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Acrobatiq

Acrobatiq
2013 FOUNDED
M&A STATUS
31-40 EMPLOYEES
M&A LATEST DEAL TYPE
Description

Developer of learning optimization platform designed to optimize teaching and learning. The company's platform offers online authoring tools, templates and assessment and content libraries that helps in the collaborative development of adaptive eLearning courses using original or curated content, enabling institutions to rapidly author, deliver, evaluate and continuously improve outcomes-based learning experiences that adapt to the needs of each learner.

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Educational Software
Other Industries
Application Software
Educational and Training Services (B2C)
Parent Company
Primary Office
  • 2100 Wharton
  • Suite 625
  • Pittsburgh, PA 15203
  • United States

+1 (877) 000-0000
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Acrobatiq Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 04-Sep-2018 000.00 Completed Generating Revenue
4. Early Stage VC 23-Nov-2016 000 000.00 Completed Startup
3. Early Stage VC (Series A) 27-Jan-2016 000.00 000.00 000.00 Completed Startup
2. Accelerator/Incubator 23-Sep-2014 Completed Startup
1. Angel (individual) 05-Dec-2013 Completed Startup
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Acrobatiq Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Series A 000,000 00.000000 00 000.00 000.00 00 000.00 00.000
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Acrobatiq Competitors (51)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Smart Sparrow Venture Capital-Backed Sydney, Australia 00 000.00 00000000000 000.00
0000 Accelerator/Incubator Backed Vallejo, CA 00 00.000 00000000000 00.000
0000000 Venture Capital-Backed Aventura, FL 000 000.00 00000000000 000.00
00000000 Venture Capital-Backed New York, NY 00 000.00 00000000000 000.00
000000 (0000000 00 Angel-Backed Gothenburg, Sweden 00 00000 0000000000 00000
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Acrobatiq Former Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Bill & Melinda Gates Foundation Not-For-Profit Venture Capital Minority 000 0000 000000 0
Carnegie Innovations Lender/Debt Provider Minority 000 0000 000000 0
Carnegie Mellon University University Minority 000 0000 000000 0
Draper Triangle Ventures Venture Capital Minority 000 0000 000000 0
Hearst Ventures Venture Capital Minority 000 0000 000000 0
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Acrobatiq Executive Team (14)

Name Title Board
Seat
Contact
Info
Richard Wonsettler Chief Financial Officer
Alison Pendergast Chief Marketing Officer & Chief Strategy Officer
Eric Frank Co-Founder, Chief Executive Officer, Vice President & General Manager
Michelle Neil Director, Products and Services
Chris Doran Director, Sales

4 Former Executives

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Acrobatiq Board Members (10)

Name Representing Role Since Contact
Info
Charles Kennedy Acrobatiq Board Member 000 0000
Farnam Jahanian Ph.D Self Board Member 000 0000
John Lehoczky Ph.D Self Board Member 000 0000
Rahim Rajan Acrobatiq Board Observer 000 0000
William Guttman Ph.D Self Co-Founder, Executive Chairman & Board Member 000 0000

5 Former Board Members

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