Practically Overview
- Year Founded
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2018
- Status
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Private
- Employees
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209
- Latest Deal Type
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Early Stage VC
- Latest Deal Amount
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$970K
- Investors
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9
Practically General Information
Description
Developer of an experiential learning system designed for immersive self-learning for students, teachers, and schools. The company uses patent-pending technology and includes life-like simulations, and augmented reality (AR) experiences that combine gamification techniques, immersive learning assets, test-prep, and AI-assisted study buddy in one compact cross-platform application, enabling educational organizations to bring learning alive and increase the rate of retention of concepts.
Contact Information
Website
www.practically.comCorporate Office
- House Number 8-2-293/82/A/233,234,235, Survey Number 403/1 (old) 120 (New)
- 4th Floor 2 & 3, Empire Square, Road Number 36, Jubliee Hills
- Hyderabad, Telangana 500034
- India
Corporate Office
- House Number 8-2-293/82/A/233,234,235, Survey Number 403/1 (old) 120 (New)
- 4th Floor 2 & 3, Empire Square, Road Number 36, Jubliee Hills
- Hyderabad, Telangana 500034
- India
Practically Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Early Stage VC | 07-Nov-2022 | $970K | Completed | Generating Revenue | ||
| 6. Early Stage VC (Series B) | Cancelled | Generating Revenue | ||||
| 5. Early Stage VC (Series 1) | 15-Dec-2021 | Completed | Generating Revenue | |||
| 4. Secondary Transaction - Private | 13-Aug-2021 | Completed | Generating Revenue | |||
| 3. Early Stage VC | 01-Dec-2020 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 20-Apr-2020 | $3.82M | $7.33M | Completed | Generating Revenue | |
| 1. Early Stage VC | 01-Aug-2019 | $3.51M | $3.51M | Completed | Generating Revenue |
Practically Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Preference | ||||||||
| Preference | ||||||||
| Pre-Series A CCPS | ||||||||
| Ordinary | ||||||||
| Ordinary | 2,968 | $0.133376 | $0.35 | $0.35 | 1x | $0.35 | 3.53% | |
| Ordinary | 1,800 | $0.133376 | $333.44 | $333.44 | 1x | $333.44 | 2.14% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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Practically Comparisons
Industry
Financing
Details
Practically Competitors (5)
One of Practically’s 5 competitors is Corinth, a Private Equity-Backed company based in Prague, Czech Republic.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Corinth | Private Equity-Backed | Prague, Czech Republic | ||||
| Vedantu | Venture Capital-Backed | Bengaluru, India | ||||
| BYJU'S | Formerly VC-backed | Bengaluru, India | ||||
| zSpace | Formerly VC-backed | San Jose, CA | ||||
| Toppr | Formerly VC-backed | Mumbai, India |
Practically Patents
Practically Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2023111778-A1 | A method and a system for perceptual learning with immersive and interactive content | Inactive | 13-Dec-2021 |
Practically Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Practically Investors (9)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Almoe Group of Companies | Corporation | Minority | ||
| Brand Capital | PE/Buyout | Minority | ||
| Earlsfield Capital | Venture Capital | Minority | ||
| NB Ventures | Venture Capital | Minority | ||
| Ncubate Capital Partners | Venture Capital | Minority |
Practically Acquisitions (1)
Practically’s most recent deal was a Merger/Acquisition with Foradian Technologies. The deal was made on 02-Mar-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Foradian Technologies | 02-Mar-2022 | Merger/Acquisition | Business/Productivity Software |
Practically Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Foradian Technologies | Bangalore, India | 2009 |
Practically FAQs
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When was Practically founded?
Practically was founded in 2018.
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Where is Practically headquartered?
Practically is headquartered in Hyderabad, India.
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What is the size of Practically?
Practically has 209 total employees.
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What industry is Practically in?
Practically’s primary industry is Educational Software.
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Is Practically a private or public company?
Practically is a Private company.
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What is Practically’s current revenue?
The current revenue for Practically is .
-
How much funding has Practically raised over time?
Practically has raised $16M.
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Who are Practically’s investors?
Almoe Group of Companies, Brand Capital, Earlsfield Capital, NB Ventures, and Ncubate Capital Partners are 5 of 9 investors who have invested in Practically.
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Who are Practically’s competitors?
Corinth, Vedantu, BYJU'S, zSpace, and Toppr are competitors of Practically.
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