Change: offered +124% / raised +153% / placed 85%
LightSail develops and markets an adaptive, tablet-based literacy platform designed to provide teachers with the tools to boost students’ interest, passion and proficiency in reading. It features an interactive e-reader, embedded assessments, real-time data. Backers include Serious Change.
Ryan Alexander (President) leads the New York NY based company which was registered in 2012. LightSail elected to keep its revenues undisclosed.
The executive team includes Gideon Stein.
Status: Intermediary close
Industry: Other Technology
Amount offered: $10.24 million
Amount placed: $8.69 million
First sale: 11-01-2013
Data as of: 10-30-2014