Diligence memo · auto-generated · as of July 2, 2026
Blue Canoe Learning, Inc.
Blue Canoe Learning, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Blue Canoe Learning, Inc. operates in Edtech, based in Bellevue.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Blue Canoe Learning, Inc. has raised $3.7M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.5M on 2019-02-20.
Most recent recorded round closed around 2019-02-20.
Valuation (modeled)modeled
Provath models Blue Canoe Learning, Inc. at approximately $48M (range $2.1M–$377M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.32× the median modeled value of Seed Edtech companies in 2019–2021 (18 peers) — value vs value, same stage and era. Within the normal band (132% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 24 months.
Last raise 7.4 yr ago; this sector typically re-raises about every 15 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 2.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 66% of Edtech peers (262 compared).
Modeled value ranks above 76% of those peers.
Closest niche peers: L5 Big Blue Swim School No. Four, LLC, Openmind Learning, Inc., Spark Learning, Inc., Classic Learning Initiatives, LLC, Inspirit Learning, Inc..
Peoplefiled
5 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.