About Reading Plus
Reading Plus is a company based in Winooski (United States) founded in 2003 was acquired by DreamBox in July 2021.. Reading Plus offers products and services including Reading Plus Platform, Professional Development Support, and Content Library. Reading Plus operates in a competitive market with competitors including Lexia Learning, StudySync, Headsprout, CommonLit and Spritz, among others.
- Headquarter Winooski, United States
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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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- Legal Name Taylor Associates/Communications, Inc.
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Products & Services of Reading Plus
Reading Plus offers a comprehensive portfolio of products and services, including Reading Plus Platform, Professional Development Support, and Content Library. 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.
Adaptive tool for personalized reading instruction and assessment.
Training materials for educators to implement literacy programs.
Collection of texts and resources for reading practice and growth.
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Funding Insights of Reading Plus
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2019 | Amount | Series B - Reading Plus | Valuation | Sterling Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Reading Plus
Reading Plus has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include DreamBox and Sterling Partners. 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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Private equity firm
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An online interactive math learning platform for children is provided.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Reading Plus
| 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 - Reading Plus
| 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 |
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Reading Plus Comparisons
Competitors of Reading Plus
Reading Plus 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 Lexia Learning, StudySync, Headsprout, CommonLit and Spritz, 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 |
Personalized learning and assessment for reading skills are offered.
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Web-based curriculum for English literacy and skills development is provided.
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Online adaptive reading proficiency solutions are provided for students.
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Curated reading materials are provided for literacy in grades 5-12.
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App-based reading proficiency solutions for students are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Reading Plus
Frequently Asked Questions about Reading Plus
When was Reading Plus founded?
Reading Plus was founded in 2003 and raised its 1st funding round 16 years after it was founded.
Where is Reading Plus located?
Reading Plus is headquartered in Winooski, United States. It is registered at Winooski, Vermont, United States.
What does Reading Plus do?
Reading Plus is a research-based silent reading intervention program that helps students gain proficiency by improving comprehension, reading rate, and vocabulary.The platform students to develop physical, cognitive, and emotional domains of reading by integrating them into a personalized online reading program. Before using the program users take an adaptive assessment named Insight which helps in benchmarking. The platform provides real-time monitoring and insight into student progress at district, site, class, and individual student levels.
Who are the top competitors of Reading Plus?
Reading Plus's top competitors include Spritz, Lexia Learning and CommonLit.
What products or services does Reading Plus offer?
Reading Plus offers Reading Plus Platform, Professional Development Support, and Content Library.
Who are Reading Plus's investors?
Reading Plus has 2 investors. Key investors include DreamBox, and Sterling Partners.
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