About Akademos
Akademos is a company based in Norwalk (United States) founded in 1999 was acquired by VitalSource in March 2023.. Akademos has raised $3 million across 2 funding rounds from investors including VitalSource, Kohlberg Ventures and Bay Area Holdings. The company has 40 employees as of December 31, 2022. Akademos offers products and services including Learning Platforms, AI-generated Courseware, eReaders, and Content Distribution. Akademos operates in a competitive market with competitors including Valore, Unknown Comic Books, Therapy Notebooks, FreeTextbooks and SideWalk, among others.
- Headquarter Norwalk, United States
- Employees 40 as on 31 Dec, 2022
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Sectors
EducationMedia & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Vitalsource Technologies Llc
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Annual Revenue
$00as on Mar 19, 2010
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Net Profit
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EBITDA
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Total Equity Funding
$3 M (USD)
in 2 rounds
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Latest Funding Round
$500 K (USD), Series A
Mar 19, 2010
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Investors
VitalSource
& 2 more
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Employee Count
40
as on Dec 31, 2022
- Acquired by
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Products & Services of Akademos
Akademos offers a comprehensive portfolio of products and services, including Learning Platforms, AI-generated 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.
Platforms for delivering digital course materials and integrations.
AI tools for creating and practicing educational content.
Applications for reading and interacting with digital texts.
Services for distributing and managing educational content globally.
Unlock access to complete
Funding Insights of Akademos
Akademos has successfully raised a total of $3M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $500 thousand completed in March 2010. 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 2
- Last Round Series A — $500,000
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First Round
First Round
(04 Aug 2009)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2010 | Amount | Series A - Akademos | Valuation |
investors |
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| Aug, 2009 | Amount | Series A - Akademos | Valuation | Kohlberg Ventures |
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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 Akademos
Akademos has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include VitalSource, Kohlberg Ventures and Bay Area Holdings. 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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Early-stage investments in US companies are made by Kohlberg Ventures.
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Founded Year | Domain | Location | |
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Online platform offering ebooks and digital learning tools
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Founded Year | Domain | Location | |
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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 Akademos
| 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 - Akademos
| 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 |
Akademos Comparisons
Competitors of Akademos
Akademos 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 Valore, Unknown Comic Books, Therapy Notebooks, FreeTextbooks and SideWalk, 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 |
Online platforms for educational resources are provided to students.
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| domain | founded_year | HQ Location |
Manages an e-commerce store specializing in comic books.
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| domain | founded_year | HQ Location |
Books on mental health and wellness topics are retailed online.
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| domain | founded_year | HQ Location |
Provides free textbooks for students' educational needs.
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| domain | founded_year | HQ Location |
Provides software solutions for textbook rentals and sales to support educational needs.
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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 Akademos
When was Akademos founded?
Akademos was founded in 1999 and raised its 1st funding round 10 years after it was founded.
Where is Akademos located?
Akademos is headquartered in Norwalk, United States.
Who is the current CEO of Akademos?
John Squires is the current CEO of Akademos.
Is Akademos a funded company?
Akademos is a funded company, having raised a total of $3M across 2 funding rounds to date. The company's 1st funding round was a Series A of $2.5M, raised on Aug 04, 2009.
How many employees does Akademos have?
As of Dec 31, 2022, the latest employee count at Akademos is 40.
What does Akademos do?
Founded in 1999 and based in Norwalk, United States, Akademos operates in the education technology sector. An online platform is maintained for students to access course-specific materials, including new, used, rental, marketplace, and eBook options. Delivery of these materials is handled directly. Real-time reporting and analytics are provided to institutions for tracking textbook adoption and student purchasing patterns. Webinar recordings and presentations are also offered for professional development.
Who are the top competitors of Akademos?
Akademos's top competitors include Valore, Therapy Notebooks and Bookelicious.
What products or services does Akademos offer?
Akademos offers Learning Platforms, AI-generated Courseware, eReaders, and Content Distribution.
Who are Akademos's investors?
Akademos has 3 investors. Key investors include VitalSource, Kohlberg Ventures, and Bay Area Holdings.