About WebAssign
WebAssign is a company based in Raleigh (United States) founded in 1997 was acquired by Cengage Learning in September 2016.. WebAssign offers products and services including WebAssign Platform and Mastery Feature. WebAssign operates in a competitive market with competitors including Amplify, EVERFI, Carnegie Learning, Numerade and IXL Learning, among others.
- Headquarter Raleigh, United States
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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 Cengage Learning, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Cengage Learning
(Sep 27, 2016)
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Products & Services of WebAssign
WebAssign offers a comprehensive portfolio of products and services, including WebAssign Platform and Mastery Feature. 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.
Tools for online course management and student assessment.
Enables multiple practice sessions to build student confidence.
Funding Insights of WebAssign
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 WebAssign
WebAssign has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Cengage Learning. 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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Provider of education consulting services
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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 WebAssign
| 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 |
Financial Statements - WebAssign
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Webassign Comparisons
Competitors of WebAssign
WebAssign 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 Amplify, EVERFI, Carnegie Learning, Numerade and IXL Learning, 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 |
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| domain | founded_year | HQ Location |
High-quality K-12 curriculum and assessments are provided by Amplify.
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| domain | founded_year | HQ Location |
Online courses for workplace, higher, and school education are offered.
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| domain | founded_year | HQ Location |
Maths learning resources and curricula are provided for students.
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| domain | founded_year | HQ Location |
Provider of study assistance platform for students
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| domain | founded_year | HQ Location |
Personalized instruction in core subjects is delivered via subscriptions.
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| domain | founded_year | HQ Location |
Online platform providing learning solutions for school students
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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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Frequently Asked Questions about WebAssign
When was WebAssign founded?
WebAssign was founded in 1997.
Where is WebAssign located?
WebAssign is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.
What does WebAssign do?
WebAssign was established in 1997 in Raleigh, United States, as an online learning platform in the education sector. Tools for virtual learning environments are supplied, including step-by-step tutorials for platform purchase and access. Support services for students and instructors are maintained to facilitate operations across educational institutions.
Who are the top competitors of WebAssign?
What products or services does WebAssign offer?
WebAssign offers WebAssign Platform and Mastery Feature.
Who are WebAssign's investors?
WebAssign has 1 investor. Key investors include Cengage Learning.
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