WriteLab Overview
- Year Founded
-
2013
- Status
-
Acquired/Merged
- Employees
-
25
- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$14.5M
WriteLab General Information
Description
Provider of an AI-enhanced writing platform that teaches students grammar, sentence structure and writing style. The company's writing tool combines machine learning and natural language processing with proven pedagogical principles to identify patterns in writing, provide specific feedback, and suggest revisions, enabling students to revise, edit and improve their written work.
Contact Information
Website
www.writelab.comCorporate Office
- 2054 University Avenue
- Suite 600
- Berkeley, CA 94704
- United States
Corporate Office
- 2054 University Avenue
- Suite 600
- Berkeley, CA 94704
- United States
WriteLab Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Merger/Acquisition | 15-May-2018 | $14.5M | Completed | Generating Revenue | ||
| 3. Seed Round | 17-Jan-2017 | Completed | Generating Revenue | |||
| 2. Seed Round | 12-Nov-2015 | $2M | $2.56M | Completed | Startup | |
| 1. Seed Round | 25-Apr-2014 | $561K | $561K | Completed | Startup |
WriteLab Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed C | ||||||||
| Seed B | ||||||||
| Seed A | 1,546,175 | $0.001000 | $0.02 | $0.36 | $0.36 | 1x | $0.36 | 9.43% |
WriteLab Comparisons
Industry
Financing
Details
WriteLab Competitors (11)
One of WriteLab’s 11 competitors is ProWritingAid, a Corporation company based in Oxford, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| ProWritingAid | Corporation | Oxford, United Kingdom | ||||
| Turnitin | Private Equity-Backed | Oakland, CA | ||||
| Tectona. | Formerly VC-backed | Wilmington, DE | ||||
| PaperRater | Corporate Backed or Acquired | Cincinnati, OH | ||||
| Anri (Multimedia and Design Software) | Accelerator/Incubator Backed | Clonlara, Ireland |
WriteLab Signals
WriteLab Former Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Co.Lab | Accelerator/Incubator | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Kapor Capital | Venture Capital | Minority | ||
| Learn Capital | Venture Capital | Minority |
WriteLab FAQs
-
When was WriteLab founded?
WriteLab was founded in 2013.
-
Where is WriteLab headquartered?
WriteLab is headquartered in Berkeley, CA.
-
What is the size of WriteLab?
WriteLab has 25 total employees.
-
What industry is WriteLab in?
WriteLab’s primary industry is Educational Software.
-
Is WriteLab a private or public company?
WriteLab is a Private company.
-
What is the current valuation of WriteLab?
The current valuation of WriteLab is .
-
What is WriteLab’s current revenue?
The current revenue for WriteLab is .
-
How much funding has WriteLab raised over time?
WriteLab has raised $3.69M.
-
Who are WriteLab’s investors?
Co.Lab, , , Kapor Capital, and Learn Capital are 5 of 8 investors who have invested in WriteLab.
-
Who are WriteLab’s competitors?
ProWritingAid, Turnitin, Tectona., PaperRater, and Anri (Multimedia and Design Software) are some of the 11 competitors of WriteLab.
-
When was WriteLab acquired?
WriteLab was acquired on 15-May-2018.
-
Who acquired WriteLab?
WriteLab was acquired by Chegg.
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