StudyPad, Inc.
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StudyPad, Inc. - overview
Established
2011
Location
San Francisco, CA, US
Primary Industry
Education/Training
About
StudyPad, Inc. is an educational technology firm providing engaging, game-based learning resources that help children from Pre-Kindergarten to Grade 5 excel in math and English through interactive and personalized experiences. Founded in 2011 and headquartered in San Francisco, US, StudyPad, Inc. operates as a standalone entity without subsidiaries.
The company is led by founder and CEO Arpit Jain, who has an extensive background in educational technology. StudyPad raised USD 18. 00 mn in Series C funding on February 9, 2021, led by Owl Ventures, with participation from Accel. This funding round brought the total amount raised by the company to USD 18.
00 mn. StudyPad offers a comprehensive, game-based learning platform called SplashLearn, providing over 8,000 interactive games and activities aligned with educational curricula for Pre-K to Grade 5. The platform focuses on enhancing foundational skills in math and English, targeting a wide audience of parents, teachers, and educational institutions, and is accessible on multiple devices including iPads and desktops. In 2020, StudyPad reported a revenue of USD 5,929,000 and an EBITDA of USD 995,812.
4. The company operates on a subscription-based model, offering pricing plans for families starting at USD 7. 49 per month, along with free access for teachers to facilitate classroom use. Following the Series C funding round in February 2021, StudyPad, Inc.
plans to utilize the USD 18. 00 mn investment to scale its new vertical tutoring services. The company aims to expand its market reach and enhance its product offerings, focusing on launching new educational resources and entering additional geographic markets to further support educational needs.
Current Investors
Accel, OWL Ventures
Primary Industry
Education/Training
Sub Industries
Education & Training Services, Education & Training Website, Gaming, Education & Training Software
Website
www.splashlearn.com
Verticals
Artificial Intelligence, EdTech, Mobile Apps
Company Stage
Series C
Total Amount Raised
Subscriber access only
StudyPad, Inc. - financials
| Fiscal Year Ended | Mar 31, 2012 | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 8,185,991 | 21,306,085 | 47,305,757 | 59,710,677 | 80,200,000 | 92,000,000 | - | - | - |
| % Revenue Growth (YoY) | - | 160.3% | 122.0% | 26.2% | 34.3% | 14.7% | - | - | - |
| EBITDA (USD) | 192,668 | 776,605 | 7,342,032 | 11,956,742 | 14,989,166 | 14,243,469 | - | - | - |
| Operating Income (USD) | 81,527 | 414,546 | 6,478,624 | 10,002,505 | 14,114,129 | 13,533,837 | - | - | - |
| Operating Margin | 1.0% | 1.9% | 13.7% | 16.8% | 17.6% | 14.7% | - | - | - |
| % EBITDA Margin | 2.4% | 3.6% | 15.5% | 20.0% | 18.7% | 15.5% | - | - | - |
| NET Income (USD) | 88,276 | 389,773 | 4,452,327 | 6,519,149 | 8,647,813 | 8,676,708 | - | - | - |
| % Net Margin | 1.1% | 1.8% | 9.4% | 10.9% | 10.8% | 9.4% | - | - | - |
StudyPad, Inc. - employee data
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