Recurrence

Recurrence

Tech company developing AI-driven solutions for video analysis and security. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD20222023
Revenues<1m<1m
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DateInvestorsAmountRound
-

N/A

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$250k

Seed
N/A

$100k

Seed
N/A

$480k

Early VC
N/A

$529k

Convertible
Total FundingAUD2.1m

Recent News about Recurrence

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Recurrence, Inc. offers an innovative educational platform designed to provide immersive experiential learning for university students. By stepping into the shoes of real executives within real companies, students gain practical insights and hands-on experience that traditional case studies cannot offer. The platform has been rigorously developed over five years, including three years of research and development with the Center for Leadership and Strategic Thinking at the University of Washington, supported by a National Science Foundation grant. It has been tested in over 50 prestigious universities worldwide, achieving 100% client retention and significantly higher adoption rates compared to competitors like Coursera in their first year.

Recurrence, Inc. primarily serves higher education institutions, including universities and colleges, aiming to enhance the learning experience for students in business and management programs. The company operates in the educational technology market, leveraging a subscription-based business model where institutions pay for access to the platform. Revenue is generated through these subscriptions, with additional potential for customized solutions and premium features.

The platform's effectiveness is evidenced by a controlled blind experiment where 96% of users reported increased engagement, improved teamwork, and a better understanding of course material. This high level of user satisfaction underscores the platform's value in modern education.

Keywords: experiential learning, university platform, executive simulations, student engagement, teamwork, educational technology, higher education, business education, subscription model, client retention.