Education


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China’s expected edtech clampdown may chill a key startup sector

News that China’s government may force domestic tutoring-focused companies to go non-profit is taking a huge bite out of the value of several technology companies. Bloomberg notes that the value of companies like New Oriental Education & Technology Group and TAL Education are tumbling in light of the news, which would constitute merely the latest salvo against tech companies in the autocratic country. New Oriental’s Hong Kong-listed shares fell 44.22% in after-hours trading after the non-profit ...
Tags: Fundings & Exits, Startups, TC, Asia, Hong Kong, Education, China, Tech, Bloomberg, Zomato, Edtech, Zuoyebang, Nyse, Yahoo Finance, The Exchange, Yuanfudao


Sololearn raises $24M for its bite-sized, Duolingo-like mobile-first coding education app

Coding is not just for engineers and computer programmers anymore: the pace of technology and its growing ubiquity mean that even non-tech roles will require workers to have some degree of knowledge to do their jobs in the future. Today a company called Sololearn — which has built a popular mobile-first education platform to meet that demand, now with over 21 million users across some 25 curriculum categories like Python, JavaScript, Java, C++, HTML, and SQL — is announcing $24 million in fundin...
Tags: Apple, Google, Startups, TC, Europe, Education, Microsoft, Developer, Funding, San Francisco, COLUMBUS Ohio, YEREVAN Armenia, Drive Capital, Learn Capital, Sololearn, Yeva Hyusyan


Blackstone acquires majority stake in Simplilearn for $250 million

Blackstone is acquiring a majority stake in Bangalore and San Francisco-headquartered edtech startup Simplilearn for $250 million. Simplilearn operates an eponymous online bootcamp to help people learn data science, AI, machine learning, cloud computing and other skills that are in demand in the market. The startup has partnerships with several universities and colleges including IIT Kanpur, Caltech, and Purdue University and students enrolling and completing these courses get a certificate from...
Tags: Fundings & Exits, Startups, Asia, Education, India, San Francisco, M&a, Blackstone, Bangalore, Purdue University, Mayfield, Mayfield Fund, Simplilearn, Krishna Kumar, Byju, Facebook Microsoft Amazon


Indonesian edtech startup Gredu raises $4M Series A to keep teachers, parents and students engaged with one another

Many teachers and parents in Indonesia rely on WhatsApp to keep in touch, creating “multiple groups that often become messy and highly ineffective, and result in confusion or lost threads,” says Rizky Aniez, the co-founder and chief executive officer of Gredu. The Jakarta-based startup was created to give everyone involved in the educational process—school administrators, teachers, parents, guardians and students—apps that let them keep track of everything and communicate with one another. Today...
Tags: Google, Fundings & Exits, Startups, TC, Asia, Students, Education, Indonesia, Southeast Asia, Tech, Edtech, National Curriculum, Vertex Ventures, Intudo Ventures, Patrick Yip, School Management


The Significance Of Equity And Diversity In Education

Regardless of the setting in which you teach, valuing equity and diversity will enrich the learning experience for everyone. The post The Significance Of Equity And Diversity In Education appeared first on Young Upstarts.
Tags: Startups, Education, Diversity, Equity, Others


Edtech startup Microverse raises $12.5M to bring income share agreements to the developing world

Edtech startup Microverse has tapped new venture funding in its quest to help train students across the globe to code through its online school which requires zero upfront cost, instead relying on an income-share agreement which kicks in when students find a job. The startup tells TechCrunch it has closed a $12.5 million Series A led by Northzone with additional participation from General Catalyst, All Iron Ventures and a host of angel investors. We last covered the company after it had closed a...
Tags: Startups, TC, Y Combinator, Education, Microsoft, Entrepreneurship, Finance, Articles, Tech, Ceo, Economy, Venture Capital, Private Equity, Isa, Huawei, Edtech


