About SoloLearn
SoloLearn is a company based in Pleasanton (United States) founded in 2014 by Davit Kocharyan and Yeva Hyusyan.. SoloLearn has raised $30.9 million across 4 funding rounds from investors including Naspers, Prosus and Drive Capital. SoloLearn offers products and services including Coding Courses, Mobile App, and Certificates. SoloLearn operates in a competitive market with competitors including Pluralsight, Codecademy, Udacity, Galvanize and Springboard, among others.
- Headquarter Pleasanton, United States
- Founders Davit Kocharyan, Yeva Hyusyan
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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 Sololearn 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
$30.9 M (USD)
in 4 rounds
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Latest Funding Round
$24 M (USD), Series B
Jul 21, 2021
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Investors
Naspers
& 5 more
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Employee Count
Employee Count
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Products & Services of SoloLearn
SoloLearn offers a comprehensive portfolio of products and services, including Coding Courses, Mobile App, and Certificates. 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.
Interactive lessons and quizzes for learning programming languages.
App for on-the-go coding practice and community engagement.
Digital badges validating completed coding courses and skills.
Unlock access to complete
Funding Insights of SoloLearn
SoloLearn has successfully raised a total of $30.9M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $24 million completed in July 2021. 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 Series B — $24.0M
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First Round
First Round
(13 Nov 2014)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series B - SoloLearn | Valuation | Drive Capital | |
| Sep, 2018 | Amount | Series A - SoloLearn | Valuation | Naspers | |
| Oct, 2016 | Amount | Seed - SoloLearn | 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 SoloLearn
SoloLearn has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Naspers, Prosus and Drive 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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Tech companies are invested in by this venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital firm focused on pre-seed and seed stage investments
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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 SoloLearn
| 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 - SoloLearn
| 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 |
Sololearn Comparisons
Competitors of SoloLearn
SoloLearn 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 Pluralsight, Codecademy, Udacity, Galvanize and Springboard, 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 |
Cloud-based LMS platform for IT industry
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| domain | founded_year | HQ Location |
Mobile and SaaS-based platform to learn coding
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| domain | founded_year | HQ Location |
Online platform for professional development courses in software is provided.
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| domain | founded_year | HQ Location |
Bootcamps and startup growth platform
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| domain | founded_year | HQ Location |
Online courses, workshops, and expert mentorship are delivered.
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| 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 Sololearn
Frequently Asked Questions about SoloLearn
When was SoloLearn founded?
SoloLearn was founded in 2014.
Where is SoloLearn located?
SoloLearn is headquartered in Pleasanton, United States. It is registered at Pleasanton, California, United States.
Who is the current CEO of SoloLearn?
Yeva Hyusyan is the current CEO of SoloLearn. They have also founded this company.
Is SoloLearn a funded company?
SoloLearn is a funded company, having raised a total of $30.9M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.2M, raised on Nov 13, 2014.
What does SoloLearn do?
SoloLearn was founded in 2014 and is headquartered in Pleasanton, United States. The platform operates in the edtech sector, focusing on programming education. Courses in languages such as C, Python 3, Java, JavaScript, and PHP are provided through a mobile app available on Android and iOS. Content is presented in text and video formats, with certification options. Learning progresses level by level, or tests can be taken directly.
Who are the top competitors of SoloLearn?
SoloLearn's top competitors include Pluralsight, Udacity and Codecademy.
What products or services does SoloLearn offer?
SoloLearn offers Coding Courses, Mobile App, and Certificates.
Who are SoloLearn's investors?
SoloLearn has 6 investors. Key investors include Naspers, Prosus, Drive Capital, Learn Ventures, and Learn Capital.
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