Ready Education
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 6.6m | 7.6m | 7.6m | 7.4m | 26.2m | 42.8m |
% growth | - | 15 % | - | (3 %) | 255 % | 63 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
$120k | Seed | ||
* | $5.3m | Series A | |
N/A | $42.0m | Series C | |
* | N/A | Debt | |
Total Funding | €43.1m |
Recent News about Ready Education
EditReady Education is a startup that specializes in enhancing student engagement and success through its mobile platform. The company operates in the education technology (EdTech) market, focusing on higher education institutions such as colleges and universities. Ready Education's primary clients are educational institutions looking to improve student retention and engagement.
The core offering of Ready Education is its Student Experience Platform, which includes a mobile app designed to centralize communication and provide easy access to academic and campus community information. This platform is built on extensive research conducted by data scientists, social scientists, and behavioral designers. It aims to create authentic campus connections by integrating various academic and social features into a single, user-friendly interface.
Ready Education serves over 425 institutions and 4 million students globally. The platform helps institutions improve student retention rates by 2-4%, a significant metric in the education sector. For example, Eastern Michigan University uses the app to track at-risk student participation and gather feedback, while Cedar Crest College leverages it to foster a sense of belonging among students.
The business model of Ready Education is likely subscription-based, where educational institutions pay a recurring fee to access and utilize the platform. This model ensures a steady revenue stream and allows the company to continuously update and improve its offerings. Additionally, the platform's success in improving student retention and engagement makes it a valuable investment for educational institutions.
In summary, Ready Education is a leading player in the EdTech market, providing a mobile platform that enhances student engagement and retention. It serves higher education institutions, offering a subscription-based service that centralizes communication and integrates academic and social features. The company has a proven track record of improving student success, making it a trusted partner for educational institutions worldwide.
Keywords: EdTech, student engagement, retention, mobile platform, higher education, academic integration, campus community, subscription model, data-driven, student success.