Melvano Overview
- Year Founded
-
2018
- Status
-
Private
- Employees
-
12
- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
-
$159K
- Investors
-
8
Melvano General Information
Description
Developer of an educational learning platform designed to offer foundation courses, crash courses, test series, and personal mentoring. The company's platform uses artificial intelligence to find weaknesses and areas of concern in students and creates customized coursework, which helps them overcome these weaker points and reduces preparation time for exams, enabling students to enhance their chances of clearing competitive exams by improving their problem-solving skills with the help of customized courses and crash courses.
Contact Information
Website
www.melvano.comCorporate Office
- 3rd Floor, Aditya Towers, 23, Venkataswamy Naidu Road
- Shivaji Nagar
- Bengaluru, Karnataka 560051
- India
Corporate Office
- 3rd Floor, Aditya Towers, 23, Venkataswamy Naidu Road
- Shivaji Nagar
- Bengaluru, Karnataka 560051
- India
Melvano Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Later Stage VC | 16-Feb-2023 | $159K | Completed | Generating Revenue | ||
| 4. Seed Round | 06-Feb-2021 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 20-Aug-2020 | Completed | Generating Revenue | |||
| 2. Seed Round | 30-Dec-2019 | $28K | $39.7K | Completed | Startup | |
| 1. Seed Round | 08-Aug-2018 | $11.7K | $11.7K | Completed | Startup |
Melvano Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series Seed CCPS | ||||||||
| Preference | ||||||||
| Preference | 385 | $0.136791 | $72.84 | $72.84 | 1x | $72.84 | 3.05% | |
| CCPS | 870 | $0.136791 | $12.58 | $12.58 | 1x | $12.58 | 6.9% |
VC Exit Predictor
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Melvano Signals
Melvano Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Tyke | VC-Backed Company | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Indian Institute of Technology Madras Alumni Association | University | Minority | ||
| Angel (individual) | Minority |
Melvano FAQs
-
When was Melvano founded?
Melvano was founded in 2018.
-
Where is Melvano headquartered?
Melvano is headquartered in Bengaluru, India.
-
What is the size of Melvano?
Melvano has 12 total employees.
-
What industry is Melvano in?
Melvano’s primary industry is Educational Software.
-
Is Melvano a private or public company?
Melvano is a Private company.
-
What is Melvano’s current revenue?
The current revenue for Melvano is .
-
How much funding has Melvano raised over time?
Melvano has raised $391K.
-
Who are Melvano’s investors?
Tyke, , , Indian Institute of Technology Madras Alumni Association, and are 5 of 8 investors who have invested in Melvano.
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