Imagine Learning LLC
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Imagine Learning LLC - overview
Established
2010
Location
Tempe, AZ, US
Primary Industry
Education/Training
About
Imagine Learning LLC is a US-based educational technology company that provides a diverse range of digital learning solutions aimed at improving K–12 educational outcomes. Founded in 2010 and headquartered in Tempe, US, Imagine Learning LLC specializes in educational products and services. The company was established by Aleisha House, Jay King, and Susan Preator, with Jonathan Grayer serving as the CEO. In a recent strategic move, the company secured USD 925.
00 mn in a BUYOUT round led by Silver Lake on February 1, 2021, bringing the total amount raised to USD 925. 00 mn. The company has completed three funding deals to date. Imagine Learning focuses on delivering a comprehensive suite of educational products and solutions designed to enhance learning outcomes for K–12 students.
Their core offerings include Dragonfly, a K–5 literacy solution rooted in the science of reading that engages young learners through immersive storytelling and knowledge-rich content. Additional products include Imagine Language & Literacy, Imagine Sonday System, and Imagine MyPath, each tailored to address various aspects of literacy and numeracy. The company also offers specialized services, such as instructional support and tutoring through Imagine School Services and Imagine EdgeEX. Imagine Learning serves over 38,000 schools across the United States, impacting approximately 18 million students and 2 million educators.
Imagine Learning generates revenue primarily through subscription-based models, where educational institutions purchase access to their various digital learning platforms and resources. Schools and districts typically engage with the company by entering into multi-year contracts, which include a combination of core products and supplemental services. The revenue structure often involves tiered pricing plans based on the number of users and the extent of services provided. Flagship products like Dragonfly and Imagine EdgeEX comprise significant segments of their revenue stream, with transactions structured to facilitate ongoing support and professional development for effective product integration within school curricula.
As of February 2021, Imagine Learning is poised for growth with plans to enhance its product lineup and expand into new markets. The recent funding from the BUYOUT round will be utilized to support the development of innovative educational products and to increase market presence in previously untapped regions. Specific plans include targeting expansion in urban areas across California, Texas, Florida, and New York, aiming to broaden access to their educational solutions. The company’s management is focused on leveraging this funding to also enhance existing offerings, ensuring they continue to meet evolving educational needs.
Current Investors
Silver Lake, Onex
Primary Industry
Education/Training
Sub Industries
Education & Training Website, Analytics & Performance Software, Education & Training Software
Website
www.weldnortheducation.com
Verticals
Cloud Computing, EdTech
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Imagine Learning LLC - 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 | Twig Education Inc. | - | ||||||||
| Growth | Completed | Imagine Learning LLC | - | ||||||||
| Add-on | Completed | Prep, Inc. | - | ||||||||
| Add-on, Trade Sale | Completed | LearnZillion, Inc. | - | ||||||||
| Add-on | Completed | Assessment Technology, Inc. | - |
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