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

Seesaw Learning Overview

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

United StatesSan Francisco, CA

Website

seesaw.com

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

Seesaw Learning funding rounds
DateStageInvestorsRaisedDeal Summary
Oct 2021Undisclosed stageProvidence Equity Partners (lead)$175MSeesaw 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 2018Series AEthan Beard; Jeff Weiner; Bubba Murarka$8M-
Mar 2013SeedEthan 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

Investors in Seesaw Learning by funding rounds participated
InvestorHQRoundsRoleFirst check
Ethan BeardUnited StatesUnited States2ParticipantMar 2013
Providence Equity PartnersUnited StatesProvidence, RI1LeadOct 2021
GreylockUnited StatesSan Francisco, CA1ParticipantMar 2013
Jeff WeinerUnited StatesSan Francisco, CA1ParticipantFeb 2018

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Seesaw Learning Competitors

Seesaw Learning competitors include listed companies like Stride, East Buy and Youdao, and private ones like GoStudent, Age of Learning and Outschool.

Public and private companies comparable to Seesaw Learning
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
GoStudentAustriaViennaPrivate$107M$16M$3.4B-
StrideUnited StatesUnited StatesPublicly listed$2.5B$580M$3.4B1.2x
East BuyChinaChinaPublicly listed$850M$98M$3.4B2.8x
Age of LearningUnited StatesLos Angeles, CAPrivate$100M-$3B-
OutschoolUnited StatesSan Francisco, CAPrivate$100M-$3B30.0x
YoudaoChinaChinaPublicly listed$881M$29M$1.7B2.0x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Duolingo$1B$152M5.4x4.9x37.3x17.9x
Graham Holdings$4.9B$682M1.0x1.0x7.3x-
Stride$2.5B$580M1.2x1.2x5.1x4.8x
East Buy$850M$98M3.0x2.8x26.3x22.4x
COL Global$247M($78M)10.8x8.9x(34.3x)(2053.7x)
McGraw Hill$2.1B$613M2.4x2.3x8.1x6.5x
Alef Education$210M$150M8.2x7.8x11.5x11.1x
Youdao$881M$29M2.1x2.0x63.1x33.8x

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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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