Where Global Innovation
and Capital Meet
Sectors Consumer University Energy Financial Healthcare Industrial IT Media Services Telecoms Transport The Art of CVC Startups

McGraw Hill caps Kidaptive purchase

Mar 17, 2021 •

Educational data software developer Kidaptive had raised more than $30m from investors including Stanford-StartX Fund.

Kidaptive, US-based adaptive learning software producer spun out of Stanford University, was acquired educational product provider McGraw Hill for an undisclosed amount yesterday.
Founded in 2011, Kidaptive’s software utilises artificial intelligence algorithms to help education-focused companies analyse user data to improve engagement with students. Its team will be integrated into a Center for Innovation run by McGraw Hill’s School group.
The company had raised approximately $30.5m in funding as of a $19.1m series C round co-led by educational publisher Woongjin ThinkBig and venture capital firm Formation 8 in 2018.
Visual effects creator Prana Studios joined Menlo Ventures, Tuesday Capital (then CrunchFund), Veddis Ventures, S-Cubed Capital, VKRM Ventures and iCamp in a $1.35m series A round for Kidaptive that closed in 2013.
Formation 8 led the company’s $10.1m series B round later the same year, investing together with Stanford-StartX Fund, Prana Studios, Menlo Ventures and NewSchools Venture Fund.
– A version of this article first appeared on our sister site, Global Corporate Venturing.
 

LEADERSHIP SOCIETY

Informing, connecting, and transforming the global corporate venture capital ecosystem.
The Global Corporate Venturing (GCV) Leadership Society’s mission is to help bridge the different strengths and ambitions of investors across industry sectors, geography, structure, and their returns.
Events
Is now the right time to invest in autonomous driving?
Feb 19, 2025
Online
Events
GCV Connect: São Paulo
Feb 19, 2025
São Paulo (Brazil)
Events
GCV Institute: CVC Investment Programs
Mar 17 -
Mar 18, 2025
Palo Alto, CA (USA)
Events
GCVI Summit 2025
Mar 18 -
Mar 20, 2025
Monterey, CA (USA)
Events
GCV Institute: CVC Investment Programs
Apr 8 -
Apr 10, 2025
Online
Events
GCV Institute: Landing the Value of Corporate Venturing
Apr 24 -
Jun 12, 2025
Online
Events
GCV Connect: Madrid 2025
Apr 24, 2025
Madrid (Spain)
Events
GCV Connect: Singapore 2025
May 6, 2025
Singapore
Events
GCV Symposium 2025
Jun 17 -
Jun 19, 2025
London (UK)
© 2024 Mawsonia Ltd. All rights reserved.
test reg

Login

Not yet subscribed?

See your subscription offers here