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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- Legal Name Caribu Inc.
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Products & Services of Caribu
Caribu offers a comprehensive portfolio of products and services, including Caribu App.
Interactive app for video-calls with reading, drawing, and games for kids.
People of Caribu
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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.
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.
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Innovative technology companies are supported through active partnerships.
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Be Curious Partners is focused on tech-enabled parenthood investments.
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Revolution is recognized as a D.C.-based investment firm.
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Investor details for Caribu
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Investments & Acquisitions by Caribu
Investment portfolio details for Caribu
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Financial Statements - Caribu
Detailed financials for Caribu
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Caribu Comparisons
Peer comparison for Caribu
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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.
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Early childhood reading assessments and educational tools are provided.
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A platform is provided for children's interactive reading experiences.
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AI-driven interactive learning app for children aged 2-8 is provided.
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Interactive dinosaur adventure stories are offered online for children.
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Interactive app teaching reading by breaking down words in 11 languages.
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Detailed competitors of Caribu
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Latest news on Caribu
Complete news archive for Caribu
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Frequently Asked Questions about Caribu
Caribu was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Caribu is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Caribu is a funded company, having raised a total of $5.34M across 6 funding rounds to date.
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.
Caribu offers Caribu App.
Caribu has 8 investors. Key investors include AT&T, Mattel, Women Who Tech, Halestreet, and Be Curious Partners.