EdPower

Meridian, United States Founded: 2011 • Age: 15 yrs Acquired By Prometric
Cloud-based platform for education administration and assessment is provided.

About EdPower

EdPower is a company based in Meridian (United States) founded in 2011 was acquired by Prometric in July 2024. EdPower has raised $5.77 million across 3 funding rounds from investors including Prometric. EdPower offers products and services including EdAssess, EdFolio, EdHub, and EdInsights. EdPower operates in a competitive market with competitors including PowerSchool, Anthology, GoGuardian, Frontline Education and Education Dynamics, among others.

  • Headquarter Meridian, United States
  • Sectors
    Education
  • Website myedpower.com
  • Social LinkedIn X
  • Acquired by Prometric (Jul 2024)
  • Legal Name Silverback Learning Solutions Inc
Key Metrics
  • Total Equity Funding
    $5.77M (USD)

    in 3 rounds

  • Latest Funding Round
    $2.52M (USD), Seed

    Mar 2015

  • Investors
  • Acquired by
    Prometric

    (Jul 2024)

Products & Services of EdPower

EdPower offers a comprehensive portfolio of products and services, including EdAssess, EdFolio, EdHub, and EdInsights.

EdAssess
Assessment Platform

Platform for streamlined K-12 assessment administration and management.

EdFolio
Development Tool

Tool for managing professional development and micro credentialing.

EdHub
Data Management

Hub for comprehensive 360-degree student data tracking.

EdInsights
Analytics Service

Service providing powerful analytics for education insights.

Funding Insights of EdPower

EdPower has successfully raised a total of $5.77M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.52 million completed in March 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 $5.77M
  • Total Rounds 3
  • Last Round Seed β€” $2.52M
  • First Round $721,062

    (Dec 2011)

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2015$2.52MSeed––
–
Feb 2013$2.53MSeed––
–
Dec 2011$721,062Seed––
–
Valuation history

1 investors in total: 1 institutional.

Investors in EdPower

EdPower has secured backing from 1 investor. Prominent investors backing the company include Prometric.

All
InvestorDescriptionFounded YearDomainLocation
Assessment development and delivery services are provided globally by Prometric.
1990prometric.comBaltimore, United States
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Investor details for EdPower

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People of EdPower

2 people are tracked at EdPower (1 in leadership, 1 in team).

NameRoleGroup
Joe Wallace
CEOLeadership
Dan Bofenkamp
Partnership DevelopmentTeam
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Complete people profiles for EdPower

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Timeline of EdPower

4 dated milestones of EdPower across 13 years, from founding to its latest funding, stage changes and deals.

  1. Founded EdPower is founded.
  2. Funding First funding round of $721K.
  3. Funding Latest funding round, Seed, of $2.5M.
  4. Exit Acquired by Prometric.

Competitors of EdPower

EdPower 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, Frontline Education and Education Dynamics, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
powerschool.com1997Folsom, United States$32M2,270
Cloud-based software for K-12 education is provided.
anthology.com1996Boca Raton, United States$128.6M–
LMS and CRM solutions are provided for educational institutions.
goguardian.com2014Los Angeles, United States$200M237
School devices and student activities are monitored via AI platform.
frontlineeducation.com1998Malvern, United States–799
SaaS-based platform offering management solutions for schools
educationdynamics.com2005Hoboken, United States$110.5M–
Prospecting and student retention platform for educational institutions
finalsite.com1998Glastonbury, United States–127
SaaS solutions for school websites and management are provided.
2u.com2008Annapolis, United States$100.91M2,364
Learning platforms are provided for students from preschool to college.
nexteducation.in2007Hyderabad, India$73.16M695
End-to-end SaaS-based K-12 education solutions are provided.
prometric.com1990Baltimore, United States–1,345
Assessment development and delivery services are provided globally by Prometric.
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Detailed competitors of EdPower

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  • Operating metrics
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Verified entity values are shown only after access is granted.

Latest news on Edpower

Prometric Announces Acquisition of EdPower
Cioinfluence β€’ 2 years ago
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Complete news archive for EdPower

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  • Full article archive
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Similar companies to EdPower

10 companies that operate in the same segment as EdPower (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 107.78 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 EdPower

EdPower was founded in 2011.

EdPower is headquartered in Meridian, United States. It is registered at Meridian, Idaho, United States.

Joe Wallace is the current CEO of EdPower.

EdPower is a funded company, having raised a total of $5.77M across 3 funding rounds to date. The company's 1st funding round was a Seed of $721.06K, raised on Dec 2011.

EdPower was founded in 2011 and is headquartered in Meridian, United States. The company operates in the education technology sector, offering a cloud-based platform for attendance and assessment management. Resources and information are supplied to support students and educators in administrative tasks. Solutions are designed to streamline operations within educational institutions across various levels.

EdPower's top competitors include PowerSchool, GoGuardian and Anthology.

EdPower offers EdAssess, EdFolio, EdHub, and EdInsights.

EdPower has 1 investor. Key investors include Prometric.

EdPower operates through Silverback Learning Solutions Inc.

Yes. EdPower was acquired by Prometric in July 2024.

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