About Flat World Education
Flat World Education is a company based in Boston (United States) founded in 2007.. Flat World Education has raised $43.53 million across 9 funding rounds from investors including Bessemer Venture Partners, Penguin Random House and Valhalla Partners. The company has 38 employees as of December 31, 2022. Flat World Education offers products and services including Textbooks, Homework System, Instructor's Manual, Test Banks, and Customization Platform. Flat World Education operates in a competitive market with competitors including Beanstack, RedShelf, Ellucian, CourseKey and Coursedog, among others.
- Headquarter Boston, United States
- Employees 38 as on 31 Dec, 2022
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Sectors
TechnologyEducation
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Boston Academic Publishing
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$43.53 M (USD)
in 9 rounds
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Latest Funding Round
$1.5 M (USD), Series C
Jun 21, 2016
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Investors
Bessemer Venture Partners
& 6 more
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Employee Count
38
as on Dec 31, 2022
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Products & Services of Flat World Education
Flat World Education offers a comprehensive portfolio of products and services, including Textbooks, Homework System, Instructor's Manual, Test Banks, and Customization Platform. 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.
Affordable books in online, printed, and downloadable formats for students
Platform for assigning and auto-grading homework assignments
Guide with resources for professors to enhance teaching
Collection of questions for evaluating student knowledge
Tool for modifying textbook content to fit courses
Funding Insights of Flat World Education
Flat World Education has successfully raised a total of $43.53M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $1.5 million completed in June 2016. 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 9
- Last Round Series C — $1.5M
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First Round
First Round
(24 Mar 2009)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2016 | Amount | Series C - Flat World Education | Valuation |
investors |
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| Oct, 2015 | Amount | Series C - Flat World Education | Valuation |
investors |
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| Dec, 2014 | Amount | Series C - Flat World Education | 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 Flat World Education
Flat World Education has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Bessemer Venture Partners, Penguin Random House and Valhalla Partners. 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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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Tech-focused VC firm investing in geographies such as the US
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Founded Year | Domain | Location | |
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Venture capital investments are provided by BDMI to technology companies.
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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 Flat World Education
| 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 - Flat World Education
| 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 |
Flat World Education Comparisons
Competitors of Flat World Education
Flat World Education 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 Beanstack, RedShelf, Ellucian, CourseKey and Coursedog, 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 |
SaaS and app-based library management solutions are provided.
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| domain | founded_year | HQ Location |
Platform offering digital textbooks for students
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| domain | founded_year | HQ Location |
Cloud-based ERP software is delivered to universities for resource planning.
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| domain | founded_year | HQ Location |
School management solutions including automation and assessments are offered.
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| domain | founded_year | HQ Location |
Cloud-based ERP solutions are offered for educational institutes.
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| domain | founded_year | HQ Location |
Cloud-based ERP solutions are offered for educational institutions.
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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 Flat World Education
Frequently Asked Questions about Flat World Education
When was Flat World Education founded?
Flat World Education was founded in 2007 and raised its 1st funding round 2 years after it was founded.
Where is Flat World Education located?
Flat World Education is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is Flat World Education a funded company?
Flat World Education is a funded company, having raised a total of $43.53M across 9 funding rounds to date. The company's 1st funding round was a Series C of $5M, raised on Mar 24, 2009.
How many employees does Flat World Education have?
As of Dec 31, 2022, the latest employee count at Flat World Education is 38.
What does Flat World Education do?
Founded in 2007 in Boston, United States, Flat World Education operates in the education technology sector. A mobile SaaS learning platform is provided to universities, featuring digital courses, competencies, and customizable digital degrees. Digital textbooks, adaptive courses, and unified competency-based programs are offered, with content editable by professors for personalized student materials. Courseware is adapted for mobile devices, peer-reviewed, and supported by usage analytics in an interactive environment.
Who are the top competitors of Flat World Education?
What products or services does Flat World Education offer?
Flat World Education offers Textbooks, Homework System, Instructor's Manual, Test Banks, and Customization Platform.
Who are Flat World Education's investors?
Flat World Education has 7 investors. Key investors include Bessemer Venture Partners, Penguin Random House, Valhalla Partners, BDMI, and Tribeca Venture Partners.