When was LearningMate founded?

LearningMate was founded in 2001 and raised its 1st funding round 3 years after it was founded.

Where is LearningMate located?

LearningMate is headquartered in Princeton, United States. It is registered at Level7to10,74TechnoPark,74/II,CCrossRoadMIDC,MarolIndustrilaArea,Andheri(Ea, st), Mumbai City, Mumbai, Maharashtra, India, 400093.

Which legal entities is LearningMate associated with?

LearningMate is associated with STRAIVE PRIVATE LIMITED and 1 other.

How many employees does LearningMate have?

As of Sep 30, 2026, the latest employee count at LearningMate is 2162.

Is LearningMate a funded company?

LearningMate is a funded company, having raised a total of $2.06M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 20, 2004.

How much is LearningMate worth?

The last known valuation of LearningMate was ₹***** as of Jun 05, 2009.

When was the latest funding round of LearningMate?

LearningMate's latest funding was a $***** Series A round on Jun 04, 2009, with participation from 3 investors.

What is the annual revenue of LearningMate?

Annual revenue of LearningMate is more than ₹1,000 Cr as on Mar 31, 2025

Where does LearningMate rank among its competitors?

LearningMate ranks 9th amongst 2257 active competitors, of which 80 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Encoura, which secured an undisclosed amount in Jan, 2024.

Who are the top competitors of LearningMate?

LearningMate's top competitors include Prisa, NSPIRA and Integra. Among them, Encoura secured the most recent funding round in January, 2024.

LearningMate - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

LearningMate is a global education technology (EdTech) solutions provider that helps educational institutions, publishers, EdTech companies, and workforce organizations improve learning experiences and modernize their technology operations. Founded in 2001 and headquartered in Princeton, New Jersey, LearningMate brings more than two decades of experience in education-focused content, technology, data, and AI solutions.

Website: learningmate.com
Social
Phone Number: +1 **********
Registered Address: Level7to10,74TechnoPark,74/II,CCrossRoadMIDC,MarolIndustrilaArea,Andheri(Ea, st), Mumbai City, Mumbai, Maharashtra, India, 400093

Key Metrics

Founded Year

2001

Location

Princeton, United States

Stage

Acquired

Total Funding

$2.06M in 2 rounds

Latest Funding Round

Series A, Jun 04, 2009, $*****

Last Known Valuation

₹***** as on Jun 05, 2009

Investors

The Carlyle Group & 9 more

Ranked

9^th among 2257 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

2,162 as on Sep 30, 2026

Investment & Acquisitions

JobReady

Similar Companies

Prisa & 2363 more

Exit Details

Acquired by Straive (Aug 17, 2020)

View LearningMate's full profile

LearningMate is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
SPI GLOBAL CONTENT HOLDING PTE. LTD. UEN: 201712651C , Singapore, Active	May 08, 2017	$1M - $10M (As on Dec 31, 2023)	-
STRAIVE PRIVATE LIMITED CIN: U72900MH2003PTC234753 , India, Active	Jun 17, 2003	₹1,000+ Cr (As on Mar 31, 2025)	1313 (As on May 01, 2026)

LearningMate got acquired by Straive on Aug 17, 2020.

Click here to take a look at LearningMate's acquisition in detail

LearningMate has raised a total funding of $2.06M over 2 rounds. Its first funding round was on Sep 20, 2004. Its latest funding round was a Series A round on Jun 04, 2009 for $*****. 3 investors participated in its latest round. LearningMate has 3 institutional investors and 7 angel investors.

Here is the list of recent funding rounds of LearningMate:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 04, 2009	9455031	Series A	9858093	1630348	9537557	5064065
Sep 20, 2004	4903465	Seed	4012691	9959604	The Carlyle Group	6654356

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View details of LearningMate's funding rounds and investors

The founders of LearningMate is Samudra Sen. Samudra Sen is the CEO of LearningMate.

Here are the details of LearningMate's key team members:

Samudra Sen: Founder & CEO of LearningMate. They serve on the board of 1 company.

LearningMate's Board of Directors

LearningMate's board has 8 active members. Samudra Sen, Abhishek Kumar Jain, Bharadwaj Rangarao Manju, Kumar Subramaniam and Ankor Rai are part of team and John Fletcher Iii, Edgar Meyer Cullman Jr and David Michael Danziger are independent board members.

