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- Seesaw Learning
Seesaw Learning Funding, Investors & Competitors
Seesaw Learning has raised $188M across 3 funding rounds, most recently a $175M undisclosed-stage round in October 2021.
Last Seesaw Learning funding round
$175M
Undisclosed stage · Oct 2021
Cumulative funding Seesaw Learning raised
$188M
across 3 funding rounds
Key investors in Seesaw Learning
Ethan Beard
Greylock
Providence Equity Partners
Jeff Weiner
Dan Rose
Bubba Murarka
About Seesaw Learning
Seesaw is a San Francisco-headquartered edtech platform connecting teachers, students, and families in K-12 settings across the United States and 150 countries. It facilitates digital portfolios, assignments, and parent communications, reaching over 75 percent of U.S. schools monthly.
Founded
2013
HQ
Website
Status
Privately held
Customer focus
B2B & B2C
Revenue model
Subscription
Seesaw Learning Funding History
Seesaw Learning has raised a total of $188M across 3 funding rounds.
Seesaw Learning's first fundraising round was a $5M seed round in March 2013. The most recent completed round was a $175M undisclosed-stage round in October 2021.
Seesaw Learning funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Oct 2021 | Undisclosed stage | Providence Equity Partners (lead) | $175M | Seesaw Learning is a San Francisco-based SaaS classroom technology platform focused on elementary grades, enabling teachers, students, and families to collaborate through digital portfolios, learning management, supplemental curriculum, parent communication, and creative tools. It gained widespread adoption during the pandemic, serving over 10 million users in 75% of U.S. schools and 130+ countries as of 2021. On October 22, 2021, Providence Equity Partners made a strategic growth investment in Seesaw, with Providence as the sole named investor and lead; co-founders Adrian Graham and Carl Sjogreen continued leading the company. Baird acted as exclusive financial advisor to Providence on the transaction, described as a buyside M&A deal. Post-investment, Seesaw pursued growth, making its first add-on acquisition of Little Thinking Minds (Arabic literacy edtech) in mid-April 2025 to expand into MENA, with plans for more buys in curriculum and digital tools, and entry into non-English markets like Brazil. By 2025, CEO Matthew Given reported expected USD 60m revenue (flat from 2024), over 25m users in 150 countries, and penetration in over 50% of Australian elementary schools, amid U.S. edtech challenges from ended pandemic funding. |
| Feb 2018 | Series A | Ethan Beard; Jeff Weiner; Bubba Murarka | $8M | - |
| Mar 2013 | Seed | Ethan Beard; Greylock; Dan Rose | $5M | - |
Who has invested in Seesaw Learning?
6 investors have backed Seesaw Learning across its funding rounds, including Ethan Beard, Greylock, Providence Equity Partners, Jeff Weiner, Dan Rose and Bubba Murarka.
Lead investors include Providence Equity Partners.
Seesaw Learning Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Mar 2013 | ||
| 1 | Lead | Oct 2021 | ||
| 1 | Participant | Mar 2013 | ||
| 1 | Participant | Feb 2018 | ||
This data is available for Pro users. Sign up to see all 6 Seesaw Learning investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialSeesaw Learning Competitors
Seesaw Learning competitors include listed companies like Stride, East Buy and Youdao, and private ones like GoStudent, Age of Learning and Outschool.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $107M | $16M | $3.4B | - | ||
| Publicly listed | $2.5B | $580M | $3.4B | 1.2x | ||
| Publicly listed | $850M | $98M | $3.4B | 2.8x | ||
| Private | $100M | - | $3B | - | ||
| Private | $100M | - | $3B | 30.0x | ||
| Publicly listed | $881M | $29M | $1.7B | 2.0x |
Seesaw Learning Public Comps
Seesaw Learning is still privately-owned, but its public comps include Duolingo, Graham Holdings, Stride, East Buy, COL Global, McGraw Hill, Alef Education, Youdao, Coursera and Afya.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1B | $152M | 5.4x | 4.9x | 37.3x | 17.9x | |||
| $4.9B | $682M | 1.0x | 1.0x | 7.3x | - | |||
| $2.5B | $580M | 1.2x | 1.2x | 5.1x | 4.8x | |||
| $850M | $98M | 3.0x | 2.8x | 26.3x | 22.4x | |||
| $247M | ($78M) | 10.8x | 8.9x | (34.3x) | (2053.7x) | |||
| $2.1B | $613M | 2.4x | 2.3x | 8.1x | 6.5x | |||
| $210M | $150M | 8.2x | 7.8x | 11.5x | 11.1x | |||
| $881M | $29M | 2.1x | 2.0x | 63.1x | 33.8x | |||
This data is available for Pro users. Sign up to see all Seesaw Learning competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Seesaw Learning
| When was Seesaw Learning founded? | Seesaw Learning was founded in 2013. |
| Where is Seesaw Learning headquartered? | Seesaw Learning is headquartered in San Francisco, CA, United States. |
| Is Seesaw Learning publicly listed? | No, Seesaw Learning is a private, VC-backed company. |
| How much funding has Seesaw Learning raised? | Seesaw Learning has raised $188M across 3 funding rounds. |
| What was Seesaw Learning's last funding round? | Seesaw Learning's last funding round was a $175M undisclosed-stage round in October 2021, led by Providence Equity Partners. |
| Who are Seesaw Learning's investors? | Seesaw Learning's investors include Ethan Beard, Providence Equity Partners, Greylock, Jeff Weiner, Bubba Murarka and Dan Rose. |
| Which companies are comparable to Seesaw Learning? | Companies comparable to Seesaw Learning include GoStudent, Stride, East Buy, Age of Learning, Outschool and Youdao. |
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