The company has entered into a number of partnerships to expand its global presence, including collaborations with Tencent and Rakuten to teach English to children ages 3-8 in China and Japan, respectively. The company has raised an estimated $180 million in Venture Capital funding from investors including ICONIQ Capital, Angel Capital Management, and other individual investors. It has been widely reported that Age of Learning last raised $150 million in 2015 at a post-money valuation of over $1 billion.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
06/29/2021 | Series C | $300MM | $xx.xx | $3.09B | TPG, Tencent, Madrone Capital Partners, Qatar Investment Authority | |
Price per Share
$xx.xx
Shares Outstanding
27,782,246
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
TPG, Tencent, Madrone Capital Partners, Qatar Investment Authority
|
||||||
08/15/2020 | Series B | $50MM | $xx.xx | $1.32B | Tencent | |
Price per Share
$xx.xx
Shares Outstanding
8,695,652
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Tencent
|
||||||
05/03/2016 | Series A | $150MM | $xx.xx | $1B | Iconiq Capital, Angel Capital Mangagement | |
Price per Share
$xx.xx
Shares Outstanding
35,509,879
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Iconiq Capital, Angel Capital Mangagement
|