About Allovue
Allovue is a company based in Baltimore (United States) founded in 2013 was acquired by PowerSchool in January 2024.. Allovue has raised $13.64 million across 8 funding rounds from investors including PowerSchool, Macquarie Group and TEDCO. The company has 33 employees as of December 31, 2022. Allovue has completed 1 acquisition, including Equiday. Allovue offers products and services including PowerSchool SIS, Schoology Learning, Naviance, and Allovue. Allovue operates in a competitive market with competitors including PowerSchool, Anthology, GoGuardian, Frontline Education and Education Dynamics, among others.
- Headquarter Baltimore, United States
- Employees 33 as on 31 Dec, 2022
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Sectors
TechnologyEducation
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Phone
*********
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Website
*********
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Social
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- Legal Name Allovue, 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
$13.64 M (USD)
in 8 rounds
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Latest Funding Round
$4 M (USD), Series A
May 13, 2019
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Investors
PowerSchool
& 7 more
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Employee Count
33
as on Dec 31, 2022
- Investments & Acquisitions
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Acquired by
PowerSchool
(Jan 22, 2024)
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Products & Services of Allovue
Allovue offers a comprehensive portfolio of products and services, including PowerSchool SIS, Schoology Learning, Naviance, and Allovue. 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.
Manages student data, attendance, and grades for K-12 schools.
Facilitates curriculum delivery and collaboration for educators.
Supports college planning and career exploration for students.
Handles budgeting and financial tracking for school districts.
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Funding Insights of Allovue
Allovue has successfully raised a total of $13.64M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in May 2019. 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 8
- Last Round Series A — $4.0M
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First Round
First Round
(05 Feb 2014)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2019 | Amount | Series A - Allovue | Valuation | Macquarie Group |
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| Jan, 2019 | Amount | Series A - Allovue | Valuation | AccelerateBaltimore |
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| Apr, 2018 | Amount | Series A - Allovue | Valuation |
investors |
| 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 Allovue
Allovue has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include PowerSchool, Macquarie Group and TEDCO. 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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Founded Year | Domain | Location | |
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Real estate, venture capital investments, and financial services are provided.
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Founded Year | Domain | Location | |
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Seed stage venture capital firm investing in US
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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 Allovue
Allovue has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Equiday. 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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Software solutions for school funding management are provided.
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2018 |
| 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 - Allovue
| 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 |
Allovue Comparisons
Competitors of Allovue
Allovue 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 PowerSchool, Anthology, GoGuardian, Frontline Education and Education Dynamics, 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 software for K-12 education is provided.
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| domain | founded_year | HQ Location |
LMS and CRM solutions are provided for educational institutions.
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| domain | founded_year | HQ Location |
School devices and student activities are monitored via AI platform.
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| domain | founded_year | HQ Location |
SaaS-based platform offering management solutions for schools
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| domain | founded_year | HQ Location |
Prospecting and student retention platform for educational institutions
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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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Latest news on Allovue
Frequently Asked Questions about Allovue
When was Allovue founded?
Allovue was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Allovue located?
Allovue is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland, United States.
Is Allovue a funded company?
Allovue is a funded company, having raised a total of $13.64M across 8 funding rounds to date. The company's 1st funding round was a Series A of $2M, raised on Feb 05, 2014.
How many employees does Allovue have?
As of Dec 31, 2022, the latest employee count at Allovue is 33.
What does Allovue do?
Allovue was founded in 2013 and is based in Baltimore, United States. Software solutions for school financial management are offered in the education technology sector. Expense analytics, budgeting, planning, tracking, and reporting functions are supported. Integration of financial data with performance metrics like test scores and attendance is enabled. Decision-making processes are informed by these tools, prioritizing student outcomes in resource allocation.
Who are the top competitors of Allovue?
Allovue's top competitors include PowerSchool, GoGuardian and Anthology.
What products or services does Allovue offer?
Allovue offers PowerSchool SIS, Schoology Learning, Naviance, and Allovue.
How many acquisitions has Allovue made?
Allovue has made 1 acquisition, including Equiday.
Who are Allovue's investors?
Allovue has 8 investors. Key investors include PowerSchool, Macquarie Group, TEDCO, AccelerateBaltimore, and Rethink Capital Partners.
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