Cleverbean

Bondi, Australia Founded: 2016 • Age: 10 yrs
Online reading tool for teachers and schools

About Cleverbean

Cleverbean is a company based in Bondi (Australia) founded in 2016. Cleverbean has raised $200 thousand across 1 funding round from investors including Skalata. Cleverbean offers products and services including Cleverbean Platform, Lessons, and AI Feedback. Cleverbean operates in a competitive market with competitors including Education.com, Chalk.com, ChalkTalk, TailorED and Nigenius, among others.

  • Headquarter Bondi, Australia
  • Sectors
    Education
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website cleverbean.co
  • Social LinkedIn X
Key Metrics
  • Total Equity Funding
    $200K (USD)

    in 1 rounds

  • Latest Funding Round
    $200K (USD), Seed

    May 2023

  • Investors

Products & Services of Cleverbean

Cleverbean offers a comprehensive portfolio of products and services, including Cleverbean Platform, Lessons, and AI Feedback.

Cleverbean Platform
Educational Software

AI tool for literacy teaching and real-time student feedback

Lessons
Curriculum Content

Engaging units aligned with Australian literacy standards

AI Feedback
Writing Tools

Provides personalized feedback on student writing tasks

Funding Insights of Cleverbean

Cleverbean has successfully raised a total of $200K through 1 strategic funding round. The most recent funding activity was a Seed round of $200 thousand completed in May 2023. 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 $200,000
  • Total Rounds 1
  • Last Round Seed β€” $200,000
  • First Round $200,000

    (May 2023)

  • Investors Count 1

All 1 funding rounds of Cleverbean with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2023$200,000Seed––
Valuation history

1 investors in total: 1 institutional.

Investors in Cleverbean

Cleverbean has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Skalata.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Venture capital firm providing investment and support to pre-seed founders in Australia.
2018skalata.vcMelbourne, Australia
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Investor details for Cleverbean

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  • Round participation
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Timeline of Cleverbean

2 dated milestones of Cleverbean across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Cleverbean is founded.
  2. Funding First funding round of $200K.

Competitors of Cleverbean

Cleverbean 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 Education.com, Chalk.com, ChalkTalk, TailorED and Nigenius, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
education.com2006Redwood, United States$38.09M45
Educational content for teachers and parents
chalk.com2012Waterloo, Canada$500,00024
SaaS productivity tools for K-12 teachers are provided.
chalktalk.com2016Boston, United States$8.4M–
Provider of learning tools for teachers
tailor-ed.com2017Tel Aviv, Israel$1.6M–
Provider of a lesson planning tool for teachers
nigenius.com.ng2018Lagos, Nigeria––
Lesson planning solutions are provided for teachers and parents.
planbook.com2010Yorkville, United States––
Provides comprehensive online tools for effective lesson planning.
vastaplatform.com1966Brazil––
Vasta Platform is an AI-based solution providing learning tools for students.
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Detailed competitors of Cleverbean

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  • Operating metrics
  • Benchmarks
  • Competitive positioning

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Web traffic of Cleverbean

The website of Cleverbean (cleverbean.co) receives about 3.5K visits a month.

  • Monthly visits
    3.5K

    ▼ 4.3% vs previous month

Latest news on Cleverbean

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Complete news archive for Cleverbean

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Similar companies to Cleverbean

10 companies that operate in the same segment as Cleverbean (Education Technology Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of a platform providing gamified language learning through interactive exercises
2011Pittsburgh, Pennsylvania, United StatesUSD 183.3 MUSD 748.02 M830
Online educational resources and test preparation for exams are provided.
2016Noida, Uttar Pradesh, IndiaUSD 311.77 MUSD 415.66 M10,293
Cloud-based software for K-12 education is provided.
1997Folsom, California, United StatesUSD 32 MUSD 47.59 M1,308
AI-powered robots are provided as companions for children.
2015Mumbai, Maharashtra, IndiaUSD 106.21 M––
Online platform for preschool management and parent updates is offered.
2014San Francisco, California, United StatesUSD 88.8 M––
Real-time classroom behavior feedback is delivered to students by teachers.
2011San Francisco, California, United StatesUSD 221.22 M––
Integrated edtech systems are provided for K-12 schools.
2012Mumbai, Maharashtra, IndiaUSD 172.32 MUSD 43.22 M1,149
Cloud-based learning management systems are provided for educational courses.
1999Salt Lake City, Utah, United StatesUSD 88.85 M––
High-quality K-12 curriculum and assessments are provided by Amplify.
2000Brooklyn, New York, United StatesUSD 215 M––
One-to-one online English tutoring is provided by 51Talk.
2011Beijing, ChinaUSD 89 MUSD 95.85 M539
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Frequently Asked Questions about Cleverbean

Cleverbean was founded in 2016 and raised its 1st funding round 7 years after it was founded.

Cleverbean is headquartered in Bondi, Australia. It is registered at Bondi, New South Wales, Australia.

Cleverbean is a funded company, having raised a total of $200K across 1 funding round to date. The company's 1st funding round was a Seed of $200K, raised on May 2023.

Cleverbean was founded in 2016 in Bondi, Australia, within the educational technology sector. An online reading tool is operated for teachers and schools, where practical activities are delivered to accommodate students different reading levels. Reading strategies are practiced through integrated tips, prompts, and exercises. Progress in students reading is monitored and tracked by teachers. Access to the platform is structured around a monthly subscription model.

Cleverbean's top competitors include Education.com, Chalk.com and TailorED.

Cleverbean offers Cleverbean Platform, Lessons, and AI Feedback.

Cleverbean has 1 investor. Key investors include Skalata.

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