# Listen Innovation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/listen-innovation

- Industry: Education/Training
- Headquarters: Brookline, US
- Website: www.listenwise.com
- Total disclosed funding: $1.5M
- Latest round: Seed (May 4, 2016)
- Investors on record: 2

## About

Listen Innovation Inc. develops an educational platform that enhances listening comprehension through authentic podcasts and videos, focusing on language acquisition for students in grades 2-12.Founded in 2012, Listen Innovation Inc. is headquartered in Brookline, US. The company provides solutions to support listening skills in education. CEO and founder Monica Brady-Myerov leads the company, which underwent an acquisition by Knowledgemotion Limited in November 2021. The financial details of the deal were not disclosed, and the company has completed 8 deals to date, raising a total of USD 0.25 mn with their most recent funding being a round of USD 0.25 mn on November 3, 2021.Listenwise primarily offers an innovative educational platform that delivers authentic podcasts and videos designed to enhance listening comprehension and language acquisition for students in grades 2-12. Their core products include Listenwise and Lingolift, which provide educators with resources aligned to content-based instruction and English Language Development (ELD) standards. The platform is tailored to support multilingual learners by integrating built-in scaffolding, auto-scored quizzes, and interactive transcripts, allowing students to listen while reading along. This dual approach not only aids in comprehension and academic language development but also caters to diverse learner needs. Listenwise serves a wide customer base that includes schools and districts across the United States, particularly targeting geographical markets like California and Texas, with a focus on both elementary and secondary education.The revenue model for Listenwise is structured around subscription services that provide access to their educational resources for teachers and students. Clients, primarily educational institutions, engage with the platform through annual subscriptions, allowing them to utilize a comprehensive library of podcasts, videos, and associated assessment tools. These subscriptions are designed to scale based on classroom needs, offering tiered access to lessons and support materials. Flagship offerings such as Listenwise and Lingolift are bundled to enhance the educational experience, and the company emphasizes providing tools for teachers to effectively measure student growth in listening comprehension. The transaction structure emphasizes a direct-to-consumer approach, facilitating seamless usage in classroom settings.Following its acquisition by Knowledgemotion Limited, Listen Innovation Inc. aims to expand its offerings of video and audio content for global education providers. The combined business is positioned for accelerated growth in the US and internationally. While specific upcoming products have not been detailed, the integration is expected to facilitate the development of new educational tools and resources. The company plans to leverage recent funding to enhance its market presence, particularly in international educational markets.

## Funding rounds

- Seed, May 4, 2016, $0.6M — Launchpad Venture Group, Rev1 Ventures
- Seed, Feb 1, 2015, $0.9M — Launchpad Venture Group

## Investors

- Launchpad Venture Group (https://capitalatlas.ai/funds/launchpad-venture-group) — Seed
- Rev1 Ventures (https://capitalatlas.ai/funds/rev1-ventures) — Seed