About StraighterLine
StraighterLine is a company based in Baltimore (United States) founded in 2008 by David Parento.. StraighterLine has raised $11.16 million across 3 funding rounds from investors including FirstMark, BV Investment Partners and Chrysalis Ventures. StraighterLine has completed 2 acquisitions, including Child Care Institute and ProSolutions Training. StraighterLine offers products and services including Online College Courses, Course Bundles, and Membership Services. StraighterLine operates in a competitive market with competitors including Outlier, InstantCert Credit, Affordable College, Tasseled and SCQF, among others.
- Headquarter Baltimore, United States
- Founders David Parento
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Sectors
Education
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Straighterline, 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
$11.16 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
FirstMark
& 4 more
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Employee Count
Employee Count
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Investments & Acquisitions
Child Care Institute
& 1 more
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Products & Services of StraighterLine
StraighterLine offers a comprehensive portfolio of products and services, including Online College Courses, Course Bundles, and Membership Services. 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.
Self-paced courses for earning and transferring college credits
Packages of courses in subjects like business and science
Access to tutoring and resources for student success
Unlock access to complete
Funding Insights of StraighterLine
StraighterLine has successfully raised a total of $11.16M across 3 strategic funding rounds. 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 Last Round
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First Round
First Round
(20 Jan 2010)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2020 | Amount | Series B - StraighterLine | Valuation |
investors |
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| Apr, 2012 | Amount | Series A - StraighterLine | Valuation | FirstMark | |
| Jan, 2010 | Amount | Series A - StraighterLine | Valuation | Arcady Bay Partners , Chrysalis Ventures |
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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 StraighterLine
StraighterLine has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include FirstMark, BV Investment Partners and Chrysalis 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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Investment services and strategic assistance are provided to sound businesses in the finance sector.
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Founded Year | Domain | Location | |
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VC firm making investment in early & growth stage healthcare & tech companies in the US
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Founded Year | Domain | Location | |
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Venture capital firm investing in environmental, education & safety care sectors
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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 StraighterLine
StraighterLine has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Child Care Institute and ProSolutions Training. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online professional development programs for childcare professionals
|
2005 | ||||
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Provider of online courses and certification programs for early childhood education professionals, focusing on promoting healthy growth and development for young children
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1991 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - StraighterLine
| 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 |
Straighterline Comparisons
Competitors of StraighterLine
StraighterLine 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 Outlier, InstantCert Credit, Affordable College, Tasseled and SCQF, 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 |
Online courses for earning college credits are provided by Outlier.
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| domain | founded_year | HQ Location |
Offers an online platform with courses designed to help users earn college credits efficiently.
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| domain | founded_year | HQ Location |
Provides an online platform for community college students to earn university degrees.
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| domain | founded_year | HQ Location |
College admission consulting solutions are offered via an online platform.
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| domain | founded_year | HQ Location |
Provider of credit courses for students
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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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Latest news on Straighterline
Frequently Asked Questions about StraighterLine
When was StraighterLine founded?
StraighterLine was founded in 2008 and raised its 1st funding round 2 years after it was founded.
Where is StraighterLine located?
StraighterLine is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland, United States.
Is StraighterLine a funded company?
StraighterLine is a funded company, having raised a total of $11.16M across 3 funding rounds to date. The company's 1st funding round was a Series A of $1.16M, raised on Jan 20, 2010.
What does StraighterLine do?
StraighterLine was founded in 2008 in Baltimore, United States, as a provider in the online education sector. College-level courses are offered through a membership model, allowing credits to be earned and transferred to partner institutions such as American College of Education and Ashford University. Students select courses, complete them remotely, and apply credits toward degrees at affiliated colleges. Operations focus on accessible higher education pathways.
Who are the top competitors of StraighterLine?
StraighterLine's top competitors include Outlier, Sophia Learning and Tasseled.
What products or services does StraighterLine offer?
StraighterLine offers Online College Courses, Course Bundles, and Membership Services.
How many acquisitions has StraighterLine made?
StraighterLine has made 2 acquisitions, including Child Care Institute, and ProSolutions Training.
Who are StraighterLine's investors?
StraighterLine has 5 investors. Key investors include FirstMark, BV Investment Partners, Chrysalis Ventures, City Light Capital, and Arcady Bay Partners.