Companies · Edtech

Interplay Learning, Inc.

AUSTIN · Edtech · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Interplay Learning, Inc. — recommendation, valuation, rhythm, risks.
$46.0M
Total raised · real
4
Rounds
1.1×
Latest step-up
Top 5%
Sector rank · raised
Series B
Latest stage · inferred · Thu Sep 05 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Interplay Learning, Inc. looks fair against its niche peers and is quiet on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the edtech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.72× the median modeled value of Series B Edtech companies in 2022–2024 (13 peers) — value vs value, same stage and era.
  • Within the normal band (72% of peer median) for its niche.
Quiet
  • Last raise 22 mo ago; this sector typically re-raises about every 15 months.
  • Slightly overdue versus sector cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Edtech

Interplay Learning, Inc. is one of 262 Edtech companies tracked from AUSTIN. By capital raised it ranks among the largest (ahead of 96% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
1
Investors (latest)
2024-09-05
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$125M$250M$375M$500MSeries A · 2019-03-25 Raised $5.5M (real) Modeled valuation $86M (est)$5.5M$86MSeries A2019Series A · 2020-03-18 Raised $2.6M (real) Modeled valuation $41M (est)$2.6M$41MSeries A2020Series B · 2021-02-16 Raised $18M (real) Modeled valuation $260M (est)$18M$260MSeries B2021Series B · 2024-09-05 Raised $20M (real) Modeled valuation $113M (est)$20M$113MSeries B2024+$2.6M+$18M+$20MCumulative $46M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series A$5.5M · 2019
Series A extension$2.6M · 2020
Series B$17.9M · 2021
Series B extension$20.0M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$112.9M
Base estimate est.
$46.0M
Conservative case
$195.1M
Upside case
$111.1M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the edtech sector profile. Directional, not a quoted figure.

Series A · modeled $86.3M · 2019-03-252019Series A · modeled $40.8M · 2020-03-18Series B · modeled $260.4M · 2021-02-16Series B · modeled $112.9M · 2024-09-052024
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
63%
Survival probability
41% low · 76% high
1.31×/yr
Annual markup
1.58×/yr upside case
1.8 yr
Elapsed time used
1.8 yr actual, capped for stale marks
edtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
22 mo
Avg between rounds
$8.4M/yr
Capital velocity
7.3 yr
On record since
2019
First round
4
Rounds on file
How it compares to the market

Benchmarked against 262 companies in Edtech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 19× above median
This company$46.0M
Sector median$2.4M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.0× above median
This company$20.0M
Sector median$20.0M
Modeled value — vs sector median (estimate, all stages) 5.7× above median
This company$112.9M
Sector median$19.9M

