Posts filtered by tags: Startups[x]


Codecademy eyes the enterprise with $40 million in new capital

After going over four years without raising any capital, coding class platform Codecademy has raised a new tranche of money: a $40 million Series D round led by Owl Ventures, with participation from Prosus and Union Square Ventures. The startup is the latest edtech business to bring on capital after years without it, a list that includes ClassDojo, CourseHero, Quizlet and Udacity. But founder Zach Sims, who began the company in 2011 as a Columbia student, says that Codecademy’s growth, and hunge...
Tags: Startups, TC, Codecademy, Education, India, Tech, Coding, Edtech, Columbia, Udacity, Union Square Ventures, Chegg, Sims, Zach Sims, Owl Ventures, Recent Funding

ErudiFi raises $5 million Series A to give students in Southeast Asia more education financing options

Based in Singapore, ErudiFi wants to help more students in Southeast Asia stay in school by giving them affordable financing options. The startup announced today it has raised a $5 million Series A, co-led by Monk’s Hill Ventures and Qualgro. ErudiFi currently works with more than 50 universities and vocational schools in Indonesia and the Philippines. Co-founder and chief executive officer Naga Tan told TechCrunch that students in those countries have limited financing options, and often rely o...
Tags: Fundings & Exits, Startups, TC, Asia, Education, Indonesia, Finance, Southeast Asia, Singapore, Philippines, Fintech, Tan, Monk 's Hill Ventures, Peng T Ong, ErudiFi, Philippines Co

Tired of ‘Zoom University’? So is edtech

The rise of “Zoom University” was only possible because edtech wasn’t ready to address the biggest opportunity of the past year: remote learning at scale. Of course, the term encapsulates more than just Zoom, it’s a nod to how schools had to rapidly adopt enterprise video conferencing software to keep school in session in the wake of closures brought on by the virus’ rapid spread. Now, nearly a year since students were first sent home because of the coronavirus, a cohort of edtech companies is e...
Tags: Google, Startups, TC, Class, Enterprise, Education, Microsoft, Tech, Remote Work, Inspace, Facetime, Chromebooks, Edtech, Hall, Coursera, Emergence Capital

Pandemic-era growth and SPACs are helping edtech startups graduate early

Special purpose acquisition vehicles regained popularity in 2020 as an alternative way to take startups public, and now they are eyeing edtech companies. So far, Skillsoft has gone public through Churchill Capital, and Nerdy, parent company of Varsity Tutors, did the same through a reverse merger with TPG Pace Tech Opportunities. On the investor side, Edify and Adit EdTech Acquisition are both separate, $200 million SPACs for education companies. SPACs are not being used to prop up com...
Tags: Startups, Education, Ipo, Tech, Venture Capital, Private Equity, Edtech, Varsity Tutors, SPAC, Cohn, Wolford, Chuck Cohn, TPG, Skillsoft, EC Edtech, Churchill Capital and Nerdy

How Repton School Helps Students Secure Ambitious Higher-Education Opportunities

A glimpse into the life of Ellie Mitchell formerly from Repton School, who now studies and swims competitively in the States. The post How Repton School Helps Students Secure Ambitious Higher-Education Opportunities appeared first on Young Upstarts.
Tags: Startups, Education, Others, Repton School, Ellie Mitchell

Labster gets millions from a16z to bring virtual science lab software to the world

Andreessen Horowitz, a venture capital firm with $16.5 billion in assets under management, has poured millions into an edtech startup that sells virtual STEM lab simulations to institutions. Copenhagen-based Labster, which sells virtual science laboratory simulations to schools, announced today that it has raised $60 million in a Series C round led by the prominent Silicon Valley firm, including participation from existing investors GGV Capital, Owl Ventures and Balderton Capital. Labster has no...
Tags: Startups, TC, Asia, Education, Africa, Tech, Vr, Virtual Reality, Denmark, Silicon Valley, Andreessen Horowitz, Copenhagen, Edtech, Latin America, Jensen, California Community College

Ethena, which sends bite-sized nudges for compliance training, shifts its focus amid new capital

