About Giglets
Giglets is a company based in Kilmarnock (United Kingdom) founded in 2011 by Craig Johnstone and Karsten Karcher was acquired by ILT Education in March 2022.. The company has 10 employees as of January 31, 2021. Giglets offers products and services including Giglets Platform and Response Tasks. Giglets operates in a competitive market with competitors including Reading Plus, Lexia Learning, StudySync, Headsprout and CommonLit, among others.
- Headquarter Kilmarnock, United Kingdom
- Employees 10 as on 31 Jan, 2021
- Founders Craig Johnstone, Karsten Karcher
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Sectors
Education
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Phone
*********
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Website
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Social
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- Legal Name Giglets Limited
- Date of Incorporation 16 Mar, 2011
- Jurisdiction KILMARNOCK, EAST AYRSHIRE, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
10
as on Jan 31, 2021
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Acquired by
ILT Education
(Mar 18, 2022)
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Products & Services of Giglets
Giglets offers a comprehensive portfolio of products and services, including Giglets Platform and Response Tasks. 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.
Interactive tool for literacy tasks and reading resources in schools.
Ready-made activities to enhance comprehension and engagement.
Funding Insights of Giglets
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Giglets
Giglets has secured backing from 1 investor. Prominent investors backing the company include ILT Education. 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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Onlinle platform offering e-books for students
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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 Giglets
| 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 - Giglets
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Giglets Comparisons
Competitors of Giglets
Giglets 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 Reading Plus, Lexia Learning, StudySync, Headsprout and CommonLit, 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 |
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| domain | founded_year | HQ Location |
Reading skills are developed for K-12 students through online intervention.
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| domain | founded_year | HQ Location |
Personalized learning and assessment for reading skills are offered.
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| domain | founded_year | HQ Location |
Web-based curriculum for English literacy and skills development is provided.
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| domain | founded_year | HQ Location |
Online adaptive reading proficiency solutions are provided for students.
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| domain | founded_year | HQ Location |
Curated reading materials are provided for literacy in grades 5-12.
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| domain | founded_year | HQ Location |
App-based reading proficiency solutions for students are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Giglets
When was Giglets founded?
Giglets was founded in 2011.
Where is Giglets located?
Giglets is headquartered in Kilmarnock, United Kingdom. It is registered at Kilmarnock, East Ayrshire, United Kingdom.
Who is the current CEO of Giglets?
Craig Johnstone is the current CEO of Giglets. They have also founded this company.
How many employees does Giglets have?
As of Jan 31, 2021, the latest employee count at Giglets is 10.
What does Giglets do?
Giglets offers an online platform for literacy and reading instruction. Provides reading resources with animation, sound effect, and audio storytelling support. Resources are focused on reading, writing, and oracy. Clients include Coed Glas Primary School and Ysgol Gymraeg Bro Helyg.
Who are the top competitors of Giglets?
Giglets's top competitors include Spritz, Reading Plus and Lexia Learning.
What products or services does Giglets offer?
Giglets offers Giglets Platform and Response Tasks.
Who are Giglets's investors?
Giglets has 1 investor. Key investors include ILT Education.