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Based in Baltimore, Maryland, after relocating from New York City, Citelighter is an educational technology company that provides a software-as-a-service platform to automate research, citation, and paper writing for students and educators. The company's platform guides the entire academic writing process from initial prompts to final grading, serving users across 3,800 schools in 50 countries. Operating with a team of 42 employees as of 2015, the business generates revenue through enterprise software subscriptions sold directly to K-12 educational institutions. Citelighter has raised a total of $4.5 million in funding, which includes a $2 million seed funding round in 2015, securing capital from prominent backers including Propel Baltimore, Blu Venture Investors, New York Angels, and former T. Rowe Price CEO George Roche. The organization was originally founded in September 2011 by co-founders Saad Alam and Lee Jokl.
Citelighter has raised $4.3M across 3 funding rounds.
Citelighter has raised $4.3M in total across 3 funding rounds.
Citelighter has raised $4.3M across 3 funding rounds. Most recently, it raised $2.0M Seed in January 2015.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 21, 2015 | $2M Seed | Christopher College | ED Hajim, Frank A. Bonsal, Baltimore Angels, BLU Ventures, Gulf Ventures, Maryland Venture Fund, NEW York Angels | Announced |
| Feb 5, 2014 | $1.5M Seed | — | David Warnock, ED Hajim, Frank A. Bonsal, AlphaPrime Ventures, Baltimore Angels, Kevin A. Hollins, Canal+ Group, Edtechfund, Alessandro Piol, Vedanta Capital | Announced |
| Sep 17, 2012 | $750K Seed | — | Christopher Schroeder, JOE Abrams, Peter Bordes | Announced |
Citelighter has raised $4.3M in total across 3 funding rounds.
Citelighter's investors include Christopher College, Ed Hajim, Frank A. Bonsal, Baltimore Angels, Blu Ventures, Gulf Ventures, Maryland Venture Fund, New York Angels, David Warnock, AlphaPrime Ventures, Kevin A. Hollins, Canal+ Group.
