Wonder

Research Outline

Prepared for David F. | Delivered July 1, 2020

ScootPad and ACT - Company and Product Profiles

Goals

To provide a company profile for Scootpad and for the non-profit organization, ACT, including for both the year founded, HQ, founders, investments, notable investors, number of employees, revenues, notable news since founding (focus on last 3 years), and products offered, etc. 
In addition, to provide a product profile for Scootpad including description, target ages, topics covered, value proposition, difference between consumer product and K-12 product, screenshots and demos, user reviews, professional organizations (e.g., Edsurge) reviews, number of users, notable districts the product is used in. This information will be used for launching a supplemental math product in the K-12 market. 

Early Findings

Scootpad  ScootPad offers an adaptive learning platform for grades K-8. 
ScootPad was founded by Bharat Kumar and Maya Gadde in 2011. 
ScootPad is headquartered in San Jose, California. 
According to Crunchbase, ScootPad has raised $1.6 million in two funding rounds. 
The company's latest funding was raised on November 10, 2013 from a Seed round. Six investors participated in this round to raise $1 million. 
Some of the notable investors of the company are John Keller, founder of Weather Analytics; Michael Tate, 
prior CFO of Annapurna Labs; Abe Korgav, President of IAK Consulting; Brad Buss, Member of the Board of Directors of Advance Auto Parts; 
Roland Cortes, VP & General Counsel at NetLogic Microsystems; and Ron Jankov, CEO and founder of GlobalLink1 Capital. 
According to ZoomInfo, ScootPad has 164 employees. 
It's latest annual revenue is $2.20 million. ZoomInfo's estimates the latest quarter's revenue to be $31 million.  
ACTACT offers a wide range of products and solutions including the recently acquired ScootPad and SimplyAdaptive, as well as icurio, Mawi Learning, ACT SkillSuite, ACT Stack, ACT Tessera, ACT CollegeReady, ACT Enrollment Management, and ACT WorkKeys, among others.
Summary of FindingsIn the initial hour, we were able to provide a company profile for ScootPad. 
We have also set up this Google Slides presentation to provide the company and product profiles, screenshots, and reviews in one place. 