# FamilyID

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/familyid

- Industry: Internet
- Headquarters: Lexington, US
- Website: www.familyid.com
- Total disclosed funding: $0.8M
- Latest round: Seed (Feb 24, 2015)
- Investors on record: 2

## About

FamilyID, Inc. provides a user-friendly online platform for managing registrations and payments for sports and extracurricular activities, primarily for K-12 educational institutions.FamilyID, Inc. is an online registration platform designed for schools to facilitate sports and extracurricular activities. Founded in 2010 in Lexington, US, the company has undergone no significant pivots or changes in its operations. The most recent notable transaction was in February 2020, when ArbiterSports, LLC acquired FamilyID, Inc. from Boston Seed Capital and Converge Venture Partners, although financial terms were not disclosed. The company has raised a total of USD 0.85 mn primarily through a Seed funding round led by Boston Seed Capital, contributing to its operational growth.FamilyID offers an online registration platform that streamlines the management of sports and extracurricular activities in K-12 schools. The software enables schools to handle event registrations, payments, and waivers efficiently, ensuring smooth operations and enhanced communication among stakeholders such as parents, students, and school administrators. FamilyID's offerings cater specifically to school districts, athletic associations, and event coordinators within the educational sector, providing comprehensive solutions tailored to their needs.FamilyID generates revenue through a subscription-based model, allowing schools and organizations to access various software services for managing registrations and payments. Revenue is derived from annual or monthly fees based on user numbers or institutions served. The platform also facilitates financial transactions for event-related services, contributing to revenue via transaction fees associated with payment processing.Looking ahead, FamilyID is focused on enhancing its platform with new features aimed at improving user experience and operational efficiency. The most recent funding round will be strategically utilized to support product development and expansion into new geographic markets. FamilyID plans to target additional K-12 institutions across the United States and potentially expand into international markets by 2023, utilizing the insights gained from its latest operational strategies.

## Funding rounds

- Seed, Feb 24, 2015, $0.8M — Converge Venture Partners, Boston Seed Capital

## Investors

- Converge Venture Partners (https://capitalatlas.ai/funds/converge-venture-partners) — Seed
- Boston Seed Capital (https://capitalatlas.ai/funds/boston-seed-capital) — Seed