EducationPosts filtered by tags: TC[x]
Coursera is planning to file to go public tomorrowMarch 4, 2021 at 2:51 PM Coursera, an online education platform that has seen its business grow amid the coronavirus pandemic, is planning to file paperwork tomorrow for its initial public offering, sources familiar with the matter say. The company has been talking to underwriters since last year, but tomorrow could mark its first legal step in the process to IPO.
The Mountain View-based business, founded in 2012, was last valued at $2.4 billion in the private markets, during a Series F fundraising event in July 2020. B...Tags: Startups, TC, Education, Tech, Bloomberg, B Corp, Edtech, Coursera, Exit, Udemy, Chegg, SPAC, K12 Inc, GSV, Jeff Maggioncalda, IPO Coursera 22 people like this. Like GSV Ventures doubles assets managed with new fund focused on global edtechMarch 3, 2021 at 12:36 PM GSV Ventures, co-founded by Deborah Quazzo and Michael Cohn, has raised $180 million in its second fund, exclusively focused on backing edtech startups across the globe. The startup now manages $277 million in cumulative assets, inclusive of its debut fund that was closed in 2016.
The new fund will let GSV invest in 13 core holdings, with an average check size of $15 million. The firm reserves up to $20 million per position for follow-on capital. It will invest in seed, Series A and late growth...Tags: TC, Education, Indonesia, India, Tech, Diversity, United States, Venture Capital, Edtech, Coursera, Deborah Quazzo, Nearpod, GSV, Michael Cohn, Techcrunch Include, Quazzo 30 people like this. Like Newsela, the replacement for textbooks, raises $100M and becomes a unicornFebruary 25, 2021 at 6:56 PM Newsela, a SaaS platform for K-12 instructional material backed by the likes of TCV, Kleiner Perkins, Reach Capital, and Owl Ventures, announced today that it has raised $100 million in a Series D round. The financing was led by new investor Franklin Templeton, and brings Newsela’s valuation to $1 billion. The new round is larger than the aggregate of Newsela’s prior capital raised to-date.
“Hitting $1 billion [in valuation] doesn’t change a thing,” Newsela CEO Matthew Gross told TechCrunch. But...Tags: TC, Media, Education, Tech, Analytics, Teaching, United States, National Geographic, Edtech, Matthew Gross, Newsela, Franklin Templeton, Textbook, TCV Kleiner Perkins Reach Capital and Owl Ventures 21 people like this. Like Codecademy eyes the enterprise with $40 million in new capitalFebruary 23, 2021 at 9:00 AM 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 37 people like this. Like ErudiFi raises $5 million Series A to give students in Southeast Asia more education financing optionsFebruary 23, 2021 at 3:46 AM 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 14 people like this. Like Tired of ‘Zoom University’? So is edtechFebruary 18, 2021 at 10:15 AM  Tags: Google, Startups, TC, Class, Enterprise, Education, Microsoft, Tech, Remote Work, Inspace, Facetime, Chromebooks, Edtech, Hall, Coursera, Emergence Capital 114 people like this. Like Google to roll out slate of over 50 updates for Classroom, Meet and other online education toolsFebruary 17, 2021 at 2:45 PM  Tags: Google, TC, Education, India, Tech, Chromebooks, Edtech, Classroom, Maharashtra, ChromeVox, Google Meet, G Suite for Education, Security Center, Google Classroom Google, Google Workspace for Education, Google Workspace for Education Fundamentals 226 people like this. Like Goldman Sachs and Sesame Workshop pour money into this edtech firm’s newest fundFebruary 11, 2021 at 6:00 AM  Tags: TC, Education, Sesame Street, San Francisco, Tech, Chicago, Venture Capital, Fund, Goldman Sachs, Edtech, Early Stage, Reach Capital, Owl Ventures, Quizlet, Carolan, Outschool 97 people like this. Like Labster gets millions