The 2021 edtech avalanche has just begun

Rhys Spence Contributor Share on Twitter Rhys Spence is head of research at Brighteye Ventures, a European edtech-focused fund, where he works with portfolio companies to help address priorities, with a focus on internationalization. Last week was a good one for edtech in Europe. GoStudent became Europe’s first edtech unicorn (IPO’d companies aside), raising its third round in 12 months and the biggest ever in the sector in Eu...
Tags: Startups, Column, Europe, Education, Funding, Tech, United Kingdom, Venture Capital, Edtech, Brighteye Ventures, EC Europe, EC Column, EC Edtech, GoStudent, Rhys Spence, Europe Brighteye Ventures


After bootstrapping since 2002, Articulate raises $1.5B on $3.75B valuation

Most companies don’t announce their first venture investment after almost 20 years in the business, nor do they announce that round is the equivalent of a good startup’s entire private fundraising history. But Articulate, a SaaS training and development platform, is not your typical company and today it announced a whopping $1.5 billion investment on a $3.75 billion valuation. You can call it Series A if you must label it, but whatever it is, it’s a hefty investment by any measure. General Atlan...
Tags: Startups, Cloud, Enterprise, Education, Funding, Training, Tech, Blackstone, General Atlantic, Coursera, Schwartz, LMS, Adam Schwartz, Articulate, Suros, Anton Levy


Duolingo’s S-1 depicts heady growth, monetization, new focus on English certification

Duolingo filed to go public yesterday, giving the world a deep look inside its business results and how the pandemic impacted the edtech unicorn’s performance. TechCrunch’s initial read of the company’s filing was generally positive, noting that its growth was impressive and its losses modest; Duolingo recently began making money on an adjusted basis. While the company’s top-level numbers are impressive, we want to go one level deeper to grow our understanding of the company beyond our EC-1. ...
Tags: Fundings & Exits, Startups, Education, Tech, EC, Edtech, Duolingo, Mau, EC News Analysis, EC Edtech, EC United States


Investor Marlon Nichols and Wonderschool’s Chris Bennett on getting to the point with a pitch deck

Before our conversation on Extra Crunch Live, Marlon Nichols dropped a bomb on me. The MaC Venture Capital founding managing partner hadn’t actually seen Wonderschool’s original pitch deck before investing in the remote education startup. Our conversation with the company’s CEO, Chris Bennett was the first time he’d been through the seed-stage deck. Their partnership was a bit of Silicon Valley luck, good timing and some old fashioned networking. “He was a part of an organization that was helpin...
Tags: Startups, Education, Funding, America, Tech, Facebook Messenger, Venture Capital, Silicon Valley, Chris, San Francisco Bay Area, Nichols, Bennett, Chris Bennett, Marlon Nichols, Wonderschool, MaC Venture Capital


Extra Crunch roundup: influencer marketing 101, spotting future unicorns, Apple AirTags teardown

With the right message, even a small startup can connect with established and emerging stars on TikTok, Instagram and YouTube who will promote your products and services — as long as your marketing team understands the influencer marketplace. Creators have a wide variety of brands and revenue channels to choose from, but marketers who understand how to court these influencers can make inroads no matter the size of their budget. Although brand partnerships are still the top source of revenue for ...
Tags: Apple, Startups, TC, Transportation, Education, California, Entrepreneurship, US, Tech, Diversity, Joe Biden, Iran, Artificial Intelligence, Rebecca, United States, Venture Capital


Wonderschool’s Chris Bennett and investor Marlon Nichols will break down the path to seed-stage funding

Extra Crunch Live is all about helping founders build better venture-backed businesses. Naturally, we do this by having candid conversations with founders and their investors. On an upcoming episode of Extra Crunch Live, we’ll sit down with MaC Venture Capital founding managing partner Marlon Nichols and Wonderschool co-founder and CEO Chris Bennett. REGISTER HERE FOR FREE! Not only will we discuss how they came together for Wonderschool’s seed round in 2017, but how that translated into what ha...
Tags: Startups, TC, Education, Tech, Intel Capital, Nichols, Don, Bennett, Chris Bennett, ECL, Marlon Nichols, Wonderschool, Seed Stage, MaC Venture Capital, Bennett Wonderschool, Extra Crunch Live Announcement


