About Destiny Solutions
Destiny Solutions is a company based in Toronto (Canada) founded in 1995 was acquired by Riverside in May 2018.. Destiny Solutions has raised $11 million across 2 funding rounds from investors including Saratoga Investment and The Riverside Company. Destiny Solutions operates in a competitive market with competitors including PowerSchool, Anthology, GoGuardian, LEAD School and Frontline Education, among others.
- Headquarter Toronto, Canada
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Sectors
TechnologyHealthcare 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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11 M (USD)
in 2 rounds
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Latest Funding Round
$11 M (USD), Private Equity Round
May 16, 2018
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Investors
Saratoga Investment
& 1 more
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Employee Count
Employee Count
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Acquired by
Riverside
(May 23, 2018)
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Funding Insights of Destiny Solutions
Destiny Solutions has successfully raised a total of $11M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $11 million completed in May 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Private Equity Round — $11.0M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Debt – Conventional - Destiny Solutions | Valuation |
investors |
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| May, 2018 | Amount | Private Equity Round - Destiny Solutions | Valuation | Saratoga Investment |
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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 Destiny Solutions
Destiny Solutions has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Saratoga Investment and The Riverside Company. 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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Private equity investment firm investing in the US
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Founded Year | Domain | Location | |
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Private equity and debt are provided to middle market 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 Destiny Solutions
| 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 - Destiny Solutions
| 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 |
Destiny Solutions Comparisons
Competitors of Destiny Solutions
Destiny Solutions 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 PowerSchool, Anthology, GoGuardian, LEAD School and Frontline Education, 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 |
Cloud-based software for K-12 education is provided.
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| domain | founded_year | HQ Location |
LMS and CRM solutions are provided for educational institutions.
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| domain | founded_year | HQ Location |
School devices and student activities are monitored via AI platform.
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| domain | founded_year | HQ Location |
Integrated edtech systems are provided for K-12 schools.
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| domain | founded_year | HQ Location |
SaaS-based platform offering management solutions for schools
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| domain | founded_year | HQ Location |
SaaS and app-based library management solutions are provided.
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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 Destiny Solutions
When was Destiny Solutions founded?
Destiny Solutions was founded in 1995 and raised its 1st funding round 23 years after it was founded.
Where is Destiny Solutions located?
Destiny Solutions is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Destiny Solutions?
Shaul Kuper is the current CEO of Destiny Solutions.
Is Destiny Solutions a funded company?
Destiny Solutions is a funded company, having raised a total of $11M across 2 funding rounds to date.
What does Destiny Solutions do?
Destiny Solutions was founded in 1995 in Toronto, Canada, focusing on software for higher education. Customer lifecycles for non-traditional students are managed through the flagship product Destiny One, which handles curriculum, enrollment, marketing, reporting, finance, and administration. Solutions are utilized by institutions such as Duke University, McGill University, Virginia Tech, and the University of Calgary.
Who are the top competitors of Destiny Solutions?
Destiny Solutions's top competitors include PowerSchool, LEAD School and GoGuardian.
Who are Destiny Solutions's investors?
Destiny Solutions has 2 investors. Key investors include Saratoga Investment, and The Riverside Company.