DIY Co.
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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 Type | Deal Status | Target (s) | Deal Date | Investor(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 Sale | Completed | DIY Co. | - | ||||||||
| Unspecified Round | Completed | DIY Co. | - | ||||||||
| Series A | Completed | DIY Co. | - | ||||||||
| Seed | Completed | DIY Co. | - |
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DIY Co. - employee data


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