TakeLessons

San Diego, United States Founded: 2006 • Age: 20 yrs Acquired By Microsoft
Marketplace for tutoring: in-person online lessons
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About TakeLessons

TakeLessons is a company based in San Diego (United States) founded in 2006 was acquired by Microsoft in September 2021.. TakeLessons has raised $18.7 million across 4 funding rounds from investors including Microsoft, Wavemaker Partners and Crosslink Capital. The company has 37 employees as of December 31, 2017. TakeLessons has completed 1 acquisition, including Chromatik. TakeLessons operates in a competitive market with competitors including Wyzant, HeyTutor, Kadama, Mentorcam and Gooroo, among others.

  • Headquarter San Diego, United States
  • Employees 37 as on 31 Dec, 2017
  • Sectors
    Education
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Takelessons, Inc.
Operational Areas
Education → Higher & Professional Education
Education → Education Technology (EdTech)
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $18.7 M (USD)

    in 4 rounds

  • Latest Funding Round
    $7 M (USD), Series B

    Mar 25, 2014

  • Investors
    Microsoft

    & 6 more

  • Employee Count
    37

    as on Dec 31, 2017

  • Investments & Acquisitions
  • Acquired by
    Microsoft

    (Sep 08, 2021)

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Funding Insights of TakeLessons

TakeLessons has successfully raised a total of $18.7M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $7 million completed in March 2014. 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 Rounds 4
  • Last Round Series B — $7.0M
  • First Round

    (01 Jun 2006)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2014 Amount Series B - TakeLessons Valuation Lightbank
Feb, 2013 Amount Series A - TakeLessons Valuation Triangle Peak Partners
Aug, 2011 Amount Series A - TakeLessons Valuation Crosslink Capital
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 TakeLessons

TakeLessons has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Microsoft, Wavemaker Partners and Crosslink 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital is invested in various sectors by Crosslink Capital.
Founded Year Domain Location
Private equity and VC-based investment firm
Founded Year Domain Location
Tech focused seed & early stage VC firm investing primarily in the US
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 TakeLessons

TakeLessons has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Chromatik. 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.

Investments
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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Free music sheets and videos are offered for selected instruments.
2010
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - TakeLessons

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Takelessons Comparisons

Employees
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Competitors of TakeLessons

TakeLessons 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 Wyzant, HeyTutor, Kadama, Mentorcam and Gooroo, 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
Tutoring sessions are facilitated via an online marketplace.
domain founded_year HQ Location
Online platform that allow learners to find and book K-12 tutors
domain founded_year HQ Location
Mobile-based platform providing tutor discovery solution
domain founded_year HQ Location
Mentoring solutions are delivered via mobile video calls with experts.
domain founded_year HQ Location
Online tutoring and personalized course-based learning are provided.
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 Takelessons

Frequently Asked Questions about TakeLessons

When was TakeLessons founded?

TakeLessons was founded in 2006.

Where is TakeLessons located?

TakeLessons is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

Is TakeLessons a funded company?

TakeLessons is a funded company, having raised a total of $18.7M across 4 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on Jun 01, 2006.

How many employees does TakeLessons have?

As of Dec 31, 2017, the latest employee count at TakeLessons is 37.

What does TakeLessons do?

TakeLessons was founded in 2006 in San Diego, United States, as an online marketplace in the education sector. Qualified instructors are matched with students for lessons in music, languages, wellness, culinary arts, performing arts, and related fields. Operations include in-person and online formats, supported by tools for scheduling, billing, payments, and communication across devices. Tutors are reviewed by students, and a partnership with Amazon enables bookings in select US cities.

Who are the top competitors of TakeLessons?

TakeLessons's top competitors include Wyzant, HeyTutor and Mentorcam.

How many acquisitions has TakeLessons made?

TakeLessons has made 1 acquisition, including Chromatik.

Who are TakeLessons's investors?

TakeLessons has 7 investors. Key investors include Microsoft, Wavemaker Partners, Crosslink Capital, Triangle Peak Partners, and Lightbank.

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