About Practice XYZ
Practice XYZ is a Technology company based in Philadelphia (United States) founded in 2011, and was acquired by Instructure in November 2017. Professional development solution for educators. It operates in the Technology and Education sectors. Practice XYZ has raised $13.47 million across 11 funding rounds from investors including Instructure, Social Capital and Ben Franklin Technology Partners. Its focus areas include EdTech, K-12 EdTech, Tech for Teachers and Professional Development Solutions.
Company details
Practice was founded in 2011 in Philadelphia, United States, as a provider of professional development tools in the education sector. Skills are practiced by teachers through video submissions, which are assessed and feedbacked by peers using features such as rubrics, timestamped comments, and loops. Operations follow a subscription-based model, with support from the National Science Foundation.
- Headquarters Philadelphia, United States
- Stage Acquired
- SectorsTechnologyEducation
- Website info.apprennet.com
- Social LinkedIn X
- Acquired by Instructure (Nov 2017)
- Total Equity Funding$13.47M (USD)
in 11 rounds
- Latest Funding Round$945K (USD), Series A
Aug 2017
- InvestorsInstructure
& 12 more
- Acquired byInstructure
(Nov 2017)
Funding Insights of Practice XYZ
Practice XYZ has successfully raised a total of $13.47M across 11 strategic funding rounds. The most recent funding activity was a Series A round of $945 thousand completed in August 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 $13.47M
- Total Rounds 11
- Last Round Series A — $945,000
- First Round $180,000
(May 2011)
- Investors Count 12
Latest 10 of 11 funding rounds of Practice XYZ 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 |
|---|---|---|---|---|---|
| Aug 2017 | $945,000 | Series A | – | – | – |
| Sep 2016 | $6.65M | Series A | – | – | |
| Aug 2016 | Series A | – | Ben Franklin Technology Partners | – | |
| Jun 2016 | $4M | Series A | – | City Light Capital | |
| Jul 2015 | $1.8M | Seed | – | Martellus Holdings | |
| Jan 2014 | $179,999 | Grant | – | – | |
| Dec 2013 | $150,000 | Grant | – | – | |
| Aug 2012 | $703,517 | Grant | – | – | |
| Oct 2011 | $75,000 | Seed | – | – | – |
| Jul 2011 | $180,000 | Grant | – | – |
13 investors in total: 13 institutional.
Investors in Practice XYZ
Practice XYZ has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Instructure, Social Capital and Ben Franklin Technology Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US focused VC firm investing in seed & growth stage companies | 2011 | socialcapital.com | Menlo Park, United States | |
| 1776.vc | ||||
Venture capital firm investing in environmental, education & safety care sectors | citylight.vc | New York, United States | ||
Technology ecosystem growth is supported in Southeastern Pennsylvania. | sep.benfranklin.org | Philadelphia, United States | ||
| martellusholdings.com | ||||
Provider of capital for mission-driven businesses addressing human and planetary health | palmventures.com | Greenwich, United States | ||
Investment and support are provided for Pennsylvania's tech-based companies. | 1983 | benfranklin.org | State College, United States | |
Seed-stage venture capital is invested in US-based companies. | newground.vc | Palo Alto, United States | ||
Delivers education-focused accelerator programs for startups and innovators. | 2015 | jeauva.com | Charlottesville, United States | |
Live entertainment shows are produced and talent is represented. | 2013 | e-designstudio.com | Philadelphia, United States |
Investor details for Practice XYZ
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 Practice XYZ
4 dated milestones of Practice XYZ across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Practice XYZ is founded.
- Funding First funding round of $180K.
- Funding Latest funding round, Series A, of $945K.
- Exit Acquired by Instructure.
Top companies in HR & Workforce Technology
3 companies that operate in the same segment as Practice XYZ (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | 1,695 | ||
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M |
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Frequently Asked Questions about Practice XYZ
Practice XYZ was founded in 2011.
Practice XYZ is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Practice XYZ is a funded company, having raised a total of $13.47M across 11 funding rounds to date. The company's 1st funding round was a Grant of $180K, raised on May 2011.
Practice was founded in 2011 in Philadelphia, United States, as a provider of professional development tools in the education sector. Skills are practiced by teachers through video submissions, which are assessed and feedbacked by peers using features such as rubrics, timestamped comments, and loops. Operations follow a subscription-based model, with support from the National Science Foundation.
Practice XYZ has 13 investors. Key investors include Instructure, Social Capital, Ben Franklin Technology Partners, Apollo Education, and Education Design Studio.
Yes. Practice XYZ was acquired by Instructure in November 2017.