Saturn

Saturn

Time-based social network for students

About

Saturn Technologies Inc. has created a time-based social network centered around a calendar app that combines scheduling with social features. This app allows users, particularly students, to manage their assignments, homework, and tasks while staying connected with friends. The platform is designed to make time management more interactive and engaging, catering specifically to high school and college students who benefit from a collaborative approach to organizing their schedules. Unlike traditional calendar apps, Saturn integrates social networking elements, enabling users to share their schedules and collaborate in real-time. The company operates on a freemium model, offering basic features for free while providing premium options for a fee, which helps attract a large user base. With recent funding of $44 million, Saturn aims to enhance its app, grow its user community, and explore new markets, all while focusing on improving the way students manage their time.

Company Stage

Late Stage VC

Employees

51-200

Industries

Consumer Software, Education

Total Funding

$51.6M

Headquarters

New York City, New York

Founded

2018


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Simplify's Take

What believers are saying

  • Recent $44M funding indicates strong investor confidence in Saturn's growth potential.
  • Increased demand for digital tools in education boosts Saturn's market relevance.
  • Expansion of 5G technology enhances Saturn's app performance and user experience.

What critics are saying

  • Privacy concerns may lead to regulatory scrutiny and loss of user trust.
  • Rapid app version releases suggest potential underlying security vulnerabilities.
  • New competitors in EdTech could dilute Saturn's market share.

What makes Saturn unique

  • Saturn combines scheduling with social networking for a unique student experience.
  • The app supports complex high school schedules, enhancing its utility for students.
  • Saturn's freemium model attracts a large user base quickly.

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Growth & Insights
Headcount

6 month growth

↑ 3%

1 year growth

↑ 1%

2 year growth

↓ -3%

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Stock Options

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