About Edify
Edify is a company based in Denver (United States) founded in 2014.. Edify has raised $550 thousand across 1 funding round from investors including Foundry. The company has 44 employees as of December 31, 2022. Edify offers products and services including MusiQuest and AI-based Learning Programs.
- Headquarter Denver, United States
- Employees 44 as on 31 Dec, 2022
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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 Edify Technologies, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$550 K (USD)
in 1 rounds
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Latest Funding Round
$550 K (USD), Seed
Dec 01, 2015
- Investors
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Employee Count
44
as on Dec 31, 2022
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Products & Services of Edify
Edify offers a comprehensive portfolio of products and services, including MusiQuest and AI-based Learning Programs. 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.
MusiQuest is developed as a world-class music education program that provides personalized learning experiences using modern technology.
These programs are created to offer individualized learning that goes beyond traditional education methods by leveraging artificial intelligence.
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Funding Insights of Edify
Edify has successfully raised a total of $550K through 1 strategic funding round. The most recent funding activity was a Seed round of $550 thousand completed in December 2015. 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 1
- Last Round Seed — $550,000
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First Round
First Round
(01 Dec 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2015 | Amount | Seed - Edify | Valuation |
investors |
| 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 Edify
Edify has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Foundry. 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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Venture capital is invested in early-stage tech startups.
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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 Edify
| 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 - Edify
| 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 |
Edify Comparisons
Competitors of Edify
| 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 Edify
When was Edify founded?
Edify was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Edify located?
Edify is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
Is Edify a funded company?
Edify is a funded company, having raised a total of $550K across 1 funding round to date. The company's 1st funding round was a Seed of $550K, raised on Dec 01, 2015.
How many employees does Edify have?
As of Dec 31, 2022, the latest employee count at Edify is 44.
What does Edify do?
Edify has published music learning apps for students and teachers. Its flagship product MusiQuest uses character-driven quests to introduce kids to a range of musical concepts. Teaches concepts like music notation and rhythm. Kids can also apply the lessons they learn in quests by creating their own songs. Another app Opus is a dedicated tool for music teachers to assign, assess and share students creative work. Has also published Sketch-a-Song, a music composing app. Sketch-a-Song has 250K downloads. App available on iOS.
What products or services does Edify offer?
Edify offers MusiQuest and AI-based Learning Programs.
Who are Edify's investors?
Edify has 1 investor. Key investors include Foundry.
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