About ACT
ACT is a company based in Iowa City (United States) founded in 1959. It operates as a Subscription Services, and EduTech. ACT has completed 5 acquisitions, including Encoura, Knovation and Mawi. ACT offers products and services including ACT Test, PreACT, and ACT WorkKeys. ACT operates in a competitive market with competitors including American Reading, Willo Labs, CENTEGIX, United Educators and Huntington Coach, among others.
- Headquarter Iowa City, United States
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Sectors
Education
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Phone
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Website
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Social
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- Legal Name Act Education Corp.
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Annual Revenue
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Latest Funding Round
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Employee Count
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Investments & Acquisitions
Encoura
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Products & Services of ACT
ACT offers a comprehensive portfolio of products and services, including ACT Test, PreACT, and ACT WorkKeys. 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.
Standardized test for college admissions is widely used.
Practice test for ACT preparation is offered early.
Skills assessment for career readiness is provided here.
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Funding Insights of ACT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investments & Acquisitions by ACT
ACT has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Encoura, Knovation and Mawi. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Educational resources library is maintained for core subjects across grades.
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2012 | ||||
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Adaptive learning platform is offered for K-8 in core subjects.
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2011 | ||||
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Online courses are offered for school students and teachers.
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2001 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ACT
| 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 |
Act Comparisons
Competitors of ACT
ACT 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 American Reading, Willo Labs, CENTEGIX, United Educators and Huntington Coach, 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 |
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| domain | founded_year | HQ Location |
Educational services to schools for fostering reading and writing
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Digital learning management systems are provided for schools and students.
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Provider of systems for education, hospitality, healthcare, retail, or general business
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Offers liability insurance and risk management resources to educational institutions.
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| domain | founded_year | HQ Location |
Transportation services for students are provided nationwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 ACT
When was ACT founded?
ACT was founded in 1959.
Where is ACT located?
ACT is headquartered in Iowa City, United States. It is registered at Iowa City, Iowa, United States.
Who is the current CEO of ACT?
Janet Godwin is the current CEO of ACT.
What does ACT do?
College and career readiness solutions are offered by ACT, focusing on standardized testing for students. Services are extended to K-12 educators, higher education, and workforce development. Assessments like the ACT Test, PreACT, and WorkKeys are designed to support educational and professional journeys. Flexibility in test formats and optional sections are included to cater to diverse needs. Operations span across various sectors including state and federal programs.
Who are the top competitors of ACT?
ACT's top competitors include CENTEGIX, American Reading and Willo Labs.
What products or services does ACT offer?
ACT offers ACT Test, PreACT, and ACT WorkKeys.
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