About Hoonuit
Hoonuit is a company based in Saint Cloud (United States) founded in 2000 was acquired by PowerSchool in October 2020.. Hoonuit has completed 3 acquisitions, including DecisionInsite, Mizuni and Tembo Inc. Hoonuit operates in a competitive market with competitors including BloomBoard, Lumen Learning, Teachers of Tomorrow, AkadAsia and inquirED, among others.
- Headquarter Saint Cloud, 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
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
PowerSchool
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
DecisionInsite
& 2 more
- Acquired by
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Funding Insights of Hoonuit
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2019 | Amount | Debt – Conventional - Hoonuit | Valuation |
investors |
| 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 Hoonuit
Hoonuit has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include PowerSchool, Fidus Investment and Granite Partners. 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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PE firm investing in the US
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Founded Year | Domain | Location | |
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Granite Partners is engaged in private investment and holding operations.
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Founded Year | Domain | Location | |
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Cloud-based software for K-12 education is provided.
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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 Hoonuit
Hoonuit has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include DecisionInsite, Mizuni and Tembo Inc. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Web-based reporting tools for educational institutions are offered.
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2010 | ||||
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Student enrollment management solutions are provided for schools and districts.
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2004 | ||||
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Provider of support services for innovative education strategies and data management services
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2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Hoonuit
| 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 |
Hoonuit Comparisons
Competitors of Hoonuit
Hoonuit 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 BloomBoard, Lumen Learning, Teachers of Tomorrow, AkadAsia and inquirED, 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 |
Professional development content for educators is delivered via a marketplace.
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| domain | founded_year | HQ Location |
Teachers' professional development is facilitated through an online platform.
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| domain | founded_year | HQ Location |
Professional development for aspiring teachers is offered in key subjects.
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| domain | founded_year | HQ Location |
E-learning and community platform is provided for collaboration and courses.
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| domain | founded_year | HQ Location |
Provider of inquiry-based social studies curriculum and professional learning for engaging students and supporting teachers
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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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Latest news on Hoonuit
Frequently Asked Questions about Hoonuit
When was Hoonuit founded?
Hoonuit was founded in 2000 and raised its 1st funding round 19 years after it was founded.
Where is Hoonuit located?
Hoonuit is headquartered in Saint Cloud, United States. It is registered at Saint Cloud, Minnesota, United States.
Who is the current CEO of Hoonuit?
Paul Hesser is the current CEO of Hoonuit.
What does Hoonuit do?
Hoonuit was founded in 2000 and is headquartered in Saint Cloud, United States. An online professional learning platform is provided for educators in K-12 and higher education sectors. Personalized and collaborative learning environments are facilitated, alongside analytic solutions for schools and districts. Over 1,000 courses are available to more than 500,000 educators, with clients including Columbus City Schools, Chicago Public Schools, and Miami University.
Who are the top competitors of Hoonuit?
Hoonuit's top competitors include BloomBoard, Lumen Learning and AkadAsia.
How many acquisitions has Hoonuit made?
Hoonuit has made 3 acquisitions, including DecisionInsite, Mizuni, and Tembo Inc.
Who are Hoonuit's investors?
Hoonuit has 3 investors. Key investors include PowerSchool, Fidus Investment, and Granite Partners.