About Scholastic
Scholastic is a company based in New York (United States) founded in 1997.. The company has 7,090 employees as of May 31, 2024. Scholastic has completed 5 acquisitions, including Learners Publishing, Learning Ovations and Make Believe Ideas. Scholastic offers products and services including Children's Books and Book Fairs.
- Headquarter New York, United States
- Employees 7090 as on 31 May, 2024
- 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 Scholastic Corporation
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Annual Revenue
$1.63 B2.25as on May 31, 2025
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Net Profit
$-1.9 M-115.7as on May 31, 2025
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EBITDA
$131.6 M3.87as on May 31, 2025
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Latest Funding Round
$6.09 M (USD), Grant
Jul 20, 2011
- Investors
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Employee Count
7090
as on May 31, 2024
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Investments & Acquisitions
Learners Publishing
& 4 more
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IPO & Listings of Scholastic
Scholastic is a publicly listed company on the NASDAQ with ticker symbol SCHL in USA, operating in the Consumer 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 Scholastic
Scholastic offers a comprehensive portfolio of products and services, including Children's Books and Book Fairs. 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.
Children's books are published and distributed for educational and entertainment purposes, featuring iconic stories and characters.
Book fairs are organized to foster reading and make books accessible in schools.
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Funding Insights of Scholastic
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $6.1M
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First Round
First Round
(09 Apr 2008)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2011 | Amount | Grant - Scholastic | Valuation |
investors |
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| Jul, 2008 | Amount | Grant - Scholastic | Valuation |
investors |
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| Apr, 2008 | Amount | Grant - Scholastic | 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 Scholastic
Scholastic has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include U.S. Department of State. 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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Diplomacy, advocacy, and assistance services are provided internationally.
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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 Scholastic
Scholastic has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Learners Publishing, Learning Ovations and Make Believe Ideas. 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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Learning ovation solutions for students are provided by the company.
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2013 | ||||
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Foundational reading skills are developed in children through game-based platform.
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2008 | ||||
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Children's books are published and distributed in the UK.
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2004 |
| 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 - Scholastic
| 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 |
Scholastic Comparisons
Competitors of Scholastic
| 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 Scholastic
Frequently Asked Questions about Scholastic
When was Scholastic founded?
Scholastic was founded in 1997 and raised its 1st funding round 11 years after it was founded.
Where is Scholastic located?
Scholastic is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Scholastic?
Dick Robinson is the current CEO of Scholastic.
How many employees does Scholastic have?
As of May 31, 2024, the latest employee count at Scholastic is 7,090.
What is the annual revenue of Scholastic?
Annual revenue of Scholastic is $1.63B as on May 31, 2025.
What does Scholastic do?
Scholastic was established in 1997 and is based in New York, United States. The company operates as a wholesaler in the consumer goods sector, distributing products through established supply chains. Services encompass procurement, inventory management, and delivery to retailers. Operations extend internationally, supported by the domain scholastic.co.in. Leadership is held by Dick Robinson, serving as Chairman and CEO. Focus remains on efficient distribution within the industry.
What products or services does Scholastic offer?
Scholastic offers Children's Books and Book Fairs.
Is Scholastic publicly traded?
Yes, Scholastic is publicly traded on NASDAQ under the ticker symbol SCHL.
How many acquisitions has Scholastic made?
Scholastic has made 5 acquisitions, including Learners Publishing, Learning Ovations, and Make Believe Ideas.
Who are Scholastic's investors?
Scholastic has 1 investor. Key investors include U.S. Department of State.
What is Scholastic's ticker symbol?
The ticker symbol of Scholastic is SCHL on NASDAQ.