Prodigy Education
Latest round
- Series B
Last raised
- Jan 2021
Total raised
- $125M
Investors
- 3
About Prodigy Education
Prodigy Education Inc.Founded in 2011 in Oakville, Canada, Prodigy Education Inc. creates educational games that help children learn math and literacy.Prodigy Education offers engaging, standards-aligned educational tools specifically designed for children, focusing on enhancing their skills in Math and English. The core product, Prodigy Math, utilizes adaptive learning games that immerse students in a fantasy world where they complete quests and battles that incorporate math-related challenges. Prodigy English extends this model to literacy, aligning with Common Core standards and providing users with a similar interactive experience. Targeted primarily at K-8 students, the platform caters to educators and parents who seek to bolster academic performance in a fun and engaging manner.Prodigy Education generates revenue through optional parent memberships that enhance the core offerings of its educational games. This subscription-based model allows for additional features and content, while maintaining free access for educators. The business operates primarily on a B2C (business-to-consumer) model, where parents invest in their children's learning journeys via these memberships. This structure supports the platform’s continued free usage for teachers, enhancing its appeal in the education sector.In January 2021, Prodigy Education Inc. The company plans to utilize these funds to expand its product offerings and enhance its platform. Future initiatives include new product releases aimed at improving educational outcomes and exploring opportunities in international markets. Specific geographic regions targeted for expansion include Europe and Asia, with plans to initiate this growth strategy by 2023.
Who invested in Prodigy Education
3 investors across 2 rounds
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Questions about Prodigy Education
Who invested in Prodigy Education?
Prodigy Education has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Prodigy Education raised?
Prodigy Education has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Prodigy Education last raise money?
Prodigy Education's most recent round on record is a Series B, in Jan 2021.
What does Prodigy Education do?
Prodigy Education is a software company.
Where is Prodigy Education headquartered?
Prodigy Education is headquartered in Oakville, Canada.
Which VCs invest in companies like Prodigy Education?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Prodigy Education's stage. Their profiles are linked below.
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