About Renaissance
Renaissance is a company based in Wisconsin Rapids (United States) founded in 1986 by Judith and Terrance Paul was acquired by Francisco Partners in May 2018. It operates as a SaaS (Software-as-a-Service), Subscription Services, and EduTech. Renaissance has raised $40 million across 4 funding rounds from investors including Blackstone, Permira and Francisco Partners. Renaissance has completed 11 acquisitions, including Freckle, GL Education and Illuminate Education. Renaissance offers products and services including Renaissance Next, Accelerated Reader, Freckle, and Nearpod. Renaissance operates in a competitive market with competitors including MasteryConnect, TagHive, Xello, Learnosity and Turnitin, among others.
- Headquarter Wisconsin Rapids, United States
- Founders Judith, Terrance Paul
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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 Renaissance Learning, Inc.
- Date of Incorporation 27 May, 2011
- Jurisdiction Krishnagar, West Bengal, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$40 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Blackstone
& 6 more
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Employee Count
Employee Count
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Investments & Acquisitions
Freckle
& 10 more
- Acquired by
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Products & Services of Renaissance
Renaissance offers a comprehensive portfolio of products and services, including Renaissance Next, Accelerated Reader, Freckle, and Nearpod. 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.
Assessment and instruction are connected for personalized learning.
Reading practice is personalized to enhance student engagement.
Individualized practice in reading and math is provided.
Interactive lessons are delivered to engage student learning.
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Leadership Team
87 people
Software Development Team
81 people
Sales and Marketing
63 people
Product Management Team
36 people
Account Team
27 people
Data Analysis and Operations Team
21 people
Senior Team
14 people
Finance and Accounting
12 people
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Funding Insights of Renaissance
Renaissance has successfully raised a total of $40M across 4 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 4
- Last Round Last Round
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series D - Renaissance | Valuation |
investors |
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| Feb, 2014 | Amount | Series C - Renaissance | Valuation | CapitalG |
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| Mar, 2011 | Amount | Grant - Renaissance | Valuation |
investors |
| 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 Renaissance
Renaissance has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Blackstone, Permira and Francisco 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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Diversified investment management is provided across multiple asset classes.
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Founded Year | Domain | Location | |
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Growth-stage companies are invested in by CapitalG, Alphabet's independent fund.
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Founded Year | Domain | Location | |
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Private equity firm focused on acquisitions
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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 Renaissance
Renaissance has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include Freckle, GL Education and Illuminate Education. 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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Literacy web-based app for K-2 teachers
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2016 | ||||
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Adaptive and data-driven learning platform for K-12
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2013 | ||||
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Learning network for K-12
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2012 |
| 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 - Renaissance
| 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 |
Renaissance Comparisons
Competitors of Renaissance
Renaissance 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 MasteryConnect, TagHive, Xello, Learnosity and Turnitin, 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 |
Assessment and data solutions are developed for K-12 education.
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| domain | founded_year | HQ Location |
AI-powered quiz application for educational engagement is provided.
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| domain | founded_year | HQ Location |
Provider of an online platform for developing technical and soft skills in students
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| domain | founded_year | HQ Location |
Assessment-assistance solutions are provided to educators via online tools.
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| domain | founded_year | HQ Location |
Plagiarism detection and assessment platforms are provided for educators.
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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 Renaissance
Frequently Asked Questions about Renaissance
When was Renaissance founded?
Renaissance was founded in 1986 and raised its 1st funding round 19 years after it was founded.
Where is Renaissance located?
Renaissance is headquartered in Wisconsin Rapids, United States. It is registered at Wisconsin Rapids, Wisconsin, United States.
Is Renaissance a funded company?
Renaissance is a funded company, having raised a total of $40M across 4 funding rounds to date. The company's 1st funding round was a Grant of $41.65K, raised on May 20, 2005.
What does Renaissance do?
Comprehensive educational software solutions are developed by Renaissance for pre-K to 12th-grade students. Focus is placed on assessment, reading, and math programs. Research-driven tools are offered to educators for personalized learning. Sectors served include education with an emphasis on literacy and numeracy. Solutions such as Renaissance Next connect assessment to instruction seamlessly. Actionable insights are provided through intuitive platforms for classroom management. Global impact is achieved through over 30 years of research-backed development.
Who are the top competitors of Renaissance?
Renaissance's top competitors include Learnosity, MasteryConnect and Xello.
What products or services does Renaissance offer?
Renaissance offers Renaissance Next, Accelerated Reader, Freckle, and Nearpod.
How many acquisitions has Renaissance made?
Renaissance has made 11 acquisitions, including Freckle, GL Education, and Illuminate Education.
Who are Renaissance's investors?
Renaissance has 7 investors. Key investors include Blackstone, Permira, Francisco Partners, CapitalG, and Mr Holland's Opus Foundation.
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