About Academy 123
Academy 123 is a company based in Silver Spring (United States) founded in 2004 was acquired by Discovery Education in July 2006. Academy 123 has raised $5 million across 1 funding round from investors including Discovery Education and Momentum Venture Management. Academy 123 operates in a competitive market with competitors including Vedantu, Ruangguru, GoStudent, Varsity Tutors and BYJU'S, among others.
- Headquarter Silver Spring, United States
-
Sectors
Education
-
Phone
Locked
-
Website
Locked
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$5 M (USD)
in 1 rounds
-
Latest Funding Round
$5 M (USD), Series A
Jun 01, 2005
-
Investors
Discovery Education
& 1 more
-
Employee Count
Not available
-
Acquired by
Discovery Education
(Jul 31, 2006)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Academy 123
Academy 123 has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in June 2005. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Academy 123
Academy 123 has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Discovery Education and Momentum Venture Management.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
-
|
Locked | Locked | Locked | |
|
Provider of online educational resources
|
Locked | Locked | Locked |
Investor details for Academy 123
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Academy 123
Investment portfolio details for Academy 123
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Academy 123
Detailed financials for Academy 123
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Academy 123 Comparisons
Peer comparison for Academy 123
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Academy 123
Academy 123 operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vedantu, Ruangguru, GoStudent, Varsity Tutors and BYJU'S, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Live interactive K-12 tutoring platform is provided online.
|
|
| Locked | Locked | Locked |
Self-learning solutions are delivered via an online education platform.
|
|
| Locked | Locked | Locked |
Provider of online tutoring platform for K-12 students
|
|
| Locked | Locked | Locked |
Live online tutoring and test prep platform is operated.
|
|
| Locked | Locked | Locked |
Online learning programs for K-12 education are delivered.
|
|
| Locked | Locked | Locked |
An online learning platform is provided for Indonesian students.
|
Detailed competitors of Academy 123
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Academy 123
Complete news archive for Academy 123
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Academy 123
Academy 123 was founded in 2004 and raised its 1st funding round 1 year after it was founded.
Academy 123 is headquartered in Silver Spring, United States. It is registered at Silver Spring, Maryland, United States.
Academy 123 is a funded company, having raised a total of $5M across 1 funding round to date.
Academy 123 was founded in 2004 in Silver Spring, United States, focusing on educational technology for K-12 math instruction. Interactive explanations, multimedia demonstrations, searchable lessons, problems, solutions, and quizzes are offered through services like NutshellMath and Listen and View. These tools support homework assistance, classroom reinforcement, test preparation, and enrichment activities. The company was acquired by Discovery Communications in 2006.
Academy 123 has 2 investors. Key investors include Discovery Education, and Momentum Venture Management.