About Funtoot
Funtoot is a company based in Bengaluru (India) founded in 2010 was acquired by Embibe in December 2019. Funtoot has raised $3.79 million across 3 funding rounds from investors including EMBIBE, Athera Venture Partners and Darashaw. The company has 41 employees as of April 02, 2024. Funtoot operates in a competitive market with competitors including Renaissance, MasteryConnect, TagHive, Xello and Learnosity, among others.
- Headquarter Bengaluru, India
- Employees 41 as on 02 Apr, 2024
- Stage Minicorn
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Sectors
Education
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Phone
Locked
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Website
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Social
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- Legal Name Edreams Edusoft Private Limited
- Date of Incorporation 14 Jul, 2010
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$593.63 K (USD)-40.98as on Mar 31, 2020
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Net Profit
-$438.31 K (USD)-755.6as on Mar 31, 2020
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EBITDA
-$162.5 K (USD)-157.64as on Mar 31, 2020
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Total Equity Funding
$3.79 M (USD)
in 3 rounds
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Latest Funding Round
$1.15 M (USD), Series A
Apr 28, 2015
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Investors
EMBIBE
& 32 more
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Employee Count
41
as on Apr 02, 2024
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Acquired by
Embibe
(Dec 17, 2019)
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Funding Insights of Funtoot
Funtoot has successfully raised a total of $3.79M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1.15 million completed in April 2015. 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.
Investors in Funtoot
Funtoot has secured backing from 33 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include EMBIBE, Athera Venture Partners and Darashaw.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage venture capital investments are provided by Athera.
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Private equity firm focused on multiple sectors
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Financial services, infrastructure advisory, and BPO operations are conducted by Darashaw.
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Investor details for Funtoot
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Investments & Acquisitions by Funtoot
Investment portfolio details for Funtoot
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Financial Statements - Funtoot
Detailed financials for Funtoot
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- Profit trends
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Funtoot Comparisons
Peer comparison for Funtoot
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Competitors of Funtoot
Funtoot 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 Renaissance, MasteryConnect, TagHive, Xello and Learnosity, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based K-12 assessments in reading, math, and writing are delivered.
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Assessment and data solutions are developed for K-12 education.
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AI-powered quiz application for educational engagement is provided.
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Provider of an online platform for developing technical and soft skills in students
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Assessment-assistance solutions are provided to educators via online tools.
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Plagiarism detection and assessment platforms are provided for educators.
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Detailed competitors of Funtoot
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Latest news on Funtoot
Complete news archive for Funtoot
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Frequently Asked Questions about Funtoot
Funtoot was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Funtoot is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Funtoot is a funded company, having raised a total of $3.79M across 3 funding rounds to date.
As of Apr 02, 2024, the latest employee count at Funtoot is 41.
Annual revenue of Funtoot is $593.63K as on Mar 31, 2020.
Funtoot is a personalized digital learning coach for curricular Math Science in the form of practice questions, solutions and remediations for Grades 2 to 9 students. Their flagship product Funtoot is a SaaS based personalised and adaptive teaching software that teaches students in an interactive way. Provides real-time assistance based on the childs needs, encouraging learning through self-correction. It also motivates and rewards successful progression keeping the child engaged on the path to higher learning. Claims to be using patent pending technology based on AI (Artificial Intelligence), Machine Learning and Natural Language Processing (NLP). Companys core team has a combined experience of 100 years in software product development, education and business innovation.
Funtoot's top competitors include Renaissance, Learnosity and MasteryConnect.
Funtoot has 33 investors. Key investors include EMBIBE, Athera Venture Partners, Darashaw, Aargus, and Dhananjaya Sudhanva.
The valuation of Funtoot is $6.85M as of Apr 2015.