About CommonLit
CommonLit is a company based in Washington (United States) founded in 2014. CommonLit has raised $4 million across 3 funding rounds from investors including Google, Teach For America and U.S. Department of Education. CommonLit offers products and services including ELA Curriculum, Professional Development, and Benchmark Assessments. CommonLit operates in a competitive market with competitors including Reading Plus, Lexia Learning, StudySync, Headsprout and Spritz, among others.
- Headquarter Washington, United States
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Sectors
Education
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Phone
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Website
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Social
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- Legal Name Commonlit Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$4 M (USD)
in 3 rounds
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Latest Funding Round
$3.5 M (USD), Grant
Oct 09, 2018
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Investors
Google
& 5 more
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Employee Count
Not available
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Products & Services of CommonLit
CommonLit offers a comprehensive portfolio of products and services, including ELA Curriculum, Professional Development, and Benchmark Assessments.
Platform for standards-aligned ELA lessons and texts for students.
Support for educators on curriculum implementation and teaching strategies.
Tests to track student reading growth and proficiency levels.
People of CommonLit
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Funding Insights of CommonLit
CommonLit has successfully raised a total of $4M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $3.5 million completed in October 2018. 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 CommonLit
CommonLit has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Google, Teach For America and U.S. Department of Education.
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Investor details for CommonLit
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Investments & Acquisitions by CommonLit
Investment portfolio details for CommonLit
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Financial Statements - CommonLit
Detailed financials for CommonLit
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Commonlit Comparisons
Peer comparison for CommonLit
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Competitors of CommonLit
CommonLit 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 Reading Plus, Lexia Learning, StudySync, Headsprout and Spritz, among others.
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Reading skills are developed for K-12 students through online intervention.
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Personalized learning and assessment for reading skills are offered.
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Web-based curriculum for English literacy and skills development is provided.
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Online adaptive reading proficiency solutions are provided for students.
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App-based reading proficiency solutions for students are provided.
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Detailed competitors of CommonLit
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Latest news on Commonlit
Complete news archive for CommonLit
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Frequently Asked Questions about CommonLit
CommonLit was founded in 2014 and raised its 1st funding round 2 years after it was founded.
CommonLit is headquartered in Washington, United States. It is registered at Washington, District Of Columbia, United States.
CommonLit is a funded company, having raised a total of $4M across 3 funding rounds to date.
CommonLit was founded in 2014 as an education platform focused on literacy development. Instructional materials for students in grades 5-12 are curated by experienced teachers and designed for compatibility with various curricula. Users select themes and discussion questions, after which relevant texts are suggested for classroom discussions. Operations center on delivering accessible reading resources to support instructional needs in the education sector.
CommonLit's top competitors include Spritz, Reading Plus and Lexia Learning.
CommonLit offers ELA Curriculum, Professional Development, and Benchmark Assessments.
CommonLit has 6 investors. Key investors include Google, Teach For America, U.S. Department of Education, Epic Foundation, and AT&T.