 | |
| Industry | Subscription service |
|---|---|
| Founded | 2013 |
| Founder | Suren Markosian Kevin Donahue |
| Headquarters | , U.S. |
Area served | Worldwide |
| Products | E-books, education, digital media |
| Parent | Byju's |
| Website | www |
Epic! is an American kids subscription-based reading and learning platform. It offers access to books and videos for targeted at children ages 12 and under.[1] The service can be used on desktop and mobile devices.[2]
Epic! was founded in 2013 by Suren Markosian and Kevin Donahue[3] and launched in 2014.[4] Indian educational technology company Byju's acquired Epic! in July 2021 in a cash and stock deal worth $500 million.[5]
On January 25, 2024, lenders began bankruptcy proceedings against Epic's parent company Byju's in an effort to repay its loans.[6] On February 1, 2024, Byju's U.S. division filed for Chapter 11 bankruptcy in Delaware. Byju's would raise around $200 million in an effort to clear "immediate liabilities" and for other operational costs.[7]
- ^ "Digital book platform Epic! raises US$8 million". kidscreen.com. Archived from the original on 24 May 2022.
- ^ "Epic! has over 10 million kids e-books read in one year".
- ^ "Epic! Debuts Kids' Subscription E-book Venture".
- ^ "Epic Success in Kids' E-Book Subscription".
- ^ "Byju's acquires reading platform Epic for $500 million in US expansion push". TechCrunch. Archived from the original on 25 July 2021. Retrieved 2021-11-14.
- ^ "Lenders begin bankruptcy proceedings against India's Byju's". Reuters. January 25, 2024. Retrieved February 1, 2024.
- ^ "Indian edtech Byju's US unit files for bankruptcy in Delaware". Yahoo! Finance. February 1, 2024. Retrieved February 1, 2024.