About Spritz
Spritz is an Education company based in Salt Lake City (United States) founded in 2012. App-based reading proficiency solutions for students are provided. It operates on a SaaS (Software-as-a-Service) and Freemium model. Spritz has raised $8.02 million across 5 funding rounds from investors including Denis O'Brien. Spritz offers products and services including Spritz App. Its focus areas include Technology, Software and Educational Software. Its competitors include Reading Plus, Lexia Learning and StudySync; 2 of its 3 listed competitors have raised funding.
Company details
Spritz is known for creating a speed reading app that enhances reading efficiency and comprehension. The application is designed to display content one word at a time, focusing on a key letter to aid quick recognition and processing by the brain. It serves various sectors including education and personal development, offering solutions for faster reading on mobile and desktop platforms. Users are supported in achieving higher reading speeds, up to 1000 words per minute, with improved retention levels.
- Headquarters Salt Lake City, United States
- SectorsEducation
- Email••••••••
- Website spritz.com
- Social LinkedIn X Facebook
- Total Equity Funding$8.02M (USD)
in 5 rounds
- Latest Funding Round$100K (USD), Seed
Oct 2016
Products & Services of Spritz
Spritz offers a comprehensive portfolio of products and services, including Spritz App.
Speed reading app enhances comprehension and reading efficiency.
Apps and channels of Spritz
Spritz publishes 3 mobile apps with over 10K+ downloads.
Funding Insights of Spritz
Spritz has successfully raised a total of $8.02M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $100 thousand completed in October 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 $8.02M
- Total Rounds 5
- Last Round Seed — $100,000
- First Round $3.54M
(Mar 2014)
- Investors Count 1
All 5 funding rounds of Spritz with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2016 | $100,000 | Seed | – | – | – |
| Oct 2016 | $100,000 | Seed | – | – | – |
| Aug 2015 | $735,001 | Seed | – | – | – |
| Mar 2014 | $3.54M | Seed | – | – | – |
| Mar 2014 | $3.54M | Seed | – | Denis O'Brien | – |
1 investors in total: 0 institutional and 1 angel.
Investors in Spritz
Spritz has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Denis O'Brien.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
DO Denis O'Brien | unknown_e47e4bd89bc141fbb |
Investor details for Spritz
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Timeline of Spritz
3 dated milestones of Spritz across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Spritz is founded.
- Funding First funding round of $3.5M.
- Funding Latest funding round, Seed, of $100K.
Competitors of Spritz
Spritz has 3 listed competitors in our database, 2 of them funded. They include Reading Plus, Lexia Learning and StudySync.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| readingplus.com | 2003 | Winooski, United States | 136 | Reading skills are developed for K-12 students through online intervention. | ||
| lexialearning.com | 1985 | Concord, United States | $2M | 65 | Personalized learning and assessment for reading skills are offered. | |
| studysync.com | 2008 | San Francisco, United States | $2.54M | 91 | Web-based curriculum for English literacy and skills development is provided. |
Detailed competitors of Spritz
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Web traffic of Spritz
The website of Spritz (spritz.com) receives about 5.2K visits a month.
- Monthly visits5.2K
Top companies in Education Technology Platforms
3 companies that operate in the same segment as Spritz (Education Technology Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of a platform providing gamified language learning through interactive exercises | 2011 | Pittsburgh, Pennsylvania, United States | USD 183.3 M | USD 748.02 M | 900 | |
Cloud-based software for K-12 education is provided. | 1997 | Folsom, California, United States | USD 32 M | USD 47.59 M | 1,308 | |
Online platform for preschool management and parent updates is offered. | 2014 | San Francisco, California, United States | USD 88.8 M |
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Related news about Spritz
Complete news archive for Spritz
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Frequently Asked Questions about Spritz
Spritz was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Spritz is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.
Spritz is a funded company, having raised a total of $8.02M across 5 funding rounds to date. The company's 1st funding round was a Seed of $3.54M, raised on Mar 2014.
Spritz is known for creating a speed reading app that enhances reading efficiency and comprehension. The application is designed to display content one word at a time, focusing on a key letter to aid quick recognition and processing by the brain. It serves various sectors including education and personal development, offering solutions for faster reading on mobile and desktop platforms. Users are supported in achieving higher reading speeds, up to 1000 words per minute, with improved retention levels.
Spritz's top competitors include Reading Plus, Lexia Learning and StudySync.
Spritz offers Spritz App.
Spritz has 1 investor. Key investors include Denis O'Brien.
Yes. Spritz publishes Spritz and 2 more apps, with over 10,000 downloads.