Project Read AI
PrivateLast Round
Grant
Feb 9, 2026
Est. Valuation
$450M
Total Funding Raised
$85.62M
Momentum
Top 50%
of companies Caplight tracks
Company Overview
Project Read AI is an educational technology company that provides an AI-powered platform for educators and students to support literacy instruction rooted in the Science of Reading.
Sector
Enterprise Software
Verticals
NLP & Conversational AI, Vertical SaaS, Content Creation
Business Model
B2B
Customer Profile
Subscription SaaS, Usage-Based SaaS, Freemium
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Project Read AI Comparables
Compare Project Read AI with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| LitLab.ai | 87% | |
| Amira Learning | 83% | |
| Renaissance Learning | 75% |
Project Read AI Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Grant | Feb 9, 2026 | ||||
| Grant | Sep 3, 2025 | ||||
| Series B | Oct 28, 2024 | ||||
| Grant | Sep 3, 2024 | ||||
| Grant | Jun 10, 2024 | ||||
Series A | Apr 2, 2024 |
Key People
Founding team and executive leadership
Project Read AI Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| U.S. Department of Education | Grant |
| Goodwater Capital | Series B, Series A |
| PSL Ventures | Seed |
| NewSchools Venture Fund | Grant |
| Smash Capital | Series B |
| Ascendium Education Group | Grant |
| Madrona Venture Group | Series A, Series B, Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jun 20, 2026
Monthly visitors increased 31% MoM to 105.5K.
- Feb 21, 2026
Grew 50% QoQ, from 8 to 12 employees.
Project Read AI Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Request accessFrequently Asked Questions
Common questions about Project Read AI's valuation, stock price, and market status.
Is Project Read AI a public or private company?
Project Read AI is a private company.
What is the current stock price of Project Read AI?
Project Read AI is a private company with no public stock price. Caplight tracks Project Read AI's secondary market activity and provides MarketPrice estimates to Caplight users.
How much is Project Read AI worth (valuation)?
Project Read AI's valuation is estimated at $450.0M based on funding round data.
Can I buy Project Read AI stock?
Project Read AI shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.
When was Project Read AI's last funding round?
Project Read AI's most recent funding round was Grant on October 28, 2024.
Who are the main investors in Project Read AI?
Key investors in Project Read AI include Goodwater Capital, NewSchools Venture Fund, Smash Capital, Madrona Venture Group.
Will Project Read AI IPO soon?
No public IPO plans have been announced for Project Read AI.
How can I track Project Read AI secondary market activity?
Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Project Read AI's secondary market activity and sign up for updates.