Prodigy

Oakville, Canada Founded: 2011 • Age: 15 yrs
Adaptive learning games for math and English education are developed.
Annual revenue $1.7M Latest available
Total funding $125.0M 2 rounds
Employees 44 Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Prodigy

Prodigy is a company based in Oakville (Canada) founded in 2011. It operates as a Freemium, Subscription Services, and EduTech. Prodigy has raised $125 million across 2 funding rounds from investors including TPG and Canadian Business Growth Fund. The company has 44 employees as of March 31, 2024. Prodigy offers products and services including Prodigy Math and Prodigy English. Prodigy operates in a competitive market with competitors including Matific, Legends Of Learning, SplashLearn, Knowledge Platform and zyBooks, among others.

  • Headquarter Oakville, Canada
  • Employees 44 as on 31 Mar, 2024
  • Sectors
    Education
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Prodigy Education
  • Date of Incorporation 28 Jul, 2018
  • Jurisdiction Bengaluru, Karnataka, India
Operational Areas
Education → Education Technology (EdTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.65 M (USD)
    2.39
    as on Mar 31, 2023
  • Net Profit
    $7.08 K (USD)
    -95.72
    as on Mar 31, 2023
  • EBITDA
    $73.88 K (USD)
    -75.28
    as on Mar 31, 2023
  • Total Equity Funding
    $125 M (USD)

    in 2 rounds

  • Latest Funding Round
    $125 M (USD), Series B

    Jan 12, 2021

  • Investors
    TPG

    & 1 more

  • Employee Count
    44

    as on Mar 31, 2024

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Products & Services of Prodigy

Prodigy offers a comprehensive portfolio of products and services, including Prodigy Math and Prodigy English.

Product name locked
Category locked
Primary

Math skills are developed through engaging game-based learning.

Product name locked
Category locked
Locked

English skills are enhanced via interactive game-based activities.

People of Prodigy

Headcount 200-500
Employee Profiles 9
Employee Profiles
People
Rohan Mahimker
Co-CEO
People
Alex Peters
Co-CEO
People
Jeff Cassidy
Chief Financial Officer
People
Brandon Gee
Strategic Finance

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Funding Insights of Prodigy

Prodigy has successfully raised a total of $125M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $125 million completed in January 2021. 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.

Investors in Prodigy

Prodigy has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include TPG and Canadian Business Growth Fund.

All
Venture Fund
Investor Description Founded Year Domain Location
Fund of funds focused on pre-seed and seed-stage companies
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Growth capital investments are made by this private equity firm.
Locked Locked Locked
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Investor details for Prodigy

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Investments & Acquisitions by Prodigy

Investments
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Investment portfolio details for Prodigy

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Financial Statements - Prodigy

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Detailed financials for Prodigy

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Prodigy Comparisons

Prodigy Primary company
Description
Adaptive learning games for math and English education are d...
Location
Oakville, Canada
Founded Year
2011
Annual Revenue
$1.65 M (USD)
Net Profit
$7.08 K (USD)
EBITDA
$73.88 K (USD)
Employees
44
As of 2024
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Peer comparison for Prodigy

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Competitors of Prodigy

Prodigy 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 Matific, Legends Of Learning, SplashLearn, Knowledge Platform and zyBooks, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Gamified math platform for K-6 students is delivered.
Locked Locked Locked
Game-based educational games in sciences are provided for students.
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Game-based math and reading programs are provided for students.
Locked Locked Locked
Provider of e-learning and blended learning training programs
Locked Locked Locked
Interactive digital textbooks for college STEM education are offered.
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Detailed competitors of Prodigy

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Latest news on Prodigy

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Complete news archive for Prodigy

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Frequently Asked Questions about Prodigy

Prodigy was founded in 2011 and raised its 1st funding round 8 years after it was founded.

Prodigy is headquartered in Oakville, Canada. It is registered at Oakville, Ontario, Canada.

Prodigy is a funded company, having raised a total of $125M across 2 funding rounds to date.

As of Mar 31, 2024, the latest employee count at Prodigy is 44.

Annual revenue of Prodigy is $1.65M as on Mar 31, 2023.

Educational content aligned with curricula like Common Core is offered by Prodigy. Students are engaged through adaptive games in math and English. Tools for teachers and parents to track progress are included. Learning in both classroom and home environments is supported. The focus is placed on making education fun and accessible. Optional memberships for additional features are made available. Free access for educators is ensured through this model.

Prodigy's top competitors include Legends Of Learning, Knowledge Platform and Matific.

Prodigy offers Prodigy Math and Prodigy English.

Prodigy has 2 investors. Key investors include TPG, and Canadian Business Growth Fund.

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