About Ellevation
Ellevation is a company based in Boston (United States) founded in 2011 was acquired by Curriculum Associates in July 2021.. Ellevation has raised $50.06 million across 7 funding rounds from investors including The Chan Zuckerberg Initiative, Curriculum Associates and North Atlantic Capital. The company has 127 employees as of December 31, 2022. Ellevation offers products and services including Ellevation Platform and Ellevation Strategies. Ellevation operates in a competitive market with competitors including Sanako, Transparent Language, Lingco Language Labs, Flexge and Roshi, among others.
- Headquarter Boston, United States
- Employees 127 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
*********
- Legal Name Ellevation, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$50.06 M (USD)
in 7 rounds
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Latest Funding Round
$15.2 M (USD), Series B
Apr 07, 2020
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Investors
The Chan Zuckerberg Initiative
& 26 more
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Employee Count
127
as on Dec 31, 2022
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Acquired by
Curriculum Associates
(Jul 30, 2021)
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Products & Services of Ellevation
Ellevation offers a comprehensive portfolio of products and services, including Ellevation Platform and Ellevation Strategies. 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.
Software for integrating data and tasks to support English learners
On-demand modules for EL educator training and strategies
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Software Development Team
24 people
Partner Team
15 people
Product Management Team
13 people
Sales and Marketing
11 people
Senior Team
10 people
Advisor Team
6 people
Data Analysis and Operations Team
6 people
Account Team
5 people
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Funding Insights of Ellevation
Ellevation has successfully raised a total of $50.06M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $15.2 million completed in April 2020. 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 7
- Last Round Series B — $15.2M
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First Round
First Round
(02 Feb 2013)
- Investors Count 26
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2020 | Amount | Series B - Ellevation | Valuation |
investors |
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| Jun, 2019 | Amount | Series B - Ellevation | Valuation | North Atlantic Capital |
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| Jan, 2018 | Amount | Series B - Ellevation | Valuation | Reach Capital |
| 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 Ellevation
Ellevation has secured backing from 27 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include The Chan Zuckerberg Initiative, Curriculum Associates and North Atlantic Capital. 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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Tech-focused Venture debt firm providing debt finacing in the US and Europe
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Founded Year | Domain | Location | |
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Investing in technology, digital culture, governance, and business initiatives.
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Founded Year | Domain | Location | |
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US focused early stage venture capital firm
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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 Ellevation
| 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 - Ellevation
| 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 |
Ellevation Comparisons
Competitors of Ellevation
Ellevation 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 Sanako, Transparent Language, Lingco Language Labs, Flexge and Roshi, 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 |
Digital language learning solutions are provided via software and hardware.
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| domain | founded_year | HQ Location |
App-based solutions for learning multiple languages are provided.
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| domain | founded_year | HQ Location |
Adaptive language learning platform for schools
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| domain | founded_year | HQ Location |
Provides an online platform with solutions for English instructors.
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| domain | founded_year | HQ Location |
Custom lessons are created for teachers using AI technology.
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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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Latest news on Ellevation
Frequently Asked Questions about Ellevation
When was Ellevation founded?
Ellevation was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is Ellevation located?
Ellevation is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is Ellevation a funded company?
Ellevation is a funded company, having raised a total of $50.06M across 7 funding rounds to date. The company's 1st funding round was a Series B of $13.91M, raised on Feb 02, 2013.
How many employees does Ellevation have?
As of Dec 31, 2022, the latest employee count at Ellevation is 127.
What does Ellevation do?
Ellevation was founded in 2011 in Boston, United States, within the education technology sector. A SaaS platform is operated to support English language teachers by enabling reviews of student proficiency levels, assignment of study plans, research and suggestion of schools, and collaboration among educators and stakeholders to advance student learning outcomes. Operations focus on tools for personalized educational guidance.
Who are the top competitors of Ellevation?
Ellevation's top competitors include Sanako, Transparent Language and ESL Brains.
What products or services does Ellevation offer?
Ellevation offers Ellevation Platform and Ellevation Strategies.
Who are Ellevation's investors?
Ellevation has 27 investors. Key investors include The Chan Zuckerberg Initiative, Curriculum Associates, North Atlantic Capital, Omidyar Network, and Emerson Collective.
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