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Learnify

Personalized learning at scale

EdTechSeries A$50M - $100M
Final Score
72
Tier 2: High Growth / Low Moat

Negotiate valuation

Investment Decision

Tier 2: High Growth / Low Moat

Likely burn-heavy with stiff competition

Recommended Action

Negotiate valuation

Headquarters

Chicago, IL

Founded

2021

Employees

75-100

About

Learnify uses adaptive AI to create personalized learning experiences for K-12 students, improving test scores by an average of 35% while reducing study time. Our platform serves over 2 million students globally.

Weighted Scoring Breakdown
Execution Power

Weight: 30%

80.0

Founder-Market Fit + Revenue Velocity

Capital Efficiency

Weight: 30%

70.0

Burn Multiple + LTV/CAC

Durable Moat

Weight: 25%

60.0

Proprietary Data + Integration Depth

Growth Potential

Weight: 15%

80.0

NRR + K-Factor

Evaluation Metrics (1-100 Scale)
Founder-Market FitTarget: 10+ yrs domain + serial exit

6 yrs domain exp

Revenue VelocityTarget: >200% YoY Growth

175% YoY ARR Growth

Burn MultipleTarget: <1.0x

1.60x (Net Burn / Net New ARR)

LTV/CAC RatioTarget: >5x

7.6x ($42K / $5.5K)

Proprietary DataTarget: >80%

62% private data

Integration DepthTarget: >5 active hooks

3.2 avg APIs per user

Net Revenue RetentionTarget: >120%

115% NRR

K-FactorTarget: >1.0

1.66 (3.2 invites x 52% conv)

Key Employees
MS

Maria Santos

CEO & Founder

Former Khan Academy, Stanford EdTech PhD

KZ

Kevin Zhang

CTO

Former Duolingo, built adaptive learning engine

DAC

Dr. Amy Chen

Chief Learning Officer

MIT professor, cognitive science expert

Financial Metrics

Revenue (ARR)

$6.8M ARR

+175% YoY

Gross Margin

75%

Burn Rate

$520K/month

Runway

14 months

LTV

$42,000

CAC

$5,500

Investment Details
Total Raised$22M
Last Round$18M Series A
Last Round DateNovember 2024
Target Raise$45M Series B
Minimum Investment$100,000

Lead Investors

Reach CapitalNewSchools Venture Fund
Key Highlights
  • 2M+ active student users across 15 countries
  • 35% average improvement in test scores
  • Partnerships with 500+ school districts
  • Award-winning pedagogy team from Stanford and MIT
Risk Factors
  • Seasonal revenue fluctuations
  • Budget constraints in education sector
  • Privacy concerns with student data