About Numerade
Numerade is a company based in Los Angeles (United States) founded in 2017 by Alex Lee.. Numerade has raised $26 million across 1 funding round from investors including Synetro, IDG Capital and General Catalyst. Numerade operates in a competitive market with competitors including Amplify, Course Hero, EVERFI, Uchi.ru and ConveGenius, among others.
- Headquarter Los Angeles, United States
- Founders Alex Lee
- Stage Minicorn
-
Sectors
Education
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$26 M (USD)
in 1 rounds
-
Latest Funding Round
$26 M (USD), Series A
Jul 19, 2021
-
Investors
Synetro
& 14 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Funding Insights of Numerade
Numerade has successfully raised a total of $26M through 1 strategic funding round. The most recent funding activity was a Series A round of $26 million completed in July 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 Total Funding
- Total Rounds 1
- Last Round Series A — $26.0M
-
First Round
First Round
(19 Jul 2021)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series A - Numerade | Valuation | IDG Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Numerade
Numerade has secured backing from 15 investors, including venture fund and angel investors. Prominent investors backing the company include Synetro, IDG Capital and General Catalyst. 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 |
|---|---|---|---|---|
|
Early-stage US tech companies are invested in by Synetro Group.
|
Founded Year | Domain | Location | |
|
Venture capital firm
|
Founded Year | Domain | Location | |
|
Investment and transformation services for entrepreneurs in technology and finance sectors.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Numerade
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Numerade
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Numerade Comparisons
Competitors of Numerade
Numerade 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 Amplify, Course Hero, EVERFI, Uchi.ru and ConveGenius, 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 |
High-quality K-12 curriculum and assessments are provided by Amplify.
|
|
| domain | founded_year | HQ Location |
Online learning resources are delivered via a mobile platform.
|
|
| domain | founded_year | HQ Location |
Online courses for workplace, higher, and school education are offered.
|
|
| domain | founded_year | HQ Location |
Online courses and gamified tasks for school students are provided.
|
|
| domain | founded_year | HQ Location |
AI-powered platforms are developed for personalized educational learning and assessments.
|
|
| domain | founded_year | HQ Location |
School transformation solutions with content and technology are provided.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Numerade
Frequently Asked Questions about Numerade
When was Numerade founded?
Numerade was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is Numerade located?
Numerade is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Numerade a funded company?
Numerade is a funded company, having raised a total of $26M across 1 funding round to date. The company's 1st funding round was a Series A of $26M, raised on Jul 19, 2021.
What does Numerade do?
Numerade was founded in 2017 in Los Angeles, United States, as a provider of an online study assistance platform focused on science, technology, engineering, and mathematics. Educational resources such as instructional videos, question answers, textbooks, and additional materials are supplied to students. Operations include a mobile application available for iOS devices, supporting learning in the education technology sector.
Who are the top competitors of Numerade?
Numerade's top competitors include Amplify, ConveGenius and EVERFI.
Who are Numerade's investors?
Numerade has 15 investors. Key investors include Synetro, IDG Capital, General Catalyst, Mucker, and Kapor Capital.
What is Numerade's valuation?
The valuation of Numerade is $100M as of Jul 2021.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.