Edtech investors are flocking to SaaS guidance counselors

ApplyBoard, a startup that helps international students find opportunities to study abroad, announced today that it has nearly doubled its valuation in a little over a year. The Ontario-based company is now worth around $3.2 billion after raising a $300 million Series D round led by the Ontario Teachers’ Pension Plan Board. ApplyBoard makes money from revenue-sharing agreements with colleges and universities. If a student attends a college after using their services, ApplyBoard receives a cut o...
Tags: Startups, TC, Education, Tech, Edtech, Ontario, Higher Ed, ETS, Ontario Teachers, GRE, Martin Basiri, Career Karma, ApplyBoard, Basiri, EC Edtech, Ontario Teachers ' Pension Plan Board ApplyBoard


Wonderschool’s Chris Bennett and investor Marlon Nichols will break down the path to seed-stage funding

Extra Crunch Live is all about helping founders build better venture-backed businesses. Naturally, we do this by having candid conversations with founders and their investors. On an upcoming episode of Extra Crunch Live, we’ll sit down with MaC Venture Capital founding managing partner Marlon Nichols and Wonderschool co-founder and CEO Chris Bennett. REGISTER HERE FOR FREE! Not only will we discuss how they came together for Wonderschool’s seed round in 2017, but how that translated into what ha...
Tags: Startups, TC, Education, Tech, Intel Capital, Nichols, Don, Bennett, Chris Bennett, ECL, Marlon Nichols, Wonderschool, Seed Stage, MaC Venture Capital, Bennett Wonderschool, Extra Crunch Live Announcement


Wonderschool’s Chris Bennett and investor Marlon Nichols will break down the path to seed-stage funding

Extra Crunch Live is all about helping founders build better venture-backed businesses. Naturally, we do this by having candid conversations with founders and their investors. On an upcoming episode of Extra Crunch Live, we’ll sit down with MaC Venture Capital founding managing partner Marlon Nichols and Wonderschool co-founder and CEO Chris Bennett. REGISTER HERE FOR FREE! Not only will we discuss how they came together for Wonderschool’s seed round in 2017, but how that translated into what ha...
Tags: Startups, TC, Education, Tech, Intel Capital, Nichols, Don, Bennett, Chris Bennett, ECL, Marlon Nichols, Wonderschool, Seed Stage, MaC Venture Capital, Bennett Wonderschool, Extra Crunch Live Announcement


Wonderschool’s Chris Bennett and investor Marlon Nichols will break down the path to seed-stage funding

Extra Crunch Live is all about helping founders build better venture-backed businesses. Naturally, we do this by having candid conversations with founders and their investors. On an upcoming episode of Extra Crunch Live, we’ll sit down with MaC Venture Capital founding managing partner Marlon Nichols and Wonderschool co-founder and CEO Chris Bennett. REGISTER HERE FOR FREE! Not only will we discuss how they came together for Wonderschool’s seed round in 2017, but how that translated into what ha...
Tags: Startups, TC, Education, Tech, Intel Capital, Nichols, Don, Bennett, Chris Bennett, ECL, Marlon Nichols, Wonderschool, Seed Stage, MaC Venture Capital, Bennett Wonderschool, Extra Crunch Live Announcement


5 Tips For Teaching Students How To Converse With One Another

While the real reason behind pre-teen and teenage students’ lack of conversational skills may never be truly identified, here are 5 tips for teaching them how to communicate better. The post 5 Tips For Teaching Students How To Converse With One Another appeared first on Young Upstarts.
Tags: Startups, Education, Teaching, Others


Liquid Instruments raises $13.7M to bring its education-focused 8-in-1 engineering gadget to market

Part of learning to be an engineer is understanding the tools you’ll have to work with — voltmeters, spectrum analyzers, things like that. But why use two, or eight for that matter, where one will do? The Moku:Go combines several commonly used tools into one compact package, saving room on your workbench or classroom while also providing a modern, software-configurable interface. Creator Liquid Instruments has just raised $13.7 million to bring this gadget to students and engineers everywhere. ...
Tags: Fundings & Exits, Startups, TC, Gadgets, Science, Hardware, Education, Funding, Stem, Tech, Engineering, Phillips, FPGA, Anzu Partners, Liquid Instruments, ANU Connect Ventures


