About Discovery Education
Discovery Education is a company based in Charlotte (United States) founded in 1998 was acquired by Clearlake Capital Group in March 2022.. Discovery Education has completed 10 acquisitions, including Academy 123, Doodle Learning and DreamBox. Discovery Education offers products and services including Science Techbook, DreamBox Math, DreamBox Reading, and Social Studies Techbook. Discovery Education operates in a competitive market with competitors including Amplify, LEAD School, EVERFI, Teaching Strategies and ConveGenius, among others.
- Headquarter Charlotte, 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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Francisco Partners
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Academy 123
& 9 more
- Acquired by
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Products & Services of Discovery Education
Discovery Education offers a comprehensive portfolio of products and services, including Science Techbook, DreamBox Math, DreamBox Reading, and Social Studies Techbook. 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.
Interactive curriculum for science exploration and critical thinking
Adaptive platform building math skills and fluency for students
Tools for differentiated reading instruction and proficiency
Resources for historical analysis and perspective building
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Software Development Team
43 people
Product Management Team
25 people
Leadership Team
20 people
Creative and Marketing Team
12 people
Senior Team
9 people
Finance and Accounting
9 people
Sales and Marketing
6 people
Human Resources and Administration
5 people
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Funding Insights of Discovery Education
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Discovery Education
Discovery Education has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Francisco Partners and Clearlake Capital Group. 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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Lower and mid-market investments are managed through private equity strategies.
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Private equity investment firm focused on technology sector
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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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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Discovery Education
Discovery Education has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Academy 123, Doodle Learning and DreamBox. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
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Blogs on coding topics are published and maintained online.
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2022 | ||||
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Inquiry-based science lessons for K-8 grades are delivered online.
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SaaS-based online learning solutions are provided for school students.
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OVO is recognized as a smart digital payment application.
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Discovery Education
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Discovery Education Comparisons
Competitors of Discovery Education
Discovery Education 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 Amplify, LEAD School, EVERFI, Teaching Strategies and ConveGenius, 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 |
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| domain | founded_year | HQ Location |
High-quality K-12 curriculum and assessments are provided by Amplify.
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Integrated edtech systems are provided for K-12 schools.
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Online courses for workplace, higher, and school education are offered.
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Early childhood education solutions
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| domain | founded_year | HQ Location |
AI-powered platforms are developed for personalized educational learning and assessments.
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| domain | founded_year | HQ Location |
Personalized instruction in core subjects is delivered via subscriptions.
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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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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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Latest news on Discovery Education
Frequently Asked Questions about Discovery Education
When was Discovery Education founded?
Discovery Education was founded in 1998.
Where is Discovery Education located?
Discovery Education is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
What does Discovery Education do?
Discovery Education was founded in 1998 and is based in Charlotte, United States. Digital textbooks, interactive videos, assignments, and classroom management tools are offered through its platform in the edtech sector. Subjects such as social science and STEM are covered, alongside resources for professional development. Operations emphasize support for classroom and remote learning environments across educational institutions.
Who are the top competitors of Discovery Education?
Discovery Education's top competitors include LEAD School, Amplify and ConveGenius.
What products or services does Discovery Education offer?
Discovery Education offers Science Techbook, DreamBox Math, DreamBox Reading, and Social Studies Techbook.
How many acquisitions has Discovery Education made?
Discovery Education has made 10 acquisitions, including Academy 123, Doodle Learning, and DreamBox.
Who are Discovery Education's investors?
Discovery Education has 2 investors. Key investors include Francisco Partners, and Clearlake Capital Group.