Edovo Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Private

  • Employees
  • 50

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 21

Edovo General Information

Description

Developer of inmate education and communication technology designed to expand education and reduce recidivism. The company's technology utilizes a secure tablet and a digital learning platform to bring daily access to education, rehabilitation and communication to correctional facilities, enabling incarcerated individuals to stay in touch with their loved ones, improve safety within correctional environments and increase opportunities for rehabilitation.

Contact Information

Website
www.edovo.org
Formerly Known As
Jail Education Solutions
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 1130 South Canal Street
  • Suite 1272
  • Chicago, IL 60607
  • United States
+1 (312)
Primary Industry
Educational Software
Vertical(s)
SaaS, TMT, EdTech, Mobile
Corporate Office
  • 1130 South Canal Street
  • Suite 1272
  • Chicago, IL 60607
  • United States
+1 (312)

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Edovo Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
12. Later Stage VC 01-Apr-2021 Completed Generating Revenue
11. Later Stage VC (Series B) 29-Apr-2019 Completed Generating Revenue
10. Later Stage VC (Series A3) 04-Apr-2018 Completed Generating Revenue
9. Accelerator/Incubator Completed Generating Revenue
8. Grant 24-Jan-2017 Completed Generating Revenue
7. Early Stage VC (Series A2) 11-Feb-2016 Completed Startup
6. Grant 23-Sep-2015 Completed Startup
5. Early Stage VC (Series A) 14-Mar-2015 Completed Startup
4. Accelerator/Incubator 22-Jan-2014 $20K Completed Startup
3. Accelerator/Incubator $20K $20K Completed Startup
To view Edovo’s complete valuation and funding history, request access »

Edovo Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series B
Series A3
Series A2 674,486 $0.000100 $3.41 $3.41 1x $3.41 10.31%
Series A1 755,700 $0.000100 $2.57 $2.57 1x $2.57 11.81%
To view Edovo’s complete cap table history, request access »

Edovo Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of inmate education and communication technology designed to expand education and reduce recidivism. The compa
Educational Software
Chicago, IL
50 As of 2024

New York, NY
 
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Edovo Competitors (1)

One of Edovo’s competitors is Orijin, 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
Orijin Venture Capital-Backed New York, NY
You’re viewing 1 of 1 competitors. Get the full list »

Edovo Patents

  • 4

    Total Documents Applications and Grants

  • Total Patents Families

  • 4

    Granted

  • Pending

  • Expiring in next 12 mo

Edovo Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-10587619-B2 Device, system and method for providing incentives including technology use and technology-based work Active 21-Apr-2015
US-20160315836-A1 Device, system and method for providing incentives including technology use and technology-based work Active 21-Apr-2015
US-10320793-B2 Device, system and method for providing incentives including technology use and technology-based work Active 21-Apr-2015
US-20190253420-A1 Device, system and method for providing incentives including technology use and technology-based work Active 21-Apr-2015 H04L63/10

Edovo Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Edovo Investors (21)

Investor Name Investor Type Holding Investor Since Participating Rounds
MIGMIR Not-For-Profit Venture Capital Minority
De-Carceration Fund Venture Capital Minority
PeakChange Venture Capital Minority
Evolve Ventures Venture Capital Minority
IDP Foundation Limited Partner Minority
You’re viewing 5 of 21 investors. Get the full list »

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Edovo FAQs

  • When was Edovo founded?

    Edovo was founded in 2013.

  • Where is Edovo headquartered?

    Edovo is headquartered in Chicago, IL.

  • What is the size of Edovo?

    Edovo has 50 total employees.

  • What industry is Edovo in?

    Edovo’s primary industry is Educational Software.

  • Is Edovo a private or public company?

    Edovo is a Private company.

  • What is Edovo’s current revenue?

    The current revenue for Edovo is .

  • How much funding has Edovo raised over time?

    Edovo has raised $16.7M.

  • Who are Edovo’s investors?

    MIGMIR, De-Carceration Fund, PeakChange, Evolve Ventures, and IDP Foundation are 5 of 21 investors who have invested in Edovo.

  • Who are Edovo’s competitors?

    Orijin is a competitor of Edovo.

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