Companies · Edtech

Quad Learning, Inc.

WASHINGTON · Edtech · refined from filed group “Other

Diligence memoA one-page analyst read on Quad Learning, Inc. — recommendation, valuation, rhythm, risks.
$46.2M
Total raised · real
9
Rounds
1.9×
Latest step-up
Top 5%
Sector rank · raised
Series A
Latest stage · inferred · Wed Jan 31 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Quad Learning, Inc. looks fair against its niche peers and is dormant 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 0.87× the median modeled value of Series A Edtech companies in 2016–2018 (15 peers) — value vs value, same stage and era.
  • Within the normal band (87% of peer median) for its niche.
Dormant
  • Last raise 8.4 yr ago; this sector typically re-raises about every 15 months.
  • Silent for over 3× the sector's normal 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

Quad Learning, Inc. is one of 262 Edtech companies tracked from WASHINGTON. 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
10
Investors (latest)
2018-01-31
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$500MSeed · 2012-01-20 Raised $3.3M (real) Modeled valuation $63M (est)Seed2012Series A · 2013-01-14 Raised $7.8M (real) Modeled valuation $123M (est)Series A2013Series A · 2014-04-02 Raised $8.7M (real) Modeled valuation $136M (est)Series A2014Series A · 2015-07-28 Raised $4.8M (real) Modeled valuation $76M (est)Series A2015Series A · 2016-01-19 Raised $966K (real) Modeled valuation $15M (est)Series A2016Series A · 2016-04-25 Raised $13M (real) Modeled valuation $201M (est)Series A2016Series A · 2017-02-10 Raised $516K (real) Modeled valuation $8.1M (est)Series A2017Series A · 2017-06-28 Raised $2.5M (real) Modeled valuation $39M (est)Series A2017Series A · 2018-01-31 Raised $4.8M (real) Modeled valuation $75M (est)Series A2018+$7.8M+$8.7M+$4.8M+$966K+$13M+$516K+$2.5M+$4.8MCumulative $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
Seed$3.3M · 2012
Series A$7.8M · 2013
Series A extension$8.7M · 2014
Series A extension$4.8M · 2015
Series A extension$966K · 2016
Series A extension$12.8M · 2016
Series A extension$516K · 2017
Series A extension$2.5M · 2017
Series A extension$4.8M · 2018

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$75.2M
Base estimate est.
$6.0M
Conservative case
$409.0M
Upside case
$21.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the edtech sector profile. Directional, not a quoted figure.

Seed · modeled $62.6M · 2012-01-202012Series A · modeled $123.1M · 2013-01-14Series A · modeled $136.5M · 2014-04-02Series A · modeled $75.8M · 2015-07-28Series A · modeled $15.1M · 2016-01-19Series A · modeled $201.3M · 2016-04-25Series A · modeled $8.1M · 2017-02-10Series A · modeled $38.9M · 2017-06-28Series A · modeled $75.2M · 2018-01-312018
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
51%
Survival probability
28% low · 69% high
1.38×/yr
Annual markup
1.73×/yr upside case
6.0 yr
Elapsed time used
8.4 yr actual, capped for stale marks
edtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
9 mo
Avg between rounds
$7.7M/yr
Capital velocity
14.4 yr
On record since
2012
First round
9
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$46.2M
Sector median$2.4M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.9× of median
This company$4.8M
Sector median$5.5M
Modeled value — vs sector median (estimate, all stages) 3.8× above median
This company$75.2M
Sector median$19.9M

