About Lit
Lit is an Education company based in Boston (United States) founded in 2020 by Chelsea Clater. SaaS-based platform providing an input-based language-acquisition tool for students and teachers. Lit has raised $115 thousand across 1 funding round. The company has 10 employees. Its focus areas include EdTech, K-12 EdTech, B2B2C Learning Solutions and Language Learning. Its competitors include Scientific Learning and InferCabulary; 2 of its 2 listed competitors have raised funding.
Company details
Lit was founded in 2020 and is based in Boston, United States, within the education technology sector. A SaaS platform is maintained to support input-based language acquisition. Stories and follow-up activities are supplied for exercises in listening, reading, writing, and speaking. Assignments are enabled for differentiation among students. Progress is tracked through an integrated grade book and management features.
- Headquarters Boston, United States
- Employees 10
- Founders Chelsea Clater
- SectorsEducation
- Email••••••••
- Website ww25.learnlit.online/?subid1=20250812-1316-4702-8863-43c83b1bfa7d
- Social LinkedIn X Facebook
- Total Equity Funding$115K (USD)
in 1 rounds
- Latest Funding Round$115K (USD), Seed
Mar 2021
- Employee Count10
Funding Insights of Lit
Lit has successfully raised a total of $115K through 1 strategic funding round. The most recent funding activity was a Seed round of $115 thousand completed in March 2021. 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 $115,000
- Total Rounds 1
- Last Round Seed — $115,000
- First Round $115,000
(Mar 2021)
All 1 funding rounds of Lit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2021 | $115,000 | Seed | – | – | – |
People of Lit
1 people are tracked at Lit (1 in leadership); the tracked headcount is 10.
| Name | Role | Group |
|---|---|---|
Chelsea Clater | Co-Founder | Leadership |
Complete people profiles for Lit
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Lit
2 dated milestones of Lit across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Lit is founded.
- Funding First funding round of $115K.
Competitors of Lit
Lit has 2 listed competitors in our database, 2 of them funded. They include Scientific Learning and InferCabulary.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| scilearn.com | 1995 | Oakland, United States | $7.2M | 69 | SaaS platforms for English language learning are offered. | |
| infercabulary.com | 2014 | Towson, United States | $250,000 | Web-based vocabulary tool for nuanced word learning is provided. |
Detailed competitors of Lit
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Education Technology Platforms
3 companies that operate in the same segment as Lit (Education Technology Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of a platform providing gamified language learning through interactive exercises | 2011 | Pittsburgh, Pennsylvania, United States | USD 183.3 M | USD 748.02 M | 900 | |
Cloud-based software for K-12 education is provided. | 1997 | Folsom, California, United States | USD 32 M | USD 47.59 M | 1,308 | |
Online platform for preschool management and parent updates is offered. | 2014 | San Francisco, California, United States | USD 88.8 M |
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Frequently Asked Questions about Lit
Lit was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Lit is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Lit is a funded company, having raised a total of $115K across 1 funding round to date. The company's 1st funding round was a Seed of $115K, raised on Mar 2021.
Lit has 10 employees.
Lit was founded in 2020 and is based in Boston, United States, within the education technology sector. A SaaS platform is maintained to support input-based language acquisition. Stories and follow-up activities are supplied for exercises in listening, reading, writing, and speaking. Assignments are enabled for differentiation among students. Progress is tracked through an integrated grade book and management features.
Lit's top competitors include Scientific Learning and InferCabulary.