
About Edsoma
Edsoma is an Education company based in Weatherford (United States) founded in 2021 by Kyle Wallgren. It operates as an AI reading assistance is offered to students via mobile app. Edsoma has raised $2.5 million across 1 funding round from investors including Shaquille O’Neal. Its chief executive is Kyle Wallgren. Edsoma offers products and services including Edsoma AI Tutor. Its focus areas include EdTech, K-12 EdTech, B2C Learning Solutions and Reading Proficiency. Its legal entity is Edsoma, Inc. Its competitors include Yondemy, Ruckus Learning, VoxiKids, Maneno and PlaBook and 2 more; 7 of its 7 listed competitors have raised funding.
Company details
Edsoma was founded in 2021 and is based in Weatherford, United States. The company operates in the education technology sector, providing an AI-powered reading assistant designed for students. Engagement is maintained through data-driven tools, fostering reading development. The mobile application is available on both Android and iOS platforms, supporting educational activities across devices.
- Total Equity Funding$2.5M (USD)
in 1 rounds
- Latest Funding Round$2.5M (USD), Seed
Sep 2023
Products & Services of Edsoma
Edsoma offers a comprehensive portfolio of products and services, including Edsoma AI Tutor.
AI platform for real-time reading practice and feedback
Apps and channels of Edsoma
its YouTube channel Edsoma Children's AI Reading App has 54 subscribers and 30 videos.
Videos from Edsoma
The most watched videos on Edsoma's YouTube channel, Edsoma Children's AI Reading App (54 subscribers). Click a video to play it here.
More on Edsoma Children's AI Reading App.
Funding Insights of Edsoma
Edsoma has successfully raised a total of $2.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.5 million completed in September 2023. 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 $2.5M
- Total Rounds 1
- Last Round Seed — $2.5M
- First Round $2.5M
(Sep 2023)
- Investors Count 1
All 1 funding rounds of Edsoma with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2023 | $2.5M | Seed | – | – |
1 investors in total: 0 institutional and 1 angel.
Investors in Edsoma
Edsoma has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Shaquille O’Neal.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
SO Shaquille O’Neal | - | – | unknown_386abe425b9b4f538 | - |
Investor details for Edsoma
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People of Edsoma
5 people are tracked at Edsoma (3 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Kyle Wallgren | Founder & CEO | Leadership |
Michael Stark | CTO | Leadership |
Vaughn Sutherland | Chief Revenue Officer (cro) | Leadership |
Snehal Bondre | Product Manager | Team |
Jay Namdeo | QA Engineer | Team |
Complete people profiles for Edsoma
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Timeline of Edsoma
2 dated milestones of Edsoma across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Edsoma is founded.
- Funding First funding round of $2.5M.
Competitors of Edsoma
Edsoma has 7 listed competitors in our database, 7 of them funded. They include Yondemy, Ruckus Learning, VoxiKids, Maneno and PlaBook, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| yondemy.com | 2020 | Shibuya, Japan | $774,694 | – | AI-driven platform offering reading proficiency solutions for kids | |
| ruckuslearning.com | 2010 | Wilton, United States | $3.5M | – | Educational mobile content for children is created via brand partnerships. | |
| voxikids.com | 2020 | Bucharest, Romania | $246,837 | – | Speech therapy for children is delivered through a mobile application. | |
| maneno.dk | 2015 | Copenhagen, Denmark | $865,720 | 3 | Storybooks for children and classroom teaching | |
| plabookeducation.com | 2020 | Kansas, United States | $100,000 | – | AI-based educational solutions for children's reading instruction are provided. | |
| hootreading.com | 2018 | Winnipeg, Canada | $2.42M | 49 | Learning solutions for children are delivered via a SaaS platform. | |
| bugali.com | 2019 | Paris, France | $980,300 | – | Augmented reading experiences for children are provided as screen alternatives. |
Detailed competitors of Edsoma
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Top companies in Education Technology Platforms
10 companies that operate in the same segment as Edsoma (Education Technology Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of a platform providing gamified language learning through interactive exercises | 2011 | Pittsburgh, Pennsylvania, United States | USD 183.3 M | USD 748.02 M | 900 | |
Online educational resources and test preparation for exams are provided. | 2016 | Noida, Uttar Pradesh, India | USD 275 M | USD 415.66 M | 15,046 | |
Cloud-based software for K-12 education is provided. | 1997 | Folsom, California, United States | USD 32 M | USD 47.59 M | 1,308 | |
AI-powered robots are provided as companions for children. | 2015 | Mumbai, Maharashtra, India | USD 107.78 M | – | – | |
Online platform for preschool management and parent updates is offered. | 2014 | San Francisco, California, United States | USD 88.8 M | – | – | |
Real-time classroom behavior feedback is delivered to students by teachers. | 2011 | San Francisco, California, United States | USD 221.22 M | – | 521 | |
Integrated edtech systems are provided for K-12 schools. | 2012 | Mumbai, Maharashtra, India | USD 172.33 M | USD 43.22 M | 1,140 | |
Cloud-based learning management systems are provided for educational courses. | 1999 | Salt Lake City, Utah, United States | USD 88.85 M | – | – | |
High-quality K-12 curriculum and assessments are provided by Amplify. | 2000 | Brooklyn, New York, United States | USD 215 M | – | – | |
One-to-one online English tutoring is provided by 51Talk. | 2011 | Beijing, China | USD 89 M | USD 95.85 M | 539 |
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Related news about Edsoma
Complete news archive for Edsoma
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Frequently Asked Questions about Edsoma
Edsoma was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Edsoma is headquartered in Weatherford, United States. It is registered at Weatherford, Texas, United States.
Kyle Wallgren is the current CEO of Edsoma. They have also founded this company.
Edsoma is a funded company, having raised a total of $2.5M across 1 funding round to date. The company's 1st funding round was a Seed of $2.5M, raised on Sep 2023.
Edsoma was founded in 2021 and is based in Weatherford, United States. The company operates in the education technology sector, providing an AI-powered reading assistant designed for students. Engagement is maintained through data-driven tools, fostering reading development. The mobile application is available on both Android and iOS platforms, supporting educational activities across devices.
Edsoma's top competitors include Hoot Reading, Maneno and Bugali.
Edsoma offers Edsoma AI Tutor.
Edsoma has 1 investor. Key investors include Shaquille O’Neal.
Edsoma operates through Edsoma, Inc.
