About Ugglo
Ugglo is a company based in Stockholm (Sweden) founded in 2017 by Nils Ohlsen, Jens Malmqvist, and Alexandra Tsampikakis was acquired by ILT Education in September 2021. Ugglo has raised $388.03 thousand across 2 funding rounds from investors including ILT Education, Dan Castillo and Magnus Sandberg. Ugglo operates in a competitive market with competitors including Reading Plus, Lexia Learning, Spritz, Heggerty Phonemic Awareness and StudySync, among others.
- Headquarter Stockholm, Sweden
- Founders Nils Ohlsen, Jens Malmqvist, Alexandra Tsampikakis
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Sectors
Education
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$388.03 K (USD)
in 2 rounds
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Latest Funding Round
$388.03 K (USD), Angel Round
Jan 24, 2019
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Investors
ILT Education
& 4 more
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Employee Count
Not available
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Acquired by
ILT Education
(Sep 09, 2021)
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Funding Insights of Ugglo
Ugglo has successfully raised a total of $388.03K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $388.03 thousand completed in January 2019. 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.
Investors in Ugglo
Ugglo has secured backing from 5 investors, including angel and venture fund investors. Prominent investors backing the company include ILT Education, Dan Castillo and Magnus Sandberg.
| Investor | Description | Founded Year | Domain | Location |
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Sting is recognized as a leading startup accelerator in the Nordics.
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Locked | Locked | Locked | |
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DC
Dan Castillo |
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MS
Magnus Sandberg |
Swedish angel investor in Indian startups, focused on tech and innovation.
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Locked | Locked | Locked |
Investor details for Ugglo
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Investments & Acquisitions by Ugglo
Investment portfolio details for Ugglo
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Financial Statements - Ugglo
Detailed financials for Ugglo
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Ugglo Comparisons
Peer comparison for Ugglo
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Competitors of Ugglo
Ugglo 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 Reading Plus, Lexia Learning, Spritz, Heggerty Phonemic Awareness and StudySync, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Reading skills are developed for K-12 students through online intervention.
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Personalized learning and assessment for reading skills are offered.
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App-based reading proficiency solutions for students are provided.
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After-school phonemic awareness programs are offered for pre-K students.
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Web-based curriculum for English literacy and skills development is provided.
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Curated reading materials are provided for literacy in grades 5-12.
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Detailed competitors of Ugglo
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Latest news on Ugglo
Complete news archive for Ugglo
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Frequently Asked Questions about Ugglo
Ugglo was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Ugglo is headquartered in Stockholm, Sweden.
Nils Ohlsen is the current CEO of Ugglo. They have also founded this company.
Ugglo is a funded company, having raised a total of $388.03K across 2 funding rounds to date.
Ugglo was founded in 2017 in Stockholm, Sweden, as a digital library focused on educational content for children. Access to fictional and fact-based audiobooks and picturebooks is provided for preschool and school settings, with support for multiple languages. Teachers guides are included to aid instruction. The platform operates via apps on Android and iOS devices, serving users in educational environments.
Ugglo's top competitors include Spritz, Reading Plus and Lexia Learning.
Ugglo has 5 investors. Key investors include ILT Education, Dan Castillo, Magnus Sandberg, Martin Randel, and Sting.