About Answers
Answers is a company based in Saint Louis (United States) founded in 1999 was acquired by Apax in August 2014. Answers has raised $35.5 million across 7 funding rounds from investors including Goldman Sachs, SVB and AOL. Answers has completed 2 acquisitions, including ForeSee and ResellerRatings. Answers operates in a competitive market with competitors including Quora, ClassDojo, Brainly, ELSA Speak and Zhihu, among others.
- Headquarter Saint Louis, United States
- Stage Public
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Sectors
Media & EntertainmentEducation
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$35.5 M (USD)
in 7 rounds
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Latest Funding Round
$39.01 M (USD), Post-IPO
Oct 03, 2014
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Investors
Goldman Sachs
& 11 more
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Employee Count
Not available
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Investments & Acquisitions
ForeSee
& 1 more
- Acquired by
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Funding Insights of Answers
Answers has successfully raised a total of $35.5M across 7 strategic funding rounds. The most recent funding activity was a Post-IPO round of $39.01 million completed in October 2014. 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.
Investors in Answers
Answers has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, SVB and AOL.
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Summit Partners is recognized as a growth equity investment firm.
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Multiple sectors are invested in by private equity firm TA.
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Redpoint Ventures is engaged in venture capital investments.
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Investor details for Answers
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Investments & Acquisitions by Answers
Answers has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include ForeSee and ResellerRatings.
Investment portfolio details for Answers
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
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Customer experience analytics are conducted across digital and physical channels.
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Customer reviews for e-commerce businesses are managed online.
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Complete acquisition details for Answers
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Answers
Detailed financials for Answers
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Answers Comparisons
Peer comparison for Answers
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of Answers
Answers 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 Quora, ClassDojo, Brainly, ELSA Speak and Zhihu, among others.
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Questions are asked and answered on a social community platform.
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Real-time classroom behavior feedback is delivered to students by teachers.
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Learning resources for school students are provided via question-answering platform.
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Developer of an application providing English language pronunciation and fluency training
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Questions and answers are facilitated on an app-based social platform.
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Social platform for IT professionals & programmers
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Detailed competitors of Answers
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Answers
Complete news archive for Answers
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Answers
Answers was founded in 1999.
Answers is headquartered in Saint Louis, United States. It is registered at Saint Louis, Missouri, United States.
Pete Daffern is the current CEO of Answers.
Answers is a funded company, having raised a total of $35.5M across 7 funding rounds to date.
Answers was founded in 1999 in Saint Louis, United States, as a social QA community in the online media sector. General questions on various topics are posed by users and addressed by community members. Discussion forums are created, and expert responses are provided through a dedicated WikiAnswers section. Articles are submitted by users, with revenue generated via advertising on the domain answers.com.
Answers's top competitors include ClassDojo, Quora and Stack Overflow.
Answers has made 2 acquisitions, including ForeSee, and ResellerRatings.
Answers has 12 investors. Key investors include Goldman Sachs, SVB, AOL, Apax Partners, and Robertson Stephens Partners.