About Authentica Solutions
Authentica Solutions is a company based in Atlanta (United States) founded in 2013 was acquired by BrightBytes in June 2017.. Authentica Solutions has raised $6.2 million across 2 funding rounds from investors including BrightBytes, EduLab Capital Partners and Owl Ventures. Authentica Solutions has completed 1 acquisition, including Pip Learning. Authentica Solutions offers products and services including Authentica seed TM, Managed Services, Professional Services, Ed-Fi Alliance, and Microsoft SDS & Grade Passback. Authentica Solutions operates in a competitive market with competitors including Panorama Education, BrightBytes, Illuminate Education, Civitas Learning and OThot, among others.
- Headquarter Atlanta, United States
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Sectors
Education
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Authentica Solutions, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.2 M (USD)
in 2 rounds
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Latest Funding Round
$6.2 M (USD), Series A
Jun 11, 2024
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Investors
BrightBytes
& 2 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
BrightBytes
(Jun 29, 2017)
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Products & Services of Authentica Solutions
Authentica Solutions offers a comprehensive portfolio of products and services, including Authentica seed TM, Managed Services, Professional Services, Ed-Fi Alliance, and Microsoft SDS & Grade Passback. 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.
Education intelligence platform for data management and interoperability
Ensures scalability and manageability for education technology solutions
Provides implementation support for educational offerings
Facilitates data standards for educational interoperability
Handles student data synchronization and grade management
Integrates with platforms for enhanced classroom functionality
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Leadership Team
2 people
COO Team
1 people
Software Development Team
1 people
Program Team
1 people
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Funding Insights of Authentica Solutions
Authentica Solutions has successfully raised a total of $6.2M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.2 million completed in June 2024. 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 2
- Last Round Series A — $6.2M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series A - Authentica Solutions | Valuation | Owl Ventures |
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| Nov, 2023 | Amount | Seed - Authentica Solutions | 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 Authentica Solutions
Authentica Solutions has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include BrightBytes, EduLab Capital Partners and Owl Ventures. 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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EduLab Capital Partners is engaged in seed-stage investments in education and workforce technology.
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Founded Year | Domain | Location | |
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Investments in edtech companies are made by Owl Ventures.
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Founded Year | Domain | Location | |
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SaaS-based data analytics for educational technology use is provided.
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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 Authentica Solutions
Authentica Solutions has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Pip Learning. 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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Online platform offering solutions to protect student data for schools
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2013 |
| 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 - Authentica Solutions
| 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 |
Authentica Solutions Comparisons
Competitors of Authentica Solutions
Authentica Solutions 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 Panorama Education, BrightBytes, Illuminate Education, Civitas Learning and OThot, 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 |
Academic survey platforms for K-12 feedback collection are provided.
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| domain | founded_year | HQ Location |
SaaS-based data analytics for educational technology use is provided.
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| domain | founded_year | HQ Location |
An assessment and analytics platform for schools is offered.
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| domain | founded_year | HQ Location |
Predictive analytics platform for personalised education advice
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| domain | founded_year | HQ Location |
Predictive analytics solutions are provided for the education sector.
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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 Authentica Solutions
Frequently Asked Questions about Authentica Solutions
When was Authentica Solutions founded?
Authentica Solutions was founded in 2013 and raised its 1st funding round 10 years after it was founded.
Where is Authentica Solutions located?
Authentica Solutions is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Is Authentica Solutions a funded company?
Authentica Solutions is a funded company, having raised a total of $6.2M across 2 funding rounds to date.
What does Authentica Solutions do?
Authentica Solutions was founded in 2013 in Atlanta, United States, focusing on the education sector. Data challenges in education are addressed through cloud-based integration solutions. The DataSense platform enables data sharing between applications, including student information systems and web apps. Centrifuge serves as an open data management platform for master data handling. Customers such as Infinite Campus, Skyward, and Blackboard are supported.
Who are the top competitors of Authentica Solutions?
Authentica Solutions's top competitors include BridgeU, Panorama Education and AstrumU.
What products or services does Authentica Solutions offer?
Authentica Solutions offers Authentica seed TM, Managed Services, Professional Services, Ed-Fi Alliance, and 2 more products and services.
How many acquisitions has Authentica Solutions made?
Authentica Solutions has made 1 acquisition, including Pip Learning.
Who are Authentica Solutions's investors?
Authentica Solutions has 3 investors. Key investors include BrightBytes, EduLab Capital Partners, and Owl Ventures.
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