When was Soal founded?

Soal was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is Soal located?

Soal is headquartered in Mumbai, India. It is registered at 801, Kamla Hub, N. S. Road No. 1 JVPD, Vile Parle west, Mumbai City, Mumbai, Maharashtra, India, 400049.

Which legal entities is Soal associated with?

Soal is associated with ACCELERATED LEARNING EDUTECH PRIVATE LIMITED.

Is Soal a funded company?

Soal is a funded company, having raised a total of $2.35M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 15, 2019.

How much is Soal worth?

The latest valuation of Soal is $***** as of Jul 13, 2022.

When was the latest funding round of Soal?

Soal's latest funding was a $***** Series A round on Jul 13, 2022, with participation from 1 investor.

What is the annual revenue of Soal?

Annual revenue of Soal is ₹2.07Cr as on Mar 31, 2022.

Where does Soal rank among its competitors?

Soal ranks 1st amongst 3 active competitors, only 1 of which is funded. Soal, which secured $851K in Jul, 2022.

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

Company Details

Online platform offering tech based programs. It offers courses on javascript,html,css,nodejs,reactjs and many more. It offers learning solutions for school,college and graduate students.

Website: soal.io
Social
Email ID: *****@soal.io
Registered Address: 801, Kamla Hub, N. S. Road No. 1 JVPD, Vile Parle west, Mumbai City, Mumbai, Maharashtra, India, 400049

Key Metrics

Founded Year

2017

Location

Mumbai, India

Stage

Series A

Total Funding

$2.35M in 4 rounds

Latest Funding Round

Series A, Jul 13, 2022, $*****

Post Money Valuation

$***** as on Jul 13, 2022

Investors

Munjal Auto Industries & 10 more

Ranked

1^st among 3 active competitors

Annual Revenue

₹2.07Cr as on Mar 31, 2022

Similar Companies

Holberton School & 3 more

View Soal's full profile

Soal is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ACCELERATED LEARNING EDUTECH PRIVATE LIMITED CIN: U80902MH2017PTC293523 , India, Active	Apr 06, 2017	$278K (As on Mar 31, 2022)	-

Soal has raised a total funding of $2.35M over 4 rounds. Its first funding round was on Oct 15, 2019. Its latest funding round was a Series A round on Jul 13, 2022 for $*****. 1 investor participated in its latest round. Soal has 5 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of Soal:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 13, 2022	9819245	Series A	7363769	4926382	1630205	1594831
Nov 09, 2021	2534652	Series A	9424234	4147432	3148220	3104866
Aug 21, 2020	1870122	Series A	5098780	7491283	Munjal Auto Industries	3261301

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View details of Soal's funding rounds and investors

The founders of Soal are Pratik Agarwal and Raj Desai.

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

Pratik Agarwal: Former Co-Founder of Soal and founder of 1 other company. They are also an angel investor in 3 startups and serve on the board of 1 company.
Raj Desai: Former Co-Founder of Soal and founder of 3 other companies, Proof of Skill, ThinkScream and School Of Accelerated Learning.

Soal's Board of Directors

Soal's board has 3 active members. Pratik Agarwal, Anuj Munjal and Varsha Bhambhani are part of team.

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

Name	Type	Representing	Status	Duration
Pratik Agarwal	Team	-	Current	8y 11m
Varsha Bhambhani	Team	-	Current	6y 11m
Anuj Munjal	Investor	Munjal Auto Industries	Current	5y 7m

View details of Soal's Founder profiles and Board Members

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Top competitors of Soal include Gigaversity and Kiyas. Here is the list of Top 10 competitors of Soal, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Soal 2017, Mumbai (India), Series A	Online platform offering tech based programs	$2.35M	Astarc Ventures, NSRCEL & 9 others	43/100
2nd	Gigaversity 2024, Hyderabad (India), Unfunded	Gigaverse is a platform that enables real-time interactive video streaming and community engagement, utilizing AI-powered tools to enhance user experience, moderation, and monetization capabilities.	-	-	24/100
3rd	Kiyas 2023, Hyderabad (India), Unfunded	Provider of personalized training on job-oriented courses	-	-	16/100

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Founders (largest shareholder) own 49.89%, Funds own 6.78%, Enterprises own 29.48% and Angels own 2.27%. The net worth of Soal's founders is INR 24.1Cr as of Jul 13, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	49.89%	24.1Cr	9525568	2437543	5926807	1756817
Pratik Agarwal	7614631	9355762	9021083	6344712	9633364	5152329
Raj Desai	3925333	3714866	7906660	3306637	7084854	7052700
Fund	6.78%	3.28Cr	765111	469556	286055	125018
Astarc Ventures	243668	602893	554451	229351	584063	303619
Enterprise	29.48%	14.3Cr	3436236	6474092	3692257	1647664
Angel	2.27%	1.1Cr	47	78	89	44
Srinivas Kollipara	0	0	0	0	0	0
Other People	0.52%	25.2L	0	0	0	0
ESOP Pool	11.07%	5.36Cr	2080284	6255980	6763079	3239611
Total	100.00%	48.4Cr	2152825	7018519	6202868	7793743