Here is the list of LearningMate's board of directors:

Name	Type	Representing	Status	Duration
Samudra Sen	Team	-	Current	23y 2m
wmigyit	Team	-	Current	4y 9m
vtbwoyl	Team	-	Current	4y 3m
iacisdo	Team	-	Current	6y 8m
pfctvjd	Team	-	Current	7y 7m
hiotlpj	Independent board member	-	Past	5y 9m
cgkmtng	Independent board member	-	Past	9y 4m
jmr{hek	Independent board member	-	Past	3y 5m
gsatpny	Independent board member	-	Past	2y 8m
idutzqc	Independent board member	-	Past	3y 6m
olvqavy	Independent board member	-	Past	6y 1m
fjwbruv	Independent board member	-	Past	1y 2m

View details of LearningMate's Founder profiles and Board Members

LearningMate's employee count trend

LearningMate has 2,162 employees as of Sep 26. Here is LearningMate's employee count trend over the years:

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Top competitors of LearningMate include Prisa, NSPIRA and Integra. Here is the list of Top 10 competitors of LearningMate, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Prisa 1958, Madrid (Spain), Public	Provider of education, information, and entertainment media	-	Vivendi, IVA Ventures & 5 others	63/100
2nd	NSPIRA 2014, Hyderabad (India), Series C	Management services provider to education sector	$75M	Morgan Stanley, Samena Capital & 24 others	62/100
3rd	Integra 1994, Puducherry (India), Series A	Provider of publishing services for academic books journals and education	$2.18M	Baring Private Equity Partners, Srisiddhienterprise ... & 6 others	59/100
4th	LINC Education Services 2017, Singapore (Singapore), Funding Raised	Support services for higher educational institutes and online students	-	Vag Edu, OES & 10 others	58/100
5th	Gruppo Spaggiari Parma 1926, Parma (Italy), Acquired	Provider of education, training, and infrastructure services	-	-	56/100
6th	Encoura 1978, Austin (United States), Acquired	Educational data science, analytics, and research platform	$6.44M	Nexus, Sterling Partners Education Opportunity Fund ... & 1 others	55/100
7th	Boxlight 1985, Lawrenceville (United States), Public	Developer & provider of interactive classroom technology	-	The Lind Partners, Falcon Capital	54/100
8th	Varsity 2011, Hyderabad (India), Series B	Provider of education administration programs for schools	$71M	NSR Partners, Coeus Education Management & 3 others	54/100
9th	LearningMate 2001, Princeton (United States), Acquired	Provider of education-focused solutions that help institutions, publishers, and EdTech organizations improve learning experiences and modernize technology operations	$2.06M	The Carlyle Group, Culbro & 8 others	54/100
10th	Ser Educacional group 2003, Recife (Brazil), Public	Limited information available	-	IFC, Cartesian Capital Group	52/100

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Looking for more details on LearningMate's competitors? Click here to see the top ones

STRAIVE PRIVATE LIMITED, the legal entity associated with LearningMate, generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of STRAIVE PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 8% in the last 1 year.

Financial Statement Summary

Metrics	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Income Statement
Revenue	3239	8196	1829	6698	1564
Total Sales	5555	9361	8465	9262	4803
Total Expenses	7353	4503	4905	8892	3270
Operating Expenses	6745	7289	2433	9420	5340
Employee Expenses	5542	7425	2476	3575	3911
Marketing Expenses	4792	9686	6103	4032	8055
Operating Income (EBIT)	9377	6461	1955	3971	3047
Interest Expenses	7610	6909	3526	6339	9024
Expenses from other activities	7798	1916	8868	4070	6223
Information Technology Expenses	5907	2332	3483	2561	7626
EBITDA	2600	1571	7820	3193	7539
Taxes	9622	7792	4412	7474	7102
Net Profit	6130	5872	7063	4841	8208
Balance Sheet
Assets	3502	3548	9422	8087	6922
Cash Equivalent	7135	7423	6820	6161	3955
Accounts Receivables	5942	1309	4440	3570	7547
Inventory	5868	6561	7572	3996	2899
Liabilities	6959	5474	7007	7322	1273
Total Debt	2517	7224	7427	7370	6527
Accounts Payable	5607	1812	4167	5585	7471
Equities	2419	7376	1343	6553	9596
Cashflow Statement
Cash from Operating activities	2006	8916	9995	7412	2698
Cash from Investing activities	2748	2324	8915	3820	9356
Net cash from Financing activities	2612	3395	6561	6190	6249

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Funds (largest shareholder) own 72.98%, Parent Entities own 6.65% and Other People own 20.37%. The cap table displayed below is for STRAIVE PRIVATE LIMITED which is the legal entity associated with LearningMate.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Fund	72.98%	17.6Cr	3454371	9105157	3423935	4154216
The Carlyle Group	1871332	8928771	1205721	4877937	2373241	1255307
Helix Investments	8896498	1891363	6451213	8227491	8773621	5324106
Parent Entity	6.65%	1.6Cr	388755	461873	524224	570360
Other People	20.37%	4.9Cr	8155559	7506289	9798103	5681092
Total	100.00%	24.1Cr	7759417	1836851	5979833	5346352