Paper Education Company Inc.
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Paper Education Company Inc. - overview
Established
2014
Location
Montreal, QC, Canada
Primary Industry
Education/Training
About
Based in Montreal, Quebec, Canada, Paper Education Company Inc. , formerly known as GradeSlam Inc. , was founded in 2014 by co-founders Philip Cutler and Roberto Cipriani. The company officially announced a rebrand from GradeSlam to Paper in March 2020.
The platform has over 300,000 active users in the United States as of 2021. The company's headquarters are in Montreal, Quebec, and it operates across North America. In 2020, the company had 100 tutors and 30 other employees, in 2021 it has 1,000 tutors and 130 staff. The platform provides features such as 24/7 live academic help that allows a student to receive instant help from tutors, smart chatbot, SMS tutoring, a whiteboard designed as a digital canvas for a visual explanation, essay writing review, student sessions assessments, students profile, analytics, and customer support.
The company generates revenue by selling online tutoring to school districts, which pay between USD 50 and USD 100 per kid every year.
Current Investors
BDC Capital, Real Ventures, Anges Quebec
Primary Industry
Education/Training
Sub Industries
Education & Training Website, Education & Training Services, Web Applications, Education & Training Software, Analytics & Performance Software
Website
www.paper.co
Verticals
Cloud Computing, EdTech, Mobile Apps
Company Stage
Series D
Total Amount Raised
Subscriber access only
Paper Education Company Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | MajorClarity, Inc. | - |
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Paper Education Company Inc. - employee data
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