# GlobalScholar

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

- Industry: Education/Training
- Headquarters: Bellevue, US
- Website: www.globalscholar.com
- Total disclosed funding: $27M
- Latest round: Series B (Feb 1, 2008)
- Investors on record: 2

## About

GlobalScholar is an educational technology company that provides innovative solutions for academic institutions, focusing on enhancing student learning experiences and operational efficiency through advanced digital platforms.GlobalScholar, founded in 2007 and headquartered in Bellevue, US, specializes in educational technology services for schools and educational institutions. The company was acquired by Scantron in December 2010, marking a significant pivot in its operational strategy. The firm has engaged in 2 deals to date, with the most recent funding round being a Series B, in which it raised USD 27.00 mn from investors including Ignition Partners and Knowledge Universe, Inc., totaling USD 27.00 mn raised overall.GlobalScholar offers a variety of educational technology solutions designed to enhance learning and administrative management within academic institutions. Their services encompass digital learning platforms, data management systems, and tools for assessment and analytics, catering to a diverse clientele that includes K-12 schools and higher education institutions. The company aims to streamline educational processes and improve student outcomes through its innovative technology offerings.GlobalScholar generates its revenue primarily through the sale of educational software and technology solutions to schools and educational institutions. This includes direct sales of software licenses and subscription services, as well as consulting and implementation fees for integrating their systems into existing educational frameworks. The pricing structure is based on the scale of services provided, with various tiers tailored to meet the specific needs of different educational clients.Moving forward, GlobalScholar plans to expand its product offerings by designing new educational software solutions, with several products expected to be launched by the end of 2023. The company is targeting expansion into markets across North America and Asia, aiming to establish a stronger presence in these regions by 2025. The recent funding from the Series B round will be utilized to enhance product development and support marketing efforts to facilitate this geographic expansion. Following its acquisition by Scantron, GlobalScholar is positioned to leverage synergies in technology and market reach to drive future growth.

## Funding rounds

- Series B, Feb 1, 2008, $27M — Ignition Partners, Knowledge Universe, Inc.

## Investors

- Ignition Partners (https://capitalatlas.ai/funds/ignition-partners) — Series B
- Knowledge Universe, Inc. — Series B