About authorGEN Technologies
authorGEN Technologies is a company based in Raleigh (United States) founded in 2002 by Harmanpreet Singh and Supneet Kaur Khurana was acquired by Educomp in August 2007.. authorGEN Technologies has raised $13.15 million across 7 funding rounds from investors including Educomp, Bertelsmann India Investments and Invictus Capital Partners. The company has 21 employees as of March 30, 2024. authorGEN Technologies operates in a competitive market with competitors including D2L, Instructure, Moodle, 2U and Schoology, among others.
- Headquarter Raleigh, United States
- Employees 21 as on 30 Mar, 2024
- Founders Harmanpreet Singh, Supneet Kaur Khurana
- Stage Minicorn
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Sectors
Education
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Authorgen Technologies Private Limited
- Date of Incorporation 23 Sep, 1999
- Jurisdiction Mohali, Punjab, India
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Annual Revenue
$2.2 M (USD)14.86as on Mar 31, 2021
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Net Profit
$440.66 K (USD)116.79as on Mar 31, 2021
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EBITDA
$44.73 K (USD)-83.1as on Mar 31, 2021
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Total Equity Funding
$13.15 M (USD)
in 7 rounds
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Latest Funding Round
$512.23 K (USD), Series A
Dec 06, 2017
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Investors
Educomp
& 12 more
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Employee Count
21
as on Mar 30, 2024
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Acquired by
Educomp
(Aug 17, 2007)
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Funding Insights of authorGEN Technologies
authorGEN Technologies has successfully raised a total of $13.15M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $512.23 thousand completed in December 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 7
- Last Round Series A — $512,231
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First Round
First Round
(29 Jan 2007)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2017 | Amount | Series A - authorGEN Technologies | Valuation | Bertelsmann India Investments , Invictus Capital Partners | |
| Nov, 2016 | Amount | Series A - authorGEN Technologies | Valuation | Aakash Chaudhry | |
| Mar, 2016 | Amount | Series A - authorGEN Technologies | Valuation | Bertelsmann India Investments |
| 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 authorGEN Technologies
authorGEN Technologies has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Educomp, Bertelsmann India Investments and Invictus Capital Partners. 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 firm backed by Bertelsmann
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Founded Year | Domain | Location | |
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VC firm focused on investing in ed-tech startups
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Founded Year | Domain | Location | |
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Venture capital investments in education sectors are managed by Kaizenvest.
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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 authorGEN Technologies
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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 - authorGEN Technologies
| 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 |
Authorgen Technologies Comparisons
Competitors of authorGEN Technologies
authorGEN Technologies 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 D2L, Instructure, Moodle, 2U and Schoology, 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 |
Learning management systems are provided for multiple sectors.
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| domain | founded_year | HQ Location |
Cloud-based learning management systems are provided for educational courses.
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| domain | founded_year | HQ Location |
An open-source learning management platform is developed for education.
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| domain | founded_year | HQ Location |
Learning platforms are provided for students from preschool to college.
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| domain | founded_year | HQ Location |
Online platform offering learning management system
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| domain | founded_year | HQ Location |
Interactive e-books and learning assessments are offered by Kno.
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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 authorGEN Technologies
When was authorGEN Technologies founded?
authorGEN Technologies was founded in 2002 and raised its 1st funding round 5 years after it was founded.
Where is authorGEN Technologies located?
authorGEN Technologies is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.
Is authorGEN Technologies a funded company?
authorGEN Technologies is a funded company, having raised a total of $13.15M across 7 funding rounds to date. The company's 1st funding round was a Series A of $1.01M, raised on Jan 29, 2007.
How many employees does authorGEN Technologies have?
As of Mar 30, 2024, the latest employee count at authorGEN Technologies is 21.
What is the annual revenue of authorGEN Technologies?
Annual revenue of authorGEN Technologies is $2.2M as on Mar 31, 2021.
What does authorGEN Technologies do?
authorGEN Technologies was founded in 2002 and is headquartered in Raleigh, United States. Operations focus on the SaaS sector, where platforms for multimedia content creation are provided. Key products include authorPoint, used for developing presentations and shareable materials, and WiZiQ, designed for online teaching by educators. A subscription-based model is employed for pricing, with integration tools supported through a partnership with Microsoft.
Who are the top competitors of authorGEN Technologies?
authorGEN Technologies's top competitors include Instructure, D2L and 2U.
Who are authorGEN Technologies's investors?
authorGEN Technologies has 13 investors. Key investors include Educomp, Bertelsmann India Investments, Invictus Capital Partners, Invictus Capital Partners, and Aakash Chaudhry.
What is authorGEN Technologies's valuation?
The valuation of authorGEN Technologies is $24.46M as of Dec 2017.
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