About VitalSource
VitalSource is a company based in Raleigh (United States) founded in 1994 was acquired by Francisco Partners in April 2021.. VitalSource has completed 5 acquisitions, including Acrobatiq, Akademos and CourseSmart. VitalSource operates in a competitive market with competitors including Chegg, Houghton Mifflin Harcourt, Packback, A Kids Company About and Campus Book Rentals, among others.
- Headquarter Raleigh, United States
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Sectors
EducationMedia & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Vitalsource Technologies Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Acrobatiq
& 4 more
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Acquired by
Francisco Partners
(Apr 14, 2021)
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Funding Insights of VitalSource
| 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 VitalSource
VitalSource has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Francisco 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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Private equity investment firm focused on technology sector
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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 VitalSource
VitalSource has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Acrobatiq, Akademos and CourseSmart. 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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Adaptive courseware and data analytics are delivered for personalized learning.
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2013 | ||||
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Digital educational materials are distributed by connecting publishers to consumers.
|
2007 | ||||
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Online platform for buying books
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1999 |
| 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 - VitalSource
| 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 |
Vitalsource Comparisons
Competitors of VitalSource
VitalSource 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 Chegg, Houghton Mifflin Harcourt, Packback, A Kids Company About and Campus Book Rentals, 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 |
Rental books and homework help are provided to university students.
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| domain | founded_year | HQ Location |
Interactive games and books for kids and schools.
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| domain | founded_year | HQ Location |
Text book rental platform
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| domain | founded_year | HQ Location |
Books and podcasts for children are offered through subscription.
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| domain | founded_year | HQ Location |
Offers college textbook rental services to students for affordable access.
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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 Vitalsource
Frequently Asked Questions about VitalSource
When was VitalSource founded?
VitalSource was founded in 1994.
Where is VitalSource located?
VitalSource is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.
Who is the current CEO of VitalSource?
Kent Freeman is the current CEO of VitalSource.
What does VitalSource do?
VitalSource was founded in 1994 in Raleigh, United States, and operates in the education technology sector. An online platform is maintained to deliver ebooks and digital learning tools. A bookshelf function is provided to educators for streamlining workflows, including textbook evaluation, adoption, and course content integration. Analytics and insights on book usage are supplied to administrators to support optimization of book renting processes.
Who are the top competitors of VitalSource?
VitalSource's top competitors include Chegg, Houghton Mifflin Harcourt and Packback.
How many acquisitions has VitalSource made?
VitalSource has made 5 acquisitions, including Acrobatiq, Akademos, and CourseSmart.
Who are VitalSource's investors?
VitalSource has 1 investor. Key investors include Francisco Partners.
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