About CourseStorm
CourseStorm is a company based in Orono (United States) founded in 2011.. CourseStorm has raised $3.27 million across 6 funding rounds from investors including LearnLaunch, CEI and Maine Technology Institute. The company has 162 employees as of April 05, 2024. CourseStorm offers products and services including CourseStorm Software and Integration Services. CourseStorm operates in a competitive market with competitors including CourseKey, Profi, K16 Solutions, Training Orchestra and Leemons Edtech Solutions, among others.
- Headquarter Orono, United States
- Employees 162 as on 05 Apr, 2024
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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
*********
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$6.92 M (USD)10.24as on Mar 31, 2022
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Net Profit
$593.67 K (USD)-0.34as on Mar 31, 2022
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EBITDA
$1.12 M (USD)21as on Mar 31, 2022
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Total Equity Funding
$3.27 M (USD)
in 6 rounds
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Latest Funding Round
$1.89 M (USD), Series C
Aug 04, 2023
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Investors
LearnLaunch
& 3 more
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Employee Count
162
as on Apr 05, 2024
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Products & Services of CourseStorm
CourseStorm offers a comprehensive portfolio of products and services, including CourseStorm Software and Integration Services. 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.
Tool for handling class enrollments and management efficiently.
Features for connecting with websites and systems seamlessly.
Funding Insights of CourseStorm
CourseStorm has successfully raised a total of $3.27M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $1.89 million completed in August 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 Total Funding
- Total Rounds 6
- Last Round Series C — $1.9M
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First Round
First Round
(02 Jul 2015)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Series C - CourseStorm | Valuation |
investors |
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| Dec, 2018 | Amount | Series B - CourseStorm | Valuation | CEI , Maine Venture Fund |
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| Jan, 2017 | Amount | Seed - CourseStorm | Valuation | LearnLaunch |
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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 CourseStorm
CourseStorm has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include LearnLaunch, CEI and Maine Technology Institute. 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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Edtech startups are accelerated through specialized funding programs.
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Founded Year | Domain | Location | |
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Financing and business advising are provided to small businesses.
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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 CourseStorm
| 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 - CourseStorm
| 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 |
Coursestorm Comparisons
Competitors of CourseStorm
CourseStorm 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 CourseKey, Profi, K16 Solutions, Training Orchestra and Leemons Edtech Solutions, 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 management solutions including automation and assessments are offered.
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| domain | founded_year | HQ Location |
Management solutions for training institutes are offered via SaaS platform.
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| domain | founded_year | HQ Location |
Cloud-based learning management systems are provided for educational institutes.
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| domain | founded_year | HQ Location |
Training courses are scheduled and managed through a cloud-based platform.
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| domain | founded_year | HQ Location |
Learning tools are supplied to educational centers and colleges.
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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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| 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 CourseStorm
When was CourseStorm founded?
CourseStorm was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is CourseStorm located?
CourseStorm is headquartered in Orono, United States. It is registered at Orono, Maine, United States.
Is CourseStorm a funded company?
CourseStorm is a funded company, having raised a total of $3.27M across 6 funding rounds to date.
How many employees does CourseStorm have?
As of Apr 05, 2024, the latest employee count at CourseStorm is 162.
What is the annual revenue of CourseStorm?
Annual revenue of CourseStorm is $6.92M as on Mar 31, 2022.
What does CourseStorm do?
CourseStorm was founded in 2011 and is based in Orono, United States. Registration management software is delivered through a cloud platform to handle both online and offline courses. Key elements include payment processing, digital marketing tools, student enrollment tracking, and automated registration processes. The company operates within the education technology sector, aiding course organizers with administrative functions across various educational settings.
Who are the top competitors of CourseStorm?
CourseStorm's top competitors include CourseKey, K16 Solutions and Profi.
What products or services does CourseStorm offer?
CourseStorm offers CourseStorm Software and Integration Services.
Who are CourseStorm's investors?
CourseStorm has 4 investors. Key investors include LearnLaunch, CEI, Maine Technology Institute, and Maine Venture Fund.
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