About Nearpod
Nearpod is a company based in Hallandale Beach (United States) founded in 2012 was acquired by Renaissance in February 2021.. Nearpod has raised $50.62 million across 6 funding rounds from investors including Renaissance, Arsenal Growth Equity and Knight Foundation. Nearpod has completed 1 acquisition, including Flocabulary. Nearpod offers products and services including Nearpod Platform and Lesson Library. Nearpod operates in a competitive market with competitors including EvidenceB, GMAT Club, SmartLab, Voki and SCITAL, among others.
- Headquarter Hallandale Beach, 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
$50.62 M (USD)
in 6 rounds
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Latest Funding Round
$13.32 M (USD), Series B
Dec 08, 2020
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Investors
Renaissance
& 12 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Renaissance
(Feb 19, 2021)
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Products & Services of Nearpod
Nearpod offers a comprehensive portfolio of products and services, including Nearpod Platform and Lesson Library. 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.
Interactive tool for creating and delivering lessons to students.
Collection of standards-aligned lessons and activities for teaching.
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Software Development Team
3 people
Sales and Marketing
2 people
Ssr Team
1 people
Leadership Team
1 people
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Funding Insights of Nearpod
Nearpod has successfully raised a total of $50.62M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $13.32 million completed in December 2020. 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 6
- Last Round Series B — $13.3M
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First Round
First Round
(21 Mar 2013)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Series B - Nearpod | Valuation |
investors |
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| Mar, 2017 | Amount | Series B - Nearpod | Valuation | Insight Partners | |
| May, 2016 | Amount | Series A - Nearpod | Valuation | Reach Capital |
| 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 Nearpod
Nearpod has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Renaissance, Arsenal Growth Equity and Knight 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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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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A venture capital fund based in Miami is operated.
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Founded Year | Domain | Location | |
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Ed-tech startups are funded by GSV Ventures through venture capital.
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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 Nearpod
Nearpod has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Flocabulary. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Educational songs and videos for K-12 learning are delivered.
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2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Nearpod
| 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 |
Nearpod Comparisons
Competitors of Nearpod
Nearpod 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 EvidenceB, GMAT Club, SmartLab, Voki and SCITAL, 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 |
Creates AI tutoring tools for personalized learning in schools and training programs.
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| domain | founded_year | HQ Location |
Functions as a community platform for test preparation and learning support.
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| domain | founded_year | HQ Location |
Limited information is available on core activities.
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| domain | founded_year | HQ Location |
Delivers interactive learning solutions for educational classrooms.
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| domain | founded_year | HQ Location |
Social networking platform for students
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Nearpod
Frequently Asked Questions about Nearpod
When was Nearpod founded?
Nearpod was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Nearpod located?
Nearpod is headquartered in Hallandale Beach, United States. It is registered at Hallandale Beach, Florida, United States.
Is Nearpod a funded company?
Nearpod is a funded company, having raised a total of $50.62M across 6 funding rounds to date. The company's 1st funding round was a Series A of $9.2M, raised on Mar 21, 2013.
What does Nearpod do?
Nearpod was founded in 2012 in Hallandale Beach, United States, within the edtech sector focused on K-12 education. A platform is operated to enable educators to develop mobile-friendly presentations from existing content. Students are engaged through interactive elements such as polls, quizzes, and drawing tools, with real-time feedback and assessments provided during lessons. Operations support classroom participation across mobile devices in educational settings.
What products or services does Nearpod offer?
Nearpod offers Nearpod Platform and Lesson Library.
How many acquisitions has Nearpod made?
Nearpod has made 1 acquisition, including Flocabulary.
Who are Nearpod's investors?
Nearpod has 13 investors. Key investors include Renaissance, Arsenal Growth Equity, Knight Foundation, Insight Partners, and Krillion Ventures.