DIY Co.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

DIY Co. - overview

Established

2011

Location

San Francisco, CA-California, US

Primary Industry

Internet

About

DIY Co. is an innovative digital platform that empowers children to explore their creativity through hands-on projects, instructional resources, and a collaborative community. Founded in 2011 in San Francisco, US, DIY Co. specializes in fostering creativity among children through engaging projects.


The company has undergone significant growth since its inception and was recently acquired by littleBits Electronics Inc. in July 2018. The CEO is Bhavik Rathod, who has a history of entrepreneurship in tech-related ventures. DIY Co.


has successfully completed four funding rounds, with the latest being a funding of USD 4. 00 mn led by Learn Capital. DIY. ORG is a digital platform designed to empower children as creators and makers through a diverse array of interactive offerings.


The core product includes a subscription-based service that provides access to hands-on projects, instructional videos, and a vibrant community of young creators. Users can participate in various challenges that encompass skills such as illustration, painting, cooking, and mechanical engineering, which not only foster creativity but also encourage collaboration and peer feedback. The platform is tailored for children aged 5 to 13+, aiming to create an engaging environment where kids can independently explore and learn. The services are available primarily in North America and have seen expansion into other English-speaking markets, catering to a growing demographic of parents seeking educational and creative resources for their children.


DIY. ORG generates revenue primarily through a subscription model, where users pay for access to premium content and features. This structure allows for direct-to-consumer transactions, providing families with unlimited access to the platform's extensive library of creative activities and challenges. The revenue model may include various pricing plans that cater to different user needs, promoting engagement across diverse age groups.


While specific pricing details are not provided, the subscription is designed to offer significant value through its rich content and community features, including the ability to earn badges and showcase progress. The company’s focus on a safe and moderated environment supports its appeal to parents, thereby enhancing customer retention and fostering long-term relationships with its client base. The recent funding of USD 4. 00 mn will be utilized to enhance DIY.


ORG's product offerings and further expand its market reach. The company plans to develop new projects aimed at enriching the user experience, set to launch in 2023. Additionally, DIY Co. is looking to penetrate new markets, targeting regions within Europe and Asia by the end of 2024 to cater to a broader audience of young creators.


Current Investors

Kleiner Perkins, Founder Collective, Spark Capital Advisors (India) Private Limited

Primary Industry

Internet

Sub Industries

Education & Training Website, Education & Training Services, Social Networking & Communication Platform, Education & Training Software

Website

www.diy.org

Verticals

Mobile Apps

Company Stage

Add-on

Total Amount Raised

Subscriber access only

DIY Co. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedDIY Co.-
Unspecified RoundCompletedDIY Co.-
Series ACompletedDIY Co.-
SeedCompletedDIY Co.-

Displaying 1 - 4 of 4

DIY Co. - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.