GetSmarter

Cape Town, South Africa Founded: 2008 • Age: 18 yrs Acquired By 2U
Short-term online courses are offered in university partnerships.

About GetSmarter

GetSmarter is a company based in Cape Town (South Africa) founded in 2008 by Sam Paddock was acquired by 2U in July 2017.. GetSmarter has raised $5 million across 1 funding round from investors including 2U and DiGAME. GetSmarter offers products and services including Short Courses and Cohort Learning Programs. GetSmarter operates in a competitive market with competitors including upGrad, Coursera, Degreed, Udemy and MasterClass, among others.

  • Headquarter Cape Town, South Africa
  • Founders Sam Paddock
  • Sectors
    Education
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Education → Higher & Professional Education
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $5 M (USD), Series A

    Jun 01, 2016

  • Investors
    2U

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    2U

    (Jul 01, 2017)

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Products & Services of GetSmarter

GetSmarter offers a comprehensive portfolio of products and services, including Short Courses and Cohort Learning Programs. 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.

Primary

Platform for certified courses in AI and leadership for skill development.

Interactive online sessions for business and sustainability topics.

Funding Insights of GetSmarter

GetSmarter has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $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 Rounds 1
  • Last Round Series A — $5.0M
  • First Round

    (01 Jun 2016)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2016 Amount Series A - GetSmarter Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in GetSmarter

GetSmarter has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include 2U and DiGAME. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Learning platforms are provided for students from preschool to college.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by GetSmarter

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - GetSmarter

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Getsmarter Comparisons

Employees
+
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Competitors of GetSmarter

GetSmarter 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 upGrad, Coursera, Degreed, Udemy and MasterClass, 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
Professional certification training courses are provided via an online platform.
domain founded_year HQ Location
An online platform for multi-course education is operated.
domain founded_year HQ Location
Cloud-based LMS platform tracks skills across industries.
domain founded_year HQ Location
Online courses in diverse subjects are provided via a marketplace.
domain founded_year HQ Location
Online courses in creative fields are delivered by celebrity experts.
domain founded_year HQ Location
Online courses in web and app development
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Getsmarter

Frequently Asked Questions about GetSmarter

When was GetSmarter founded?

GetSmarter was founded in 2008 and raised its 1st funding round 8 years after it was founded.

Where is GetSmarter located?

GetSmarter is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.

Who is the current CEO of GetSmarter?

Sam Paddock is the current CEO of GetSmarter. They have also founded this company.

Is GetSmarter a funded company?

GetSmarter is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on Jun 01, 2016.

What does GetSmarter do?

GetSmarter was founded in 2008 and is headquartered in Cape Town, South Africa. Online short courses are provided through partnerships with universities including the University of Cape Town, University of Cambridge, and University of Witwatersrand. These courses target working professionals in fields such as business, finance, law, education, and project management. Corporate training options are also available to business clients.

Who are the top competitors of GetSmarter?

GetSmarter's top competitors include upGrad, Coursera and MasterClass.

What products or services does GetSmarter offer?

GetSmarter offers Short Courses and Cohort Learning Programs.

Who are GetSmarter's investors?

GetSmarter has 2 investors. Key investors include 2U, and DiGAME.

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