About Epic
Epic is a company based in Redwood City (United States) founded in 2013 by Kevin Donahue and Suren Markosian was acquired by BYJU'S in July 2021. It operates as a Subscription Services, and EduTech. Epic has raised $62.4 million across 6 funding rounds from investors including BYJU'S, WI Harper Group and Evolution Media. Epic offers products and services including Epic Digital Library. Epic operates in a competitive market with competitors including Learn With Homer, Novel Effect, Speakaboos, StoryToys and Moshi, among others.
- Headquarter Redwood City, United States
- Founders Kevin Donahue, Suren Markosian
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Sectors
ConsumerEducation
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Email
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Phone
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Website
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Social
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- Legal Name Epic! Creations, Inc.
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Products & Services of Epic
Epic offers a comprehensive portfolio of products and services, including Epic Digital Library. 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.
A subscription service for kids' digital books.
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Funding Insights of Epic
Epic has successfully raised a total of $62.4M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $15 million completed in June 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 6
- Last Round Series D — $15.0M
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First Round
First Round
(28 Jan 2014)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2020 | Amount | Series D - Epic | Valuation |
investors |
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| Mar, 2018 | Amount | Series D - Epic | Valuation | Evolution Media |
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| May, 2017 | Amount | Series C - Epic | 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 Epic
Epic has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include BYJU'S, WI Harper Group and Evolution Media. 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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US & Asia focused seed, early & expansion stage VC firm
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Founded Year | Domain | Location | |
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Early-stage venture capital firm investing in AI, healthcare, and tech sectors.
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Founded Year | Domain | Location | |
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VC firm that does investment in early stage companies in the US & China
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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 Epic
| 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 - Epic
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Epic Comparisons
Competitors of Epic
Epic 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 Learn With Homer, Novel Effect, Speakaboos, StoryToys and Moshi, 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 |
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| domain | founded_year | HQ Location |
Comprehensive literacy applications for kids
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| domain | founded_year | HQ Location |
Interactive app for adding music effects while reading stories
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| domain | founded_year | HQ Location |
Subscription-based interactive storybooks
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| domain | founded_year | HQ Location |
Educational apps and interactive books for children are developed.
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| domain | founded_year | HQ Location |
Online platform offering stories for kids
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| 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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Latest news on Epic
Frequently Asked Questions about Epic
When was Epic founded?
Epic was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Epic located?
Epic is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
Who is the current CEO of Epic?
Suren Markosian is the current CEO of Epic. They have also founded this company.
Is Epic a funded company?
Epic is a funded company, having raised a total of $62.4M across 6 funding rounds to date. The company's 1st funding round was a Series C of $8M, raised on Jan 28, 2014.
What does Epic do?
A comprehensive digital library for children is offered by Epic, featuring over 40,000 books, audiobooks, and learning videos. Access to high-quality content from publishers like HarperCollins and National Geographic is provided. The service targets families and educators, focusing on inspiring reading and discovery in the education sector through a subscription-based platform.
Who are the top competitors of Epic?
Epic's top competitors include Learn With Homer, StoryToys and Readmio.
What products or services does Epic offer?
Epic offers Epic Digital Library.
Who are Epic's investors?
Epic has 13 investors. Key investors include BYJU'S, WI Harper Group, Evolution Media, TransLink Capital, and Menlo Ventures.