School Parrot AB
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School Parrot AB - overview
Established
2018
Location
Stockholm, -, Sweden
Primary Industry
Internet
About
School Parrot AB is a Swedish company that operates an online platform for aggregating reviews and opinions about schools, enhancing the decision-making process for students, parents, and educators. Founded in 2018 in Stockholm, Sweden, School Parrot AB focuses on providing a platform that aggregates user feedback on educational institutions. The company was co-founded by Eric Gisaeus and Sebastian Öblom. In May 2019, School Parrot raised SEK 5 million in venture funding from Magnentus Capital, marking its only funding round to date, with a total amount raised of SEK 5 million.
Eric Gisaeus also serves as the CEO. School Parrot's core offering centers around an online platform that aggregates reviews and opinions concerning schools throughout Sweden. The platform enables users—primarily students, parents, and educators—to access, contribute, and evaluate feedback on various educational institutions. This service addresses the need for transparent and accessible information about schools, thereby assisting families in making informed decisions regarding education.
School Parrot operates in the Swedish market, specifically targeting regions with high concentrations of educational institutions, such as urban centers. By facilitating a direct exchange of insights, the platform enhances the understanding of school environments and educational quality among its end users. For the year 2024, School Parrot reported a revenue of SEK 74,967. 4 and an EBITDA of SEK 36,559.
8. The company generates revenue through a subscription model that allows educational institutions and other stakeholders to access detailed analytics and insights derived from user-generated content. Clients, which include schools and educational organizations, engage with the platform to enhance their visibility and reputation based on community feedback. This transaction structure fosters a direct relationship between School Parrot and its clients, who benefit from data-driven insights to improve their offerings.
Additionally, partnerships with educational entities may be established to promote the platform and its services further, contributing to the overall revenue stream. School Parrot AB is focused on further enhancing its platform by designing upcoming new features aimed at improving user interactions and analytics capabilities. The recent funding of SEK 5 million raised in May 2019 will support the development of these new offerings. The company is also looking to expand into additional markets beyond Sweden, targeting other Nordic countries by 2025.
These efforts are aimed at increasing the platform's reach and impact within the educational sector.
Current Investors
Magnentus Capital
Primary Industry
Internet
Sub Industries
Search Engines, Web Applications, Information Services
Website
www.schoolparrot.se
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
School Parrot AB - financials
| Fiscal Year Ended | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | 17,916 | 221,474 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | 1136.2% | - | - | - |
| EBITDA (USD) | (894,569) | (2,327,540) | (2,644,330) | (2,528,929) | - | - | - |
| Operating Income (USD) | (894,569) | (2,329,834) | (2,646,624) | (2,531,223) | - | - | - |
| Operating Margin | - | - | (14772.4%) | (1142.9%) | - | - | - |
| % EBITDA Margin | - | - | (14759.6%) | (1141.9%) | - | - | - |
| NET Income (USD) | (894,571) | (2,330,467) | (2,647,082) | (2,530,815) | - | - | - |
| % Net Margin | - | - | (14775.0%) | (1142.7%) | - | - | - |

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