About Promethean World
Promethean World is a company based in Alpharetta (United States) founded in 1977 was acquired by NetDragon Websoft Holdings in June 2015.. The company has 6 employees as of December 31, 2021. Promethean World has completed 3 acquisitions, including Explain Everything, Light Blue Optics and SynapticMash. Promethean World operates in a competitive market with competitors including Smart Technologies, Schoolnet India, Swivl, Educomp and mcSquares, among others.
- Headquarter Alpharetta, United States
- Employees 6 as on 31 Dec, 2021
- Stage Public
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Sectors
Education
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$221.51 M (USD)-13as on Dec 31, 2022
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Net Profit
$10.56 M (USD)-58as on Dec 31, 2022
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EBITDA
$6.32 M (USD)-41as on Dec 31, 2022
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Latest Funding Round
$1.1 M (USD), Grant
Sep 30, 2008
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Investors
NetDragon Websoft Holdings
& 1 more
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Employee Count
6
as on Dec 31, 2021
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Investments & Acquisitions
Explain Everything
& 2 more
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Acquired by
NetDragon Websoft Holdings
(Jun 17, 2015)
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Funding Insights of Promethean World
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $1.1M
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First Round
First Round
(30 Sep 2008)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2008 | Amount | Grant - Promethean World | Valuation |
investors |
| 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 Promethean World
Promethean World has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include NetDragon Websoft Holdings and OSTI.GOV. 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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Scientific and technical information is managed and disseminated by OSTI.GOV.
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Founded Year | Domain | Location | |
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Video game developer focusing on MMORPG
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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 Promethean World
Promethean World has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Explain Everything, Light Blue Optics and SynapticMash. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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.
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Interactive screencasting whiteboard is offered for educators.
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2015 | ||||
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Cloud-based formative assessments are delivered via SynapticMash platform.
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2007 | ||||
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Cloud-based meeting and contact center management solutions are provided.
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2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Promethean World
| 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 |
Promethean World Comparisons
Competitors of Promethean World
Promethean World 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 Smart Technologies, Schoolnet India, Swivl, Educomp and mcSquares, 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 |
Smart classroom solutions for schools
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| domain | founded_year | HQ Location |
K-12 digital learning solutions are provided for schools.
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| domain | founded_year | HQ Location |
Automated video collaboration tools are offered for education.
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| domain | founded_year | HQ Location |
Technology education solutions for K-12 schools are delivered.
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| domain | founded_year | HQ Location |
Interactive dry-erase whiteboards are designed for educational collaboration.
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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 Promethean World
Frequently Asked Questions about Promethean World
When was Promethean World founded?
Promethean World was founded in 1977 and raised its 1st funding round 31 years after it was founded.
Where is Promethean World located?
Promethean World is headquartered in Alpharetta, United States. It is registered at Alpharetta, Georgia, United States.
How many employees does Promethean World have?
As of Dec 31, 2021, the latest employee count at Promethean World is 6.
What is the annual revenue of Promethean World?
Annual revenue of Promethean World is $221.51M as on Dec 31, 2022.
What does Promethean World do?
Promethean World was founded in 1977 and is headquartered in Alpharetta, United States. Operations focus on education technology, with solutions encompassing interactive flat panels, whiteboards, tables, student response devices, and accessories for classroom use. Software includes a learning management system supporting personalized instruction and collaborative learning. Professional development programs are also offered, serving over 2 million teachers and 20 million students as of January 2016.
Who are the top competitors of Promethean World?
Promethean World's top competitors include Schoolnet India, Swivl and Smart Technologies.
How many acquisitions has Promethean World made?
Promethean World has made 3 acquisitions, including Explain Everything, Light Blue Optics, and SynapticMash.
Who are Promethean World's investors?
Promethean World has 2 investors. Key investors include NetDragon Websoft Holdings, and OSTI.GOV.
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