LetzConnect Overview
- Year Founded
-
2016
- Status
-
Private
- Employees
-
23
- Latest Deal Type
-
Accelerator/Inc
- Investors
-
3
LetzConnect General Information
Description
Developer of an an online collaborative platform designed to provide academic support to students and help them improve in studies. The company's platform focuses on future skills and offers a wide variety of content that builds on upskilling and right skilling, allows students to discover their potential, explore real-world opportunities, and boost their career, enabling students to interact with faculty, jobs, and internship opportunities.
Contact Information
Website
www.letzconnect.comCorporate Office
- Number 6, Knowledge House
- Kasthuri Rangan Road, Alwarpet
- Chennai, Tamil Nadu 600018
- India
Corporate Office
- Number 6, Knowledge House
- Kasthuri Rangan Road, Alwarpet
- Chennai, Tamil Nadu 600018
- India
LetzConnect Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Accelerator/Incubator | 01-Jul-2021 | Completed | Generating Revenue | |||
| 3. Seed Round | 08-Jun-2019 | Completed | Generating Revenue | |||
| 2. Angel (individual) | 30-Oct-2017 | $345K | $617K | Completed | Startup | |
| 1. Angel (individual) | 31-Dec-2016 | $272K | $272K | Completed | Startup |
LetzConnect Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| CCPS | ||||||||
| Ordinary | ||||||||
| CCPS | ||||||||
| Ordinary | 36,000 | $0.143065 | $3.58 | $3.58 | 1x | $3.58 | 2.35% | |
| CCPS | 81,923 | $0.143065 | $3.22 | $3.22 | 1x | $3.22 | 5.35% |
LetzConnect Comparisons
Industry
Financing
Details
LetzConnect Competitors (43)
One of LetzConnect’s 43 competitors is extern, a Venture Capital-Backed company based in New York, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| extern | Venture Capital-Backed | New York, NY | ||||
| upGrad | Venture Capital-Backed | Mumbai, India | ||||
| Edureka | Formerly VC-backed | Bengaluru, India | ||||
| Yanka Industries | Venture Capital-Backed | San Francisco, CA | ||||
| Leverage Edu | Venture Capital-Backed | London, United Kingdom |
LetzConnect Signals
LetzConnect Investors (3)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Cisco LaunchPad | Accelerator/Incubator | |||
| Obopay | Corporation | Minority | ||
| SucSEED Venture Partners | Angel Group | Minority |
LetzConnect FAQs
-
When was LetzConnect founded?
LetzConnect was founded in 2016.
-
Where is LetzConnect headquartered?
LetzConnect is headquartered in Chennai, India.
-
What is the size of LetzConnect?
LetzConnect has 23 total employees.
-
What industry is LetzConnect in?
LetzConnect’s primary industry is Educational Software.
-
Is LetzConnect a private or public company?
LetzConnect is a Private company.
-
What is LetzConnect’s current revenue?
The current revenue for LetzConnect is .
-
How much funding has LetzConnect raised over time?
LetzConnect has raised $1.62M.
-
Who are LetzConnect’s investors?
Cisco LaunchPad, Obopay, and SucSEED Venture Partners have invested in LetzConnect.
-
Who are LetzConnect’s competitors?
extern, upGrad, Edureka, Yanka Industries, and Leverage Edu are some of the 43 competitors of LetzConnect.
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