About Filo
Filo is a company based in Lewes (United States) founded in 2020 by Shadman Anwer, Imbesat Ahmad, and Rohit Kumar. It operates as a EduTech, and Subscription Services. Filo has raised $23.26 million across 2 funding rounds from investors including Saplings Capital, Anthos Capital and Better Capital. The company has 126 employees as of July 01, 2024. Filo offers products and services including Instant Tutoring, Private Courses, and High Impact Tutoring API. Filo operates in a competitive market with competitors including Vedantu, Ruangguru, GoStudent, Varsity Tutors and Doubtnut, among others.
- Headquarter Lewes, United States
- Employees 126 as on 01 Jul, 2024
- Founders Shadman Anwer, Imbesat Ahmad, Rohit Kumar
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Filo Edtech Inc.
- Date of Incorporation 03 Nov, 2020
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$772.99 K (USD)-75.64as on Mar 31, 2023
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Net Profit
$-6.43 M (USD)-78288.71as on Mar 31, 2023
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EBITDA
$-6.58 M (USD)-510311.48as on Mar 31, 2023
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Total Equity Funding
$23.26 M (USD)
in 2 rounds
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Latest Funding Round
$23 M (USD), Series A
Mar 03, 2022
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Investors
Saplings Capital
& 8 more
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Employee Count
126
as on Jul 01, 2024
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Products & Services of Filo
Filo offers a comprehensive portfolio of products and services, including Instant Tutoring, Private Courses, and High Impact Tutoring API. 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.
Instant tutoring is provided for immediate academic assistance.
Personalized courses are offered for tailored learning experiences.
API integration is enabled for high-impact tutoring solutions.
Funding Insights of Filo
Filo has successfully raised a total of $23.26M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $23 million completed in March 2022. 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 2
- Last Round Series A — $23.0M
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First Round
First Round
(11 Feb 2021)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series A - Filo | Valuation |
investors |
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| Feb, 2021 | Amount | Seed - Filo | Valuation | Better Capital |
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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 Filo
Filo has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Saplings Capital, Anthos Capital and Better 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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Investment in innovative consumer and technology companies based in Santa Monica.
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Founded Year | Domain | Location | |
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Early-stage companies are invested in by Better Capital.
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Founded Year | Domain | Location | |
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Ed-tech startups are funded by GSV Ventures through venture capital.
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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 Filo
| 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 - Filo
| 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 |
Filo Comparisons
Competitors of Filo
Filo 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 Vedantu, Ruangguru, GoStudent, Varsity Tutors and Doubtnut, 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 |
Live interactive K-12 tutoring platform is provided online.
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| domain | founded_year | HQ Location |
Self-learning solutions are delivered via an online education platform.
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| domain | founded_year | HQ Location |
Provider of online tutoring platform for K-12 students
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| domain | founded_year | HQ Location |
Live online tutoring and test prep platform is operated.
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| domain | founded_year | HQ Location |
Doubt clearing app for various subjects
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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 Filo
Frequently Asked Questions about Filo
When was Filo founded?
Filo was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Filo located?
Filo is headquartered in Lewes, United States. It is registered at Lewes, Delaware, United States.
Who is the current CEO of Filo?
Imbesat Ahmad is the current CEO of Filo. They have also founded this company.
Is Filo a funded company?
Filo is a funded company, having raised a total of $23.26M across 2 funding rounds to date. The company's 1st funding round was a Seed of $260K, raised on Feb 11, 2021.
How many employees does Filo have?
As of Jul 01, 2024, the latest employee count at Filo is 126.
What is the annual revenue of Filo?
Annual revenue of Filo is $772.99K as on Mar 31, 2023.
What does Filo do?
Filo is established as the worlds only instant tutoring platform, connecting students to tutors in 60 seconds, 247. Services are provided in various academic subjects including chemistry, physics, biology, and mathematics. Personalized private courses and high-impact tutoring APIs are offered to enhance learning experiences. The platform is powered by advanced AI to deliver cutting-edge academic visualizations and syllabus-synced solutions. Support is extended to over 5 million students across 60 countries, focusing on assignments, exams, and homework assistance.
Who are the top competitors of Filo?
Filo's top competitors include Vedantu, GoStudent and Varsity Tutors.
What products or services does Filo offer?
Filo offers Instant Tutoring, Private Courses, and High Impact Tutoring API.
Who are Filo's investors?
Filo has 9 investors. Key investors include Saplings Capital, Anthos Capital, Better Capital, GSV Ventures, and Gokul Rajaram.
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