About K16 Solutions
K16 Solutions is a company based in Scottsdale (United States) founded in 2015 by Jordan Scheid, Thomas Waite, and Mary Nisbet. It operates as a SaaS (Software-as-a-Service), Managed Services, and EduTech. K16 Solutions has raised $8.64 million across 4 funding rounds from investors including David Meek and Annette Catino. K16 Solutions offers products and services including Scaffold DataX, Scaffold Migration, and Scaffold Archiving. K16 Solutions operates in a competitive market with competitors including CourseKey, Profi, Training Orchestra, Leemons Edtech Solutions and CourseStorm, among others.
- Headquarter Scottsdale, United States
- Founders Jordan Scheid, Thomas Waite, Mary Nisbet
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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 K16 Solutions
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.64 M (USD)
in 4 rounds
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Latest Funding Round
$3.26 M (USD), Series A
Apr 17, 2023
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Investors
& 1 more
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Employee Count
Employee Count
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Products & Services of K16 Solutions
K16 Solutions offers a comprehensive portfolio of products and services, including Scaffold DataX, Scaffold Migration, and Scaffold Archiving. 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.
Automated data warehouse solution for educational institutions provided.
Seamless migration of content between LMS platforms offered.
Affordable archiving of student data with accessibility maintained.
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Funding Insights of K16 Solutions
K16 Solutions has successfully raised a total of $8.64M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $3.26 million completed in April 2023. 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 4
- Last Round Series A — $3.3M
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First Round
First Round
(21 Jun 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Series A - K16 Solutions | Valuation |
investors |
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| Mar, 2021 | Amount | Angel Round - K16 Solutions | Valuation | David Meek |
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| Jan, 2020 | Amount | Seed - K16 Solutions | Valuation |
investors |
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| 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 K16 Solutions
K16 Solutions has secured backing from 2 investors, including angel investors. Prominent investors backing the company include David Meek and Annette Catino. 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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DM
David Meek |
Angel investor and advisor, focused on Indian startups and technology ventures.
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Founded Year | Domain | Location |
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AC
Annette Catino |
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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 K16 Solutions
| 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 - K16 Solutions
| 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 |
K16 Solutions Comparisons
Competitors of K16 Solutions
K16 Solutions 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 CourseKey, Profi, Training Orchestra, Leemons Edtech Solutions and CourseStorm, 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 |
School management solutions including automation and assessments are offered.
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| domain | founded_year | HQ Location |
Management solutions for training institutes are offered via SaaS platform.
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| domain | founded_year | HQ Location |
Training courses are scheduled and managed through a cloud-based platform.
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| domain | founded_year | HQ Location |
Learning tools are supplied to educational centers and colleges.
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| domain | founded_year | HQ Location |
Cloud-based registration management software for online and offline courses
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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 K16 Solutions
Frequently Asked Questions about K16 Solutions
When was K16 Solutions founded?
K16 Solutions was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is K16 Solutions located?
K16 Solutions is headquartered in Scottsdale, United States. It is registered at Scottsdale, Arizona, United States.
Who is the current CEO of K16 Solutions?
Thomas Waite is the current CEO of K16 Solutions. They have also founded this company.
Is K16 Solutions a funded company?
K16 Solutions is a funded company, having raised a total of $8.64M across 4 funding rounds to date. The company's 1st funding round was a Seed of $3.88M, raised on Jun 21, 2019.
What does K16 Solutions do?
K16 Solutions is engaged in providing innovative data management solutions for educational institutions. The company specializes in unifying, moving, archiving, and analyzing edtech data through its Scaffold Platform. Services are offered to manage data from LMS, SIS, CRM, and ERP systems, ensuring clean, AI-ready data. The focus is placed on empowering institutions by centralizing and streamlining data processes across higher education sectors.
Who are the top competitors of K16 Solutions?
What products or services does K16 Solutions offer?
K16 Solutions offers Scaffold DataX, Scaffold Migration, and Scaffold Archiving.
Who are K16 Solutions's investors?
K16 Solutions has 2 investors. Key investors include David Meek, and Annette Catino.