About Remind
Remind is a company based in San Francisco (United States) founded in 2011 was acquired by ParentSquare in November 2023. It operates as a SaaS (Software-as-a-Service), Freemium, and EduTech. Remind has raised $100.5 million across 8 funding rounds from investors including Kleiner Perkins, ParentSquare and Social Capital. Remind offers products and services including Remind Chat, Remind Hub, and ParentSquare. Remind operates in a competitive market with competitors including ParentSquare, Sdui, EChalk, ClassTag and Kaymbu, among others.
- Headquarter San Francisco, United States
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Sectors
Education
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Remind101, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$100.5 M (USD)
in 8 rounds
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Latest Funding Round
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Investors
Kleiner Perkins
& 10 more
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Employee Count
Employee Count
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Acquired by
ParentSquare
(Nov 29, 2023)
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Products & Services of Remind
Remind offers a comprehensive portfolio of products and services, including Remind Chat, Remind Hub, and ParentSquare. 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.
Two-way messaging is provided for class communication needs.
Streamlined messaging is offered for schools and organizations.
All-in-one engagement is facilitated for K-12 districts.
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Funding Insights of Remind
Remind has successfully raised a total of $100.5M across 8 strategic funding rounds. 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.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Last Round
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First Round
First Round
(01 Jan 2012)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Series D - Remind | Valuation | Owl Ventures |
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| Jun, 2017 | Amount | Series D - Remind | Valuation | GSV Ventures |
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| Sep, 2014 | Amount | Series C - Remind | Valuation | Kleiner Perkins |
| 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 Remind
Remind has secured backing from 11 investors, including venture fund and angel investors. Prominent investors backing the company include Kleiner Perkins, ParentSquare and Social Capital. 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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Investments in edtech companies are made by Owl Ventures.
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Founded Year | Domain | Location | |
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Ed-tech startups are funded by GSV Ventures through venture capital.
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Founded Year | Domain | Location | |
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US focused seed and early-stage VC firm
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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 Remind
| 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 - Remind
| 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 |
Remind Comparisons
Competitors of Remind
Remind 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 ParentSquare, Sdui, EChalk, ClassTag and Kaymbu, 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 |
Provider of app-based parent-teacher communication solutions
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| domain | founded_year | HQ Location |
A communication platform is offered for parents, teachers, and students.
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| domain | founded_year | HQ Location |
Learning management system is provided for K-12 schools and districts.
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| domain | founded_year | HQ Location |
Teachers' activities and parent communications are managed via a platform.
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| domain | founded_year | HQ Location |
Classroom activities are documented and shared via an iPad-based system.
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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 Remind
Frequently Asked Questions about Remind
When was Remind founded?
Remind was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Remind located?
Remind is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Remind a funded company?
Remind is a funded company, having raised a total of $100.5M across 8 funding rounds to date. The company's 1st funding round was a Series C of $40M, raised on Jan 01, 2012.
What does Remind do?
Remind is recognized as a leading communication platform tailored for educational environments. Two-way messaging solutions are offered through products like Remind Chat and Remind Hub, targeting teachers, administrators, and families. Engagement across K-12 districts is facilitated via ParentSquare, an all-in-one platform. Accessibility is ensured with features like automatic translation into over 90 languages and mobile-first notifications. Strong connections are built to support student success across various educational sectors. Privacy and data security are prioritized to meet high standards in education.
Who are the top competitors of Remind?
Remind's top competitors include Sdui, ParentSquare and EChalk.
What products or services does Remind offer?
Remind offers Remind Chat, Remind Hub, and ParentSquare.
Who are Remind's investors?
Remind has 11 investors. Key investors include Kleiner Perkins, ParentSquare, Social Capital, Owl Ventures, and GSV Ventures.
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