About Citelighter
Citelighter is a company based in New York (United States) founded in 2011 was acquired by Sylvan Learning in May 2017.. Citelighter has raised $6.58 million across 7 funding rounds from investors including TEDCO, Sylvan Learning and Baltimore Angels. Citelighter operates in a competitive market with competitors including Causaly, ScienceIO, Collaborative Drug Discovery, Qrativ and Kudos, among others.
- Headquarter New York, United States
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Citelighter, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.58 M (USD)
in 7 rounds
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Latest Funding Round
$2.1 M (USD), Seed
Jun 07, 2016
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Investors
TEDCO
& 11 more
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Employee Count
Employee Count
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Acquired by
Sylvan Learning
(May 03, 2017)
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Funding Insights of Citelighter
Citelighter has successfully raised a total of $6.58M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $2.1 million completed in June 2016. 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 Seed — $2.1M
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First Round
First Round
(27 May 2013)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2016 | Amount | Seed - Citelighter | Valuation |
investors |
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| May, 2016 | Amount | Debt – Conventional - Citelighter | Valuation |
investors |
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| Sep, 2015 | Amount | Debt – Conventional - Citelighter | 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 Citelighter
Citelighter has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include TEDCO, Sylvan Learning and Baltimore Angels. 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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Founded Year | Domain | Location | |
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Early-stage technology startups are funded by New York Angels network.
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Founded Year | Domain | Location | |
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Venture capital firm focused on tech companies
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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 Citelighter
| 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.
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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 - Citelighter
| 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 |
Citelighter Comparisons
Competitors of Citelighter
Citelighter 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 Causaly, ScienceIO, Collaborative Drug Discovery, Qrativ and Kudos, 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 |
AI-based data-mining tools for scientific evidence discovery are provided.
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| domain | founded_year | HQ Location |
Provider of AI solutions transforming medical text into enriched healthcare data
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| domain | founded_year | HQ Location |
Biological and chemical data are managed securely in a database.
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| domain | founded_year | HQ Location |
AI based drug purposing platform to identify treatments for rare diseases
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| domain | founded_year | HQ Location |
Research communication services are provided to boost visibility and impact.
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| domain | founded_year | HQ Location |
Medical news and research are personalized for physicians.
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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 Citelighter
When was Citelighter founded?
Citelighter was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is Citelighter located?
Citelighter is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Citelighter a funded company?
Citelighter is a funded company, having raised a total of $6.58M across 7 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $731.57K, raised on May 27, 2013.
What does Citelighter do?
Citelighter provides digital writing solution for K-20 students. Citelight provides a confidential conversation to student when he is a struck in middle of his writing. Provides video based lessons on particular topics of thesis writings and also have some pre-fixed templates for writings. Writings are directly synced with Google Docs. Automatically prepares bibliographies. Teachers can give gradings to their students writings. Gives insights to the teachers by providing data and graphs on students performance. Won 6 national awards. Works on Freemium model.
Who are the top competitors of Citelighter?
Citelighter's top competitors include Causaly, ScienceIO and BioSymetrics.
Who are Citelighter's investors?
Citelighter has 12 investors. Key investors include TEDCO, Sylvan Learning, Baltimore Angels, New York Angels, and HBS Alumni Angels Association.
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