• 2005 November 18

Company Description

Unikum.net - a mobile web service for preschools and schools - just passing 1.000,000 user accounts - bootstrapped to 2 MUSD revenues

Unikum.net represents a new generation of focused School portal apps for preschools and schools - built from scratch to use mobile devices and collaboration platforms from Google, Microsoft and Apple. Unikum.net typically replaces the old generation of all-in-one Learning Platforms / LMS systems. Focus - Unikum a mobile learning portal focused on collaboration in country & curriculum specific core school processes such as 1) Planning for learning projects, based on the curriculum, 2) Formative and summative assessment, and 3) Follow up of learning results on student, group, school and municipality level. Traction - Unikum was founded in Sweden, and today has over 1 000 000 user accounts, in over 3000 schools in more than 50 cities. Unikum is growing rapidly and is preparing to enter other markets outside Sweden. Bootstrapped Saas business model - Unikum was founded in 2005 - is bootstrapped with cash flow positive growth - and has already reached 2 MUSD annually recurring revenue ARR. Drivers for growth - Important factors behind the growth are 1) Everything works on all devices (mobile, tablet, portable), 2) Built to complement cloud services from e.g. Google and Microsoft, 3) A complete built in curriculum database, and 4) A bank of over 200 000 learning projects with Creative Commons licenses shared between teachers across the country.