# Remind101

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/remind101

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.remind.com/
- Total disclosed funding: $60M
- Latest round: Series C (Sep 30, 2014)
- Investors on record: 6

## About

Remind101, Inc. is a communication platform tailored for the education sector, enhancing interactions between teachers, students, and families through efficient messaging solutions.Founded in 2011 and headquartered in San Francisco, US, Remind101, Inc. provides a communication service specifically for educational environments. The company's founders include Brett Kopf, Danilo Couto, David Kopf, Jacob Samuel, Megha Arora, Muhammad Soefihara, Pranati Sadhu, Shivani S, and Victória Monteiro. Remind101 has raised a total of USD 40.00 mn through various funding rounds, with the latest being a SERIES C round led by Kleiner Perkins in November 2023. The company has engaged in 7 deals to date, reaching a valuation of USD 406.34 mn.Remind's primary offering is a communication platform designed specifically for the education sector, facilitating two-way messaging between teachers, students, and families. This platform allows educators to connect with their students and their families in a user-friendly manner, promoting engagement through phone-based messaging and automatic translation into over 90 languages. Remind serves a diverse client base, including nearly 2 million teachers and users across 80% of U.S. schools, amounting to nearly 30 million active users. The product is tailored to enhance communication within educational organizations, making it especially vital for fostering connections that support student learning beyond the classroom. Remind's services are predominantly utilized in the United States, aiming to bridge the communication gap between educational institutions and families, thereby increasing accessibility and engagement within the academic community.The revenue generation for Remind is primarily derived from its subscription-based model, catering to educational institutions and providing enhanced communication tools. Schools and districts partner with Remind for access to its platform, which is designed to streamline communications and enhance engagement with families of students. Specific pricing plans for these subscriptions or services are structured to offer value to both teachers and educational administrators, focusing on facilitating effective communication across their institutions. Although exact financial figures are not publicly disclosed, the alignment of Remind’s offerings with the needs of educational organizations suggests a robust transactional framework that supports direct relationships with its clients. Through these partnerships, Remind reinforces its commitment to providing meaningful engagement and fostering strong connections within the educational landscape.In November 2023, ParentSquare, Inc., a portfolio company of Serent Capital, acquired Remind, Inc. The acquisition enables K–12 districts to raise student performance through expanded communications for educators, students, and families. The integration of Remind's platform will focus on enhancing communication tools and expanding its reach within the educational sector. The recent funding will support these initiatives, emphasizing the importance of effective communication in academic settings, although specific future product developments or geographic expansion plans have not been disclosed.

## Funding rounds

- Series C, Sep 30, 2014, $40M — Kleiner Perkins, First Round Capital, Social Capital
- Series B, Feb 4, 2014, $15M — Kleiner Perkins, First Round Capital, Social Capital
- Series A, Sep 18, 2013, $3.5M — First Round Capital, Social Capital
- Seed, Jan 1, 2012, $1M — First Round Capital, 500 Global, Ulu Ventures, Imagine K12

## Investors

- First Round Capital (https://capitalatlas.ai/funds/first-round-capital) — Seed, Series A, Series B, Series C
- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Ulu Ventures (https://capitalatlas.ai/funds/ulu-ventures) — Seed
- Imagine K12 (https://capitalatlas.ai/funds/imagine-k12) — Seed
- Social Capital (https://capitalatlas.ai/funds/social-capital) — Series A, Series B, Series C
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series B, Series C