Extra Crunch roundup: How Duolingo became an edtech leader

The pandemic has just pushed edtech mainstream, but language-learning startup Duolingo had already spent the past decade figuring out how to build a successful edtech app. In our latest installment of the EC-1 series, Natasha Mascarenhas goes deep with the company to understand how it found product-market fit, then figured out how to grow like a consumer tech startup and monetize like a SaaS startup. After a record 2020, the Pittsburgh-based company also opened up about its plans for the future,...
Tags: Startups, TC, Apps, Utah, Education, Ipo, Boston, Tech, CMO, Bloomberg, Paypal, United States, Nba, Square, Holland, SEC


Tiger Global is betting that more schools are going to share future student earnings

Income-share agreements, or ISAs, are a way to bring flexibility to the often steep financial costs of higher education. The financial model allows a student to learn at zero upfront cost, and then pay any costs through a percentage of future income over time. While the model has caught fire from a variety of trade schools and bootcamps, it’s a hard service to offer at scale. It required underwriting a risky group of people — and that costs money. Just last week, a leader in the ISA space Lambda...
Tags: Startups, TC, Y Combinator, Education, Lgbt, San Francisco, Tech, Isa, Tiger Global, Edtech, Higher Ed, Blair, Sam Hodges, Lambda School, Recent Funding, Ankur Nagpal


The product-led growth behind edtech’s most downloaded app

Duolingo CEO and co-founder Luis von Ahn was tired of the gray and dreary design aesthetic edtech companies used to emulate universities. Instead, he and the company’s early team sought inspiration from games like Angry Birds and Clash Royale, looking to build a class that screamed more cartoon anarchy than lecture hall. From that frenetic creativity came the company’s distinctive mascot: a childish and rebellious evergreen-colored owl named Duo. Duolingo didn’t just throw out the old colors tho...
Tags: Startups, TC, Education, Tech, EC, Edtech, Duolingo, Angry Birds, Pittsburgh, Luis Von Ahn, Tyler Murphy, Super Mario Brothers, Ahn, EC-1, EC Edtech, Duo Duolingo


How Duolingo became fluent in monetization

As its meandering route to monetization will demonstrate, Duolingo isn’t mission-oriented, it’s mission-obsessed. Co-founders Luis von Ahn and Severin Hacker never wanted to charge consumers for access to Duolingo content, a purpose imbued throughout the company’s culture. For years in order to work at Duolingo, you had to be comfortable with joining a company in Pittsburgh that was in no rush to make money. The startup, filled with education enthusiasts and mission-driven employees, became “ver...
Tags: Google, Startups, TC, Education, Tech, Brazil, Silicon Valley, EC, Edtech, Duolingo, Sand Hill Road, Pittsburgh, Gordon, Kleiner Perkins Caufield Byers KPCB, Luis, Luis Von Ahn


Duolingo can’t teach you how to speak a language, but now it wants to try

Duolingo has been wildly successful. It has pulled in 500 million total registered learners, 40 million active users, 1.5 million premium subscribers and $190 million in booked revenues in 2020. It has a popular and meme-ified mascot in the form of the owl Duo, a creative and engaging product, and ambitious plans for expansion.There’s just one key question in the midst of all those milestones: Does anyone actually learn a language using Duolingo? “Language is first and foremost a social, relatio...
Tags: Startups, TC, Education, Obama, Tech, Edtech, Carnegie Mellon University, Duolingo, Babbel, Pittsburgh, Language Learning, Luis Von Ahn, Ahn, Busuu, EC-1, Bernhard Niesner


How a bot-fighting test turned into edtech’s most iconic brand, Duolingo

Luis von Ahn, an entrepreneur who has dedicated his career to scaling free education, has probably annoyed you more than once. In fact, you’ve likely been annoyed by his work dozens and maybe hundreds of times over the years. A decade before he co-founded the whimsical and language-learning app Duolingo, one of the most popular education apps in the world with over 500 million downloads and 40 million active users, he was building the technology that would become CAPTCHA, those human-annoying bu...
Tags: Google, Startups, TC, Education, Yahoo, Tech, Duke, Edtech, Carnegie Mellon University, Duolingo, Pittsburgh, Carnegie Mellon, Guatemala City, Luis Von Ahn, Manuel Blum, Ahn


