Kids Educational App Portfolio - Sold for $15M
- Status
- Sold
- Industry
- Mobile Apps / EdTech
- Sale Price
- $15M
- Location
- Remote
- Listing Duration
- Closed
Founded in 2010, this mobile company builds educational apps for children ages 3 to 13. It has 20+ apps, 48M+ downloads, and 87K+ paying subscribers. It sold for $15M in January 2024.
Overview
The company built a portfolio of more than 20 educational apps that combine gaming with teaching. It has a strong reputation and market position in its niche.
Listing Details
Revenue comes from app sales and a yearly subscription, with a small share from contracts and one-time purchases. Subscribers grew 20 times from 2015. A small remote team of contractors runs the company.
Highlights
- 250,000+ five-star ratings
- Strong recurring revenue
- Pricing advantage over rivals
- Room to grow through paid ads, school sales, and international expansion
Listing Results
The company sold for $15M in January 2024. Livmo advised the seller.
Questions and answers
- Is this business for sale?
- No. The business sold. Livmo advised the seller.
- What was the sale price?
- $15M.
- What industry and location is the business in?
- Mobile Apps / EdTech, Remote.
- What are the key financials?
- $15M sale price; 48M+ downloads; 87K+ paying subscribers.
Figures come from company records and management representations. Livmo has not audited them. Buyers carry out their own due diligence.
Listing ID: RosiMosi