Raised more than 96% of sector peers (real $). Modeled value above 82% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #11 of 15.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Make School Inc. · Series A Raised $27.3M · modeled $235.2M (est)Calvert Education Services, LLC · Series A Raised $13.3M · modeled $208.9M (est)Grovo Learning, Inc. · Series A Raised $12.8M · modeled $177.4M (est)MarcoPolo Learning, Inc. · Series A Raised $10.9M · modeled $159.3M (est)Carolina Education & Ministry Investors Two, LLC · Series A Raised $8.4M · modeled $132.1M (est)Higher Learning Technologies Inc. · Series A Raised $12.8M · modeled $129.5M (est)Educational Products Holdings LLC · Series A Raised $6.1M · modeled $95.6M (est)QuickStart Learning Inc. · Series A Raised $5.5M · modeled $86.7M (est)Puzzlebox Academy Of Orlando Holding Llc · Series A Raised $5.5M · modeled $86.2M (est)Big Blue Swim School, Llc · Series A Raised $6.3M · modeled $78.4M (est)Triumph Higher Education Group, LLC · Series A Raised $30.1M · modeled $70.6M (est)Quad Learning, Inc. (this company) Raised $46.2M · modeled $75.2M (est)Quad Learning, Inc.
CompanyStageRaised · realValue · estvs peer med.
Make School Inc.Series A$27.3M$235.2M2.71×
Calvert Education Services, LLCSeries A$13.3M$208.9M2.41×
Grovo Learning, Inc.Series A$12.8M$177.4M2.05×
MarcoPolo Learning, Inc.Series A$10.9M$159.3M1.84×
Carolina Education & Ministry Investors Two, LLCSeries A$8.4M$132.1M1.52×
Higher Learning Technologies Inc.Series A$12.8M$129.5M1.49×
Educational Products Holdings LLCSeries A$6.1M$95.6M1.10×
QuickStart Learning Inc.Series A$5.5M$86.7M1.00×
Puzzlebox Academy Of Orlando Holding LlcSeries A$5.5M$86.2M0.99×
Big Blue Swim School, LlcSeries A$6.3M$78.4M0.90×
Quad Learning, Inc. this companySeries A$46.2M$75.2M0.87×
Triumph Higher Education Group, LLCSeries A$30.1M$70.6M0.81×
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.
Seed$3.3M2012-01-20$16.3M$62.6M85%
Series A$7.8M2013-01-14$35.7M$123.1M85%
Series A$8.7M2014-04-02$39.6M$136.5M85%
Series A$4.8M2015-07-28$22.0M$75.8M85%
Series A$966K2016-01-19$4.4M$15.1M85%
Series A$12.8M2016-04-25$58.4M$201.3M85%
Series A$516K2017-02-10$2.3M$8.1M90%
Series A$2.5M2017-06-28$11.3M$38.9M90%
Series A$4.8M2018-01-31$21.8M$75.2M90%
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. Seed$3.3M2012-01-20
    • First recorded raise — entered as Seed.
    • 13 investors on this round.
  2. Series A$7.8M2013-01-14
    • Raised 12 mo later, in step with the ~15 mo sector norm.
    • Round 2.4× larger than the prior — scaling up.
    • 12 investors on this round.
  3. Series A$8.7M2014-04-02
    • Raised 15 mo later, in step with the ~15 mo sector norm.
    • Round roughly the size of the prior one.
    • Switched to Rule 506(b) (was Rule 06).
    • 15 investors on this round.
  4. Series A$4.8M2015-07-28
    • Raised 16 mo later, in step with the ~15 mo sector norm.
    • Round 1.8× smaller than the prior — bridge or down round.
    • 16 investors on this round.
  5. Series A$966K2016-01-19
    • Came back fast: 6 mo vs the ~15 mo sector norm.
    • Round 5.0× smaller than the prior — bridge or down round.
    • 6 investors on this round.
  6. Series A$12.8M2016-04-25
    • Came back fast: 3 mo vs the ~15 mo sector norm.
    • Round 13.3× larger than the prior — scaling up.
    • 19 investors on this round.
  7. Series A$516K2017-02-10
    • Raised 10 mo later, in step with the ~15 mo sector norm.
    • Round 24.9× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  8. Series A$2.5M2017-06-28
    • Came back fast: 5 mo vs the ~15 mo sector norm.
    • Round 4.8× larger than the prior — scaling up.
    • 9 investors on this round.
  9. Series A$4.8M2018-01-31
    • Came back fast: 7 mo vs the ~15 mo sector norm.
    • Round 1.9× larger than the prior — scaling up.
    • 10 investors on this round.
Intelligence
2018 ~Q4
Modeled next raise · ~9mo cadence
$9.3M
Modeled next size est.range $6.0M$14.8M
1.9×
Last step-up
$7.7M/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
Thanasis Delistathis6 other2012-01
Todd Klein5 other2016-04
John Katzman4 other2012-01
Phil Bronner4 other2012-01
Fred Schaufeld3 other2012-01
Joseph Del Guercio3 other2014-04
LeRoy Pingho2 other2018-01
Chris Romer1 other2012-01
David Bosserman1 other2018-01
Christopher Romer2014-04
Registry & provenance

Quad 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
1540492
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
Triumph Higher Education Group, LLCEdtechSeries A$30.1M$70.6Msame sector · same stage
Las Vegas Flight AcademyEdtechSeries A$28.5M$13.3Msame sector · same stage
Make School Inc.EdtechSeries A$27.3M$235.2Msame sector · same stage
Rize Education, Inc.EdtechSeries A$25.0M$44.6Msame sector · same stage
Full Measure Education, Inc.EdtechSeries A$22.8M$111.1Msame sector · same stage
Kyron Learning, PBCEdtechSeries A$20.1M$78.7Msame sector · same stage
Jail Education Solutions, Inc.EdtechSeries A$18.8M$42.8Msame sector · same stage
Interplay Learning, Inc.EdtechSeries B$46.0M$112.9Msame sector
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
Amira Learning IncEdtechSeries B$214.7M84%
Lit Learning, Inc.EdtechPre-Seed$8.2M84%
Innova Learning, Inc.EdtechPre-Seed$14.4M84%
Higher Learning Technologies Inc.EdtechSeries A$129.5M83%
ACI Learning Holdings, LLCEdtechSeed$20.1M83%
Blended Education Inc.EdtechSeed$34.4M83%
Trek Learning Inc.EdtechSeries A$17.2M83%
Digital Learning Network Inc.EdtechPre-Seed$4.2M83%
Frequently asked
How much funding has Quad Learning, Inc. raised?
Quad Learning, Inc. has raised approximately $46.2M in disclosed capital across 9 recorded financing rounds, aggregated from public filings.
What is Quad Learning, Inc.'s estimated valuation?
Provath's modeled valuation for Quad Learning, Inc. is approximately $75.2M (modeled range $6.0M–$409.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Quad Learning, Inc. at?
Quad Learning, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Wed Jan 31.
What does Quad Learning, Inc. do and where is it based?
Quad Learning, Inc. operates in the Edtech sector, based in WASHINGTON.
Explore related

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

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