Carnegie Learning

Pittsburgh, United States Founded: 1994 • Age: 32 yrs Acquired By MDP
Maths learning resources and curricula are provided for students.

About Carnegie Learning

Carnegie Learning is a company based in Pittsburgh (United States) founded in 1994 was acquired by MDP in September 2020.. Carnegie Learning has completed 3 acquisitions, including Globaloria, Scientific Learning and Zorbit's Math Adventure. Carnegie Learning operates in a competitive market with competitors including Amplify, LEAD School, EVERFI, Uchi.ru and ConveGenius, among others.

  • Headquarter Pittsburgh, United States
  • Sectors
    Education
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Carnegie Learning, Inc.
Operational Areas
Education → Education Technology (EdTech)
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $393.62 K (USD), Grant

    Aug 01, 2022

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Globaloria

    & 2 more

  • Acquired by
    MDP

    & 2 more

    (Sep 01, 2020)

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People of Carnegie Learning
Headcount 500-1000
Employee Profiles 44
Employee Profiles
People
Steve Ritter
Chief Scientist
People
Barry Malkin
CEO
People
Deanna Cogan
Corporate Controller
People
Jessica Stephenson
Talent & People Manager

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Funding Insights of Carnegie Learning

  • Total Funding
  • Total Rounds 3
  • Last Round Grant — $393,616
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2022 Amount Grant - Carnegie Learning Valuation

investors

Oct, 2021 Amount Grant - Carnegie Learning Valuation

investors

ED
Sep, 2018 Amount Private Equity Round - Carnegie Learning Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Carnegie Learning

Carnegie Learning has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include U.S. Department of Education, The Apollo Group and National Science Foundation. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are focused on middle-market growth companies.
Founded Year Domain Location
Private equity investments are directed toward key sectors by MDP.
Founded Year Domain Location
A government-backed foundation providing seed-stage investments to support small businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Carnegie Learning

Carnegie Learning has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Globaloria, Scientific Learning and Zorbit's Math Adventure. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Gamified platform for maths learning with progress insights is offered.
2009
Online K-12 programming courses are delivered through game design.
2006
SaaS platforms for English language learning are offered.
1995
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Carnegie Learning

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Carnegie Learning Comparisons

Employees
+
Add Comparison
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Competitors of Carnegie Learning

Carnegie Learning 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 Amplify, LEAD School, EVERFI, Uchi.ru and ConveGenius, 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
High-quality K-12 curriculum and assessments are provided by Amplify.
domain founded_year HQ Location
Integrated edtech systems are provided for K-12 schools.
domain founded_year HQ Location
Online courses for workplace, higher, and school education are offered.
domain founded_year HQ Location
Online courses and gamified tasks for school students are provided.
domain founded_year HQ Location
AI-powered platforms are developed for personalized educational learning and assessments.
domain founded_year HQ Location
School transformation solutions with content and technology are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Carnegie Learning

Frequently Asked Questions about Carnegie Learning

When was Carnegie Learning founded?

Carnegie Learning was founded in 1994 and raised its 1st funding round 24 years after it was founded.

Where is Carnegie Learning located?

Carnegie Learning is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.

What does Carnegie Learning do?

Carnegie Learning was founded in 1994 in Pittsburgh, United States, and operates within the education sector. Focus is placed on mathematics instruction through various products, including textbooks designed for group-based learning, adaptive software for personalized tutoring, a three-year curriculum series for middle school students, and remedial courses to support college-level math preparation. Supplementary materials for maths education are also offered.

Who are the top competitors of Carnegie Learning?

Carnegie Learning's top competitors include LEAD School, Amplify and ConveGenius.

How many acquisitions has Carnegie Learning made?

Carnegie Learning has made 3 acquisitions, including Globaloria, Scientific Learning, and Zorbit's Math Adventure.

Who are Carnegie Learning's investors?

Carnegie Learning has 5 investors. Key investors include U.S. Department of Education, The Apollo Group, National Science Foundation, CIP Capital, and Madison Dearborn Partners.

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