Easy Correct

Frederiksberg, Denmark Founded: 2010 • Age: 16 yrs Minicorn
Tool for teachers to provide feedback on assignments

About Easy Correct

Easy Correct is a company based in Frederiksberg (Denmark) founded in 2010 by Jacob Gadegaard. Easy Correct has raised $922.17 thousand across 3 funding rounds. The company has 3 employees. Easy Correct operates in a competitive market with competitors including Peergrade.io, Quick Key Mobile, Bakpax, The Graide Network and StudyBee, among others.

  • Headquarter Frederiksberg, Denmark
  • Employees 3
  • Founders Jacob Gadegaard
  • Stage Minicorn
  • Sectors
    Education
  • Website easycorrect.com
  • Social LinkedIn Facebook
  • Legal Name Easy Correct Aps
Key Metrics
  • Net Profit
    -$1.08 (USD)
    94
    as on Dec 31, 2021
  • EBITDA
    -$15.21 (USD)
    66
    as on Dec 31, 2021
  • Total Equity Funding
    $922.17K (USD)

    in 3 rounds

  • Latest Funding Round
    $685.56K (USD), Seed

    Jun 2019

  • Employee Count
    3

Funding Insights of Easy Correct

Easy Correct has successfully raised a total of $922.17K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $685.56 thousand completed in June 2019. 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 $922,167
  • Total Rounds 3
  • Last Round Seed β€” $685,561
  • First Round $111,190

    (Feb 2015)

All 3 funding rounds of Easy Correct with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2019$685,561Seed$2.18M–
–
Jul 2017$125,416Seed$440,074–
–
Feb 2015$111,190Seed$‒‒‒‒‒–
–
Valuation history
DateValuationStage
Jun 2019$2.18Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2.18M (Jun 2019).

People of Easy Correct

1 people are tracked at Easy Correct (1 in leadership); the tracked headcount is 3.

NameRoleGroup
Jacob Gadegaard
Co-FounderLeadership
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  • Team structure
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Timeline of Easy Correct

4 dated milestones of Easy Correct across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Easy Correct is founded.
  2. Funding First funding round of $111K.
  3. Funding Latest funding round, Seed, of $686K.
  4. Milestone Reaches Minicorn status.

Competitors of Easy Correct

Easy Correct 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 Peergrade.io, Quick Key Mobile, Bakpax, The Graide Network and StudyBee, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
peergrade.io2015Copenhagen, Denmark$1.92M7
Peer assignments are created and graded by students using rubrics.
quickkeyapp.com2012Boston, United States$300,000–
Mobile grading app for teachers
bakpax.com2017New York, United States$3.7M–
AI-driven assessments are created, uploaded, and graded for educators.
thegraidenetwork.com2015Chicago, United States$1.4M6
Platform connecting teachers with teaching assistants
studybee.se2015Malmo, Sweden$542,812–
Formative assessments and grading are integrated into Google Classroom.
gradecam.com2008Livermore, United States–24
Multiple-choice assignments are graded via cameras and integrated into gradebooks.
ans.app2014Delft, Netherlands––
Cloud-based assessments and automated grading are facilitated for digital exams.
learnboost.com2010San Francisco, United States$2.88M–
Free grading platform for teachers
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Detailed competitors of Easy Correct

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Easy Correct

Websites that share an audience with Easy Correct (easycorrect.com).

Similar websites

Websites whose visitors overlap most with Easy Correct. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
clioonline.dk
100%
––View details
skolekom.dk
skolekom.dk
100%
–––
sciencedaily.com
100%
4.4M#16,728View details
studieportalen.dk
studieportalen.dk
100%
–#609,491–
lectio.dk
lectio.dk
100%
–#8,607–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
Premium access

All 6 similar websites and full traffic analytics for Easy Correct

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 6 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Similar companies to Easy Correct

10 companies that operate in the same segment as Easy Correct (Education Technology Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of a platform providing gamified language learning through interactive exercises
2011Pittsburgh, Pennsylvania, United StatesUSD 183.3 MUSD 748.02 M830
Online educational resources and test preparation for exams are provided.
2016Noida, Uttar Pradesh, IndiaUSD 311.77 MUSD 415.66 M10,293
Cloud-based software for K-12 education is provided.
1997Folsom, California, United StatesUSD 32 MUSD 47.59 M1,308
AI-powered robots are provided as companions for children.
2015Mumbai, Maharashtra, IndiaUSD 106.21 M––
Online platform for preschool management and parent updates is offered.
2014San Francisco, California, United StatesUSD 88.8 M––
Real-time classroom behavior feedback is delivered to students by teachers.
2011San Francisco, California, United StatesUSD 221.22 M––
Integrated edtech systems are provided for K-12 schools.
2012Mumbai, Maharashtra, IndiaUSD 172.32 MUSD 43.22 M1,149
Cloud-based learning management systems are provided for educational courses.
1999Salt Lake City, Utah, United StatesUSD 88.85 M––
High-quality K-12 curriculum and assessments are provided by Amplify.
2000Brooklyn, New York, United StatesUSD 215 M––
One-to-one online English tutoring is provided by 51Talk.
2011Beijing, ChinaUSD 89 MUSD 95.85 M539
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Frequently Asked Questions about Easy Correct

Easy Correct was founded in 2010 and raised its 1st funding round 5 years after it was founded.

Easy Correct is headquartered in Frederiksberg, Denmark.

Easy Correct is a funded company, having raised a total of $922.17K across 3 funding rounds to date. The company's 1st funding round was a Seed of $111.19K, raised on Feb 2015.

Easy Correct has 3 employees.

Easy Correct was founded in 2010 in Frederiksberg, Denmark, within the education technology sector. A platform is offered to teachers for delivering feedback on written assignments through text, audio, or video methods. Support is provided for subjects including Danish, English, German, French, Social Studies, Chemistry, Biology, Marketing, and others. Adoption is noted in over 100 Danish schools by more than 1700 teachers.

Easy Correct's top competitors include Peergrade.io, StudyBee and Bakpax.

The valuation of Easy Correct is $2.18M as of Jun 2019.

Easy Correct operates through Easy Correct Aps.

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