About Anthem
Anthem is a company based in Chennai (India) founded in 2018. Anthem has raised $3.14 million across 4 funding rounds from investors including Accion, Elevation Capital and Wrx Investment. The company has 2 employees. Anthem operates in a competitive market with competitors including Vanco Payment Solutions, GrayQuest, zenda, ClassWallet and Jodo, among others.
- Headquarter Chennai, India
- Employees 2
- Stage Minicorn
- SectorsEducation
- Email••••••••
- Phone•••• ••••
- Website getanthem.co
- Social LinkedIn
- Annual Revenue$23.21 K (USD)200as on Mar 31, 2024
- Net Profit-$29.64 K (USD)93as on Mar 31, 2024
- EBITDA-$29.63 K (USD)84as on Mar 31, 2024
- Total Equity Funding$3.14M (USD)
in 4 rounds
- Latest Funding Round$1.07M (USD), Series A
May 2021
- InvestorsAccion
& 19 more
- Employee Count2
Associated legal entities of Anthem
Anthem is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mossbrae Solutions Private Limited CIN U72100TN2018PTC121268 | Active | 09 Mar 2018 | Chennai, Tamil Nadu | ₹0.2 Cr | 33 | 2 | View details |
| Mossbrae Capital Private Limited CIN U65990TN2019PTC130786 | Active | 30 Jul 2019 | Chennai, Tamil Nadu | ₹0.0 Cr | 48 | 3 | View details |
Funding Insights of Anthem
Anthem has successfully raised a total of $3.14M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $1.07 million completed in May 2021. 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 $3.14M
- Total Rounds 4
- Last Round Series A — $1.07M
- Investors Count 20
All 4 funding rounds of Anthem with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2021 | $1.07M | Series A | $7.99M | Accion | |
| Jun 2019 | $1.7M | Seed | $4.85M | Elevation Capital | |
| Jan 2019 | $369,360 | Angel Round | $••••• | Michael Yee McCaffrey | |
| May 2018 | – | Seed | – | MassChallenge | – |
| Date | Valuation | Stage |
|---|---|---|
| May 2021 | $7.99M | •••••••• |
| Jun 2019 | $4.85M | •••••••• |
| Jan 2019 | $••••• | •••••••• |
Full valuation and stage history of Anthem
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $7.99M (May 2021). 20 investors in total: 9 institutional and 11 angel.
Investors in Anthem
Anthem has secured backing from 20 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Accion, Elevation Capital and Wrx Investment.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Elevation Capital is focused on early-stage tech investments in India. | – | elevationcapital.com | Delhi, India | |
Investments are directed toward edtech sector by venture capital fund. | – | wrxinvestmentatfwrxtrust.tcc.mode | - | |
Impact investments are targeted by VilCap Investments venture capital firm. | – | vilcapinvestments.com | San Francisco, United States | |
Early-stage entrepreneurs are accelerated through MassChallenge's program. | – | masschallenge.org | Boston, United States | |
Foundation focused on early-stage investments in fintech sector | 1961 | accion.org | - | |
- | – | markandminadanielsinvestmenttrust.tcc.mode | - | |
- | – | mpandlmcushwayatfmarkandleighcushwaysuperannutionfund.tcc.mode | - | |
Provider of brokerage services for buying and selling real estate properties | – | rabestate.tcc.mode | Oldham, United Kingdom | |
AS Aishwarya S Yadalam | - | – | unknown_c2f293ccdd36483a9 | - |
NS Nishant S Yadalam | - | – | unknown_b0a451d97f394e299 | - |
Investor details for Anthem
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Anthem
The boards of the 2 registered companies of Anthem currently have 3 directors; the longest-serving is Paveethra, appointed in 2019. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Paveethra DIN 07970973 | Director | 30 Jul 2019 | 7 yrs 2 mo | Mossbrae Capital Private Limited, Mossbrae Solutions Private Limited |
| Shivshankar Vadivelalagan DIN 07970967 | Director | 30 Jul 2019 | 7 yrs 2 mo | Mossbrae Capital Private Limited, Mossbrae Solutions Private Limited |
| Thirunavukkarasu Ramanisankar DIN 07787444 | Director | 30 Oct 2019 | 6 yrs 11 mo | Mossbrae Capital Private Limited |
Financials of Anthem
Figures of Mossbrae Capital Private Limited, the primary company behind Anthem, for FY 2024. Revenue was ₹7,640 (-78% year on year). Net loss was -₹75,837 (-993% margin). EBITDA was -₹75,837 (-993% margin). Revenue has grown at a compounded annual rate of -82% over three years.
