When was Practice founded?

Practice was founded in 2011 and raised its 1st funding round within a year of its incorporation.

Where is Practice located?

Practice is headquartered in Philadelphia, United States.

How many employees does Practice have?

As of Jul 01, 2024, the latest employee count at Practice is 1 - 10.

Is Practice a funded company?

Practice is a funded company, having raised a total of $13.5M across 10 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on May 31, 2011.

When was the latest funding round of Practice?

Practice's latest funding was a $***** Series A round on Aug 28, 2017, with participation from 0 investor. Its primary sector is Higher Education Tech. In United States, the Higher Education Tech sector has seen $149M in funding in 2026 to date.

Where does Practice rank among its competitors?

Practice ranks 4th amongst 982 active competitors, of which 41 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Learning, which secured an undisclosed amount in Aug, 2024.

Who are the top competitors of Practice?

Practice's top competitors include 5 Mins AI, RapL and Grovo. Among them, Learning secured the most recent funding round in August, 2024.

Practice - 2026 Company Profile, Funding & Competitors

Q: Is Practice an acquired company?

Practice got acquired by Instructure on Nov 28, 2017.

Company Details

Practice, formerly known as ApprenNet, provides professional development solutions for educators. Teachers are given the challenge to practice their skills and share responses via video. Fellow educators assess each other and provide feedback. Features include rubrics, timestamped comments, loops, and more. Works on the subscription-based pricing model. Supported by the National Science Foundation.

Website: info.apprennet.com/
Social

Key Metrics

Founded Year

2011

Location

Philadelphia, United States

Stage

Acquired

Total Funding

$13.5M in 10 rounds

Latest Funding Round

Series A, Aug 28, 2017, $*****

Investors

Ben Franklin Technology Partners & 16 more

Ranked

4^th among 982 active competitors

Employee Count

1 - 10 as on Jul 01, 2024

Similar Companies

5 Mins AI & 767 more

Exit Details

Acquired by Instructure (Nov 28, 2017)

View Practice's full profile

Practice is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Apprennet LLC CIN: 1531204 , United States, Active		$1 - $1M (As on Oct 03, 2011)	-	-

Practice got acquired by Instructure on Nov 28, 2017 at an acquisition amount of $*****.

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

Practice has raised a total funding of $13.5M over 10 rounds. Its first funding round was on May 31, 2011. Practice has 17 institutional investors.

Here is the list of recent funding rounds of Practice:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 28, 2017	2804057	Series A	8758767	8410371	3902429	9539984
Sep 22, 2016	5436512	Series A	6974434	2665360	8145718	Social Capital & 3 more
Aug 18, 2016	4815697	Series A	8634013	3746465	Ben Franklin Technology Partners	4324383

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View details of Practice's funding rounds and investors

Practice's employee count trend

Practice has 1 - 10 employees as of Jul 24. Here is Practice's employee count trend over the years:

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Top competitors of Practice include 5 Mins AI, RapL and Grovo. Here is the list of Top 10 competitors of Practice, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	5 Mins AI 2021, London (United Kingdom), Seed	Cloud-based LMS platform for enterprises	$6.98M	AlbionVC, Redbus Group & 6 others	57/100
2nd	RapL 2011, Bengaluru (India), Seed	Provider of AI-powered microlearning solutions for employee training	$2.62M	Faering Capital, Idea Labz & 11 others	55/100
3rd	Grovo 2010, New York City (United States), Acquired	Corporate Learning Management System (LMS)	$97.3M	Accel, Costanoa Venture & 18 others	52/100
4th	Practice 2011, Philadelphia (United States), Acquired	Professional development solution for educators	$13.5M	New Markets Venture Partners, City Light Capital ... & 15 others	51/100
5th	Gnowbe 2015, San Francisco (United States), Seed	AI-powered microlearning platform for engaging, mobile-first, social learning experiences	$1.7M	500 Global, COENT Venture Partners & 8 others	51/100
6th	BetterLesson 2008, Boston (United States), Series B	Provider of professional development, coaching, and curriculum resources for educators	$30.6M	Owl Ventures, Michael & Susan Dell Foundation ... & 9 others	50/100
7th	Uptime 2019, London (United Kingdom), Seed	Provider of microlearning platform delivering training, compliance, and employee enablement	$19M	Vault Investment, HB Investments & 7 others	50/100
8th	Learning 1999, Portland (United States), Series A	Online platform offering certification courses for teachers	-	Kayne Anderson Capital Advisors, Lumos Capital Group ... & 6 others	49/100
9th	BloomBoard 2010, Palo Alto (United States), Series B	Marketplace for professional development content for educators	$16M	Imagine K12, Western Technology Investment ... & 6 others	49/100
10th	Lumen Learning 2013, Portland (United States), Series C	Platform offering solutions for the professional development of teachers	$11.8M	Follett, Oregon Venture Fund & 8 others	49/100