D.C. ed-tech startup Zoobean had been making steady waves since its appearance on ABC’S “Shark Tank” in 2014 and $250,000 investment by Mark Cuban. But then the pandemic hit, and suddenly, the company saw five years worth of growth in a matter of five months.
Now, its founders say, the challenge is how to maintain that upward trajectory as the field gets ever more competitive and education returns to more in-person interactions — a process the company is in the process of figuring out now.
“Our company right now is in its crucial phase right from $5 million to $10 million and what comes with that is a shift in our vertical focus,” CEO and co-founder Felix Brandon Lloyd said. Essentially, its initial software was geared toward libraries, but the pandemic saw schools hunger for the product, opening a new, larger market opportunity that the business plans to capitalize more going forward.
Founded in 2014 by Jordan Lloyd Bookey and Felix Brandon Lloyd, Zoobean Inc. sells its flagship…
Read the full story from the Washington Business Journal.
