Craft Education Overview
- Year Founded
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2020
- Status
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Acquired/Merged
- Employees
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45
- Latest Deal Type
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M&A
Craft Education General Information
Description
Developer of a digital platform designed to connect employers and job-relevant degrees. The company's platform provides the tracking and analytics to help translate on-the-job experience into industry-recognized credentials and data that colleges and universities can use to award education credit, credentials, and degrees, enabling clients and corporations to leverage existing professional experience to credential, along with opportunities for career development.
Contact Information
Website
www.crafteducation.com(Operating Subsidiary)
Corporate Office
- 4001 South 700 East
- Suite 700
- Salt Lake City, UT 84107
- United States
Corporate Office
- 4001 South 700 East
- Suite 700
- Salt Lake City, UT 84107
- United States
Craft Education Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Merger/Acquisition | 05-Sep-2024 | Completed | Generating Revenue | |||
| 3. Early Stage VC | 01-Mar-2023 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 01-Jan-2021 | $8M | $9.5M | Completed | Startup | |
| 1. Seed Round | $1.5M | $1.5M | Completed | Startup |
Craft Education Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed-1 | ||||||||
| Series A | ||||||||
| Seed | 2,378,565 | $0.000100 | $0.63 | $0.63 | 1x | $0.63 | 8.73% |
Craft Education Related Research & Analysis
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Majestic Referring Domains
Craft Education Former Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Deepwater Asset Management | Hedge Fund | Minority | ||
| ECMC Group - Education Impact Fund | Impact Investing | Minority | ||
| JFFVentures | Impact Investing | Minority | ||
| One World | Impact Investing | Minority | ||
| Rethink Capital Partners | Asset Manager | Minority |
Craft Education FAQs
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When was Craft Education founded?
Craft Education was founded in 2020.
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Where is Craft Education headquartered?
Craft Education is headquartered in Salt Lake City, UT.
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What is the size of Craft Education?
Craft Education has 45 total employees.
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What industry is Craft Education in?
Craft Education’s primary industry is Business/Productivity Software.
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Is Craft Education a private or public company?
Craft Education is a Private company.
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What is Craft Education’s current revenue?
The current revenue for Craft Education is .
-
How much funding has Craft Education raised over time?
Craft Education has raised $12.6M.
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Who are Craft Education’s investors?
Deepwater Asset Management, ECMC Group - Education Impact Fund, JFFVentures, One World, and Rethink Capital Partners are 5 of 6 investors who have invested in Craft Education.
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When was Craft Education acquired?
Craft Education was acquired on 05-Sep-2024.
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Who acquired Craft Education?
Craft Education was acquired by WGU Labs.
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