About OpenStudy
OpenStudy is a company based in Atlanta (United States) founded in 2008 was acquired by Brainly in June 2016.. OpenStudy has raised $1.27 million across 1 funding round from investors including Brainly, NIH and Learn Capital. OpenStudy operates in a competitive market with competitors including ClassDojo, Brainly, Linqapp, Kaggle and Fizz Social, among others.
- Headquarter Atlanta, United States
-
Sectors
Media & EntertainmentEducation
-
Phone
*********
-
Website
*********
-
Social
*********
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 OpenStudy
OpenStudy has successfully raised a total of $1.27M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.27 million completed in June 2008. 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 — $1.3M
-
First Round
First Round
(01 Jun 2008)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2008 | Amount | Seed - OpenStudy | Valuation | Learn Capital , NIH |
|
| 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 OpenStudy
OpenStudy has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Brainly, NIH and Learn 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 |
|---|---|---|---|---|
|
Early-stage startups are funded by sector-agnostic venture capital firm.
|
Founded Year | Domain | Location | |
|
Learn Capital is engaged in backing ventures that enhance human learning potential.
|
Founded Year | Domain | Location | |
|
Drug discovery services are provided to the biopharma sector.
|
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 OpenStudy
| 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 - OpenStudy
| 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 |
Openstudy Comparisons
Competitors of OpenStudy
OpenStudy 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 ClassDojo, Brainly, Linqapp, Kaggle and Fizz Social, 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 |
Real-time classroom behavior feedback is delivered to students by teachers.
|
|
| domain | founded_year | HQ Location |
Learning resources for school students are provided via question-answering platform.
|
|
| domain | founded_year | HQ Location |
Platform offering offers digital business cards solution
|
|
| domain | founded_year | HQ Location |
IT courses and data science competitions are hosted online.
|
|
| domain | founded_year | HQ Location |
Social networking platform for university students is provided.
|
|
| domain | founded_year | HQ Location |
Learning resources for students are offered via a community platform.
|
| 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 OpenStudy
When was OpenStudy founded?
OpenStudy was founded in 2008.
Where is OpenStudy located?
OpenStudy is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Is OpenStudy a funded company?
OpenStudy is a funded company, having raised a total of $1.27M across 1 funding round to date. The company's 1st funding round was a Seed of $1.27M, raised on Jun 01, 2008.
What does OpenStudy do?
OpenStudy was founded in 2008 in Atlanta, United States, within the education technology sector. A free platform is operated where students post questions, receive peer assistance, and form connections with others studying similar subjects. Certifications are awarded to highly engaged users who resolve doubts. Support is received from organizations including the National Science Foundation, National Institutes of Health, and Gates Foundation.
Who are the top competitors of OpenStudy?
Who are OpenStudy's investors?
OpenStudy has 5 investors. Key investors include Brainly, NIH, Learn Capital, Georgia Research Alliance, and National Science Foundation.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.