Ethena co-founders Roxanne Petraeus and Anne Solmssen began their company with a clear goal: There needs to be a more modern, and effective, way to deploy anti-harassment training to employees. Ethena’s solution is to send employees bite-sized monthly “nudges” or pings with five-minute lessons, replacing the usual one-hour annual workshop with more flexible learning. The startup raised $2 million off of that vision in June, and today has announced it has raised follow-on funding with the same ex...
Tags: Startups, Education, Tech, HR, Edtech, Zendesk, Petraeus, Deborah Quazzo, GSV, Quazzo, Recent Funding, Ethena, GSV Ventures, Netflix Zoom, Anne Solmssen, Roxanne Petraeus

Extra Crunch roundup: 500 Startups’ demo day, smart SaaS pricing and much more

Demo days at startup accelerators are a pretty big deal around here. These events aren’t just a chance to review the latest cohort of hopeful entrepreneurs — they also showcase the technology, products and services that will compete for VC and consumer attention over the next few years. You never know where a hit will come from, which is why these events capture our attention. Here’s just one example from Y Combinator’s Summer 2013 Demo Day: Positioning itself as the “FedEx of today,” it hopes...
Tags: Startups, TC, Europe, Education, Okta, Tech, Best, Artificial Intelligence, SaaS, Venture Capital, Public, Alex, Robinhood, Lightspeed Venture Partners, Union Square Ventures, Databricks

Class adds $30 million to its balance sheet for a Zoom-friendly edtech solution

Class, launched less than a year ago by Blackboard co-founder Michael Chasen, integrates exclusively with Zoom to offer a more customized classroom for students and teachers alike. The inaugural product, Class for Zoom, uses both management and instruction tools to bolster the video conferencing call experience. Formerly named ClassEDU, the startup announced today that it has added $30 million to its balance sheet, upping its total funding secured to $46 million. Raising that much pre-launch giv...
Tags: Startups, TC, Europe, Class, Education, Funding, Tech, Edtech, Sdk, Early Stage, Udemy, Emergence Capital, Zoom, LMS, Chasen, Michael Chasen

Edtech valuations aren’t skyrocketing, but investors see more exit opportunities

Less than a year after we put out an initial temperature check survey, it’s clear that specialist investors are even more bullish on edtech. Bears are hard to find right now: the sector, once undercapitalized, has brought in $10 billion in venture capital funding globally in 2020. As investors told us last week, the biggest consumer opportunity in 2021 and beyond is lifelong learning (and portfolio companies have the profits to prove it). But despite edtech’s noise, the second installment of our...
Tags: Startups, TC, Europe, Education, Tech, Vista, Venture Capital, Silicon Valley, Edtech, Lightspeed Venture Partners, Union Square Ventures, Bessemer Venture Partners, SPAC, Skillsoft, Deborah Quazzo, Owl Ventures

Language-learning service Babbel adds live classes, games and more

Babbel, the Berlin-based language-learning platform, today announced that it is now going well beyond its core app-based learning service and is introducing live classes. Capped at six students, these conversation-driven classes will be taught by certified teachers, using Babbel’s existing methodology. Learners can add live classes to their existing Babbel subscription for an additional fee, starting at $110 for five classes/month, or subscribe to them as a standalone product (though they’ll als...
Tags: Startups, TC, Apps, Education, Youtube, Berlin, Tech, United States, Teacher, Babbel, Hansen, Julie Hansen, Wikis, Babbel Hansen, Christian Hillemeyer Babbel

PRESENTING: 64 edtech startups looking to disrupt Harvard as part of a $9 billion market

Online learning platform Coursera has raised a total of $443.1 million in funding, with $130 million raised July 2020. Coursera When the pandemic forced students of all ages into the remote learning model, the value of an in-person college experience came into question. Education tech startups saw a surge in funding up to $9 billion in 2020 from investors looking to enhance virtual learning in the US and abroad. These companies have figured out how to digitize every part of college life, fr...
Tags: Startups, College, US, Trends, Harvard, Higher Education, Universities, Teaser, Edtech, Coursera, Online Learning, Nordic, Harvard Here, Tech Insider, Remote Learning, Virtual Learning

Extra Crunch roundup: Edtech VC survey, 5 founder mistakes, fintech liquidity, more

