# Knowre Americas

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/knowre-americas

- Industry: Education/Training
- Headquarters: New York, US
- Website: www.knowre.com
- Total disclosed funding: $8.2M
- Latest round: Series A (Oct 22, 2014)
- Investors on record: 5

## About

Knowre Americas, Inc. is a technology-driven educational company that enhances learning experiences through innovative digital solutions, primarily focusing on mathematics and English education for students of all ages.Founded in 2012, Knowre Americas, Inc. is headquartered in New York, US, and specializes in providing adaptive learning solutions. The company was acquired by Daekyo Investment in August 2018, but details of the transaction were not disclosed. David J. serves as both the founder and CEO of the company, emphasizing a commitment to educational advancement. The company has completed a total of 4 deals, with its most recent funding round being a Series A amounting to USD 6.80 mn, led by SBVA and participated in by Partners Investment, Relay Ventures, SparkLabs Global Ventures, and WOORI Venture Partners.Knowre Americas, Inc. primarily offers educational services that focus on enhancing learning experiences for students through its flagship product, Eye Level. Eye Level is designed to support independent learning in mathematics and English, catering to students from preschool to high school. The program features a structured curriculum that adapts to each learner's pace and educational needs, targeting students, parents, and educational institutions in markets across Asia, North America, and Europe. The company not only provides educational content but also support services that promote student engagement and achievement.Knowre Americas, Inc. generates revenue primarily through a subscription-based model associated with the Eye Level program, where customers pay for access to educational materials and resources. This model allows for direct-to-consumer transactions enabling families to enroll their children in the program for specified durations. Pricing plans are structured to accommodate different customer segments and educational needs. The company may also partner with educational institutions to enhance its reach and offer tailored solutions, with revenues supported by recurring subscriptions and potential upselling of additional services.Knowre Americas, Inc. plans to leverage recent funding from the Series A round completed in August 2018 to support the development of new educational products aimed at enhancing student engagement. The company is strategically targeting expansion into new markets in Europe and Asia by 2020, aiming to broaden its customer base. The acquisition by Daekyo Investment is expected to facilitate these growth initiatives, providing additional resources and expertise to enhance Knowre's offerings.

## Funding rounds

- Series A, Oct 22, 2014, $6.8M — Relay Ventures, WOORI Venture Partners, SBVA, Partners Investment, SparkLabs Global Ventures
- Seed, Jan 24, 2013, $1.4M — SBVA

## Investors

- SBVA (https://capitalatlas.ai/funds/sbva) — Seed, Series A
- Relay Ventures (https://capitalatlas.ai/funds/relay-ventures) — Series A
- WOORI Venture Partners (https://capitalatlas.ai/funds/woori-venture-partners) — Series A
- Partners Investment (https://capitalatlas.ai/funds/partners-investment) — Series A
- SparkLabs Global Ventures (https://capitalatlas.ai/funds/sparklabs-global-ventures) — Series A
