About Wyzant
Wyzant is a company based in Chicago (United States) founded in 2005 was acquired by IXL Learning in February 2021.. Wyzant has raised $21.5 million across 1 funding round from investors including Accel, IXL Learning and Reinmkr Satsang. Wyzant has completed 1 acquisition, including Tutorspree. Wyzant offers products and services including Wyzant Platform. Wyzant operates in a competitive market with competitors including Knack, TakeLessons, HeyTutor, Kadama and TutorMe, among others.
- Headquarter Chicago, United States
- Stage Minicorn
-
Sectors
Education
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Wyzant, Inc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$21.5 M (USD)
in 1 rounds
-
Latest Funding Round
$21.5 M (USD), Series A
Dec 13, 2013
-
Investors
Accel
& 2 more
-
Employee Count
Employee Count
- Investments & Acquisitions
-
Acquired by
IXL Learning
(Feb 04, 2021)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Wyzant
Wyzant offers a comprehensive portfolio of products and services, including Wyzant Platform. 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.
Online system for booking and attending personalized tutoring sessions
Unlock access to complete
Software Development Team
128 people
Sales and Marketing
43 people
Creative and Marketing Team
43 people
Product Management Team
29 people
Senior Team
13 people
Associate Team
9 people
Leadership Team
8 people
Operations Team
5 people
Unlock access to complete
Funding Insights of Wyzant
Wyzant has successfully raised a total of $21.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $21.5 million completed in December 2013. 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 — $21.5M
-
First Round
First Round
(13 Dec 2013)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2013 | Amount | Series A - Wyzant | Valuation | Accel , Reinmkr Satsang |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Wyzant
Wyzant has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Accel, IXL Learning and Reinmkr Satsang. 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 |
|---|---|---|---|---|
|
Accel is recognized as a leading venture capital firm.
|
Founded Year | Domain | Location | |
|
High-frequency companies and products are invested in by Reinmkr Satsang.
|
Founded Year | Domain | Location | |
|
Personalized instruction in core subjects is delivered via subscriptions.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Wyzant
Wyzant has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Tutorspree. 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 |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Online instruction is provided by a network of independent tutors.
|
2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Wyzant
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wyzant Comparisons
Competitors of Wyzant
Wyzant 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 Knack, TakeLessons, HeyTutor, Kadama and TutorMe, 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 |
Local peer-to-peer tutoring is facilitated via mobile platform.
|
|
| domain | founded_year | HQ Location |
Marketplace for tutoring: in-person & online lessons
|
|
| domain | founded_year | HQ Location |
Online platform that allow learners to find and book K-12 tutors
|
|
| domain | founded_year | HQ Location |
Mobile-based platform providing tutor discovery solution
|
|
| domain | founded_year | HQ Location |
Online tutoring and writing feedback services are provided to students.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Wyzant
Frequently Asked Questions about Wyzant
When was Wyzant founded?
Wyzant was founded in 2005 and raised its 1st funding round 8 years after it was founded.
Where is Wyzant located?
Wyzant is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Who is the current CEO of Wyzant?
Paul Mishkin is the current CEO of Wyzant.
Is Wyzant a funded company?
Wyzant is a funded company, having raised a total of $21.5M across 1 funding round to date. The company's 1st funding round was a Series A of $21.5M, raised on Dec 13, 2013.
What does Wyzant do?
Founded in 2005 and based in Chicago, United States, Wyzant operates as an education marketplace connecting students and parents with instructors for personalized offline and online tutoring. The platform enables searches for local tutors and session bookings, while annual scholarships are offered to select students. Operations focus on academic subjects across various levels, serving users nationwide.
Who are the top competitors of Wyzant?
Wyzant's top competitors include Knack, HeyTutor and TakeLessons.
What products or services does Wyzant offer?
Wyzant offers Wyzant Platform.
How many acquisitions has Wyzant made?
Wyzant has made 1 acquisition, including Tutorspree.
Who are Wyzant's investors?
Wyzant has 3 investors. Key investors include Accel, IXL Learning, and Reinmkr Satsang.
What is Wyzant's valuation?
The valuation of Wyzant is $83M as of Dec 2013.