Edtech is so widespread, we already need more consumer-friendly nomenclature to describe the products, services and tools it encompasses. I know someone who reads stories to their grandchildren on two continents via Zoom each weekend. Is that “edtech?” Similarly, many Netflix subscribers sought out online chess instructors after watching “The Queen’s Gambit,” but I doubt if they all ran searches for “remote learning” first. Edtech needs to reach beyond underfunded public school systems to beco...
Tags: Apple, Startups, TC, Cloud, Europe, New York, Hardware, Enterprise, Media, Education, Entrepreneurship, Boston, Africa, Tech, Netflix, Digital Media

Nerdy, a tutoring marketplace startup, is going public via SPAC

A gig economy-powered consumer edtech platform is heading to the New York Stock Exchange. Edtech startup Nerdy, which owns the popular tutoring business Varsity Tutors, is seeking to become a public company through a special purpose acquisition vehicle, otherwise known as a SPAC. Nerdy will merge with TPG Pace Tech Opportunities (NYSE: PACE), a publicly traded SPAC since 2015. The transaction is expected to close in the second quarter of this year. The deal will value Nerdy at $1.7 billion. Th...
Tags: Startups, TC, Education, Tech, Edtech, Tutoring, Exit, Varsity Tutors, Nyse, SPAC, Nerdy, Deborah Quazzo, GSV, TPG Pace Tech Opportunities, New York Stock Exchange Edtech, SPAC Nerdy

12 investors say lifelong learning is taking edtech mainstream

The venture potential of a startup that caters to individual students — instead of a slow-moving, small-pocketed institution — has a bullish aura that attracts investors. Add in a pandemic that forced many to embrace remote learning overnight, and it makes sense that we have seen companies like Outschool and ClassDojo turn first profits while startups like Quizlet and ApplyBoard reached $1 billion valuations. Last year brought a flurry of record-breaking venture capital to t...
Tags: Startups, TC, Europe, Education, US, Tech, United States, Venture Capital, Lambda, Edtech, Lightspeed Venture Partners, Union Square Ventures, Cowboy Ventures, Bessemer Venture Partners, Mckinsey, PitchBook

13 investors say lifelong learning is taking edtech mainstream

The venture potential of a startup that caters to individual students — instead of a slow-moving, small-pocketed institution — has a bullish aura that attracts investors. Add in a pandemic that forced many to embrace remote learning overnight, and it makes sense that we have seen companies like Outschool and ClassDojo turn first profits while startups like Quizlet and ApplyBoard reached $1 billion valuations. Last year brought a flurry of record-breaking venture capital to t...
Tags: Startups, TC, Europe, Education, US, Tech, United States, Venture Capital, Lambda, Edtech, Lightspeed Venture Partners, Union Square Ventures, Cowboy Ventures, Bessemer Venture Partners, Mckinsey, PitchBook

Extra Crunch roundup: Digital health VC survey, edtech M&A, deep tech marketing, more

I had my first telehealth consultation last year, and there’s a high probability that you did, too. Since the pandemic began, consumer adoption of remote healthcare has increased 300%. Speaking as an unvaccinated urban dweller: I’d rather speak to a nurse or doctor via my laptop than try to remain physically distanced on a bus or hailed ride traveling to/from their office. Even after things return to (rolls eyes) normal, if I thought there was a reliable way to receive high-quality healthcare in...
Tags: Health, Startups, TC, Facebook, Asia, Europe, Enterprise, Education, Privacy, Developer, Washington, Finance, US, San Francisco, Tech, Diversity

Sounding Board raises cash as startups wake up to executive coaching

In an unprecedented work environment defined by distributed teams and virtual-only communication, two co-founders think their 2018 bet reigns truer than ever: mentors need mentorship, too. Christine Tao and Lori Mazan , the brains behind Sounding Board, want to train any leader within an organization to be a better leader. The San Francisco startup connects anyone from first-time managers to C-suite executives with coaches through a marketplace. Revenue has doubled or tripled every year sin...
Tags: Startups, TC, Education, San Francisco, Executive Coaching, Tech, Kevin Johnson, TechCrunch, Tao, Sounding Board, OKR, David Blake, Canaan Partners, Recent Funding, Christine Tao, Lori Mazan

