About Edovate Capital
Edovate Capital is a venture capital firm founded in 2013. It is primarily based out of Denver, United States. As of Aug 2023, Edovate Capital has invested in 29 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from EdTech to Enterprise Applications and FinTech. Most recently it participated in the $***** Seed round of MagicSchool Overall, Edovate Capital portfolio has seen 1 unicorn and 8 acquisitions including key companies like GoGuardian, Pear Deck and LearnPlatform. A lot of funds co-invest with Edovate Capital, with names like Red House Education sharing a substantial percentage of its portfolio. Edovate Capital has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Acquisitions
Portfolio Unicorns
Edovate Capital's List of Top Investments
Edovate Capital has a portfolio of 29 companies, one of which is a Unicorn. Their most notable investmentis in LearnPlatformTheir portfolio spans across United States, Canada and Norway. They have invested in EdTech, Enterprise Applications, FinTech and 6 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Edovate Capital:
1. GoGuardian
AI and cloud-based platform offering school management software. The platform enables members to monitor, manage, and filter any school device on your network. Schools can also monitor student activity, control inappropriate content, and manage theft. It also helps members in identifying students who are most at risk of suicide using machine learning.
Key facts about GoGuardian
- Founded Year: 2014
- Location: Los Angeles (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $200M
- Employee Count: 543 as on Jul 31, 2026
- Investors: Sumeru Equity Partners, Golub Growth and 5 Others
- Latest Funding Round: Series B, Aug 05, 2021, $*****
- Highlight: Editors' Pick
2. Kiddom
App-based platform offering content management solutions for teachers. It is a classroom management platform that integrates different apps, tools, and software used in classrooms through a unified platform. It helps teachers manage content, curricula, communication, and analytics from one platform. It syncs student achievement data with the learning management and student information systems. Its app is available for Android and iOS devices.
Key facts about Kiddom
- Founded Year: 2012
- Location: Mountain View (United States)
- Stage: Series C
- Total Funding till date: $56.5M
- Employee Count: 274 as on Jul 31, 2026
- Investors: Outcomes Collective, Khosla Ventures and 6 Others
- Latest Funding Round: Series C, Aug 13, 2021, $*****
- Highlight: Editors' Pick
3. Paper
Paper provides an educational support system for educational institutes. It provides teaching and learning solutions for teachers and students respectively and offers features such as online learning solutions, learning collaborative tools, teacher retention solutions, personalized learning solutions, and more.
Key facts about Paper
- Founded Year: 2014
- Location: Montreal (Canada)
- Stage: Series D
- Total Funding till date: $390M
- Employee Count: 943 as on Jul 31, 2026
- Investors: Sapphire Ventures, Salesforce Ventures and 17 Others
- Latest Funding Round: Series D, Feb 04, 2022, $*****
- Highlight: Editors' Pick
4. MagicSchool
AI-powered platform offering lesson planning solutions for teachers. It also provides assignment management solutions for teachers.
Key facts about MagicSchool
- Founded Year: 2023
- Location: Denver (United States)
- Stage: Series B
- Total Funding till date: $65.3M
- Employee Count: 276 as on Jul 31, 2026
- Investors: GSV Ventures, Atreides Management and 23 Others
- Latest Funding Round: Series B, Jan 16, 2025, $*****
- Highlight: Editors' Pick
5. BookNook
Online platform providing multi-disciplinary learning solutions for school curriculum. It provides reading and maths learning solutions. It provides activity-based learning solutions. It also provides online tutoring services.
