About Lit
Lit is a company based in Boston (United States) founded in 2020 by Chelsea Clater. Lit has raised $115 thousand across 1 funding round. The company has 10 employees as of December 31, 2022. Lit operates in a competitive market with competitors including EnglishEdge, The Karadi Path, Boxfish, Scientific Learning and Moomin Language School, among others.
- Headquarter Boston, United States
- Employees 10 as on 31 Dec, 2022
- Founders Chelsea Clater
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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
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$115 K (USD)
in 1 rounds
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Latest Funding Round
$115 K (USD), Seed
Mar 03, 2021
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Investors
Not available
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Employee Count
10
as on Dec 31, 2022
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People of Lit
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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.
Investments & Acquisitions by Lit
Investment portfolio details for Lit
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Financial Statements - Lit
Detailed financials for Lit
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Lit Comparisons
Peer comparison for Lit
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Competitors of Lit
Lit 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 EnglishEdge, The Karadi Path, Boxfish, Scientific Learning and Moomin Language School, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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English language skills are enhanced via digital learning platform.
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Language learning for primary school students and teachers
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English learning application on iPad
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| Locked | Locked | Locked |
SaaS platforms for English language learning are offered.
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| Locked | Locked | Locked |
App-based platform offering language learning games for kids
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Detailed competitors of Lit
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Latest news on Lit
Complete news archive for Lit
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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.
As of Dec 31, 2022, the latest employee count at Lit is 10.
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 Boxfish, EnglishEdge and The Karadi Path.