About Lexia Learning
Lexia Learning is a company based in Concord (United States) founded in 1985 by Bob Lemire was acquired by Rosetta Stone in July 2013.. Lexia Learning has raised $2.18 million across 3 funding rounds from investors including Rosetta Stone and Gates Foundation. Lexia Learning offers products and services including Lexia Core5 Reading, Lexia PowerUp Literacy, and Lexia English Language Development. Lexia Learning operates in a competitive market with competitors including Reading Plus, Heggerty Phonemic Awareness, Spritz, StudySync and CommonLit, among others.
- Headquarter Concord, United States
- Founders Bob Lemire
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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
$2.18 M (USD)
in 3 rounds
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Latest Funding Round
$500 K (USD), Grant
Aug 13, 2013
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Investors
Rosetta Stone
& 1 more
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Employee Count
Employee Count
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Acquired by
Rosetta Stone
(Jul 25, 2013)
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Products & Services of Lexia Learning
Lexia Learning offers a comprehensive portfolio of products and services, including Lexia Core5 Reading, Lexia PowerUp Literacy, and Lexia English Language Development. 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.
Adaptive program for Pre-K-5 students to build reading skills.
Intervention tool for grades 6-12 to improve literacy proficiency.
Support for K-6 students in English language acquisition.
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Funding Insights of Lexia Learning
Lexia Learning has successfully raised a total of $2.18M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $500 thousand completed in August 2013. 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 Grant — $500,000
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First Round
First Round
(08 Sep 2003)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2013 | Amount | Grant - Lexia Learning | Valuation |
investors |
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| May, 2004 | Amount | Series A - Lexia Learning | Valuation |
investors |
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| Sep, 2003 | Amount | Unspecified - Lexia Learning | Valuation |
investors |
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| 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 Lexia Learning
Lexia Learning has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Rosetta Stone and Gates Foundation. 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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Charitable foundation investments on poverty reduction and healthcare
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Founded Year | Domain | Location | |
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Speech-recognition technology is utilized for language learning software solutions.
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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 Lexia Learning
| 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 - Lexia Learning
| 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 |
Lexia Learning Comparisons
Competitors of Lexia Learning
Lexia Learning 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, Heggerty Phonemic Awareness, Spritz, StudySync 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 |
|---|---|---|---|---|
| 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 |
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 |
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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 Lexia Learning
Frequently Asked Questions about Lexia Learning
When was Lexia Learning founded?
Lexia Learning was founded in 1985 and raised its 1st funding round 18 years after it was founded.
Where is Lexia Learning located?
Lexia Learning is headquartered in Concord, United States. It is registered at Concord, New Hampshire, United States.
Who is the current CEO of Lexia Learning?
Nick Gaehde is the current CEO of Lexia Learning.
Is Lexia Learning a funded company?
Lexia Learning is a funded company, having raised a total of $2.18M across 3 funding rounds to date. The company's 1st funding round was a Unspecified of $176.49K, raised on Sep 08, 2003.
What does Lexia Learning do?
Personalized learning and assessment for reading skills. It provides personalized learning on fundamental literacy skills and delivers norm-referenced performance data without interrupting the flow of instruction to administer a test. Provides a curriculum for grades pre-K to 5 and another program for struggling students in grades 6. Provides a computer-adaptive screener and diagnostic tool for grades K12 that identifies and monitors reading and language skills to provide actionable data for instructional planning.
Who are the top competitors of Lexia Learning?
Lexia Learning's top competitors include Spritz, Reading Plus and CommonLit.
What products or services does Lexia Learning offer?
Lexia Learning offers Lexia Core5 Reading, Lexia PowerUp Literacy, and Lexia English Language Development.
Who are Lexia Learning's investors?
Lexia Learning has 2 investors. Key investors include Rosetta Stone, and Gates Foundation.
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