About OpenEd
OpenEd is a company based in Los Gatos (United States) founded in 2012 was acquired by ACT in May 2016.. OpenEd has raised $2 million across 1 funding round from investors including ACT and Pivot North Capital. OpenEd operates in a competitive market with competitors including PowerSchool, Brightwheel, GoGuardian, Frontline Education and Finalsite, among others.
- Headquarter Los Gatos, United States
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Sectors
TechnologyEducation
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Phone
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Website
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Social
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Funding Insights of OpenEd
OpenEd has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in July 2014. 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 Seed — $2.0M
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First Round
First Round
(15 Jul 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2014 | Amount | Seed - OpenEd | Valuation |
investors |
| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in OpenEd
OpenEd has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include ACT and Pivot North Capital. 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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Pivot North Capital is involved in capital investment activities.
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Founded Year | Domain | Location | |
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College and career readiness solutions are provided by ACT.
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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 OpenEd
| 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 |
Financial Statements - OpenEd
| 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 |
Opened Comparisons
Competitors of OpenEd
OpenEd 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 PowerSchool, Brightwheel, GoGuardian, Frontline Education and Finalsite, 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 |
Cloud-based software for K-12 education is provided.
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| domain | founded_year | HQ Location |
Online platform for preschool management and parent updates is offered.
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| domain | founded_year | HQ Location |
School devices and student activities are monitored via AI platform.
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| domain | founded_year | HQ Location |
SaaS-based platform offering management solutions for schools
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| domain | founded_year | HQ Location |
SaaS solutions for school websites and management are provided.
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| domain | founded_year | HQ Location |
ERP software is developed for K-12 schools and institutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about OpenEd
When was OpenEd founded?
OpenEd was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is OpenEd located?
OpenEd is headquartered in Los Gatos, United States. It is registered at Los Gatos, California, United States.
Is OpenEd a funded company?
OpenEd is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Jul 15, 2014.
What does OpenEd do?
OpenEd was founded in 2012 in Los Gatos, United States, and operates in the education sector. An online library of videos, tutorials, texts, and related materials is offered for common core subjects and all grade levels. Student efficiency levels are assessed via quizzes upon login, after which personalized learning pathways and materials are recommended. An API is provided for third-party integrations. Usage by over 300,000 teachers worldwide is reported.
Who are the top competitors of OpenEd?
OpenEd's top competitors include PowerSchool, Brightwheel and GoGuardian.
Who are OpenEd's investors?
OpenEd has 2 investors. Key investors include ACT, and Pivot North Capital.
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