Odyssey

Odyssey

Partners with states to help them administer education savings accounts (“ESAs”) and microgrant programs.

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DateInvestorsAmountRound
-investor investor investor

€0.0

round
investor investor investor investor investor investor investor

€0.0

round
*

$10.0m

Series A
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD2022
Revenues0000
EBITDA0000
Profit0000
EV0000
EV / revenue00.0x
EV / EBITDA00.0x
R&D budget0000

Source: Dealroom estimates

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More about Odyssey
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Odyssey is a pioneering company that provides a comprehensive platform for managing Education Savings Accounts (ESAs) and microgrant programs. These programs are state-based initiatives that allocate funds to parents, allowing them to cover approved educational expenses tailored to their child's unique needs. Odyssey's platform simplifies the entire process for states, parents, and vendors, making it a one-stop solution for educational funding management.

For states, Odyssey offers a turnkey solution that handles everything from application processing to payment tracking and fraud elimination. This means that states can efficiently manage their ESA and microgrant programs without the administrative burden. The platform ensures that all aspects of the program are streamlined, from initial applications to ongoing customer support.

Parents benefit from Odyssey by gaining access to a marketplace where they can browse and purchase a wide range of educational products and services. These can include private school tuition, specialized therapies (like physical, occupational, and speech therapy), educational software, and tutoring services. The platform ensures that parents can easily find and pay for high-quality educational resources using state-provided funds.

Vendors, such as private schools, curriculum providers, tutors, therapists, and software companies, can also benefit from Odyssey. By becoming approved vendors, they gain access to a broader market where parents can use their ESA or microgrant funds. This opens up new business opportunities and simplifies the process of enrolling new students, invoicing customers, and accepting payments.

Odyssey operates in the educational technology market, focusing on state-funded educational programs. Its business model revolves around providing a robust platform that connects states, parents, and vendors, facilitating the efficient use of educational funds. The company generates revenue by offering its platform as a service to states and possibly through transaction fees or vendor subscriptions.

Keywords: ESA management, microgrant programs, educational funding, state programs, educational marketplace, vendor access, turnkey solution, parental choice, educational expenses, platform service.

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