About Texthelp
Texthelp is a company based in Belfast (United Kingdom) founded in 2018 by Martin Andrew Mckay.. Texthelp has raised $122.51 million across 5 funding rounds from investors including LDC, Five Arrows Principal Investments and Five Arrows Capital Partners. Texthelp has completed 4 acquisitions, including Don Johnston, Scholarcy and Svensk TalTeknologi. Texthelp offers products and services including Read&Write, Equatio, OrbitNote, and ReachDeck. Texthelp operates in a competitive market with competitors including Speechify, Change Dyslexia, TeleTeachers, Lingit and SpEd@home, among others.
- Headquarter Belfast, United Kingdom
- Founders Martin Andrew Mckay
- Stage Minicorn
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Sectors
HealthcareEducation
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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 Texthelp Ltd.
- Date of Incorporation 01 Aug, 1996
- Jurisdiction ANTRIM, ANTRIM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$122.51 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
LDC
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
Don Johnston
& 3 more
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Products & Services of Texthelp
Texthelp offers a comprehensive portfolio of products and services, including Read&Write, Equatio, OrbitNote, and ReachDeck. 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.
Tool for reading and writing support in education and work
Software for creating and solving math equations inclusively
Platform for accessible document annotation and sharing
Service for improving website accessibility features
Unlock access to complete
Funding Insights of Texthelp
Texthelp has successfully raised a total of $122.51M across 5 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 5
- Last Round Last Round
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First Round
First Round
(01 Jan 2018)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Seed - Texthelp | Valuation |
investors |
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| Oct, 2021 | Amount | Seed - Texthelp | Valuation |
investors |
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| Dec, 2020 | Amount | Seed - Texthelp | Valuation |
investors |
| 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 Texthelp
Texthelp has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include LDC, Five Arrows Principal Investments and Five Arrows Capital Partners. 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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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Private equity investments are focused on multiple sectors for growth.
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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 Texthelp
Texthelp has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Don Johnston, Scholarcy and Svensk TalTeknologi. 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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Research documents are summarized into AI-powered interactive flashcards.
|
2018 | ||||
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Literacy technology for students with special needs is developed.
|
2007 | ||||
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Developer of virtual tabletop games
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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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.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Texthelp
| 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 |
Texthelp Comparisons
Competitors of Texthelp
Texthelp 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 Speechify, Change Dyslexia, TeleTeachers, Lingit and SpEd@home, 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 |
AI-based reading assistant is offered for text-to-speech conversion.
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| domain | founded_year | HQ Location |
Scientifically validated tools for dyslexia detection and remediation are offered.
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| domain | founded_year | HQ Location |
Teletherapy services are delivered online to schools and youth organizations.
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| domain | founded_year | HQ Location |
Multilingual literacy support software is provided for dyslexics.
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| domain | founded_year | HQ Location |
Provider of online special education therapy, coaching, and skill development
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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 Texthelp
Frequently Asked Questions about Texthelp
When was Texthelp founded?
Texthelp was founded in 2018.
Where is Texthelp located?
Texthelp is headquartered in Belfast, United Kingdom. It is registered at Belfast, Northern Ireland, United Kingdom.
Who is the current CEO of Texthelp?
Martin Andrew Mckay is the current CEO of Texthelp. They have also founded this company.
Is Texthelp a funded company?
Texthelp is a funded company, having raised a total of $122.51M across 5 funding rounds to date. The company's 1st funding round was a Seed of $108.73M, raised on Jan 01, 2018.
What does Texthelp do?
Texthelp was founded in 2018 and is based in Belfast, United Kingdom. Digital tools are created by the company to promote accessibility in education and workplace settings. Solutions are offered for universal design for learning, math, STEM subjects, dyslexia support, and general accessibility requirements. Resources, training, and user assistance are provided to facilitate understanding and communication across diverse needs.
Who are the top competitors of Texthelp?
Texthelp's top competitors include Change Dyslexia, Speechify and SpEd@home.
What products or services does Texthelp offer?
Texthelp offers Read&Write, Equatio, OrbitNote, and ReachDeck.
How many acquisitions has Texthelp made?
Texthelp has made 4 acquisitions, including Don Johnston, Scholarcy, and Svensk TalTeknologi.
Who are Texthelp's investors?
Texthelp has 3 investors. Key investors include LDC, Five Arrows Principal Investments, and Five Arrows Capital Partners.
What is Texthelp's valuation?
The valuation of Texthelp is $109.61M as of Dec 2020.
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