African edtech startup uLesson lands a $7.5 million Series A

ULesson, an edtech startup based in Nigeria that sells digital curriculum to students through SD cards, has raised $7.5 million in Series A funding. The round is led by Owl Ventures, which closed over half a billion in new fund money just months ago. Other participants include LocalGlobe and existing investors, including TLcom Capital and Founder Collective. The financing comes a little over a year since uLesson closed its $3.1 million seed round in November 2019. The startup’s biggest differenc...
Tags: Startups, Marketplace, Education, India, Nigeria, Africa, Tech, South Africa, Kenya, World Health Organization, Series A, Early Stage, University Of Georgia, Localglobe, Digital Learning, Owl Ventures

Tappity raises $1.3M for its interactive and educational video library for kids

When kids today want to learn about a new topic they’re interested in, they’ll often turn to YouTube. But the quality of the educational content on the platform can be hit or miss, depending on what specific videos kids happen to come across. Tappity, a digital educational startup now backed by $1.3 million in seed funding, aims to offer an alternative. Its video library offers entertaining and interactive live-action videos kids enjoy, while also ensuring the content itself is aligned with curr...
Tags: Amazon, Startups, Apps, Y Combinator, Family, Science, Kids, Education, Parents, Stem, Tech, Chad, Bill, Edtech, PANGEA, Cto

Fluent Forever raises $4.9M for its language learning system

Fluent Forever, a startup that uses a novel learning system to help its users master a new language faster, has raised a $4.9 million funding round led by Denver-based Stout Street Capital. Other investors in this round include The Syndicate, LAUNCH, Mana Ventures, Noveus VC, Flight.VC, Insta VC, UpVentures, Firebrand Ventures, Cultivation Capital, Spero Ventures and Lofty Ventures. In many ways, Fluent Forever is a direct competitor to Duolingo, Babbel and similar online language learning...
Tags: Startups, TC, Crowdsourcing, Learning, Education, Tech, Denver, Duolingo, Anki, Babbel, Jason Calacanis, Language Learning, Gabriel Wyner, Fluent Forever, Recent Funding, Stout Street Capital

Career Karma raises $10M to connect students to coding bootcamps

As edtech churns out more and more MasterClass copycats and coding bootcamps, it’s becoming glaringly obvious that students need better ways to navigate the crowded world of online learning. Career Karma, founded in 2018 by Ruben Harris, Artur Meyster and Timur Meyster, wants to help. The startup is bringing a pick-and-shovel play to the coding bootcamp world: instead of creating its own up-skilling curriculum, the startup empowers students to find the best bootcamps for their price point and ca...
Tags: Startups, Education, Initialized Capital, General Assembly, Henry, HARRIS, Burks, Amira Yahyaoui, Lambda School, Recent Funding, Career Karma, COVID, Strive School, Ruben Harris Artur Meyster, Timur Meyster, Lambda School for Latin America Career Karma

Is 2020 bringing more edtech rounds than ever, or does it simply feel that way?

Venture capital activity is high at the moment, making it difficult to keep up with the influx of new rounds that are being announced. Our cup runneth over, and I would much rather be busy than bored, but not all sectors are as busy as others. We’re not drowning in consumer social rounds, for example. We are, however, seemingly suffering from a deluge of edtech investments. The Exchange explores startups, markets and money. Read it every morning on Extra Crunch, or get The Exchange newsletter e...
Tags: Startups, TC, Education, Funding, Tech, Venture Capital, Edtech, Crunchbase, The Exchange, Natasha Mascarenhas

Henry picks up cash to be a Lambda School for Latin America

Latin America’s startup scene has attracted troves of venture investment, lifting highly-valued companies such as Rappi and NuBank into behemoth businesses. Now that the spotlight has arrived, those same startups need more talent than ever before to meet demand. That’s where one seed-stage Buenos Aires startup wants to help. Henry has created an online computer science school that trains software developers from low-income backgrounds to understand technical skills and get employed. The company ...
Tags: Fundings & Exits, Startups, Europe, Education, Mexico, China, Tech, United States, Argentina, Isa, Edtech, Latin America, Buenos Aires, Nubank, Henry, Luz

