About ReadCloud
ReadCloud is a company based in Melbourne (Australia) founded in 2009 by Lars Lindstrom.. ReadCloud has completed 1 acquisition, including Southern Solutions. ReadCloud offers products and services including ReadCloud Platform and eReader App. ReadCloud operates in a competitive market with competitors including Amplify, EVERFI, Numerade, Carnegie Learning and IXL Learning, among others.
- Headquarter Melbourne, Australia
- Founders Lars Lindstrom
- Stage Public
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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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- Legal Name Readcloud Limited
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Annual Revenue
$8.35 M (USD)6.13as on Sep 30, 2025
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Net Profit
$-274.95 K (USD)59.18as on Sep 30, 2025
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EBITDA
$240.97 K (USD)0as on Sep 30, 2025
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Latest Funding Round
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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IPO & Listings of ReadCloud
ReadCloud is a publicly listed company on the ASX with ticker symbol RCL in Australia, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of ReadCloud
ReadCloud offers a comprehensive portfolio of products and services, including ReadCloud Platform and eReader App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for managing and accessing digital eBooks in schools.
App for reading interactive eBooks and annotating content.
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Leadership Team
1 people
Finance and Accounting
1 people
Human Resources and Administration
1 people
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Funding Insights of ReadCloud
| 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 |
Investments & Acquisitions by ReadCloud
ReadCloud has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Southern Solutions. 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.
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Chain of education providing child care course
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2008 |
| 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 - ReadCloud
| 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 |
Readcloud Comparisons
Competitors of ReadCloud
ReadCloud 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 Amplify, EVERFI, Numerade, Carnegie Learning and IXL Learning, 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 |
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| domain | founded_year | HQ Location |
High-quality K-12 curriculum and assessments are provided by Amplify.
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| domain | founded_year | HQ Location |
Online courses for workplace, higher, and school education are offered.
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| domain | founded_year | HQ Location |
Provider of study assistance platform for students
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| domain | founded_year | HQ Location |
Maths learning resources and curricula are provided for students.
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| domain | founded_year | HQ Location |
Personalized instruction in core subjects is delivered via subscriptions.
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| domain | founded_year | HQ Location |
Cloud-based assessments and learning resources are provided for students.
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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 Readcloud
Frequently Asked Questions about ReadCloud
When was ReadCloud founded?
ReadCloud was founded in 2009.
Where is ReadCloud located?
ReadCloud is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Who is the current CEO of ReadCloud?
Lars Lindstrom is the current CEO of ReadCloud. They have also founded this company.
What is the annual revenue of ReadCloud?
Annual revenue of ReadCloud is $8.35M as on Sep 30, 2025.
What does ReadCloud do?
ReadCloud provides social eLearning platform for Australian Secondary Schools. Offers eBook reader which allows students and teachers to share notes, questions, videos, and web links directly inside the eBooks and allow discussion, collaboration, and social learning. Also provides students with access to digital curriculum, allows teachers to upload supplementary notes and teacher resources, communicate to their students, and monitor reading activity. Provides integrations with schools LMS and timetabling software. Accessible on Mac, Windows, iOS, and Android devices.
Who are the top competitors of ReadCloud?
What products or services does ReadCloud offer?
ReadCloud offers ReadCloud Platform and eReader App.
Is ReadCloud publicly traded?
Yes, ReadCloud is publicly traded on ASX under the ticker symbol RCL.
How many acquisitions has ReadCloud made?
ReadCloud has made 1 acquisition, including Southern Solutions.
What is ReadCloud's ticker symbol?
The ticker symbol of ReadCloud is RCL on ASX.