About Bakpax
Bakpax is a company based in New York (United States) founded in 2017 by Will Fleiss, Trevor Smith, and Jose Ferreira.. Bakpax has raised $3.7 million across 2 funding rounds. Bakpax operates in a competitive market with competitors including Peergrade.io, GradeCam, The Graide Network, Ans and Quick Key Mobile, among others.
- Headquarter New York, United States
- Founders Will Fleiss, Trevor Smith, Jose Ferreira
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Sectors
Education
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.7 M (USD)
in 2 rounds
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Latest Funding Round
$3 M (USD), Series A
Dec 04, 2019
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Investors
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Employee Count
Employee Count
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Funding Insights of Bakpax
Bakpax has successfully raised a total of $3.7M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in December 2019. 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 — $3.0M
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First Round
First Round
(16 Oct 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Series A - Bakpax | Valuation |
investors |
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| Oct, 2017 | Amount | Seed - Bakpax | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Bakpax
| 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 - Bakpax
| 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 |
Bakpax Comparisons
Competitors of Bakpax
Bakpax 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 Peergrade.io, GradeCam, The Graide Network, Ans and Quick Key Mobile, 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 |
Peer assignments are created and graded by students using rubrics.
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| domain | founded_year | HQ Location |
Multiple-choice assignments are graded via cameras and integrated into gradebooks.
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| domain | founded_year | HQ Location |
Platform connecting teachers with teaching assistants
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| domain | founded_year | HQ Location |
Cloud-based assessments and automated grading are facilitated for digital exams.
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| domain | founded_year | HQ Location |
Mobile grading app for teachers
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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 Bakpax
When was Bakpax founded?
Bakpax was founded in 2017.
Where is Bakpax located?
Bakpax is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Bakpax?
Jose Ferreira is the current CEO of Bakpax. They have also founded this company.
Is Bakpax a funded company?
Bakpax is a funded company, having raised a total of $3.7M across 2 funding rounds to date. The company's 1st funding round was a Seed of $700K, raised on Oct 16, 2017.
What does Bakpax do?
Bakpax was founded in 2017 in New York, United States, as an AI and SaaS platform in the education technology sector. Assignments are created by teachers, completed work is uploaded by students, and automated grading with feedback is provided to instructors. Operations focus on streamlining assessment processes through subscription-based access, serving users across educational institutions.
Who are the top competitors of Bakpax?
Bakpax's top competitors include Peergrade.io, GradeCam and Ans.