Illuminate Education, Inc.
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Illuminate Education, Inc. - overview
Established
2009
Location
Irvine, CA, US
Primary Industry
Software
About
Illuminate Education, Inc. is a US-based company specializing in data-driven solutions for K-12 educational institutions, focusing on holistic student assessment and support to improve educational outcomes. Founded in 2009 and headquartered in Irvine, US, Illuminate Education, Inc. offers comprehensive assessment tools for educational institutions.
The company was acquired by Renaissance Learning, Inc. in August 2022, enhancing their assessment capabilities. Notable founders include Gilda Scarfe and Valentina Gómez. The company has achieved total funding of USD 26.
50 mn, with the latest funding round being a GROWTH round led by Insight Partners in 2022. Illuminate Education specializes in providing comprehensive data-driven solutions for K-12 educational institutions, focusing on a whole child approach. Their core offerings include a suite of assessment tools designed for universal screening and progress monitoring in academics and social-emotional behavior (SEB). These tools enable educators to accurately evaluate student performance, identify individual learning needs, and implement targeted interventions, thus driving school improvement and equitable growth.
Illuminate's clients include school districts and educational institutions across the United States, serving over 17 million students in 5,200 schools and districts in all 50 states. Their products are tailored to a diverse client base ranging from administrators to teachers, ensuring a holistic approach to student assessment and support. Illuminate Education generates revenue through a subscription-based model, where educational institutions pay for access to their suite of assessment and management tools. This model typically involves annual contracts that provide access to various features, including interactive reporting, data visualization, and intervention recommendations.
Clients may purchase multiple products or services, integrating them into their existing curricula and analytics frameworks. The company's flagship offerings, such as their assessments for dyslexia screening and social-emotional behavior, are key components of their revenue stream. Through partnerships and direct engagement with school districts, Illuminate Education aligns its pricing and services to meet the evolving needs of the educational market. Post-acquisition, Illuminate Education plans to leverage its expertise to enhance assessment capabilities further and expand into new markets.
The recent acquisition by Renaissance Learning, Inc. will support these initiatives, particularly in enhancing assessment features for educators. The company is likely to focus on the development of new products that align with the educational market's evolving needs, although specific release dates have not been disclosed.
Current Investors
Renaissance Learning, Inc., Insight Partners
Primary Industry
Software
Sub Industries
Education & Training Software, Application Integration Software, Analytics & Performance Software
Website
www.illuminateed.com
Verticals
Cloud Computing, EdTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Illuminate Education, Inc. - 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 | Completed | Illuminate Education, Inc. | - | ||||||||
| Add-on | Completed | FastBridge Learning, LLC | - | ||||||||
| Growth | Completed | Illuminate Education, Inc. | - |
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