Achieve Partners has made an undisclosed investment in Beanstack, an app that gamifies reading programs, to support its expansion into more educational institutions.

Target Information

Beanstack is an innovative application designed to gamify student reading initiatives. The platform aims to facilitate the management of reading programs for educators, librarians, and families, allowing them to organize reading groups, conduct competitions, and achieve community reading goals while providing rewards and incentives for engagement. Since its founding in 2013 and headquartered in Arlington, Virginia, Beanstack has successfully integrated its services into over 200 school districts and 2,500 public libraries.

The company has raised nearly $4 million in funding to date. The most recent financing round, a $1.5 million Series A, occurred in January 2025 and was spearheaded by Riverside Acceleration Capital, with notable participation from investors such as Evoce Capital, Kapor Capital, and Militello Capital. Additionally, prominent entrepreneur and television figure Mark Cuban has been an advocate for Beanstack since its appearance on Shark Tank in 2014, when it was known as Zoobean.

Industry Overview

In the United States, the education technology sector has been expanding rapidly, driven by the increasing demand for innovative tools that enhance learning outcomes. The adaptation of technology in educational settings aims to address the various challe