Achieve3000

Lakewood, United States Founded: 2000 • Age: 26 yrs Acquired By McGraw Hill
Adaptive reading solutions for students are provided via app-based platform.
Annual revenue - Latest available
Total funding $13.6M 2 rounds
Employees 315 Tracked headcount
Investors 4 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About Achieve3000

Achieve3000 is a company based in Lakewood (United States) founded in 2000 was acquired by McGraw Hill in August 2021. Achieve3000 has raised $13.6 million across 2 funding rounds from investors including McGraw Hill, Insight Partners and unknown. The company has 315 employees as of December 31, 2022. Achieve3000 has completed 3 acquisitions, including Actively Learn, McGraw Hill and Smarty Ants. Achieve3000 offers products and services including Achieve3000 Literacy, Achieve3000 Math, Actively Learn, and Smarty Ants. Achieve3000 operates in a competitive market with competitors including Reading Plus, Lexia Learning, Heggerty Phonemic Awareness, Spritz and StudySync, among others.

  • Headquarter Lakewood, United States
  • Employees 315 as on 31 Dec, 2022
  • Sectors
    Education
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Achieve 3000, Inc.
Operational Areas
Education → Education Technology (EdTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $13.6 M (USD)

    in 2 rounds

  • Latest Funding Round
    $9 M (USD), Series B

    Jul 24, 2007

  • Investors
    McGraw Hill

    & 3 more

  • Employee Count
    315

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    McGraw Hill

    & 1 more

    (Aug 30, 2021)

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Products & Services of Achieve3000

Achieve3000 offers a comprehensive portfolio of products and services, including Achieve3000 Literacy, Achieve3000 Math, Actively Learn, and Smarty Ants.

Product name locked
Category locked
Primary

Adaptive tool for accelerating reading skills in grades 3-12.

Product name locked
Category locked
Locked

Personalized platform for math fluency and skills mastery in K-12.

Product name locked
Category locked
Locked

Flexible tool for content-area learning and reading comprehension.

Product name locked
Category locked
Locked

Multisensory program for early readers in grades PreK-2.

People of Achieve3000

Headcount 1000-5000
Employee Profiles 432
Board Members and Advisors 1
Employee Profiles
People
Hosang Hwang
Executive Director, Finance
People
Simon Allen
CEO
People
Molly Johnsen
Digital Academic Designer, ELA
People
John Garofano
Regional Sales Director

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Board Members and Advisors
people
Larry Berg
Chairman of the Board

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Funding Insights of Achieve3000

Achieve3000 has successfully raised a total of $13.6M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $9 million completed in July 2007. 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 Achieve3000

Achieve3000 has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include McGraw Hill, Insight Partners and unknown.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment firm scaling software and technology companies from early to late stages.
Locked Locked Locked
Palisade Capital Management is engaged in wealth and institutional investment services.
Locked Locked Locked
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Investor details for Achieve3000

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  • Investor locations
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  • Participation history

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Investments & Acquisitions by Achieve3000

Achieve3000 has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Actively Learn, McGraw Hill and Smarty Ants.

Investments
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Investment portfolio details for Achieve3000

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Educational content and digital learning solutions are provided by McGraw Hill.
Locked Locked 2016 Locked
E-reading platform is offered for student comprehension and retention.
Locked Locked 2012 Locked
Gamified phonics learning is delivered to children aged 4-7.
Locked Locked 2008 Locked
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Complete acquisition details for Achieve3000

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Financial Statements - Achieve3000

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Detailed financials for Achieve3000

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Achieve3000 Comparisons

Achieve3000 Primary company
Description
Adaptive reading solutions for students are provided via app...
Location
Lakewood, United States
Founded Year
2000
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
315
As of 2022
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Peer comparison for Achieve3000

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Competitors of Achieve3000

Achieve3000 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 Reading Plus, Lexia Learning, Heggerty Phonemic Awareness, Spritz and StudySync, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Reading skills are developed for K-12 students through online intervention.
Locked Locked Locked
Personalized learning and assessment for reading skills are offered.
Locked Locked Locked
After-school phonemic awareness programs are offered for pre-K students.
Locked Locked Locked
App-based reading proficiency solutions for students are provided.
Locked Locked Locked
Web-based curriculum for English literacy and skills development is provided.
Locked Locked Locked
Curated reading materials are provided for literacy in grades 5-12.
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Detailed competitors of Achieve3000

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  • Domains and locations
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Latest news on Achieve3000

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Complete news archive for Achieve3000

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Frequently Asked Questions about Achieve3000

Achieve3000 was founded in 2000 and raised its 1st funding round 4 years after it was founded.

Achieve3000 is headquartered in Lakewood, United States.

Achieve3000 is a funded company, having raised a total of $13.6M across 2 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Achieve3000 is 315.

Achieve3000 was established in 2000 in Lakewood, United States, within the educational technology sector. App-based adaptive reading proficiency tools are offered to students, facilitating a blended learning approach that links in-class instruction with online differentiated content. Student progress is monitored by teachers across both settings, enabling curriculum modifications as needed. The platforms app is accessible on Android devices, supporting extended classroom engagement.

Achieve3000's top competitors include Spritz, Reading Plus and Lexia Learning.

Achieve3000 offers Achieve3000 Literacy, Achieve3000 Math, Actively Learn, and Smarty Ants.

Achieve3000 has made 3 acquisitions, including Actively Learn, McGraw Hill, and Smarty Ants.

Achieve3000 has 4 investors. Key investors include McGraw Hill, Insight Partners, unknown, and Palisade Capital Management.

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