About Practera
Practera is a company based in Sydney (Australia) founded in 2013.. Practera has raised $3.75 million across 1 funding round from investors including Main Sequence. The company has 53 employees as of December 31, 2022. Practera offers products and services including Practera Platform, Industry Programs, and Analytics Tools. Practera operates in a competitive market with competitors including Cerego, LearningMate, Area9 Lyceum, ODILO and Derivita, among others.
- Headquarter Sydney, Australia
- Employees 53 as on 31 Dec, 2022
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Intersection Technologies Inc.
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Annual Revenue
$00as on Jun 18, 2013
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Net Profit
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EBITDA
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Total Equity Funding
$3.75 M (USD)
in 1 rounds
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Latest Funding Round
$3.75 M (USD), Series A
Oct 30, 2017
- Investors
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Employee Count
53
as on Dec 31, 2022
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Products & Services of Practera
Practera offers a comprehensive portfolio of products and services, including Practera Platform, Industry Programs, and Analytics Tools. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for creating and managing experiential learning programs.
Connects students to real-world projects and mentors for skill building.
Provides insights into learning outcomes and team performance.
Unlock access to complete
Funding Insights of Practera
Practera has successfully raised a total of $3.75M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.75 million completed in October 2017. 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 — $3.8M
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First Round
First Round
(30 Oct 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2017 | Amount | Series A - Practera | Valuation | Main Sequence |
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| 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 |
Investors in Practera
Practera has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Main Sequence. 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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Venture capital investments are made in deep tech founders.
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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 Practera
| 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 - Practera
| 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 |
Practera Comparisons
Competitors of Practera
Practera 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 Cerego, LearningMate, Area9 Lyceum, ODILO and Derivita, 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 |
AI-based adaptive learning platforms are provided for education and training.
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| domain | founded_year | HQ Location |
Online LMS platform utilized for multi-industry skills training and engagement.
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| domain | founded_year | HQ Location |
Adaptive learning platform is offered for corporate training needs.
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| domain | founded_year | HQ Location |
Cloud-based LMS platform enables collaborative learning with diverse content formats.
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| domain | founded_year | HQ Location |
Provider of maths teaching solution for educational institutes
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| domain | founded_year | HQ Location |
Learning content management system
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Practera
Frequently Asked Questions about Practera
When was Practera founded?
Practera was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Where is Practera located?
Practera is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Is Practera a funded company?
Practera is a funded company, having raised a total of $3.75M across 1 funding round to date. The company's 1st funding round was a Series A of $3.75M, raised on Oct 30, 2017.
How many employees does Practera have?
As of Dec 31, 2022, the latest employee count at Practera is 53.
What does Practera do?
Practera was founded in 2013 in Sydney, Australia, within the education technology sector. An experiential learning platform is offered to support universities and corporates in designing and delivering work-related learning programs. Key features include authoring tools, learning analytics, and communication functionalities. Integration with curricula is facilitated for case studies and flipped classrooms. The platform is delivered on a subscription model scaled by user numbers.
Who are the top competitors of Practera?
What products or services does Practera offer?
Practera offers Practera Platform, Industry Programs, and Analytics Tools.
Who are Practera's investors?
Practera has 1 investor. Key investors include Main Sequence.