Key facts about BookNook
- Founded Year: 2016
- Location: San Francisco (United States)
- Stage: Seed
- Total Funding till date: $3.3M
- Employee Count: 582 as on Jul 31, 2026
- Investors: For Good Ventures, Lumos Capital Group and 11 Others
- Latest Funding Round: Seed, Apr 11, 2018, $*****
- Highlight: Editors' Pick
Edovate Capital's Year-on-Year Investment Trends
Edovate Capital has invested in 29 companies over the last 11 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in MagicSchool and most recent follow-on round was in Swing Education.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 1 | 0 | 1 |
2022 | 0 | 0 | 0 |
2021 | 3 | 0 | 3 |
2020 | 1 | 0 | 1 |
2019 | 0 | 0 | 0 |
2018 | 1 | 2 | 3 |
Edovate Capital's Investments by Stage
Edovate Capital has made 6 investments in Seed stage with an average round size of $3.52M and 2 investments in Series A stage with an average round size of $7.75M.Stage of entry | No. of Investments |
|---|---|
Seed | 6 |
Series A | 2 |
Note: We have considered here, only first round of investments
Edovate Capital's Investments by Sector
Edovate Capital has a diverse portfolio, with companies operating in the EdTech, Consumer, Enterprise Applications, Education and Gig Economy. Notably, it has invested in 28 Tech companies, 25 Enterprise (B2B) companies, 16 Software companies and at least 11 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
EdTech | 8 |
Consumer | 3 |
Enterprise Applications | 3 |
Education | 1 |
Gig Economy | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Edovate Capital's Investments by Geography
Edovate Capital has made most investments in United States (7), followed by Canada where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 7 |
Canada | 1 |
Note: We have considered here, only first round of investments
Edovate Capital's recent investments
Edovate Capital has not made any investment in 2026 so far.Here are the most recent investments by Edovate Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 25, 2023 | United States | Seed | 8521 | [+12] | |
Sep 02, 2021 | United States | Series A | 3227 | [+6] | |
May 18, 2021 | United States | Seed | 2261 | [+2] | |
Jan 11, 2021 | United States | Seed | 8634 | [+7] | |
Mar 11, 2020 | Canada | Series A | 2565 | [+6] |
Unicorns in Edovate Capital's Portfolio
Edovate Capital has 1 unicorn in its portfolio - GoGuardian. The most recent unicorn in their portfolio is GoGuardian which became a unicorn in 2021, 5 years before Edovate Capital first invested in it.Here is a list of unicorns in Edovate Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
73 | AI and cloud-based platform offering school management software | 2014 | Los Angeles | Series B | whctitg |
Acquired companies in Edovate Capital's Portfolio
8 companies from Edovate Capital's portfolio have been acquired. The most recent acquisition was LearnPlatform in Dec 2022 by Instructure for $*****.Here are Edovate Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 15, 2022 | Jul 30, 2015 | Seed | 8054 | |
Apr 21, 2022 | May 18, 2021 | Seed | 9255 | |
Jun 24, 2021 | - | - | 4713 | |
Nov 25, 2020 | - | - | 9061 | |
Oct 29, 2019 | - | - | 2162 |
Team profile of Edovate Capital
Edovate Capital has a team of 1 member located in United States. Edovate Capital's team does not sit on the board of any company as of now.Co-investors of Edovate Capital
Over the past 11 years, 70 investors have co-invested in Edovate Capital's portfolio companies. This includes funds and angels.
- Invested before Edovate Capital: Birchmere Ventures, BDC and 10 others have invested in rounds before Edovate Capital. There is 1 company where Birchmere Ventures has invested before Edovate Capital and 1 company where BDC has invested before Edovate Capital.
- Top Co-investors of Edovate Capital: 34 investors entered a company along with Edovate Capital. These include investors like Red House Education (6 companies).
- Invested after Edovate Capital: A total of 24 investors have invested in Edovate Capital's portfolio after their investments. Top Investors include IVP (1 company), Framework Venture Partners (1 company) and Execute to Win (1 company).
Recent News related to Edovate Capital
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Novel Capital: Raises Seed Extension FundingFintechinshorts•Jul 21, 2022•Novel Capital, Ulu Ventures, MatterScale, Edovate Capital and 3 others
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EveryDay Labs Raises $8M in Series A FundingFinSMEs•Sep 06, 2021•EveryDay Labs, Rethink Impact, Reach Capital, Gary Community Ventures and 5 others
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Wellness, edtech startup lands $4M to fund mission to prevent student suicidesThe Business Journals•May 18, 2021•Rhithm, Reach Capital, SJF Ventures, Red House Education and 1 other
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Inspirit – Why Sierra Ventures InvestedSierra Ventures•Jan 28, 2021•Inspirit, Sierra Ventures, Unshackled Ventures, AME Cloud Ventures and 4 others
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Paper Raises $7.5M in FundingFinSMEs•Mar 11, 2020•Reach Capital, Bullpen Capital, Birchmere Ventures, BDC and 7 others
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Swing Education Raises $15 Million to Connect More Schools With Substitute TeachersEdSurge•Jul 11, 2018•Swing Education, Google Ventures, Owl Ventures, Social Capital and 5 others
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BookNook Books Another $2M to Expand Digital Group-Reading PlatformEdSurge•Apr 11, 2018•BookNook, Better Ventures, Urban Innovation Fund, Impact Engine and 5 others
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LearnPlatform nabs $3.2 mlnPE Hub•Jan 26, 2018•LearnPlatform, New Markets Venture Partners, Emerson Collective, Kaplan and 4 others
