About Spires
Spires is a company based in London (United Kingdom) founded in 2016.. Spires has raised $117 thousand across 1 funding round. The company has 2 employees as of November 30, 2021. Spires offers products and services including Tutoring Platform, Bidding System, and Class Scheduling. Spires operates in a competitive market with competitors including Vedantu, Ruangguru, GoStudent, Simplilearn and Varsity Tutors, among others.
- Headquarter London, United Kingdom
- Employees 2 as on 30 Nov, 2021
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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 Sotc Limited
- Date of Incorporation 26 Nov, 2014
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$117 K (USD)
in 1 rounds
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Latest Funding Round
$117 K (USD), Seed
Mar 02, 2016
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Investors
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Employee Count
2
as on Nov 30, 2021
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Products & Services of Spires
Spires offers a comprehensive portfolio of products and services, including Tutoring Platform, Bidding System, and Class Scheduling. 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.
Marketplace for finding and hiring online tutors.
Tool for tutors to bid on student job postings.
Flexible system for booking and recording online classes.
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Online Team
2 people
Co Team
2 people
Product Management Team
1 people
Consultant Team
1 people
Education Team
1 people
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Funding Insights of Spires
Spires has successfully raised a total of $117K through 1 strategic funding round. The most recent funding activity was a Seed round of $117 thousand completed in March 2016. 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 Seed — $117,000
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First Round
First Round
(02 Mar 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2016 | Amount | Seed - Spires | Valuation |
investors |
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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 |
Investments & Acquisitions by Spires
| 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 - Spires
| 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 |
Spires Comparisons
Competitors of Spires
Spires 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 Vedantu, Ruangguru, GoStudent, Simplilearn and Varsity Tutors, 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 |
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| domain | founded_year | HQ Location |
Live interactive K-12 tutoring platform is provided online.
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| domain | founded_year | HQ Location |
Self-learning solutions are delivered via an online education platform.
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| domain | founded_year | HQ Location |
Provider of online tutoring platform for K-12 students
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| domain | founded_year | HQ Location |
Professional certification programs are delivered through a mobile platform.
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| domain | founded_year | HQ Location |
Live online tutoring and test prep platform is operated.
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| domain | founded_year | HQ Location |
Online learning programs for K-12 education 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 Spires
Frequently Asked Questions about Spires
When was Spires founded?
Spires was founded in 2016.
Where is Spires located?
Spires is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Spires a funded company?
Spires is a funded company, having raised a total of $117K across 1 funding round to date. The company's 1st funding round was a Seed of $117K, raised on Mar 02, 2016.
How many employees does Spires have?
As of Nov 30, 2021, the latest employee count at Spires is 2.
What does Spires do?
Spires was founded in 2016 in London, United Kingdom, within the online education sector. A marketplace platform is provided for connecting students with tutors. Searches are facilitated based on subjects, topics, learning goals, deadlines, availability, budgets, and levels from primary to professional education. Sessions are conducted via an in-house virtual classroom system.
Who are the top competitors of Spires?
Spires's top competitors include Simplilearn, Vedantu and GoStudent.
What products or services does Spires offer?
Spires offers Tutoring Platform, Bidding System, and Class Scheduling.