Educational Options, Inc.

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Educational Options, Inc. - overview

Established

1997

Location

-, MN, US

Primary Industry

Software

About

Educational Options, Inc. is a leading provider of accredited online K–12 educational solutions, offering a diverse range of courses and services to enhance learning and engagement for students across various states in the U. S. Educational Options, Inc.


specializes in delivering online educational resources and solutions. The company was founded in 1997 and is headquartered in Bloomington, US. In November 2011, it was acquired by Plato Learning, a portfolio company of Thoma Bravo and HarbourVest. The founder's history is not publicly documented, and there are no mentions of previous companies.


EdOptions Academy is a fully accredited online educational platform that provides a comprehensive range of K–12 learning solutions designed to meet the diverse needs of students across various geographical markets including Virginia, California, Texas, and New York. The core offerings include over 500 courses that encompass core subjects, Advanced Placement (AP®), Career and Technical Education (CTE), and NCAA®-approved classes, all delivered by certified educators trained in virtual instruction. Their services are tailored to support in-district programs, independent study, and flexible virtual learning environments, which are critical in addressing challenges such as teacher shortages and declining enrollments. The company primarily serves school districts and educational institutions, aiming to enhance student engagement and retention through innovative instructional methods.


These products are designed to cater to a wide range of end-users, including K–12 students, educators, and school administrators, who seek to implement high-quality virtual learning experiences. EdOptions Academy generates revenue through partnerships and subscription-based models with educational institutions. Schools and districts typically enter into agreements to utilize EdOptions Academy’s extensive course offerings as part of their curriculum, which can include either a pay-per-course structure or a flat subscription fee for access to the entire suite of services. The transactions provide flexibility for schools, allowing them to scale their course offerings according to student demand and staffing capabilities.


Pricing plans accommodate various educational needs, ensuring accessibility for different types of learners, including those in independent study programs. As an accredited institution recognized by organizations such as Cognia® and the NCAA® Eligibility Center, EdOptions Academy ensures that the credits earned through its courses are transferable, adding value to the educational experience for both students and partnering institutions. Plans for future growth include the expansion of course offerings and development of new educational products aimed at enhancing the online learning experience. The company targets expansion into additional states and markets, focusing on areas with emerging educational needs.


Recent funding from the acquisition in November 2011 is poised to support these initiatives, allowing for the enhancement of technological infrastructure and course development.


Current Investors

Edmentum Inc.

Primary Industry

Software

Sub Industries

Education & Training Software

Website

www.edoptions.com

Verticals

EdTech

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Educational Options, Inc. - 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-onCompletedEducational Options, Inc.-

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