About OpenEd
OpenEd is a Technology company based in Los Gatos (United States) founded in 2012, and was acquired by ACT in May 2016. Educational resources library is maintained for core subjects across grades. It operates in the Technology and Education sectors. OpenEd has raised $2 million across 1 funding round from investors including ACT and Pivot North Capital. The company was acqui-hired. Its focus areas include Enterprise Applications, Enterprise Resource Planning, Schools and EdTech. Its competitors include PowerSchool, Brightwheel and GoGuardian; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Los Gatos, United States
- Stage Acquired
- SectorsTechnologyEducation
- Website opened.com
- Social LinkedIn X
- Acquired by ACT (May 2016)
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 $2M
- Total Rounds 1
- Last Round Seed — $2M
- First Round $2M
(Jul 2014)
- Investors Count 1
All 1 funding rounds of OpenEd with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2014 | $2M | Seed | – | – |
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Pivot North Capital is involved in capital investment activities. | pivotnorth.com | Menlo Park, United States | ||
College and career readiness solutions are provided by ACT. | 1959 | act.org | Iowa City, United States |
Investor details for OpenEd
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of OpenEd
3 dated milestones of OpenEd across 4 years, from founding to its latest funding, stage changes and deals.
- Founded OpenEd is founded.
- Funding First funding round of $2.0M.
- Exit Acquired by ACT.
Competitors of OpenEd
OpenEd has 3 listed competitors in our database, 3 of them funded. They include PowerSchool, Brightwheel and GoGuardian.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| powerschool.com | 1997 | Folsom, United States | $32M | 2,270 | Cloud-based software for K-12 education is provided. | |
| mybrightwheel.com | 2014 | San Francisco, United States | $88.8M | 404 | Online platform for preschool management and parent updates is offered. | |
| goguardian.com | 2014 | Los Angeles, United States | $200M | 237 | School devices and student activities are monitored via AI platform. |
Detailed competitors of OpenEd
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Enterprise Resource Planning
3 companies that operate in the same segment as OpenEd (Enterprise Resource Planning) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 21,000 | |
Cloud-based software for K-12 education is provided. | 1997 | Folsom, California, United States | USD 32 M | USD 47.59 M | 1,308 | |
Cloud-based ERP software is provided for automotive and manufacturing sectors. | 1972 | Austin, Texas, United States | USD 229.28 M | 834 |
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Frequently Asked Questions about OpenEd
OpenEd was founded in 2012 and raised its 1st funding round 2 years after it was founded.
OpenEd is headquartered in Los Gatos, United States. It is registered at Los Gatos, California, United States.
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 2014.
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.
OpenEd's top competitors include PowerSchool, Brightwheel and GoGuardian.
OpenEd has 2 investors. Key investors include ACT, and Pivot North Capital.
Yes. OpenEd was acquired by ACT in May 2016.