# Lalilo

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

- Industry: Education/Training
- Headquarters: Paris, France
- Website: www.lalilo.com
- Total disclosed funding: $5M
- Latest round: Series A (Oct 17, 2019)
- Investors on record: 7

## About

Lalilo SAS is a French educational technology company specializing in a research-driven online platform designed to enhance foundational literacy skills for K-2 students through interactive learning tools.Founded in 2016 and headquartered in Paris, France, Lalilo SAS provides an online learning platform that supports literacy development for young students. The company was co-founded by Amine Mezzour, Laurent Jolie, and Teresa Papadopoli-Chan. In March 2021, Lalilo was acquired by Renaissance Learning, Inc., allowing the company to further its development plans. Lalilo has completed a total of 3 investment deals, with the latest funding round being a Series A amounting to EUR 2.498 mn, led by Partech and involving other investors such as Citizen Capital and Educapital. The total amount raised by the company to date is EUR 2.498 mn, with a current company valuation of EUR 10.059 mn.Lalilo offers a comprehensive phonics and comprehension program specifically designed for K, 1st, and 2nd-grade students. The platform provides adaptive exercises focused on phonics, word recognition, and comprehension skills, and is accessible on tablets, iPads, and computers. Educators primarily from the United States and France utilize Lalilo to support students' literacy skills, while the interactive elements of the platform, such as exploring different worlds and collecting badges, enhance student engagement.In the most recent year, 2023, Lalilo generated revenue of EUR 5,282,266.10 with an EBITDA of EUR 100,037.10. The company operates a subscription-based revenue model for individual educators and institutions, facilitating direct transactions between Lalilo and its clients. Pricing plans are tailored to the size and needs of the schools, allowing for the implementation of the program across multiple classrooms.Lalilo plans to leverage its acquisition by Renaissance Learning to accelerate its development initiatives. This includes the design and launch of new products aimed at enhancing its literacy programs. The company is also targeting expansion into additional markets beyond its current focus in France and the United States, although specific regions have not been detailed. The recent Series A funding round will support these growth strategies, which will be pivotal for the company as it aims to broaden its reach and impact in literacy education.

## Funding rounds

- Series A, Oct 17, 2019, $2.8M — Partech Partners, Citizen Capital, Educapital, Financière Saint James
- Seed, Sep 28, 2018, $2.2M — Kima Ventures, Nestadio, Financière Saint James, The Refiners

## Investors

- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Seed
- Nestadio — Seed
- Financière Saint James — Seed, Series A
- The Refiners (https://capitalatlas.ai/funds/the-refiners) — Seed
- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Series A
- Citizen Capital (https://capitalatlas.ai/funds/citizen-capital) — Series A
- Educapital (https://capitalatlas.ai/funds/educapital) — Series A