About Wise
Wise is a company based in Bengaluru (India) founded in 2020 by Mubeen Masudi and Bilal Abidi. It operates as a SaaS (Software-as-a-Service). Wise has raised $5 million across 1 funding round from investors including James Beshara, Weekend Fund and Shrug Capital. The company has 23 employees as of April 09, 2024. Wise offers products and services including One-on-One Tutoring, Group Tutoring, and Self Paced Courses. Wise operates in a competitive market with competitors including Hotmart, Kajabi, Classplus, Thinkific and CYPHER LEARNING, among others.
- Headquarter Bengaluru, India
- Employees 23 as on 09 Apr, 2024
- Founders Mubeen Masudi, Bilal Abidi
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Sectors
Education
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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 Wise Leap Technologies, Inc
- Date of Incorporation 21 Aug, 2020
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$919.82 K (USD)25.88as on Mar 31, 2023
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Net Profit
$63.8 K (USD)27.59as on Mar 31, 2023
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EBITDA
$198.77 K (USD)21.93as on Mar 31, 2023
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Total Equity Funding
$5 M (USD)
in 1 rounds
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Latest Funding Round
$5 M (USD), Series A
Jan 27, 2022
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Investors
Weekend Fund
& 7 more
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Employee Count
23
as on Apr 09, 2024
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Products & Services of Wise
Wise offers a comprehensive portfolio of products and services, including One-on-One Tutoring, Group Tutoring, and Self Paced Courses.
Software for managing individual tutoring sessions effectively.
Platform supporting management of group tutoring sessions.
Tool for creating and managing self-paced learning.
Funding Insights of Wise
Wise has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in January 2022. 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 1
- Last Round Series A — $5.0M
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First Round
First Round
(27 Jan 2022)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series A - Wise | Valuation | James Beshara |
Investors in Wise
Wise has secured backing from 8 investors, including angel and venture fund investors. Prominent investors backing the company include James Beshara, Weekend Fund and Shrug Capital.
| Investor | Description | Founded Year | Domain | Location |
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Micro-venture capital fund investing in multiple sectors
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Founded Year | Domain | Location | |
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Consumer funds are targeted by this venture capital firm.
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Founded Year | Domain | Location | |
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Micro VC fund investing in early stage startups
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Founded Year | Domain | Location |
Investments & Acquisitions by Wise
Financial Statements - Wise
Wise Comparisons
Competitors of Wise
Wise 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 Hotmart, Kajabi, Classplus, Thinkific and CYPHER LEARNING, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based eCommerce solution that enables merchants to sell digital products
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| domain | founded_year | HQ Location |
Cloud-based software solution to create online courses
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| domain | founded_year | HQ Location |
White-label online coaching platform is provided for educators.
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| domain | founded_year | HQ Location |
Online academies are built for courses, products, and communities.
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| domain | founded_year | HQ Location |
Provider of cloud and app-based learning management system for schools and corporates
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| domain | founded_year | HQ Location |
Cloud-based course creation platform
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Latest news on Wise
Frequently Asked Questions about Wise
Wise was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Wise is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Wise is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on Jan 27, 2022.
As of Apr 09, 2024, the latest employee count at Wise is 23.
Annual revenue of Wise is $919.82K as on Mar 31, 2023.
Wise is developed as an all-in-one tutor management software for tutoring businesses. It is utilized to streamline scheduling, invoicing, student and tutor management, and payments. The platform is designed to support various educational sectors including online schools, language schools, music schools, corporate training, and test preparation. Solutions are provided for one-on-one and group tutoring with features like automated scheduling, AI-powered performance reports, secure in-platform communication, and branded mobile apps. Integration with tools like Zoom and Google Calendar is facilitated to enhance user experience and operational efficiency.
Wise offers One-on-One Tutoring, Group Tutoring, and Self Paced Courses.
Wise has 8 investors. Key investors include James Beshara, Weekend Fund, Shrug Capital, Remote First Capital, and William Hockey.