About ALEKS
ALEKS is a company based in Irvine (United States) founded in 1996 was acquired by McGraw Hill in June 2013.. ALEKS operates in a competitive market with competitors including Amplify, EVERFI, Numerade, Carnegie Learning and IXL Learning, among others.
- Headquarter Irvine, 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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Annual Revenue
$403.1 (USD)260as on Dec 31, 2019
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Net Profit
$1.82 K (USD)456as on Dec 31, 2020
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
McGraw Hill
(Jun 20, 2013)
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Funding Insights of ALEKS
| 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 |
investors |
Investors in ALEKS
ALEKS has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include McGraw Hill. 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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Educational materials and adaptive learning tools are provided for students.
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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 ALEKS
| 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 - ALEKS
| 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 |
Aleks Comparisons
Competitors of ALEKS
ALEKS 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 Amplify, EVERFI, Numerade, Carnegie Learning and IXL Learning, 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 |
High-quality K-12 curriculum and assessments are provided by Amplify.
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| domain | founded_year | HQ Location |
Online courses for workplace, higher, and school education are offered.
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Provider of study assistance platform for students
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| domain | founded_year | HQ Location |
Maths learning resources and curricula are provided for students.
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Personalized instruction in core subjects is delivered via subscriptions.
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| domain | founded_year | HQ Location |
Cloud-based assessments and learning resources are provided for students.
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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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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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Latest news on Aleks
Frequently Asked Questions about ALEKS
When was ALEKS founded?
ALEKS was founded in 1996.
Where is ALEKS located?
ALEKS is headquartered in Irvine, United States. It is registered at Irvine, California, United States.
What is the annual revenue of ALEKS?
Annual revenue of ALEKS is $403.1 as on Dec 31, 2019.
What does ALEKS do?
ALEKS, product of McGraw-Hill, is a cloud-based personalised learning platform for schools and individuals. Uses adaptive questioning to determine students knowledge and instructs the student on the topics to learn. Contents of tests are in compliance with core curriculum. Provides content on Math, Business, Science and Behavioral Science to Higher education and K-12 students. Also provides educational resources to students and progress monitoring dashboard to teachers. Courses are available in English and Spanish.
Who are ALEKS's investors?
ALEKS has 1 investor. Key investors include McGraw Hill.