About Headsprout
Headsprout is a company based in Seattle (United States) founded in 1999 was acquired by Newell Brands in March 2011.. Headsprout has raised $10.36 million across 3 funding rounds from investors including Newell Brands, Sofinnova and Roser Ventures. Headsprout operates in a competitive market with competitors including Reading Plus, Lexia Learning, Heggerty Phonemic Awareness, Spritz and StudySync, among others.
- Headquarter Seattle, United States
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Headsprout Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.36 M (USD)
in 3 rounds
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Latest Funding Round
$256.75 K (USD), Series D
Mar 11, 2010
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Investors
Newell Brands
& 3 more
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Employee Count
Employee Count
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Acquired by
Newell Brands
(Mar 15, 2011)
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Funding Insights of Headsprout
Headsprout has successfully raised a total of $10.36M across 3 strategic funding rounds. The most recent funding activity was a Series D round of $256.75 thousand completed in March 2010. 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 3
- Last Round Series D — $256,751
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First Round
First Round
(25 Sep 2001)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2010 | Amount | Series D - Headsprout | Valuation |
investors |
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| Mar, 2007 | Amount | Series D - Headsprout | Valuation |
investors |
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| Sep, 2001 | Amount | Unspecified - Headsprout | Valuation |
investors |
| 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 Headsprout
Headsprout has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Newell Brands, Sofinnova and Roser Ventures. 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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Biotech funding, drug development support, and investment in life sciences.
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Founded Year | Domain | Location | |
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Roser Ventures is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Venture capital firm investing in educational & tech sectors
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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 Headsprout
| 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 - Headsprout
| 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 |
Headsprout Comparisons
Competitors of Headsprout
Headsprout 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, Heggerty Phonemic Awareness, Spritz and StudySync, 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 |
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 |
After-school phonemic awareness programs are offered for pre-K students.
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| domain | founded_year | HQ Location |
App-based reading proficiency solutions for students are provided.
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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 |
Curated reading materials are provided for literacy in grades 5-12.
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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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Frequently Asked Questions about Headsprout
When was Headsprout founded?
Headsprout was founded in 1999 and raised its 1st funding round 2 years after it was founded.
Where is Headsprout located?
Headsprout is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Who is the current CEO of Headsprout?
Dave Anderson is the current CEO of Headsprout.
Is Headsprout a funded company?
Headsprout is a funded company, having raised a total of $10.36M across 3 funding rounds to date. The company's 1st funding round was a Unspecified of $2.1M, raised on Sep 25, 2001.
What does Headsprout do?
Founded in 1999 and based in Seattle, United States, Headsprout operates in the education technology sector. Adaptive online tools are offered to support vocabulary development, fluency improvement, and error correction for students. Interactions occur through digital episodes and printable eBooks, fostering basic reading skills. Advanced features address comprehension, including fact identification, inference drawing, theme recognition, and contextual vocabulary learning for parents and teachers.
Who are the top competitors of Headsprout?
Headsprout's top competitors include Spritz, Reading Plus and Lexia Learning.
Who are Headsprout's investors?
Headsprout has 4 investors. Key investors include Newell Brands, Sofinnova, Roser Ventures, and Kaplan Ventures.
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