NoRedInk Overview
- Year Founded
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2012
- Status
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Private
- Employees
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151
- Latest Deal Type
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2ndary - Private
- Investors
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30
NoRedInk General Information
Description
Developer of a web-based learning platform designed to improve the grammar and writing skills of young students. The company's platform generates a set of questions based on topics from sports teams to TV shows to pop icons, identifies grammatical and other errors in the answers provides appropriate tutorials and follow-up exercises, and offers teachers a detailed breakdown of each student's strengths and weaknesses, enabling fresh talents to improve their writing skills in a way that's engaging and authentic as compared to the traditional method of relying solely on study materials.
Contact Information
Website
www.noredink.comCorporate Office
- 442 North Barranca Avenue
- Suite 153
- Covina, CA 91723
- United States
Corporate Office
- 442 North Barranca Avenue
- Suite 153
- Covina, CA 91723
- United States
NoRedInk Timeline
NoRedInk Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Secondary Transaction - Private | 24-May-2022 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series B) | 24-Aug-2021 | Completed | Generating Revenue | |||
| 5. Debt - PPP | 30-Jun-2020 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series A1) | 22-Mar-2018 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 01-Jan-2016 | Completed | Generating Revenue | |||
| 2. Seed Round | Completed | Startup | ||||
| 1. Grant | 01-Sep-2012 | $75K | Completed | Startup |
NoRedInk Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A1 | ||||||||
| Series A | 7,554,123 | $0.000010 | $0.09 | $1.14 | $1.14 | 1x | $1.14 | 24.37% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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NoRedInk Comparisons
Industry
Financing
Details
NoRedInk Competitors (16)
One of NoRedInk’s 16 competitors is Quill (Educational Software), 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 |
|---|---|---|---|---|---|---|
| Quill (Educational Software) | Venture Capital-Backed | New York, NY | ||||
| MasterClass | Venture Capital-Backed | San Francisco, CA | ||||
| Codecademy | Formerly VC-backed | New York, NY | ||||
| Age of Learning | Private Equity-Backed | Glendale, CA | ||||
| ClassDojo | Venture Capital-Backed | San Francisco, CA |
NoRedInk Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
NoRedInk Patents
NoRedInk Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20190087404-A1 | System and method for implementing a proficiency-driven feedback and improvement platform | Active | 16-Sep-2017 | ||
| US-20200134260-A1 | System and method for implementing a proficiency-driven feedback and improvement platform | Inactive | 16-Sep-2017 | ||
| US-10565304-B2 | System and method for implementing a proficiency-driven feedback and improvement platform | Active | 16-Sep-2017 | G06F40/253 |
NoRedInk Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
NoRedInk Investors (30)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Fresco Capital | Venture Capital | Minority | ||
| MVC (New York) | Venture Capital | Minority | ||
| Reach Capital | Venture Capital | Minority | ||
| Red House Education | Venture Capital | Minority | ||
| Susquehanna Growth Equity | Growth/Expansion | Minority |
NoRedInk FAQs
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When was NoRedInk founded?
NoRedInk was founded in 2012.
-
Where is NoRedInk headquartered?
NoRedInk is headquartered in Covina, CA.
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What is the size of NoRedInk?
NoRedInk has 151 total employees.
-
What industry is NoRedInk in?
NoRedInk’s primary industry is Educational and Training Services (B2C).
-
Is NoRedInk a private or public company?
NoRedInk is a Private company.
-
What is NoRedInk’s current revenue?
The current revenue for NoRedInk is .
-
How much funding has NoRedInk raised over time?
NoRedInk has raised $62M.
-
Who are NoRedInk’s investors?
Fresco Capital, MVC (New York), Reach Capital, Red House Education, and Susquehanna Growth Equity are 5 of 30 investors who have invested in NoRedInk.
-
Who are NoRedInk’s competitors?
Quill (Educational Software), MasterClass, Codecademy, Age of Learning, and ClassDojo are some of the 16 competitors of NoRedInk.
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