The Duolingo EC-1

Education may well be the most important activity we conduct as a society — and it may also be the hardest space to build a startup in. Selling to school districts and universities is notoriously difficult, but enticing consumers is even harder. Learning takes focus, patience, tenacity and resources, and most consumers would prefer to watch some lip-sync videos on TikTok than stare at math equations (not to mention that such entertainment is free). Engagement and education feel aggressively at o...
Tags: Startups, TC, Education, Tech, EC, Edtech, Duolingo, Pittsburgh, Mascarenhas, Luis Von Ahn, Danny Crichton, EC-1, Richard Dal Porto, EC Edtech, Natasha Mascarenhas Mascarenhas, Nigel Sussman Duolingo


Erase All Kittens raises $1M Seed round for Mario-style game which teaches girls to code

Erase All Kittens (EAK) is an EdTech startup that created a ‘Mario-style’ web-based game designed for kids aged 8-12. However, the game has a twist: it places an emphasis on inspiring girls to code (since let’s face it, most coding tools are created by men). After reaching 160,000 players in over 100 countries, it’s now raised a $1M Seed funding led by Twinkl Educational Publishing, with participation from first investor Christian Reyntjens of the A Black Square family office, alongside angel in...
Tags: Startups, TC, Europe, UK, Science, Education, US, Stem, Articles, Entrepreneur, Css, Javascript, United States, United Kingdom, Pwc, Html


OpenClassrooms raises $80 million for its online education platform

French startup OpenClassrooms has raised an $80 million Series C funding round led by Lumos Capital Group. The company operates an online education platform in French and English. Users can choose among 54 training programs and get a diploma at the end of the program — some of those program lead to French-state-recognized bachelor and master diplomas. GSV, the Chan Zuckerberg Initiative (CZI) and Salesforce Ventures also participated in today’s funding round. Existing investors General Atlantic ...
Tags: Fundings & Exits, Startups, Europe, Education, France, Atlantic, France Newsletter, B Corp, Online Education, OpenClassrooms, Salesforce Ventures, Capgemini, Bpifrance, Chan Zuckerberg Initiative CZI, Upskilling, Reskilling


Language learning startup Toucan raises $4.5M

Toucan, a startup that helps users learn a new language while they browse the web, is announcing that it has raised an additional $4.5 million in seed funding. As I wrote last fall, the Santa Monica, Calif.-based startup has built a Chrome extension that scans the text of whatever website you’re reading and translates select words into whichever language you’re trying to learn. That means you’re expanding your vocabulary without having to make time to study or otherwise change your behavior. Tou...
Tags: Fundings & Exits, Startups, TC, Education, Funding, Tech, Santa Monica Calif, Richard Greenfield, Nieman, Toucan, LightShed Ventures, Taylor Nieman, Japanese Co, Toucan Toucan, GSV Ventures Amplifyher Ventures


What the MasterClass effect means for edtech

MasterClass, which sells a subscription to celebrity-taught classes, sits on the cusp of entertainment and education. It offers virtual, yet aspirational learning: an online tennis class with Serena Williams, a cooking session with Gordon Ramsay. While there’s the off chance that an instructor might actually talk to you — it has happened before — the platform mostly just offers paywalled documentary-style content. The vision has received attention. MasterClass is raising funding that would value...
Tags: Startups, TC, Education, Microsoft, Entertainment, India, Funding, US, Toronto, Tech, Fundraising, Dell, Gordon Ramsay, Serena Williams, Edtech, Chess


Ornikar raises $120M as its driving school marketplace goes up a gear with car insurance

A French startup that set out to bring a new approach to driver education and road safety, and then used that foothold to expand into the related area of car insurance, is today announcing a big round of funding to continue building its service across Europe. Ornikar, which prepares people for driving tests by providing online drivers education courses, lets those users organize in-person lessons with driving instructors, provides a booking system for taking their written and practical examinati...
Tags: Google, Startups, Europe, Education, Car Insurance, France, Funding, Spain, Automotive, KKR, Onroad, Driving License, DRIVER EDUCATION, Patrick Devine, InsureTech, Driving Instruction



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