About Sharpen
Sharpen is a company based in Concord (United States) founded in 2019 by Jack Kelleher and Kyle Rusconi. It operates as a Subscription Services, and EduTech. Sharpen has raised $11 million across 1 funding round from investors including Learn Ventures. The company has 7 employees as of December 31, 2023. Sharpen offers products and services including Sharpen Reading Program and Sharpen Workbooks. Sharpen operates in a competitive market with competitors including Caribu, Storybook, FarFaria, Kidzovo and Yuna, among others.
- Headquarter Concord, United States
- Employees 7 as on 31 Dec, 2023
- Founders Jack Kelleher, Kyle Rusconi
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Sectors
EducationMedia & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sharpen.Com, 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
$11 M (USD)
in 1 rounds
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Latest Funding Round
$11 M (USD), Series B
Dec 06, 2023
- Investors
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Employee Count
7
as on Dec 31, 2023
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Products & Services of Sharpen
Sharpen offers a comprehensive portfolio of products and services, including Sharpen Reading Program and Sharpen Workbooks. 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.
Digital curriculum for improving children's reading skills.
Printed materials supporting reading and writing development.
Funding Insights of Sharpen
Sharpen has successfully raised a total of $11M through 1 strategic funding round. The most recent funding activity was a Series B round of $11 million completed in December 2023. 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 1
- Last Round Series B — $11.0M
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First Round
First Round
(06 Dec 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Series B - Sharpen | Valuation | Learn Capital |
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| 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 Sharpen
Sharpen has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Learn Ventures. 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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Learn Ventures is focused on building educational technology ventures.
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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 Sharpen
| 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 - Sharpen
| 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 |
Sharpen Comparisons
Competitors of Sharpen
Sharpen 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 Caribu, Storybook, FarFaria, Kidzovo and Yuna, 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 |
Video calling and interactive storytelling for children are facilitated.
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| domain | founded_year | HQ Location |
Storybook is focused on parent-child bonding and sleep routines.
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| domain | founded_year | HQ Location |
Children's illustrated books are delivered via subscription iPad app.
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| domain | founded_year | HQ Location |
AI-driven interactive learning app for children aged 2-8 is provided.
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| domain | founded_year | HQ Location |
A platform is provided for children's interactive reading experiences.
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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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Frequently Asked Questions about Sharpen
When was Sharpen founded?
Sharpen was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Where is Sharpen located?
Sharpen is headquartered in Concord, United States. It is registered at Concord, New Hampshire, United States.
Who is the current CEO of Sharpen?
Kyle Rusconi is the current CEO of Sharpen. They have also founded this company.
Is Sharpen a funded company?
Sharpen is a funded company, having raised a total of $11M across 1 funding round to date. The company's 1st funding round was a Series B of $11M, raised on Dec 06, 2023.
How many employees does Sharpen have?
As of Dec 31, 2023, the latest employee count at Sharpen is 7.
What does Sharpen do?
Sharpen is engaged in developing digital reading programs aimed at improving literacy skills for children from Pre-K to 6th grade. The company operates in the education technology sector, offering a structured curriculum with systematic phonics instruction, phonemic awareness, and fluency practice. Solutions are designed to be personalized, effective, and engaging, with features like progress monitoring and interactive activities. Both online platforms and printed workbooks are provided to support parents and educators in enhancing reading capabilities.
Who are the top competitors of Sharpen?
What products or services does Sharpen offer?
Sharpen offers Sharpen Reading Program and Sharpen Workbooks.
Who are Sharpen's investors?
Sharpen has 1 investor. Key investors include Learn Ventures.
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