Practice Overview

  • Year Founded
  • 2011

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 21

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $19.7M

Practice General Information

Description

Developer of an interactive video learning platform designed to scale the development of skills that require practice to learn and demonstration to assess. The company's platform creates a scalable means for teams to frequently practice skills and receive meaningful, timely feedback through the power of peer-to-peer video assessment and coaching, enabling organizations to build and sustain continuous learning cultures that increase competence and confidence and fuel innovation.

Contact Information

Website
www.practice.xyz
Formerly Known As
ApprenNet
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 1007 East Abington Avenue
  • Wyndmoor, PA 19038
  • United States
+1 (415)
Primary Industry
Educational Software
Acquirer
Instructure
Vertical(s)
SaaS, Impact Investing, TMT, EdTech
Corporate Office
  • 1007 East Abington Avenue
  • Wyndmoor, PA 19038
  • United States
+1 (415)

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Practice Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Merger/Acquisition 01-Nov-2017 $19.7M Completed Generating Revenue
9. Later Stage VC 08-Sep-2017 Completed Generating Revenue
8. Early Stage VC (Series A) 22-Sep-2016 Completed Startup
7. Seed Round 01-Sep-2015 Completed Startup
6. Accelerator/Incubator Completed Startup
5. Accelerator/Incubator 17-Apr-2014 Completed Startup
4. Grant 10-Dec-2013 Completed Startup
3. Accelerator/Incubator 23-Sep-2013 Completed Startup
2. Grant 24-Jul-2012 $500K $75K Completed Startup
1. Angel (individual) 03-Oct-2011 $75K $75K Completed Startup
To view Practice’s complete valuation and funding history, request access »

Practice Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A2
Series A1
Seed 20,000,000 $0.000100 8% $0.1 $0.1 1x $0.1 22.29%
To view Practice’s complete cap table history, request access »

Practice Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an interactive video learning platform designed to scale the development of skills that require practice to
Educational Software
Wyndmoor, PA
21 As of 2018

Amsterdam, Netherlands
 

Loveland, CO
 
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Practice Competitors (11)

One of Practice’s 11 competitors is Squla, a Private Equity-Backed company based in Amsterdam, Netherlands.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Squla Private Equity-Backed Amsterdam, Netherlands
Bongo (Educational Software) Venture Capital-Backed Loveland, CO
BizLibrary Venture Capital-Backed Chesterfield, MO
QStream Venture Capital-Backed Burlington, MA
MindTickle Venture Capital-Backed San Francisco, CA
You’re viewing 5 of 11 competitors. Get the full list »

Practice Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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Practice Former Investors (16)

Investor Name Investor Type Holding Investor Since Participating Rounds
76fwd VC-Backed Company Minority
Abbhi Capital PE/Buyout Minority
Apollo Education Group PE-Backed Company Minority
Ben Franklin Technology Partners of Southeastern Pennsylvania Accelerator/Incubator Minority
Bisk Ventures Venture Capital Minority
You’re viewing 5 of 16 investors. Get the full list »

Practice Acquisitions (1)

Practice’s most recent deal was a Merger/Acquisition with Handsfree Learning. The deal was made on 23-Jul-2015.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Handsfree Learning 23-Jul-2015 Merger/Acquisition Educational Software
To view Practice’s complete acquisitions history, request access »

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Practice FAQs

  • When was Practice founded?

    Practice was founded in 2011.

  • Where is Practice headquartered?

    Practice is headquartered in Wyndmoor, PA.

  • What is the size of Practice?

    Practice has 21 total employees.

  • What industry is Practice in?

    Practice’s primary industry is Educational Software.

  • Is Practice a private or public company?

    Practice is a Private company.

  • What is the current valuation of Practice?

    The current valuation of Practice is .

  • What is Practice’s current revenue?

    The current revenue for Practice is .

  • How much funding has Practice raised over time?

    Practice has raised $9.7M.

  • Who are Practice’s investors?

    76fwd, Abbhi Capital, Apollo Education Group, Ben Franklin Technology Partners of Southeastern Pennsylvania, and Bisk Ventures are 5 of 16 investors who have invested in Practice.

  • Who are Practice’s competitors?

    Squla, Bongo (Educational Software), BizLibrary, QStream, and MindTickle are some of the 11 competitors of Practice.

  • When was Practice acquired?

    Practice was acquired on 01-Nov-2017.

  • Who acquired Practice?

    Practice was acquired by Instructure.

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