About Ooka Island
Ooka Island is a company based in Charlottetown (Canada) founded in 2008 was acquired by Scholastic in April 2017.. Ooka Island operates in a competitive market with competitors including Reading Plus, Lexia Learning, Heggerty Phonemic Awareness, Spritz and StudySync, among others.
- Headquarter Charlottetown, Canada
-
Sectors
Education
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
- Investors
-
Employee Count
Employee Count
-
Acquired by
Scholastic
(Apr 12, 2017)
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
Funding Insights of Ooka Island
| 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 Ooka Island
Ooka Island has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Scholastic. 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 |
|---|---|---|---|---|
|
Consumer goods are wholesaled by Scholastic across various markets.
|
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 Ooka Island
| 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 - Ooka Island
| 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 |
Ooka Island Comparisons
Competitors of Ooka Island
Ooka Island 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, Lexia Learning, Heggerty Phonemic Awareness, Spritz and StudySync, 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.
|
|
| domain | founded_year | HQ Location |
Personalized learning and assessment for reading skills are offered.
|
|
| domain | founded_year | HQ Location |
After-school phonemic awareness programs are offered for pre-K students.
|
|
| domain | founded_year | HQ Location |
App-based reading proficiency solutions for students are provided.
|
|
| domain | founded_year | HQ Location |
Web-based curriculum for English literacy and skills development is provided.
|
|
| domain | founded_year | HQ Location |
Curated reading materials are provided for literacy in grades 5-12.
|
| 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.
|
Frequently Asked Questions about Ooka Island
When was Ooka Island founded?
Ooka Island was founded in 2008.
Where is Ooka Island located?
Ooka Island is headquartered in Charlottetown, Canada. It is registered at Charlottetown, Prince Edward Island, Canada.
What does Ooka Island do?
Ooka Island was established in 2008 in Charlottetown, Canada, within the educational technology sector. A game-based reading platform is provided for children, emphasizing five foundational reading skills. Learning occurs via 80 hours of interactive games and 85 eBooks integrated into a 24-level adventure structure. Access is available to individuals for 109 annually and to schools for institutional use, supporting both personal and classroom applications.
Who are the top competitors of Ooka Island?
Ooka Island's top competitors include Spritz, Reading Plus and Lexia Learning.
Who are Ooka Island's investors?
Ooka Island has 1 investor. Key investors include Scholastic.