Sketchy wants to replace boring textbooks with ‘Pixar-like’ videos

Studying for med school is tough. What if it was more Pixar-like? Sketchy, a visual learning platform, takes complex material that a med student might need to memorize for an exam, and puts the information in an illustrated scene. For example, it uses a countryside kingdom to explain the coronavirus, or a salmon dinner to explain Salmonella. The goal is for a student to be able to mentally go back to the scene while taking an exam, walk through it and retrieve all of the information. While Sketc...
Tags: Startups, TC, Education, Tech, United States, Pixar, Edtech, Aaron, Bryan, LeMieux, Sid, Berg, Siddiqui, Newsela, The Chernin Group, Reach Capital

AllRight, an English language learning app for children, raises $5M from Genesis Investments

AllRight is a platform for English language learning, aimed at children four years or older, which combines lessons with real teachers and homework with “AI-powered” tutors. It’s now raised a $5 million Series A round led by Genesis Investments, with participation from TMT Investments, TerraVC and existing investors Flashpoint and Misha Lyalin. The Ukraine-based startup will now enter new markets and strengthen its positions in Poland, Russia, Spain and Latin America. AllRight’s competitors incl...
Tags: Startups, Apps, Europe, Education, Tech, Cisco, Ukraine, Latin America, TMT Investments, Recent Funding, Allright, Genesis Investments, Misha Lyalin, Poland Russia Spain, Oleg Oksyuk, Vitaly Laptenok

Transfr raises $12M Series A to bring virtual reality to manufacturing-plant floors

The coronavirus has displaced millions of workers across the country. In order to recover, companies must focus on re-skilling their workforces in a measured and sustainable way. However, training and recruitment can cost hundreds of thousands of dollars for companies, a heavy investment that is hard to explain during volatile times. To Bharani Rajakumar, the founder of Transfr, the dilemma of displaced workers is the perfect use case for virtual reality technology. Transfr leverages virtual rea...
Tags: Fundings & Exits, Startups, TC, Gadgets, Facebook, Asia, Education, Alabama, San Francisco, Tech, Vr, Virtual Reality, Michael Jensen, Recent Funding, Coronavirus, COVID-19

Nestlings wants to help international students navigate a messy higher-ed environment

The admissions process for international students applying to colleges is outdated. For starters, there is no Common App, the one-stop application that U.S. students are able to use to apply to a variety of schools in one go. Instead, international students must navigate thousands of schools, each having their own requirements and application process, on a one by one basis. It’s a time-consuming and convoluted process, which is exactly where Nestlings, a Cupertino, California-based startup, com...
Tags: Apple, Fundings & Exits, Startups, Education, Southeast Asia, Tech, Canada, United States, Bangalore, Cincinnati, Cupertino California, Vora, Satish, Glasgow Caledonian University, Nestlings, Sowmya Satish

How To Create A Startup Company While Attending College

A college syllabus is enough work for the typical student, but some enterprising students still desire to create a startup company in college. This smaller group of students are voluntarily increasing their work quota, with the additional responsibility of running a startup company. This addition often amounts to such students becoming disadvantaged, because they consider leaving one for the other eventually. Such negative results of venturing into business don’t have to affect you. Put into pr...
Tags: Startups, Mark Zuckerberg, College, Entrepreneurship, Linkedin, Customer Relationship Management, Aren, Facebook Twitter Instagram, Advice For The Young At Heart, Startup Advice, Social Media Integration, Student Entrepreneur, Create A Startup Company While Attending College

Online learning marketplace Udemy is raising up to $100M at a $3.32B valuation

Online education has been one of the hotspots in the tech world this year, as people turn to e-learning tools to fill in the gaps variously arising from closed schools, closed offices, social distancing and more time on our hands at home because of the COVID-19 pandemic. And that is giving a big bump to education startups, which are raising money to capitalise on the growth opportunity. In one of the latest developments, Udemy — which provides a marketplace currently numbering some 130,000 video...
Tags: Python, Startups, Japan, Education, India, Softbank, Funding, Tech, Delaware, Online Education, Udemy, Norwest Venture Partners, Homer, Byju, Berlitz, Recent Funding

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