About Skillmatics
Skillmatics is a company based in Covina (United States) founded in 2016 by Devanshi Kejriwal.. Skillmatics has raised $23.82 million across 3 funding rounds from investors including Peak XV Partners, Redwood Trust and Patni Financial Advisors. The company has 220 employees as of November 30, 2024. Skillmatics offers products and services including Foil Fun, Snip Snip, Guess in 10, and Who Knows You Best. Skillmatics operates in a competitive market with competitors including Lingokids, LeapFrog, Lovevery, Age of Learning and KiwiCo, among others.
- Headquarter Covina, United States
- Employees 220 as on 30 Nov, 2024
- Founders Devanshi Kejriwal
- Stage Minicorn
-
Sectors
ConsumerEducation
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$23.82 M (USD)
in 3 rounds
-
Latest Funding Round
$16 M (USD), Series B
Apr 25, 2022
-
Investors
Peak XV Partners
& 12 more
-
Employee Count
220
as on Nov 30, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Skillmatics
Skillmatics offers a comprehensive portfolio of products and services, including Foil Fun, Snip Snip, Guess in 10, and Who Knows You Best. 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.
No-mess art kit for creative play among children aged 4-9.
Art and craft activities designed for kids aged 3-7.
Trivia card game to enhance knowledge for ages 6 and up.
Family party game focused on interaction for ages 8 and older.
Unlock access to complete
Funding Insights of Skillmatics
Skillmatics has successfully raised a total of $23.82M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $16 million completed in April 2022. 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 3
- Last Round Series B — $16.0M
-
First Round
First Round
(01 Apr 2019)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Series B - Skillmatics | Valuation | Sofina , Peak XV Partners | |
| Dec, 2020 | Amount | Series A - Skillmatics | Valuation | Peak XV Partners | |
| Apr, 2019 | Amount | Seed - Skillmatics | Valuation | Surge Ventures , Neil Parikh |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Skillmatics
Skillmatics has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Peak XV Partners, Redwood Trust and Patni Financial Advisors. 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 |
|---|---|---|---|---|
|
Venture capital investments are provided by Sofina to emerging companies.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
Venture capital firm investing in startups and providing support programs.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Skillmatics
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Skillmatics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Skillmatics Comparisons
Competitors of Skillmatics
Skillmatics 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 Lingokids, LeapFrog, Lovevery, Age of Learning and KiwiCo, 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 |
Activity-driven English learning for kids is provided via mobile app.
|
|
| domain | founded_year | HQ Location |
Educational and entertainment products for children are created and offered.
|
|
| domain | founded_year | HQ Location |
Online subscription platform for educational toys for children
|
|
| domain | founded_year | HQ Location |
Pre-K through 5th grade learning resources are provided.
|
|
| domain | founded_year | HQ Location |
STEAM activity kits for children are delivered via monthly subscriptions.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Skillmatics
Frequently Asked Questions about Skillmatics
When was Skillmatics founded?
Skillmatics was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Skillmatics located?
Skillmatics is headquartered in Covina, United States. It is registered at Covina, California, United States.
Is Skillmatics a funded company?
Skillmatics is a funded company, having raised a total of $23.82M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.82M, raised on Apr 01, 2019.
How many employees does Skillmatics have?
As of Nov 30, 2024, the latest employee count at Skillmatics is 220.
What does Skillmatics do?
Skillmatics was founded in 2016 in Covina, United States, and operates as a retailer in the childrens education and toy sector. Products focused on fostering creativity and structured play experiences are provided through an online platform at skillmaticsworld.com. Customers are enabled to subscribe for notifications on site updates. The company is led by co-founder and CPO Devanshi Kejriwal, with emphasis placed on purposeful learning materials for young users.
Who are the top competitors of Skillmatics?
What products or services does Skillmatics offer?
Skillmatics offers Foil Fun, Snip Snip, Guess in 10, and Who Knows You Best.
Who are Skillmatics's investors?
Skillmatics has 13 investors. Key investors include Peak XV Partners, Redwood Trust, Patni Financial Advisors, Sofina, and Smiti Holding And Trading Company.
What is Skillmatics's valuation?
The valuation of Skillmatics is $127.75M as of Apr 2022.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.