- ₹7,640Revenue · FY 2024 · -78% YoY
- -₹75,837Net loss · -993% margin
- -₹75,837EBITDA · -993% margin
- ₹2.05 CrPaid-up capital
- 48Employees (provident fund records)
- -82%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Mossbrae Capital Private Limited are on its company page.
Detailed financial statements for Anthem
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Anthem
4 dated milestones of Anthem across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Anthem is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $1.1M.
Competitors of Anthem
Anthem 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 Vanco Payment Solutions, GrayQuest, zenda, ClassWallet and Jodo, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vancopayments.com | 2007 | Atlanta, United States | $127M | 257 | Payment gateway solutions are provided for faith-based organizations and nonprofits. | |
| grayquest.com | 2017 | Mumbai, India | $25.21M | 252 | SaaS-based fee collection platform for educational institutions is offered. | |
| zenda.com | 2021 | Dubai, United Arab Emirates | $9.4M | – | Provider of app-based pay-now and pay-later solutions for students | |
| classwallet.com | 2014 | Miami, United States | $106.69M | – | SaaS-driven digital wallet solutions are provided for schools. | |
| jodo.in | 2020 | Bengaluru, India | $19.02M | 154 | Automated fee management platform for educational institutions is provided. | |
| isaac.com.br | 2010 | Sao Paulo, Brazil | $125M | – | School financial management is enabled via a digital platform. | |
| mattilda.io | 2022 | Mexico | $29M | – | Billing assistance solutions are delivered online for schools and parents. | |
| getcometa.com | 2022 | Mexico | $17M | – | Payments for schools are facilitated through Cometa's integrated platform. | |
| parentpay.com | 2002 | Coventry, United Kingdom | – | 221 | Online payments for school meals, trips, and activities are managed. |
Detailed competitors of Anthem
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Anthem
10 companies that operate in the same segment as Anthem (Education Technology Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of a platform providing gamified language learning through interactive exercises | 2011 | Pittsburgh, Pennsylvania, United States | USD 183.3 M | USD 748.02 M | 830 | |
Online educational resources and test preparation for exams are provided. | 2016 | Noida, Uttar Pradesh, India | USD 311.77 M | USD 415.66 M | 10,293 | |
Cloud-based software for K-12 education is provided. | 1997 | Folsom, California, United States | USD 32 M | USD 47.59 M | 1,308 | |
AI-powered robots are provided as companions for children. | 2015 | Mumbai, Maharashtra, India | USD 106.21 M | – | – | |
Online platform for preschool management and parent updates is offered. | 2014 | San Francisco, California, United States | USD 88.8 M | – | – | |
Real-time classroom behavior feedback is delivered to students by teachers. | 2011 | San Francisco, California, United States | USD 221.22 M | – | – | |
Integrated edtech systems are provided for K-12 schools. | 2012 | Mumbai, Maharashtra, India | USD 172.32 M | USD 43.22 M | 1,149 | |
Cloud-based learning management systems are provided for educational courses. | 1999 | Salt Lake City, Utah, United States | USD 88.85 M | – | – | |
High-quality K-12 curriculum and assessments are provided by Amplify. | 2000 | Brooklyn, New York, United States | USD 215 M | – | – | |
One-to-one online English tutoring is provided by 51Talk. | 2011 | Beijing, China | USD 89 M | USD 95.85 M | 539 |
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Frequently Asked Questions about Anthem
Anthem was founded in 2018.
Anthem is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Anthem is a funded company, having raised a total of $3.14M across 4 funding rounds to date.
Anthem has 2 employees.
Annual revenue of Anthem is $23.21K as on Mar 31, 2024.
Anthem was founded in 2018 in Chennai, India, within the fintech sector. A mobile and SaaS-based platform is operated to handle financial management tasks. Services encompass fee collection, revenue management, payment gateways, and AI-generated reports. The associated mobile application is accessible on Android and iOS devices, supporting operations primarily in India.
Anthem's top competitors include Vanco Payment Solutions, GrayQuest and ClassWallet.
Anthem has 20 investors. Key investors include Accion, Elevation Capital, Wrx Investment, Mark And Mina Daniels Investment Trust, and Mp And Lm Cushway Atf Mark And Leigh Cushway Superannution Fund.
The valuation of Anthem is $7.99M as of May 2021.
Anthem is associated with 2 legal entities: Mossbrae Capital Private Limited, Mossbrae Solutions Private Limited.
The legal entities of Anthem currently have 3 directors, including Thirunavukkarasu Ramanisankar, Paveethra, Shivshankar Vadivelalagan.