About Altitude Learning
Altitude Learning is a company based in San Francisco (United States) founded in 2013 was acquired by Higher Ground Education in January 2021.. Altitude Learning has raised $174.34 million across 3 funding rounds from investors including Higher Ground Education, Omidyar Network and Founders Fund. The company has 45 employees as of December 31, 2022. Altitude Learning offers products and services including Nido Program, Toddler Program, Children's House, Elementary Program, and Middle and High School. Altitude Learning operates in a competitive market with competitors including Renaissance, MasteryConnect, TagHive, Turnitin and Xello, among others.
- Headquarter San Francisco, United States
- Employees 45 as on 31 Dec, 2022
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Altschool
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$174.34 M (USD)
in 3 rounds
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Latest Funding Round
$40 M (USD), Series B
May 02, 2017
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Investors
Higher Ground Education
& 8 more
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Employee Count
45
as on Dec 31, 2022
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Acquired by
Higher Ground Education
(Jan 20, 2021)
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Products & Services of Altitude Learning
Altitude Learning offers a comprehensive portfolio of products and services, including Nido Program, Toddler Program, Children's House, Elementary Program, and Middle and High School. 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.
Nurturing environment for babies to develop walking and talking skills
Platform for toddlers to gain independence and life skills
Hands-on learning for reading, writing, and math activities
Child-paced curriculum in a rigorous environment
Mastery-based learning with real-world applications
Funding Insights of Altitude Learning
Altitude Learning has successfully raised a total of $174.34M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $40 million completed in May 2017. 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 3
- Last Round Series B — $40.0M
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First Round
First Round
(18 Mar 2014)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2017 | Amount | Series B - Altitude Learning | Valuation |
investors |
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| Mar, 2016 | Amount | Series B - Altitude Learning | Valuation | Founders Fund , a16z | |
| Mar, 2014 | Amount | Series A - Altitude Learning | Valuation | Founders Fund , a16z |
| 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 Altitude Learning
Altitude Learning has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Higher Ground Education, Omidyar Network and Founders Fund. 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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Venture capital investments in technology and defense sectors.
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Founded Year | Domain | Location | |
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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US focused seed and early-stage VC firm
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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 Altitude Learning
| 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 - Altitude Learning
| 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 |
Altitude Learning Comparisons
Competitors of Altitude Learning
Altitude Learning 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 Renaissance, MasteryConnect, TagHive, Turnitin and Xello, 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 K-12 assessments in reading, math, and writing are delivered.
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| domain | founded_year | HQ Location |
Assessment and data solutions are developed for K-12 education.
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| domain | founded_year | HQ Location |
AI-powered quiz application for educational engagement is provided.
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| domain | founded_year | HQ Location |
Plagiarism detection and assessment platforms are provided for educators.
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| domain | founded_year | HQ Location |
Provider of an online platform for developing technical and soft skills in students
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| domain | founded_year | HQ Location |
Assessment-assistance solutions are provided to educators via online tools.
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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 Altitude Learning
When was Altitude Learning founded?
Altitude Learning was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Altitude Learning located?
Altitude Learning is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Altitude Learning?
Ben Kornell is the current CEO of Altitude Learning.
Is Altitude Learning a funded company?
Altitude Learning is a funded company, having raised a total of $174.34M across 3 funding rounds to date. The company's 1st funding round was a Series A of $34.34M, raised on Mar 18, 2014.
How many employees does Altitude Learning have?
As of Dec 31, 2022, the latest employee count at Altitude Learning is 45.
What does Altitude Learning do?
Altitude Learning is an online platform that enables teachers to create assignments. It enables teachers to build and customize the curriculum and share content with other teachers in school, personalize activities according to each student, provide meaningful feedback to students with assessment tools, and track competency-based learning and create a summative view of student progress.
Who are the top competitors of Altitude Learning?
Altitude Learning's top competitors include Renaissance, Learnosity and MasteryConnect.
What products or services does Altitude Learning offer?
Altitude Learning offers Nido Program, Toddler Program, Children's House, Elementary Program, and Middle and High School.
Who are Altitude Learning's investors?
Altitude Learning has 9 investors. Key investors include Higher Ground Education, Omidyar Network, Founders Fund, Andreessen Horowitz, and Emerson Collective.