About Foradian
Foradian is a company based in Bengaluru (India) founded in 2009 by Abdul Salam. Foradian has raised $2.13 million across 2 funding rounds from investors including SELA, Vikas Vig and Srikanth Balasubramaniam. The company has 43 employees as of March 28, 2024. Foradian operates in a competitive market with competitors including PowerSchool, D2L, Anthology, Degreed and Docebo, among others.
- Headquarter Bengaluru, India
- Employees 43 as on 28 Mar, 2024
- Founders Abdul Salam
- Stage Minicorn
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Sectors
TechnologyEducation
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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 Foradian Technologies Private Limited
- Date of Incorporation 29 Jan, 2009
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$593.68 K (USD)-26.21as on Mar 31, 2022
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Net Profit
-$183.6 K (USD)-328.11as on Mar 31, 2022
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EBITDA
-$137.8 K (USD)-203.15as on Mar 31, 2022
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Total Equity Funding
$2.13 M (USD)
in 2 rounds
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Latest Funding Round
$2 M (USD), Seed
Apr 30, 2014
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Investors
SELA
& 10 more
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Employee Count
43
as on Mar 28, 2024
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Funding Insights of Foradian
Foradian has successfully raised a total of $2.13M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in April 2014. 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 Seed — $2.0M
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First Round
First Round
(28 Nov 2011)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2014 | Amount | Seed - Foradian | Valuation | William Nanda Bissell | |
| Nov, 2011 | Amount | Angel Round - Foradian | Valuation | Ashraf K M |
Investors in Foradian
Foradian has secured backing from 11 investors, including institutional and angel investors. Prominent investors backing the company include SELA, Vikas Vig and Srikanth Balasubramaniam.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Economic development is advanced by SELA through regional initiatives.
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Founded Year | Domain | Location | |
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VV
Vikas Vig |
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Founded Year | Domain | Location |
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SB
Srikanth Balasubramaniam |
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Founded Year | Domain | Location |
Investments & Acquisitions by Foradian
Financial Statements - Foradian
Foradian Comparisons
Competitors of Foradian
Foradian 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 PowerSchool, D2L, Anthology, Degreed and Docebo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based software for K-12 education is provided.
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| domain | founded_year | HQ Location |
Learning management systems are provided for multiple sectors.
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| domain | founded_year | HQ Location |
LMS and CRM solutions are provided for educational institutions.
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| domain | founded_year | HQ Location |
Cloud-based LMS platform tracks skills across industries.
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| domain | founded_year | HQ Location |
Cloud-based learning management system for corporate employee training is provided.
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| domain | founded_year | HQ Location |
School devices and student activities are monitored via AI platform.
|
Frequently Asked Questions about Foradian
Foradian was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Foradian is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Neelakantha Karinje is the current CEO of Foradian.
Foradian is a funded company, having raised a total of $2.13M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $132.16K, raised on Nov 28, 2011.
As of Mar 28, 2024, the latest employee count at Foradian is 43.
Annual revenue of Foradian is $593.68K as on Mar 31, 2022.
Offers a management system for schools and colleges. Provides Fedena and Uzity. Fedena allows clients to manage grade books, parent-teacher collaboration, attendance, fees, and more. Uzity offers a learning management system allowing users to create assessments courses that include videos, audios, images, text, presentations, and documents. Offered on a premium subscription. Clients include S.J.E.S Central School, Dr. T.Thimmaiah Institute of Technology, Silver Spring International School, etc. Awards won include UKTIs award, Star Entrepreneur Award, MIT TR35 award, etc.
Foradian's top competitors include PowerSchool, CoachHub and D2L.
Foradian has 11 investors. Key investors include SELA, Vikas Vig, Srikanth Balasubramaniam, William Nanda Bissell, and Ashraf K M.
The valuation of Foradian is $7.36M as of Apr 2014.