Diligence memo · auto-generated · as of July 2, 2026
Foundations in Learning, Inc.
Foundations in Learning, Inc. looks under-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Foundations in Learning, Inc. operates in Edtech, based in Coralville.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Foundations in Learning, Inc. has raised $2.4M 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: $1.9M on 2012-02-18.
Most recent recorded round closed around 2023-03-14.
Valuation (modeled)modeled
Provath models Foundations in Learning, Inc. at approximately $3.1M (range $385K–$12M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.26× the median modeled value of Seed Edtech companies in 2022–2024 (21 peers) — value vs value, same stage and era. Issuer reports $0–$1M revenue while modeled below niche peers.
Financing rhythm & timingmixed
Historic cadence: a new round about every 133 months.
Last raise 3.3 yr ago; this sector typically re-raises about every 15 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round was 4.1× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 60% of Edtech peers (262 compared).
Modeled value ranks above 34% of those peers.
Closest niche peers: Galileo Education, Inc., ACI Learning Holdings, LLC, SE Swim School - Capital Investors, LLC, FoondaMate, Colorado Academy of Veterinary Technology, Inc..
Peoplefiled
8 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.