from a16z to bring virtual science lab software to the worldFebruary 10, 2021 at 5:00 AM  Tags: Startups, TC, Asia, Education, Africa, Tech, Vr, Virtual Reality, Denmark, Silicon Valley, Andreessen Horowitz, Copenhagen, Edtech, Latin America, Jensen, California Community College 121 people like this. Like Blair launches $100M facility to fund ISAs for studentsFebruary 8, 2021 at 4:38 PM  Tags: TC, Y Combinator, Education, Funding, Tech, Blair, Mike Butcher, Income Share Agreements, COVID, Mike Mahlkow, Mahlkow Constantin Schreiber, David Nordhausen, YC Blair, Mahlkow, Blair So Blair, Blair Servicing 98 people like this. Like Extra Crunch roundup: 500 Startups’ demo day, smart SaaS pricing and much moreFebruary 5, 2021 at 6:04 PM  Tags: Startups, TC, Europe, Education, Okta, Tech, Best, Artificial Intelligence, SaaS, Venture Capital, Public, Alex, Robinhood, Lightspeed Venture Partners, Union Square Ventures, Databricks 108 people like this. Like BeGreatTV to offer MasterClass-like courses taught by Black and brown innovatorsFebruary 5, 2021 at 1:11 PM  Tags: TC, Beyonce, Education, Tech, Diversity, John, Lil Wayne, Drake, Black, Hamilton, Include, Cortez, Masterclass, David Sedaris, Woodruff, Oreal 54 people like this. Like Class adds $30 million to its balance sheet for a Zoom-friendly edtech solutionFebruary 4, 2021 at 11:00 AM  Tags: Startups, TC, Europe, Class, Education, Funding, Tech, Edtech, Sdk, Early Stage, Udemy, Emergence Capital, Zoom, LMS, Chasen, Michael Chasen 113 people like this. Like Edtech valuations aren’t skyrocketing, but investors see more exit opportunitiesFebruary 3, 2021 at 9:37 AM 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 25 people like this. Like Language-learning service Babbel adds live classes, games and moreFebruary 2, 2021 at 2:30 PM 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 30 people like this. Like Udemy’s new president discusses the reskilling company’s futureFebruary 2, 2021 at 1:10 PM Udemy, which launched more than a decade ago, has sold courses to 50 million students through its digital learning platform. But new president Greg Brown sees “exponential growth” opportunities in doubling down on its enterprise arm, which currently has over 7,000 customers.
The shift within Udemy has been brewing for years, but recent tailwinds have shifted the way the business closes contracts.
In a phone interview, Brown said Udemy for Business, the company’s corporate lear...Tags: TC, Education, Tech, Edtech, Coursera, Udemy, Pluralsight, Brown, ARR, Greg Brown 15 people like this. Like Extra Crunch roundup: Edtech VC survey, 5 founder mistakes, fintech liquidity, moreJanuary 29, 2021 at 6:17 PM  Tags: Apple, Startups, TC, Cloud, Europe, New York, Hardware, Enterprise, Media, Education, Entrepreneurship, Boston, Africa, Tech, Netflix, Digital Media 113 people like this. Like Nerdy, a tutoring marketplace startup, is going public via SPACJanuary 29, 2021 at 1:26 PM 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 8 people like this. Like 13 investors say lifelong learning is taking edtech mainstreamJanuary 28, 2021 at 10:00 AM 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 23 people like this. Like 12 investors say lifelong learning is taking edtech mainstreamJanuary 28, 2021 at 10:00 AM 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 39 people like this. Like UCLA is building a digital archive of mass incarceration with a new $3.6M grantJanuary 28, 2021 at 9:02 AM UCLA researchers have been awarded a $3.65 million grant to collect, contextualize, and digitally preserve a huge archive of materials relating to policing and mass incarceration. It should help historians and anthropologists, but more fundamentally it will thoroughly document a period that many would rather forget.
