About Knewton
Knewton is a company based in New York (United States) founded in 2008 was acquired by Wiley Education Services in May 2019.. Knewton has raised $162.44 million across 8 funding rounds from investors including SVB, Pearson and Bessemer Venture Partners. Knewton operates in a competitive market with competitors including PowerSchool, Anthology, GoGuardian, Civitas Learning and LEAD School, among others.
- Headquarter New York, United States
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$162.44 M (USD)
in 8 rounds
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Latest Funding Round
$5.19 M (USD), Series F
Aug 21, 2018
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Investors
SVB
& 13 more
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Employee Count
Employee Count
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Acquired by
Wiley Education Services
(May 06, 2019)
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Software Development Team
182 people
Sales and Marketing
67 people
Leadership Team
62 people
Senior Team
31 people
Human Resources and Administration
27 people
Operations Team
20 people
Product Management Team
20 people
Finance and Accounting
14 people
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Funding Insights of Knewton
Knewton has successfully raised a total of $162.44M across 8 strategic funding rounds. The most recent funding activity was a Series F round of $5.19 million completed in August 2018. 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 8
- Last Round Series F — $5.2M
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First Round
First Round
(20 May 2008)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Debt – Venture - Knewton | Valuation |
investors |
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| Aug, 2018 | Amount | Series F - Knewton | Valuation |
investors |
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| Feb, 2016 | Amount | Series F - Knewton | Valuation | Atomico , Sofina |
| 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 Knewton
Knewton has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include SVB, Pearson and Bessemer Venture 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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Venture finance services, including debt and equity, are provided to capital-backed companies globally.
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Founded Year | Domain | Location | |
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Venture capital investments are provided by Sofina to emerging companies.
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Founded Year | Domain | Location | |
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Venture capital investments in technology and defense 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 Knewton
| 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 - Knewton
| 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 |
Knewton Comparisons
Competitors of Knewton
Knewton 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 PowerSchool, Anthology, GoGuardian, Civitas Learning and LEAD School, 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 |
Cloud-based software for K-12 education is provided.
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| domain | founded_year | HQ Location |
LMS and CRM solutions are provided for educational institutions.
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| domain | founded_year | HQ Location |
School devices and student activities are monitored via AI platform.
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| domain | founded_year | HQ Location |
Predictive analytics platform for personalised education advice
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| domain | founded_year | HQ Location |
Integrated edtech systems are provided for K-12 schools.
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| domain | founded_year | HQ Location |
SaaS-based platform offering management solutions for schools
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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 Knewton
Frequently Asked Questions about Knewton
When was Knewton founded?
Knewton was founded in 2008.
Where is Knewton located?
Knewton is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Knewton a funded company?
Knewton is a funded company, having raised a total of $162.44M across 8 funding rounds to date. The company's 1st funding round was a Series F of $52.25M, raised on May 20, 2008.
What does Knewton do?
Knewton is an adaptive learning technology provider for educational institutions. It provides a dashboard for instructors and students to update the learning process. It can analyze the understanding of students in a particular concept and forecast student preparation for an upcoming exam. It also allows teachers to view exactly the working of different pieces of content for different students. Businesses or instructors can build applications for providing proficiency estimation, activity recommendations, and analytics. Won several awards including Technology Pioneer (World Economic Forum in Davos) and 50 Most Innovative Companies. Works on a premium subscription model.
Who are the top competitors of Knewton?
Knewton's top competitors include PowerSchool, LEAD School and GoGuardian.
Who are Knewton's investors?
Knewton has 14 investors. Key investors include SVB, Pearson, Bessemer Venture Partners, Accel, and TAL Education Group.