Blue Canoe Overview
- Year Founded
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2016
- Status
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Private
- Employees
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10
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$500K
- Investors
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9
Blue Canoe General Information
Description
Developer of an artificial intelligence-driven English language learning application designed for non-native speakers to improve their speaking, listening, and reading proficiency. The company's platform incorporates speech recognition technology, a scientifically-backed color-based vowel training system, daily vocabulary-building exercises, practical listening and reading comprehension activities, and real-time pronunciation feedback, enabling professionals, students, educators, and organizations to systematically develop and enhance their English communication skills across workplace and academic settings.
Contact Information
Website
www.bluecanoelearning.comCorporate Office
- 9466 Georgia Avenue
- Silver Spring, MD 20902
- United States
Corporate Office
- 9466 Georgia Avenue
- Silver Spring, MD 20902
- United States
Blue Canoe Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Later Stage VC | 18-Sep-2024 | $500K | Completed | Generating Revenue | ||
| 5. Debt - PPP | 14-Apr-2020 | Completed | Generating Revenue | |||
| 4. Seed Round | 10-Oct-2019 | Completed | Generating Revenue | |||
| 3. Seed Round | 04-Mar-2019 | Completed | Product In Beta Test | |||
| 2. Angel (individual) | 01-Sep-2018 | $600K | $2M | Completed | Product In Beta Test | |
| 1. Accelerator/Incubator | 26-Oct-2017 | $1.4M | $1.4M | Completed | Startup |
Blue Canoe Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed 1 | ||||||||
| Seed |
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Opportunity Score
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Blue Canoe Comparisons
Industry
Financing
Details
Blue Canoe Competitors (1)
One of Blue Canoe’s competitors is Elsa AI, a Venture Capital-Backed company based in Wilmington, DE.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Elsa AI | Venture Capital-Backed | Wilmington, DE |
Blue Canoe Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Blue Canoe Patents
Blue Canoe Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-3756178-A1 | Systems and methods for automatically integrating a machine learning component to improve a spoken language skill of a speaker | Inactive | 13-Mar-2018 | ||
| WO-2019178125-A1 | Systems and methods for automatically integrating a machine learning component to improve a spoken language skill of a speaker | Inactive | 13-Mar-2018 | ||
| JP-2021516770-A | Systems and methods for automatically integrating machine learning elements to improve the speaker's spoken language skills | Pending | 13-Mar-2018 | ||
| US-20190189026-A1 | Systems and methods for automatically integrating a machine learning component to improve a spoken language skill of a speaker | Inactive | 25-Jun-2017 | G09B19/04 |
Blue Canoe Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Blue Canoe Investors (9)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Flybridge (New York) | Venture Capital | Minority | ||
| Fantail Ventures | Venture Capital | Minority | ||
| Kayne Darby Kelt | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Olima Ventures | Venture Capital | Minority |
Blue Canoe FAQs
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When was Blue Canoe founded?
Blue Canoe was founded in 2016.
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Where is Blue Canoe headquartered?
Blue Canoe is headquartered in Silver Spring, MD.
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What is the size of Blue Canoe?
Blue Canoe has 10 total employees.
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What industry is Blue Canoe in?
Blue Canoe’s primary industry is Educational Software.
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Is Blue Canoe a private or public company?
Blue Canoe is a Private company.
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What is Blue Canoe’s current revenue?
The current revenue for Blue Canoe is .
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How much funding has Blue Canoe raised over time?
Blue Canoe has raised $6M.
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Who are Blue Canoe’s investors?
Flybridge (New York), Fantail Ventures, Kayne Darby Kelt, , and Olima Ventures are 5 of 9 investors who have invested in Blue Canoe.
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Who are Blue Canoe’s competitors?
Elsa AI is a competitor of Blue Canoe.
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