Paper Acquires Readlee
March 14, 2023
Paper, the Montreal-based Educational Support System (ESS), has acquired Readlee, an AI- and speech-recognition-powered literacy tool. Readlee will be integrated into Paper's platform as "Paper Reading," expanding Paper's literacy capabilities and making the tool available across Paper’s reach of over 3 million students; the deal involves investors including Kern Venture Group.
- Buyers
- Paper
- Targets
- Readlee
- Sellers
- Kern Venture Group
- Industry
- Education
- Location
- United States
- Transaction Type
- Addon
Explore More
Related Acquisitions
-
Ignite Reading Acquires Esteam to Add AI-driven Reading Assessment
September 24, 2025
Education
Ignite Reading, a San Francisco-based virtual tutoring and literacy company, has acquired Esteam, an AI-driven education startup that uses speech recognition to assess reading and map student skills. The deal brings Esteam's automatic speech recognition and assessment capabilities into Ignite Reading's high-dosage 1:1 tutoring platform to enable more personalized, real-time instruction; financial terms were not disclosed.
-
Updraft Education Group Leads Pre-Seed Investment in Adaptive Reader
January 23, 2025
Education
Adaptive Reader, an education-technology platform focused on reading accessibility, closed an oversubscribed pre-seed round led by Updraft Education Group with participation from Transcend Fund, WJG Investments and several education industry executives. The funding will accelerate the company’s expansion of multilingual and leveled text offerings, publisher partnerships, print-on-demand capabilities, and its AI-powered platform.
-
Leeds Equity Partners Acquires Learnosity
January 16, 2025
Education
Leeds Equity Partners has acquired Learnosity Holdings Ltd., a Dublin-based provider of digital assessment and AI-enabled authoring solutions for K-12, higher education, corporate L&D, government and certification markets. Terms were not disclosed; Leeds Equity said the acquisition will build on its education software expertise and support Learnosity's next stage of growth.
-
95 Percent Group Acquires Tools 4 Reading
February 22, 2023
Education
95 Percent Group, a portfolio company of Leeds Equity Partners, announced the acquisition of Tools 4 Reading, a provider of Science of Reading-aligned professional learning and classroom resources. The add-on expands 95 Percent Group's phonics ecosystem and professional development offerings to support schools' transition to structured literacy; terms were not disclosed.
-
Beable Education Acquires Readorium
June 9, 2022
Education
Beable Education has acquired Readorium, a provider of adaptive, standards-aligned science reading-comprehension software, and will integrate Readorium’s content into its Literacy Recovery Platform beginning with the 2022/23 school year. The deal expands Beable’s curriculum offerings to include science-based reading materials to support literacy recovery and STEM career exploration for grades 2–12.
-
DreamBox Learning Acquires Reading Plus
August 17, 2021
Education
DreamBox Learning, a Bellevue-based K-8 education technology provider, has acquired Reading Plus, a Winooski, Vermont-based adaptive online reading program for grades 3–12. The purchase—sold by Avathon Capital—expands DreamBox's product portfolio from math into English language arts (reading), creating a combined dual-discipline offering for K-12 customers.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.