The “Archiving the Age of Mass incarceration” effort is being led by Kelly Lytle Hernandez, director of the university’s Bunche Center for African American Studies and creator of Mil...Tags: TC, Education, La, Government, Los Angeles, Tech, Seattle, Lapd, Policing, Ucla, Andrew W Mellon, Ethnic Studies, Kelly Lytle Hernández, Million Dollar Hoods, Bunche Center for African American Studies, Lytle Hernandez 36 people like this. Like Extra Crunch roundup: Digital health VC survey, edtech M&A, deep tech marketing, moreJanuary 22, 2021 at 3:58 PM  Tags: Health, Startups, TC, Facebook, Asia, Europe, Enterprise, Education, Privacy, Developer, Washington, Finance, US, San Francisco, Tech, Diversity 52 people like this. Like Sounding Board raises cash as startups wake up to executive coachingJanuary 22, 2021 at 11:58 AM 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 5 people like this. Like UK’s WhiteHat rebrands as Multiverse, raises $44M to build tech apprenticeships in the USJanuary 19, 2021 at 9:08 AM University education is getting more expensive, and at the moment it feels a bit like a petrie dish for infections, but the long-term trends continue to show a dramatic growth in the number of people worldwide getting degrees beyond high school, with one big reason for this being that a college degree generally provides better economic security.
But today, a startup that is exploring a different route for those interested in technology and knowledge worker positions — specifically by way of appr...Tags: Google, TC, Europe, UK, Enterprise, Education, Developer, US, Tech, Diversity, Tony Blair, Lightspeed Venture Partners, General Catalyst, Index Ventures, Blair, Cutler 45 people like this. Like YC-backed Blabla raises $1.5M to teach English through short videosJanuary 13, 2021 at 10:58 PM Short, snappy, entertaining videos have become an increasingly common way for young people to receive information. Why not learn English through TikTok-like videos too? That was what prompted Angelo Huang to launch Blabla.
Originally from Taiwan, Huang relocated to Shanghai in 2019 to start Blabla after working in Silicon Valley for over a decade. A year later, Blabla was chosen as part of Y Combinator’s 2020 summer cohort. The coronavirus had begun to spread in the U.S. at the time, keeping mil...Tags: TC, Y Combinator, Asia, Education, China, Southeast Asia, Funding, Tech, Taiwan, Shanghai, Tencent, Silicon Valley, Telefonica, Latin America, Yc, Huang 20 people like this. Like Inside SuperCharger Ventures’ debut virtual edtech acceleratorJanuary 11, 2021 at 1:29 PM Before the pandemic, edtech companies went decades without raising financing due to lack of interest from generalist venture capitalists. Now, more than a year since COVID-19 began, the sector is showing signs of maturation, from first profits to unicorns, potential IPOs and a rush of talent.
Momentum in mind, cross-border venture capital firm SuperCharger Ventures is launching a debut accelerator exclusively for early-stage edtech founders. The 12-week accelerator, which kicks off today, is bei...Tags: TC, Asia, Accelerator, Europe, Education, China, Tech, United States, Venture Capital, BSD, COVID, Supercharger Ventures, Janos Barberis, Barberis, NextView Ventures NextView Ventures, Taylor Freeman Axon Park 49 people like this. Like The tech-powered wave of smart, not slow, tutoring sessionsJanuary 7, 2021 at 11:52 AM While starting a tutoring marketplace is easy, scaling is often where the troubles begin. Tutoring marketplaces require a base of tutors that have the bandwidth and empathy to work with students across different learning styles, goals and comprehension levels. The nuance means that fast scale isn’t foolproof and can lead edtech startups into a classic marketplace downfall: the inability to grow consistently while also providing definite outcomes.
But, as 2020 showed edtech, the demand for quick ...Tags: Google, TC, Education, Tech, Edtech, Chegg, Dan Rosensweig, Live Tutoring, Quizlet Chegg Course Hero 50 people like this. Like Fluent Forever raises $4.9M for its language learning systemDecember 23, 2020 at 1:34 PM 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 31 people like this. Like To win post-pandemic, edtech needs to start thinking bigDecember 22, 2020 at 3:14 PM  Tags: TC, Codecademy, Education, Tech, Digital Divide, Pwc, Venture Capital, Columbia University, North Carolina, TCG, Edtech, Piazza, Zach Sims, Charlotte Mecklenburg Schools, Bryce Durbin, Quizlet 100 people like this. Like Brainly raises $80M as its platform for crowdsourced homework help balloons to 350M usersDecember 17, 2020 at 7:01 AM  Tags: TC, Europe, Education, Indonesia, Funding, Articles, Tech, E-commerce, Artificial Intelligence, United States, Quora, Poland, Brazil, Machine Learning, Homework, Gamification 122 people like this. Like |
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