Follett Overview

  • Year Founded
  • 1872

Year Founded

  • Status
  • Private

  • Employees
  • 5,291

Employees

  • Latest Deal Type
  • Debt

  • Financing Rounds
  • 6

  • Investments
  • 27

Follett General Information

Description

Provider of educational products and services designed to combine educational content, products, and technologies to prepare the next generation of learners and educators. The company provides education technology services as well as print and digital content to its customers, distributes new and pre-owned books, reference materials, digital resources, ebooks, audiovisual materials, books for libraries, classrooms, learning centers and schools, entertainment products, digital content, and multi-media and making it easier for schools to run, teachers to teach and students to learn.

Contact Information

Website
www.follett.com
Formerly Known As
J.W. Wilcox & Follett
Ownership Status
Privately Held (backing)
Financing Status
Private Equity-Backed
Corporate Office
  • 3 Westbrook Corporate Center
  • Westchester, IL 60154
  • United States
+1 (800)
Primary Industry
Education and Training Services (B2B)
Other Industries
Educational and Training Services (B2C)
Vertical(s)
E-Commerce, TMT
Corporate Office
  • 3 Westbrook Corporate Center
  • Westchester, IL 60154
  • United States
+1 (800)

Follett Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Follett Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Follett Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of educational products and services designed to combine educational content, products, and technologies to pre
Education and Training Services (B2B)
Westchester, IL
5,291 As of 2022

London, United Kingdom
 

New York, NY
 
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Follett Competitors (10)

One of Follett’s 10 competitors is BridgeU, a Formerly VC-backed company based in London, United Kingdom.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
BridgeU Formerly VC-backed London, United Kingdom
Macmillan Learning Venture Capital-Backed New York, NY
Houghton Mifflin Harcourt Private Equity-Backed Boston, MA
University of Phoenix Corporate Backed or Acquired Phoenix, AZ
Chegg Formerly VC-backed Santa Clara, CA
You’re viewing 5 of 10 competitors. Get the full list »

Follett Patents

  • 6

    Total Documents Applications and Grants

  • Total Patents Families

  • 2

    Granted

  • Pending

  • Expiring in next 12 mo

Follett Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20140032374-A1 Ebook management and fulfillment system Inactive 24-Jul-2012
US-20140033030-A1 Indexing and providing electronic publications in a networked computing environment Inactive 24-Jul-2012
US-8635520-B2 Systems and methods for collaboratively annotating electronic documents Inactive 02-Sep-2005
US-20100262659-A1 Systems and methods for collaboratively annotating electronic documents Active 02-Sep-2005
US-20070055926-A1 Systems and methods for collaboratively annotating electronic documents Active 02-Sep-2005 G06F16/93
To view Follett’s complete patent history, request access »

Follett Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Follett Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Follett Investments & Acquisitions (27)

Follett’s most recent deal was a Buyout/LBO with Dyehard Fan Supply. The deal was made on 09-Jan-2023.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Dyehard Fan Supply 09-Jan-2023 Buyout/LBO Specialty Retail
Willo Labs 17-Oct-2022 Buyout/LBO Educational Software
NextTier Education 14-Dec-2018 Merger/Acquisition Business/Productivity Software
Fishtree 12-Jul-2018 Merger/Acquisition Educational Software
ThinkCERCA 28-Aug-2017 Later Stage VC Educational and Training Services (B2C)
You’re viewing 5 of 27 investments and acquisitions. Get the full list »

Follett Exits (5)

Follett’s most recent exit was on 18-Apr-2016 from Baker & Taylor Publisher Services. The exit was categorized as .

Company Name Exit Date Exit Type Exit Size Status Buyers
Baker & Taylor Publisher Services 18-Apr-2016 Completed
Vocabulary.com 29-Jan-2015 Completed
  • 2 buyers
ClassOwl 22-Jul-2014 Completed
  • 7 buyers
ShowEvidence 11-Mar-2014 Completed
  • 3 buyers
CampusQuad 30-Oct-2013 Seed Round Completed
  • 2 buyers
To view Follett’s complete exits history, request access »

Follett Affiliates

Subsidiaries (5)

Name Industry Location Year Founded
Willo Labs Indianapolis, IN 2016
ValoreBooks Burlington, MA 2006
Advanced-Online Coppell, TX 1985
allCanes Coral Gables, FL 1959
Baker & Taylor Charlotte, NC 1827

Follett FAQs

  • When was Follett founded?

    Follett was founded in 1872.

  • Where is Follett headquartered?

    Follett is headquartered in Westchester, IL.

  • What is the size of Follett?

    Follett has 5,291 total employees.

  • What industry is Follett in?

    Follett’s primary industry is Education and Training Services (B2B).

  • Is Follett a private or public company?

    Follett is a Private company.

  • What is Follett’s current revenue?

    The current revenue for Follett is .

  • How much funding has Follett raised over time?

    Follett has raised $335M.

  • Who are Follett’s investors?

    JDH Capital (Texas), Jefferson River Capital, and Sopris Venture Capital have invested in Follett.

  • Who are Follett’s competitors?

    BridgeU, Macmillan Learning, Houghton Mifflin Harcourt, University of Phoenix, and Chegg are some of the 10 competitors of Follett.

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