Kidaptive Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Kidaptive Inc. - overview

Established

2012

Location

Redwood City, CA, US

Primary Industry

Software

About

Kidaptive Inc. specializes in educational technology solutions that enhance learning experiences for children through personalized and data-driven applications. Founded in 2012, Kidaptive Inc. operates from Redwood City, US, focusing on developing engaging learning platforms for children.


The company was acquired in March 2021 by McGraw Hill LLC, which is a portfolio company of Apollo Global Management. Dylan Arena serves as both the Founder and CEO of Kidaptive, leading its innovative strategy in educational technology. As of now, Kidaptive has secured a total of USD 10. 98 mn through its funding rounds, with its latest being the Series C round in March 2021 from investors including Formation8 and Woongjin ThinkBig.


The current company valuation is USD 98. 406 mn. Kidaptive Inc. provides a suite of educational technology tools designed to support children's learning through personalized experiences.


Their core offerings are focused on creating interactive learning applications that adapt to the individual needs of children, fostering engagement and growth through data-driven insights. The company addresses various educational challenges by equipping educators and parents with actionable insights to track progress and enhance learning outcomes. Kidaptive Inc. generates revenue primarily through subscription models and partnerships with educational institutions.


The company’s products are often integrated into school curriculums, providing access to innovative learning solutions that engage children and facilitate differentiated instruction. Pricing structures are tailored to meet the needs of various educational budgets, ensuring accessibility to their educational platforms. Following its acquisition in March 2021, Kidaptive plans to leverage resources from McGraw Hill LLC to expand its product offerings and enhance its market presence. The company aims to develop new educational technologies and applications designed to launch by the end of 2022, focusing on user engagement and adaptability.


Additionally, Kidaptive is targeting geographic expansion into North America and Latin America, aiming to solidify its footprint in these regions. The recent funding will support these growth initiatives, enabling the company to innovate and reach a broader audience.


Current Investors

Formation8, Woongjin ThinkBig, Menlo Ventures

Primary Industry

Software

Sub Industries

Education & Training Website, Education & Training Software, Analytics & Performance Software

Website

www.kidaptive.com

Verticals

Cloud Computing, EdTech, Mobile Apps

Company Stage

Series C

Total Amount Raised

Subscriber access only

Kidaptive 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-on, Trade SaleCompletedKidaptive Inc.-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.