Tag Archives: Iconiq Capital

Age of Learning raises $150 million at $1 billion valuation

Education startup Age of Learning has transitioned from being an unknown to a unicorn, thanks to its widely popular app ABCMouse. The company has raised $150 million at a $1 billion valuation from Iconiq Capital. The company’s subscription-based classroom app for early learners is dominating the US market, and with over one million of subscribing families, it is the most downloaded educational app in the US. It services kids between two and seven years old and offers a wealth of activities from reading and math, to art, science and music. ABCMouse is profitable with an annual revenue of over $100 million.