Echo360
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Echo360 - overview
Established
2007
Location
Youngstown, OH, US
Primary Industry
Software
About
Echo360, Inc. is a US-based provider of AI-powered learning solutions that enhance educational and business experiences through integrated technologies designed for improved engagement and effectiveness in learning environments. Echo360, Inc. was founded in 2007 in Youngstown, US.
The company specializes in learning engagement technologies, having pivoted its focus towards a comprehensive Learning Transformation Platform known as The Echosystem™, which integrates various educational tools. The company has not publicly disclosed any parent or subsidiary relationships. The CEO is Frederick Singer, who has previously been involved in founding and leading other technology enterprises. As of January 2022, Echo360 secured USD 15.
50 mn in VENTURE DEBT funding led by Runway Growth Capital, bringing the total amount raised to USD 3. 00 mn across 14 deals. Echo360 offers The Echosystem™, a learning transformation platform that includes core products such as EchoVideo for video management, EchoEngage for instructional tools, and EchoExam for assessments. EchoVideo enables the creation, management, and accessibility of video content across educational institutions and corporate training settings, serving diverse markets including North America, EMEA, and APAC, with clients in sectors like healthcare, manufacturing, and retail.
The revenue model for Echo360 primarily revolves around subscription services and partnerships with educational and corporate clients. Clients choose from various service tiers that include access to EchoVideo, EchoEngage, and EchoExam. The company has structured its pricing to accommodate B2B and direct-to-consumer markets, and specific pricing plans are determined based on client needs and configurations, allowing flexibility in service delivery. Echo360 plans to further develop its platform by integrating new educational technologies and features to enhance user experience.
The company aims to expand its presence in international markets, with specific targets set for the EMEA and APAC regions over the next three years. The recent funding received in January 2022 will support a strategic merger with Turning Technologies, LLC, aiming to redefine the learning engagement ecosystem and advance the development of their SaaS platform.
Current Investors
Centre Lane Partners, Revolution Ventures, Runway Growth Capital
Primary Industry
Software
Sub Industries
Education & Training Website, Education & Training Services, Colleges & Universities, Web Applications, Education & Training Software, Music & Video Streaming Software
Website
www.echo360.com
Verticals
EdTech
Total Amount Raised
Subscriber access only
Echo360 - 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 | GoReact | - | ||||||||
| Add-on, Trade Sale | Completed | Inkling Systems, Inc. | - | ||||||||
| Merger | Completed | Turning Technologies, LLC | - | ||||||||
| Growth | Completed | Echo360 | - |
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