About Caribu
Caribu is a company based in Miami (United States) founded in 2015 was acquired by Mattel in November 2022.. Caribu has raised $5.34 million across 6 funding rounds from investors including AT&T, Mattel and Women Who Tech. Caribu offers products and services including Caribu App. Caribu operates in a competitive market with competitors including Sharpen, Yuna, Kidzovo, Claynosaurz and Readaboo, among others.
- Headquarter Miami, United States
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Sectors
ConsumerEducation Media & Entertainment
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Email
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Phone
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Website
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Social
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- Legal Name Caribu Inc.
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Products & Services of Caribu
Caribu offers a comprehensive portfolio of products and services, including Caribu App. 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.
Interactive app for video-calls with reading, drawing, and games for kids.
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Funding Insights of Caribu
Caribu has successfully raised a total of $5.34M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $2 million completed in December 2020. 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 6
- Last Round Series A — $2.0M
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First Round
First Round
(23 Mar 2018)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2020 | Amount | Series A - Caribu | Valuation |
investors |
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| Nov, 2020 | Amount | Grant - Caribu | Valuation |
investors |
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| Feb, 2020 | Amount | Seed - Caribu | 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 |
Investors in Caribu
Caribu has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include AT&T, Mattel and Women Who Tech. 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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Innovative technology companies are supported through active partnerships.
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Founded Year | Domain | Location | |
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Be Curious Partners is focused on tech-enabled parenthood investments.
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Founded Year | Domain | Location | |
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Revolution is recognized as a D.C.-based investment firm.
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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 Caribu
| 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 - Caribu
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Caribu Comparisons
Competitors of Caribu
Caribu 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 Sharpen, Yuna, Kidzovo, Claynosaurz and Readaboo, 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 |
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| domain | founded_year | HQ Location |
Early childhood reading assessments and educational tools are provided.
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| domain | founded_year | HQ Location |
A platform is provided for children's interactive reading experiences.
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| domain | founded_year | HQ Location |
AI-driven interactive learning app for children aged 2-8 is provided.
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| domain | founded_year | HQ Location |
Interactive dinosaur adventure stories are offered online for children.
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| domain | founded_year | HQ Location |
Interactive app teaching reading by breaking down words in 11 languages.
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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 Caribu
Frequently Asked Questions about Caribu
When was Caribu founded?
Caribu was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Caribu located?
Caribu is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Is Caribu a funded company?
Caribu is a funded company, having raised a total of $5.34M across 6 funding rounds to date. The company's 1st funding round was a Seed of $338.27K, raised on Mar 23, 2018.
What does Caribu do?
Caribu is a video calling and storytelling application for children and families. It offers reading, drawing, and screen sharing while on a video call. Its in-app library has multiples titles from popular publishers. It supports multiple languages and provides both online offline reading. Also has educational workbooks and provides suggestions based on history. The company offers mobile applications for Android and iOS devices.
What products or services does Caribu offer?
Caribu offers Caribu App.
Who are Caribu's investors?
Caribu has 8 investors. Key investors include AT&T, Mattel, Women Who Tech, Halestreet, and Be Curious Partners.
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