About Clutch Prep
Clutch Prep is a company based in Miami (United States) founded in 2011 was acquired by Pearson in April 2022.. Clutch Prep offers products and services including Video Lessons, Practice Problems, and AI Tutor. Clutch Prep operates in a competitive market with competitors including Abwaab, Zenius, uLesson, Khan Academy and Descomplica, among others.
- Headquarter Miami, United States
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Sectors
Education
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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 Pearson
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Products & Services of Clutch Prep
Clutch Prep offers a comprehensive portfolio of products and services, including Video Lessons, Practice Problems, and AI Tutor. 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.
Bite-sized videos explaining college topics for better understanding.
Exam-like questions with solutions to reinforce learning concepts.
AI-powered guidance for homework and concept mastery.
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Funding Insights of Clutch Prep
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2015 | Amount | Seed - Clutch Prep | Valuation |
investors |
| 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 Clutch Prep
Clutch Prep has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Pearson and 500 Global. 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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Venture capital and acceleration are provided to tech startups.
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Founded Year | Domain | Location | |
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Provider of evidence-based learning products and solutions for learners and educators
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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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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 Clutch Prep
| 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 - Clutch Prep
| 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 |
Clutch Prep Comparisons
Competitors of Clutch Prep
Clutch Prep 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 Abwaab, Zenius, uLesson, Khan Academy and Descomplica, 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 |
School curriculum is tutored online through videos, quizzes, and forums.
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| domain | founded_year | HQ Location |
App-based courses for school subjects are delivered via mobile platforms.
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| domain | founded_year | HQ Location |
Provider of online learning platform for school students
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| domain | founded_year | HQ Location |
Free online micro lectures on diverse subjects are offered.
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| domain | founded_year | HQ Location |
Online platform for ENEM exam preparation is offered to students.
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| domain | founded_year | HQ Location |
Interactive STEM courses are delivered via an online learning platform.
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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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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Clutch Prep
When was Clutch Prep founded?
Clutch Prep was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is Clutch Prep located?
Clutch Prep is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
What does Clutch Prep do?
Clutch Prep was founded in 2011 and is based in Miami, United States. Operations focus on the edtech sector, where a video-based curriculum aligned with undergraduate textbooks in chemistry, physics, calculus, statistics, and biology is developed. Subscription-based access to these videos and practice materials is offered to students. Over 56,000 students are reported to use the platform.
Who are the top competitors of Clutch Prep?
Clutch Prep's top competitors include Abwaab, Cambium Learning and Brilliant.
What products or services does Clutch Prep offer?
Clutch Prep offers Video Lessons, Practice Problems, and AI Tutor.
Who are Clutch Prep's investors?
Clutch Prep has 2 investors. Key investors include Pearson, and 500 Global.
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