About Acrobatiq
Acrobatiq is a company based in Pittsburgh (United States) founded in 2013 was acquired by VitalSource in September 2018.. Acrobatiq has raised $17.03 million across 4 funding rounds from investors including VitalSource, Hearst and Gates Foundation. The company has 19 employees as of December 31, 2017. Acrobatiq offers products and services including AI-generated Courseware, Adaptive Courseware, eReaders, and Content Distribution. Acrobatiq operates in a competitive market with competitors including Instructure, D2L, 2U, Academic Partnerships and Schoology, among others.
- Headquarter Pittsburgh, United States
- Employees 19 as on 31 Dec, 2017
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Sectors
Education
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Acrobatiq, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$17.03 M (USD)
in 4 rounds
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Latest Funding Round
$5 M (USD), Series A
Nov 23, 2016
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Investors
VitalSource
& 4 more
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Employee Count
19
as on Dec 31, 2017
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Acquired by
VitalSource
(Sep 06, 2018)
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Products & Services of Acrobatiq
Acrobatiq offers a comprehensive portfolio of products and services, including AI-generated Courseware, Adaptive Courseware, eReaders, and Content Distribution. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Converts static content into interactive courses using AI.
Delivers tailored practice based on student data analytics.
Enables access to interactive eBooks and study materials.
Manages global digital catalogs and library integrations.
Funding Insights of Acrobatiq
Acrobatiq has successfully raised a total of $17.03M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in November 2016. 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $5.0M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2016 | Amount | Series A - Acrobatiq | Valuation |
investors |
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| Jul, 2015 | Amount | Series A - Acrobatiq | Valuation | Draper Triangle , Hearst | |
| Feb, 2015 | Amount | Series A - Acrobatiq | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Acrobatiq
Acrobatiq has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include VitalSource, Hearst and Gates Foundation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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US focused early stage VC investments company
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Founded Year | Domain | Location | |
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Media conglomerate
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Founded Year | Domain | Location | |
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Charitable foundation investments on poverty reduction and healthcare
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Acrobatiq
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Acrobatiq
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Acrobatiq Comparisons
Competitors of Acrobatiq
Acrobatiq 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 Instructure, D2L, 2U, Academic Partnerships and Schoology, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based learning management systems are provided for educational courses.
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| domain | founded_year | HQ Location |
Learning management systems are provided for multiple sectors.
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| domain | founded_year | HQ Location |
Learning platforms are provided for students from preschool to college.
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| domain | founded_year | HQ Location |
Online degree programs are facilitated via university partnerships.
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| domain | founded_year | HQ Location |
Online platform offering learning management system
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| domain | founded_year | HQ Location |
An open-source learning management platform is developed for education.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Acrobatiq
When was Acrobatiq founded?
Acrobatiq was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Acrobatiq located?
Acrobatiq is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
Is Acrobatiq a funded company?
Acrobatiq is a funded company, having raised a total of $17.03M across 4 funding rounds to date. The company's 1st funding round was a Series A of $2.28M, raised on Sep 30, 2014.
How many employees does Acrobatiq have?
As of Dec 31, 2017, the latest employee count at Acrobatiq is 19.
What does Acrobatiq do?
Acrobatiq was founded in 2013 in Pittsburgh, United States, within the education technology sector. A learning science-based platform is operated, featuring adaptive courseware and data analytics tools. Personalized learning solutions are provided to educational institutions, enabling improved outcomes through data-driven instruction and modeling. Operations focus on course design and analysis to support reduced costs and adaptive student experiences across higher education.
Who are the top competitors of Acrobatiq?
Acrobatiq's top competitors include Instructure, D2L and 2U.
What products or services does Acrobatiq offer?
Acrobatiq offers AI-generated Courseware, Adaptive Courseware, eReaders, and Content Distribution.
Who are Acrobatiq's investors?
Acrobatiq has 5 investors. Key investors include VitalSource, Hearst, Gates Foundation, Draper Triangle, and Carnegie Innovations.
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