Skooler
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Skooler - overview
Established
2014
Location
Moss, -, Norway
Primary Industry
Software
About
Skooler is an educational technology company that provides a robust learning management system integrated with Microsoft 365, aimed at enhancing student engagement and improving administrative efficiency in educational institutions. Founded in 2014 by Tor Henriksen, Skooler is headquartered in Moss, Norway. The company focuses on developing an innovative educational platform that assists schools and educational institutions in managing learning processes. In June 2016, Skooler secured USD 3.
00 mn in funding, led by Viking Growth, marking a significant milestone in its growth trajectory. The company has engaged in one major funding deal to date, which reflects continued investment interest in its educational solutions. Skooler specializes in a comprehensive educational platform that enhances the learning experience for students, teachers, and educational institutions. Their primary product is a learning management system (LMS) that integrates with Microsoft 365, allowing educators to efficiently create, share, and manage course content.
This platform addresses key educational challenges such as resource accessibility and communication, catering mainly to schools and institutions looking to improve classroom engagement. Skooler's products are marketed across North America, Europe, and parts of Asia, emphasizing a strategic approach to international market reach. In the most recent financial year, Skooler reported a revenue of USD 1,122,483. 80 with an EBITDA of USD -1,972,234.
10. Their revenue model is based on a subscription framework, providing educational institutions access to a full suite of LMS features, including course management and performance tracking, which promotes long-term partnerships with clients. Skooler plans to leverage the USD 3. 00 mn raised in June 2016 to enhance its product offerings and expand into new geographic regions.
The company is focused on launching new features within its LMS and aims to penetrate additional markets in Europe and Asia by 2024. These initiatives are designed to meet the evolving needs of educational institutions and further enhance user engagement.
Current Investors
Viking Growth
Primary Industry
Software
Sub Industries
Education & Training Software
Website
www.skooler.com
Verticals
EdTech
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Skooler - timeline of key events
Skooler - financials
| Fiscal Year Ended | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 1,949,258 | 781,104 | 88,847 | 192,872 | 6,144,078 | 5,777,209 | 6,254,342 | 7,217,638 | - | - | - |
| % Revenue Growth (YoY) | - | (59.9%) | (88.6%) | 117.1% | 3085.6% | (6.0%) | 8.3% | 15.4% | - | - | - |
| EBITDA (USD) | (180,583) | (46,650) | (213,358) | 37,807 | 589,902 | (10,637,067) | (13,237,181) | (14,856,271) | - | - | - |
| Operating Income (USD) | (195,583) | (46,650) | (213,358) | 37,807 | 580,320 | (10,724,320) | (14,412,101) | (17,675,076) | - | - | - |
| Operating Margin | (10.0%) | (6.0%) | (240.1%) | 19.6% | 9.4% | (185.6%) | (230.4%) | (244.9%) | - | - | - |
| % EBITDA Margin | (9.3%) | (6.0%) | (240.1%) | 19.6% | 9.6% | (184.1%) | (211.6%) | (205.8%) | - | - | - |
| NET Income (USD) | (201,708) | (54,410) | (213,813) | 37,616 | 660,385 | (8,298,457) | (11,685,368) | (13,880,697) | - | - | - |
| % Net Margin | (10.3%) | (7.0%) | (240.7%) | 19.5% | 10.7% | (143.6%) | (186.8%) | (192.3%) | - | - | - |
Skooler - employee data
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