About Read Lee
Read Lee is a company based in Cambridge (United States) founded in 2020 was acquired by Paper in March 2023.. Read Lee operates in a competitive market with competitors including Panorama Education, BrightBytes, OThot, Illuminate Education and BridgeU, among others.
- Headquarter Cambridge, United States
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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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Funding Insights of Read Lee
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $40,000
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First Round
First Round
(05 Oct 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Grant - Read Lee | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Read Lee
Read Lee has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Paper and Education Competition. 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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Supports education entrepreneurs with funding and resources for innovative ventures.
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Founded Year | Domain | Location | |
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Educational support is provided for K-12 students and teachers.
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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 Read Lee
| 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 - Read Lee
| 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 |
Read Lee Comparisons
Competitors of Read Lee
Read Lee 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 Panorama Education, BrightBytes, OThot, Illuminate Education and BridgeU, 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 |
Academic survey platforms for K-12 feedback collection are provided.
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| domain | founded_year | HQ Location |
SaaS-based data analytics for educational technology use is provided.
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| domain | founded_year | HQ Location |
Predictive analytics solutions are provided for the education sector.
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| domain | founded_year | HQ Location |
An assessment and analytics platform for schools is offered.
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| domain | founded_year | HQ Location |
Admission counseling is delivered via predictive analytics for students.
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| domain | founded_year | HQ Location |
Adaptive gamified learning platform for children is offered on tablets.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Read Lee
Frequently Asked Questions about Read Lee
When was Read Lee founded?
Read Lee was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Read Lee located?
Read Lee is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
What does Read Lee do?
Read Lee was founded in 2020 in Cambridge, United States, within the education technology sector. A SaaS and AI-based platform is operated to deliver data insights for schools. Struggling readers are identified through analytics, progress is monitored over time, and related educational metrics are tracked. Operations focus on supporting school administrators and educators with actionable data tools across the United States.
Who are the top competitors of Read Lee?
Read Lee's top competitors include BridgeU, Panorama Education and AstrumU.
Who are Read Lee's investors?
Read Lee has 2 investors. Key investors include Paper, and Education Competition.