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
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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 Silverback Learning Solutions Inc
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Products & Services of EdPower
EdPower offers a comprehensive portfolio of products and services, including EdAssess, EdFolio, EdHub, and EdInsights. 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.
Platform for streamlined K-12 assessment administration and management.
Tool for managing professional development and micro credentialing.
Hub for comprehensive 360-degree student data tracking.
Service providing powerful analytics for education insights.
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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 Total Funding
- Total Rounds 3
- Last Round Seed — $2.5M
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First Round
First Round
(19 Dec 2011)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2015 | Amount | Seed - EdPower | Valuation |
investors |
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| Feb, 2013 | Amount | Seed - EdPower | Valuation |
investors |
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| Dec, 2011 | Amount | Seed - EdPower | Valuation |
investors |
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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 EdPower
EdPower has secured backing from 1 investor. Prominent investors backing the company include Prometric. 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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Assessment development and delivery services are provided globally by Prometric.
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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 EdPower
| 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 - EdPower
| 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 |
Edpower Comparisons
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. 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 |
SaaS-based platform offering management solutions for schools
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| domain | founded_year | HQ Location |
Prospecting and student retention platform for educational institutions
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| domain | founded_year | HQ Location |
SaaS solutions for school websites and management 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 EdPower
When was EdPower founded?
EdPower was founded in 2011.
Where is EdPower located?
EdPower is headquartered in Meridian, United States. It is registered at Meridian, Idaho, United States.
Who is the current CEO of EdPower?
Joe Wallace is the current CEO of EdPower.
Is EdPower a funded company?
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 19, 2011.
What does EdPower do?
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.
Who are the top competitors of EdPower?
EdPower's top competitors include PowerSchool, GoGuardian and Anthology.
What products or services does EdPower offer?
EdPower offers EdAssess, EdFolio, EdHub, and EdInsights.
Who are EdPower's investors?
EdPower has 1 investor. Key investors include Prometric.