About Turnitin
Turnitin is a company based in Oakland (United States) founded in 2000 was acquired by Advance in March 2019.. The company has 54 employees as of April 09, 2024. Turnitin has completed 5 acquisitions, including ExamSoft, Gradescope and Ouriginal. Turnitin operates in a competitive market with competitors including Renaissance, MasteryConnect, TagHive, Xello and Geekie, among others.
- Headquarter Oakland, United States
- Employees 54 as on 09 Apr, 2024
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Sectors
Education
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Phone
*********
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Website
*********
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Social
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- Legal Name Turnitin India Private Limited
- Date of Incorporation 12 Jan, 2017
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$6.23 M (USD)30.64as on Mar 31, 2023
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Net Profit
$-43.57 K (USD)-128.28as on Mar 31, 2023
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EBITDA
$11.2 K (USD)-93.91as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
54
as on Apr 09, 2024
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Investments & Acquisitions
ExamSoft
& 4 more
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Acquired by
Advance
(Mar 06, 2019)
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Software Development Team
83 people
Sales and Marketing
33 people
Senior Team
31 people
Leadership Team
29 people
Customer Team
23 people
Product Management Team
9 people
Human Resources and Administration
9 people
Finance and Accounting
8 people
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Funding Insights of Turnitin
| 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 Turnitin
Turnitin has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Advance. 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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Advance is engaged in long-term investment across diverse 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 Turnitin
Turnitin has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include ExamSoft, Gradescope and Ouriginal. 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
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of a learning management system
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2020 | ||||
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Paper-based assessments are graded online by instructors using this tool.
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2014 | ||||
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Online proctoring solution
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2014 |
| 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 - Turnitin
| 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 |
Turnitin Comparisons
Competitors of Turnitin
Turnitin 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 Renaissance, MasteryConnect, TagHive, Xello and Geekie, 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 |
Cloud-based K-12 assessments in reading, math, and writing are delivered.
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| domain | founded_year | HQ Location |
Assessment and data solutions are developed for K-12 education.
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| domain | founded_year | HQ Location |
AI-powered quiz application for educational engagement is provided.
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| domain | founded_year | HQ Location |
Provider of an online platform for developing technical and soft skills in students
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| domain | founded_year | HQ Location |
Adaptive learning management system is provided for schools.
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| domain | founded_year | HQ Location |
Assessment and data quality solutions are offered for K-12 schools.
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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 Turnitin
Frequently Asked Questions about Turnitin
When was Turnitin founded?
Turnitin was founded in 2000.
Where is Turnitin located?
Turnitin is headquartered in Oakland, United States. It is registered at Oakland, California, United States.
How many employees does Turnitin have?
As of Apr 09, 2024, the latest employee count at Turnitin is 54.
What is the annual revenue of Turnitin?
Annual revenue of Turnitin is $6.23M as on Mar 31, 2023.
What does Turnitin do?
Turnitin was founded in 2000 and is based in Oakland, United States. Services in the education technology sector include plagiarism detection tools and assessment platforms for teachers. Online grading and peer review software are supplied, supporting collaborative evaluation of exams and research papers. Operations follow a subscription model for schools, colleges, and universities.
Who are the top competitors of Turnitin?
Turnitin's top competitors include Renaissance, Copyleaks and MasteryConnect.
How many acquisitions has Turnitin made?
Turnitin has made 5 acquisitions, including ExamSoft, Gradescope, and Ouriginal.
Who are Turnitin's investors?
Turnitin has 1 investor. Key investors include Advance.
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