QuillBot

Chicago, United States Founded: 2017 • Age: 9 yrs Acquired By Course Hero
An AI-based paraphrasing tool is provided for text processing.
Annual revenue $7.0M Latest available
Total funding $4.3M 2 rounds
Employees 172 Tracked headcount
Investors 5 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About QuillBot

QuillBot is a company based in Chicago (United States) founded in 2017 was acquired by Course Hero in August 2021. QuillBot has raised $4.28 million across 2 funding rounds from investors including Course Hero, GSV Ventures and Sierra Ventures. The company has 172 employees as of April 08, 2024. QuillBot operates in a competitive market with competitors including Grammarly, Ginger Software, Matter, Intento and Linguix, among others.

  • Headquarter Chicago, United States
  • Employees 172 as on 08 Apr, 2024
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Learneo Technologies India (I) Private Limited
  • Date of Incorporation 19 Jul, 2020
  • Jurisdiction Jaipur, Rajasthan, India
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $7 M (USD)
    144.81
    as on Mar 31, 2023
  • Net Profit
    $795.81 K (USD)
    240.3
    as on Mar 31, 2023
  • EBITDA
    $1.34 M (USD)
    255.19
    as on Mar 31, 2023
  • Total Equity Funding
    $4.28 M (USD)

    in 2 rounds

  • Latest Funding Round
    $4.28 M (USD), Seed

    Apr 21, 2020

  • Investors
    Course Hero

    & 4 more

  • Employee Count
    172

    as on Apr 08, 2024

  • Acquired by
    Course Hero

    (Aug 19, 2021)

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People of QuillBot

Headcount 50-200
Employee Profiles 104
Employee Profiles
People
Sara Lebow
Brand Writing Specialist
People
Kumar Prince
Assistant Engineering Manager Testing
People
Rithvik Pamidi
Staff Product Manager
People
Dave Silin
Co-founder & CSO

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Funding Insights of QuillBot

QuillBot has successfully raised a total of $4.28M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $4.28 million completed in April 2020. 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 QuillBot

QuillBot has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Course Hero, GSV Ventures and Sierra Ventures.

All
Venture Fund
Investor Description Founded Year Domain Location
Ed-tech startups are funded by GSV Ventures through venture capital.
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Early-stage venture capital investments in AI, healthcare, and enterprise technologies.
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Early-stage tech investments are made in US-based companies.
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Investments & Acquisitions by QuillBot

Investments
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Investment portfolio details for QuillBot

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Financial Statements - QuillBot

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Detailed financials for QuillBot

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Quillbot Comparisons

QuillBot Primary company
Description
An AI-based paraphrasing tool is provided for text processin...
Location
Chicago, United States
Founded Year
2017
Annual Revenue
$7 M (USD)
Net Profit
$795.81 K (USD)
EBITDA
$1.34 M (USD)
Employees
172
As of 2024
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Peer comparison for QuillBot

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Competitors of QuillBot

QuillBot 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 Grammarly, Ginger Software, Matter, Intento and Linguix, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of AI and cloud-based writing assistance platform for improving writing and communication
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Grammatical skills are enhanced via contextual corrections and personalized lessons.
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AI-driven audio-dating platform with voice profiles and matchmaking is provided.
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AI-driven translation and localization platform for enterprises is provided.
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Developer of an AI-based writing assistant app
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Detailed competitors of QuillBot

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Latest news on Quillbot

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Complete news archive for QuillBot

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Frequently Asked Questions about QuillBot

QuillBot was founded in 2017.

QuillBot is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

Rohan Gupta is the current CEO of QuillBot.

QuillBot is a funded company, having raised a total of $4.28M across 2 funding rounds to date.

As of Apr 08, 2024, the latest employee count at QuillBot is 172.

Annual revenue of QuillBot is $7M as on Mar 31, 2023.

QuillBot was established in 2017 in Chicago, United States, within the AI software sector. An online paraphrasing tool is operated, supporting various writing modes such as creative, suggestive, fluent, concise, and standard. Multiple sentences are handled simultaneously for efficiency. Extensions and add-ins are integrated with Google Chrome, Google Docs, and Microsoft applications, enabling broader accessibility for users in writing tasks.

QuillBot's top competitors include Grammarly, Ginger Software and Intento.

QuillBot has 5 investors. Key investors include Course Hero, GSV Ventures, Sierra Ventures, Service Provider Capital, and iventure.illinois.edu.

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