Raised more than 96% of sector peers (real $). Modeled value above 88% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #10 of 13.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)WorkRamp, Inc. · Series B Raised $57.5M · modeled $436.5M (est)Swing Education, Inc. · Series B Raised $39.3M · modeled $314.2M (est)SchoolDay, Inc. · Series B Raised $36.0M · modeled $232.8M (est)FILO Edtech Inc. · Series B Raised $20.2M · modeled $225.4M (est)Amira Learning Inc · Series B Raised $37.7M · modeled $214.7M (est)Learning Explorer Holdings, LLC · Series B Raised $16.8M · modeled $193.0M (est)Arist Holdings Inc. · Series B Raised $15.2M · modeled $156.1M (est)Aea Schools Llc · Series B Raised $40.0M · modeled $127.1M (est)Core Education Services PBC · Series B Raised $24.4M · modeled $124.2M (est)Learning Explorer, Inc. · Series B Raised $24.8M · modeled $45.4M (est)Regent Education, Inc · Series B Raised $32.3M · modeled $42.1M (est)Interplay Learning, Inc. (this company) Raised $46.0M · modeled $112.9M (est)Interplay Learning, Inc.
CompanyStageRaised · realValue · estvs peer med.
WorkRamp, Inc.Series B$57.5M$436.5M2.80×
Swing Education, Inc.Series B$39.3M$314.2M2.01×
SchoolDay, Inc.Series B$36.0M$232.8M1.49×
FILO Edtech Inc.Series B$20.2M$225.4M1.44×
Amira Learning IncSeries B$37.7M$214.7M1.38×
Learning Explorer Holdings, LLCSeries B$16.8M$193.0M1.24×
Arist Holdings Inc.Series B$15.2M$156.1M1.00×
Aea Schools LlcSeries B$40.0M$127.1M0.81×
Core Education Services PBCSeries B$24.4M$124.2M0.80×
Interplay Learning, Inc. this companySeries B$46.0M$112.9M0.72×
Learning Explorer, Inc.Series B$24.8M$45.4M0.29×
Regent Education, IncSeries B$32.3M$42.1M0.27×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series A$5.5M2019-03-25$25.0M$86.3M90%
Series A$2.6M2020-03-18$11.8M$40.8M90%
Series B$17.9M2021-02-16$99.4M$260.4M90%
Series B$20.0M2024-09-05$111.1M$112.9M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series A$5.5M2019-03-25
    • First recorded raise — entered as Series A.
    • 36 investors on this round.
  2. Series A$2.6M2020-03-18
    • Raised 12 mo later, in step with the ~15 mo sector norm.
    • Round 2.1× smaller than the prior — bridge or down round.
    • 22 investors on this round.
  3. Series B$17.9M2021-02-16
    • Raised 11 mo later, in step with the ~15 mo sector norm.
    • Round 6.9× larger than the prior — scaling up.
    • 26 investors on this round.
  4. Series B$20.0M2024-09-05
    • Raised again after 43 mo — slower than the ~15 mo sector norm.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
Intelligence
2026 ~Q2
Modeled next raise · ~22mo cadence
$22.3M
Modeled next size est.range $20.0M$35.8M
1.1×
Last step-up
$8.4M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Charlie Plauche7 other2019-03
Sam Decker6 other2019-03
Ian Chiu5 other2021-02
Rick Timmins1 other2019-03
Douglas Donovan2019-03
Kimberly Caldbeck2024-09
Richard Waitumbi2024-09
Stephen Quirk2019-03
Registry & provenance

Interplay Learning, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1777163
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Aea Schools LlcEdtechSeries B$40.0M$127.1Msame sector · same stage
Swing Education, Inc.EdtechSeries B$39.3M$314.2Msame sector · same stage
Amira Learning IncEdtechSeries B$37.7M$214.7Msame sector · same stage
Express Lien, Inc.Other TechnologySeries B$46.7M$913.7Mnetwork1 shared operator · same stage
WorkRamp, Inc.EdtechSeries B$57.5M$436.5Msame sector · same stage
Outsmart Education, Inc.EdtechSeries B$36.1M$101.0Msame sector · same stage
SchoolDay, Inc.EdtechSeries B$36.0M$232.8Msame sector · same stage
Scribd IncEdtechSeries B$59.4M$430.4Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Blended Education Inc.EdtechSeed$34.4M87%
Inspirit Learning, Inc.EdtechSeed$46.9M87%
Foundations in Learning, Inc.EdtechSeed$3.1M86%
Invoke Learning, LLCEdtechSeed$22.6M86%
Core Learning Exchange, Inc.EdtechPre-Seed$5.1M85%
Higher Learning Technologies Inc.EdtechSeries A$129.5M85%
Lit Learning, Inc.EdtechPre-Seed$8.2M85%
AIO Education, LLCEdtechPre-Seed$7.6M85%
Frequently asked
How much funding has Interplay Learning, Inc. raised?
Interplay Learning, Inc. has raised approximately $46.0M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Interplay Learning, Inc.'s estimated valuation?
Provath's modeled valuation for Interplay Learning, Inc. is approximately $112.9M (modeled range $46.0M–$195.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Interplay Learning, Inc. at?
Interplay Learning, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Thu Sep 05.
What does Interplay Learning, Inc. do and where is it based?
Interplay Learning, Inc. operates in the Edtech sector, based in AUSTIN.
Explore related

See where Interplay Learning, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Interplay Learning, Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.