez Ed Tech operates a gamified educational competition platform for K-12 students across Armenia, combining a mobile prep app with annual academic competitions in math and reading. The platform serves 58,000+ students across 1,200 schools and monetizes via one-time registration fees, with prizes including scholarships and international travel.
- Ownership category
- akta.pro rank
Koreez Ed Tech industry classification
Industry- Product category
- K-12 Educational Competitions
- NAICS
- Exam Preparation and Tutoring (611691), Educational Services (611)
- SIC
- Services-Educational Services (8200)
- akta.pro primary industry
- Curriculum, Lesson Planning & Instructional Content Platforms (EDAJAMAD)
- akta.pro secondary industries
- Math & STEM Learning Technology (incl. Coding/Robotics Platforms) (EDAJAMAG), K–12 Standardized Test Prep & Practice Materials (EDAGADAA)
Keywords
Where Koreez Ed Tech is headquartered
LocationHeadquarters
- HQ city
- Yerevan
- HQ country
- Armenia
- HQ region
- Asia
Offices1 record
Markets served
Koreez Ed Tech business model
Business model- GTM type
- B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Personnel, Marketing or Sales, Operations, Technology or R&D, Others
Revenue model
- Competition Registration Fees: Students pay to register for Koreez educational competitions. Payment is processed via Telcell Wallet, Idram application, or bank card. The platform awards prizes, scholarships, and travel opportunities funded by partner sponsorships and the prize fund.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Koreez Ed Tech product offering
Product offeringCore offering
Koreez Ed Tech operates a gamified educational competition platform for K-12 school students across Armenia, combining a website (koreez.am) and mobile app (with mascot "Koriz") for competition preparation with a portfolio of annual subject-specific contests including mathematics and reading. Students register and pay per competition, compete in progressive tournament rounds, and can win scholarships, international travel (UAE, Czech Republic, France), and tech prizes (laptops, smartphones) from a prize fund of up to $250,000.
Product overview
Koreez Ed Tech operates as a unified educational competition platform that combines a mobile application for competition preparation with a portfolio of annual competitions across different subjects. The core offering consists of the Koreez mobile app (featuring the mascot 'Koriz') through which students prepare for and participate in competitions including mathematical contests (Koreez-Telcell-Physmath), reading competitions ('Իմ ընկեր Ալենը'), and subject-specific contests. Winners receive scholarships, travel opportunities (including trips to UAE, Czech Republic, Eiffel Tower, Burj Khalifa), and tech prizes (laptops, smartphones). The platform leverages gamification approaches developed by the Dasaran educational team and connects students from 1,200+ schools across Armenia.
Differentiator
Problem solved
Functional benefit
Products and services
- Koreez Mobile Application Mobile application for K-12 students across Armenia to prepare for Koreez competition questions through gamified practice. Features the mascot "Koriz" and serves as the primary digital interface for accessing and practicing competition materials on iOS and Android devices.
- Koreez Competitions Annual portfolio of educational competitions for Armenian school students across subjects including mathematics, reading, and general knowledge, structured as progressive tournaments leading to scholarships, international travel, and tech prizes from a prize fund of up to 2,000,000 AMD.
- Koreez-Telcell-Physmath Mathematical Competition Annual mathematics-focused academic competition conducted in partnership with Telcell and Physmath School for Armenian school students, awarding laptops and smartphones to winners.
- "My Friend Alen" Reading Competition Annual reading competition named "My Friend Alen" for Armenian school students, awarding recognition and scholarships to winners.
- Koreez Summer School in Czech Republic International educational summer program in the Czech Republic offered as a prize package to Koreez competition winners, providing study-abroad experience as part of the broader competition reward system.
Quantifiable outcome
- 58,000+ students have participated in competitions
- +3 more outcomes
Companies that use Koreez Ed Tech
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles1 record
Koreez Ed Tech technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature1 record
Koreez Ed Tech partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered flagship, core and minor.
- TelcellflagshipTelcell is identified as the 'Strategic Partner' of Koreez, providing payment processing infrastructure including Telcell Wallet application and payment terminals for competition registration fees.
- DasaranflagshipDasaran is the parent educational program that created Koreez in 2020. The Dasaran team has 15+ years of experience in educational programs and developed the Koreez concept based on their expertise.
- Easy D MarccoreMain partner of Koreez educational competitions
- Idram JuniorcoreMain partner providing payment processing services for competition registrations
- AlencoreMain partner of Koreez competitions, sponsor of 'My Friend Alen' reading competition
- Service TitancoreMain partner of Koreez educational competitions
- Hovnanian Family FoundationcoreMain partner supporting Koreez competitions
- SADAcoreMain partner of Koreez educational competitions
- AEF (Armenian Entrepreneurs Foundation)coreMain partner of Koreez educational competitions
- HovercoreMain partner of Koreez educational competitions
- Central Bank of ArmeniacoreMain partner of Koreez educational competitions
- ArslaniancoreMain partner of Koreez educational competitions
- KrispcoreMain partner of Koreez educational competitions
- Armenia TVminorInformative media partner providing coverage of Koreez competitions and award ceremonies
- EduNetworkminorSupporter of Koreez educational initiatives
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Koreez Ed Tech competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Koreez Ed Tech social profiles
Digital presenceKoreez Ed Tech financial estimates
Financial estimateRevenue estimate
Valuation estimate
Koreez Ed Tech leadership team
Management profileNumber of profiles
Profiles1 record
Koreez Ed Tech funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Koreez Ed Tech M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Koreez Ed Tech
What does Koreez Ed Tech do?
Koreez Ed Tech operates a gamified educational competition platform for K-12 school students across Armenia, combining a website (koreez.am) and mobile app (with mascot "Koriz") for competition preparation with a portfolio of annual subject-specific contests including mathematics and reading. Students register and pay per competition, compete in progressive tournament rounds, and can win scholarships, international travel (UAE, Czech Republic, France), and tech prizes (laptops, smartphones) from a prize fund of up to $250,000.
Is Koreez Ed Tech a public or private company?
Koreez Ed Tech is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Koreez Ed Tech founded?
Koreez Ed Tech was founded in 2020. It employs 1 to 10 people.
Where is Koreez Ed Tech based?
Koreez Ed Tech is headquartered in Yerevan, Armenia, in the Asia region.
How does Koreez Ed Tech make money?
One revenue line is on record: competition Registration Fees.
Does Koreez Ed Tech have an API?
No public API is recorded for Koreez Ed Tech.
What industry is Koreez Ed Tech in?
Koreez Ed Tech's product category is K-12 Educational Competitions. Its primary akta.pro industry code is EDAJAMAD, Curriculum, Lesson Planning & Instructional Content Platforms, with a secondary code of EDAJAMAG, Math & STEM Learning Technology (incl. Coding/Robotics Platforms). Its NAICS code is 611691 and its SIC code is 8200.