Posts filtered by tags: Owl Ventures[x]
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 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 SplashLearn raises $18 million for its game-based edtech platformFebruary 9, 2021 at 7:30 AM  Tags: Apps, Education, India, Funding, San Francisco, Tech, United States, Edtech, Coursera, Accel, Jain, Patel, UK Australia Canada, Owl Ventures, Arpit Jain, Amit A Patel 57 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 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 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 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 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 African edtech startup uLesson lands a $7.5 million Series AJanuary 20, 2021 at 4:11 PM 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 25 people like this. Like Union Square Ventures and Learn Capital file paperwork indicating new fundsDecember 31, 2020 at 6:25 PM As 2020 comes to a long-awaited end, a series of filings indicate that venture capitalists are ending the year with fresh money. According to SEC paperwork, Learn Capital and USV have filed paperwork that shows the firms have raised new, multimillion-dollar funds.
If you’ve been paying attention to news this past year, it’s clear that much of venture capital isn’t just surviving 2020 – it’s flourishing through it. Zoom investing, it seems, is working just fine for cash-rich firms looking to d...Tags: Startups, TC, New York, Tech, USV, SEC, Jack, Sam, Union Square Ventures, Max, Altman, Owl Ventures, Learn Capital, Jonathan Shieber, Jack Altman 43 people like this. Like Edtech investors are panning for goldSeptember 21, 2020 at 3:45 PM The spotlight on edtech grows brighter and harsher: On one end, remote-learning startups are attracting millions in venture capital. On the other, many educators and parents are unimpressed with the technology that enables virtual learning and gaps remain in and out of the classroom.
It’s clear that edtech’s nebulous pain points — screen time, childcare and classroom management — require innovation. But as founders flurry to a sector recently rejuvenated with capital, the influx of interest has ...Tags: Startups, TC, Education, Tech, Netflix, Edtech, Lightspeed Venture Partners, Reach Capital, Owl Ventures, Carolan, Jennifer Carolan, Ian Chiu, Mercedes Bent, Disrupt 2020, Cowboy Vc, Jomayra Hererra 40 people like this. Like Blume Ventures’ Karthik Reddy on Indian startup ecosystem, geo-political tension with China and coronavirusSeptember 17, 2020 at 3:25 AM  Tags: Startups, Asia, Hong Kong, China, India, Venture Capital, Alibaba Group, Zomato, New Delhi, Bangalore, Blume Ventures, Disrupt, Techcrunch Disrupt, Reliance Jio, Reddy, Jio 110 people like this. Like VCs pour funding into edtech startups as COVID-19 shakes up the marketSeptember 11, 2020 at 9:45 AM  Tags: Fundings & Exits, Startups, Education, China, India, Shanghai, Edtech, Silver Lake, Zuoyebang, Exchange, Jenny Lee, Owl Ventures, Byju, The Exchange, Labster, COVID 136 people like this. Like Silver Lake invests in edtech company Byju’sSeptember 8, 2020 at 6:01 AM Online learning platform Byju’s has raised funds from US-based private equity firm Silver Lake, along with existing investors including Tiger Global, General Atlantic and Owl Ventures, the company said in a statement on Tuesday. While the company didn’t specify the amount, it is believed to be $500 million, according to multiple reports. Before this, Silver Lake had invested $1.35 billion in Jio Platforms. It has also invested in Airbnb, Alibaba, Ant Financial, Alphabet’s Verily and Waymo unit...Tags: Travel, News, Education, India, Funding, US, Atlantic, Tencent, Mumbai, Bond, General Atlantic, DST Global, Silver Lake, Owl Ventures, Byju, Dell Technologies 12 people like this. Like Silver Lake leads $500 million round in India’s Byju’sSeptember 8, 2020 at 2:18 AM  Tags: Facebook, Apps, Asia, Education, India, Funding, Tech, Atlantic, New Delhi, Bond, Mary Meeker, Silver Lake, TechCrunch, Owl Ventures, Byju, Greg Mondre 67 people like this. Like Silver Lake leads $500 million investment round in Indian online learning giant Byju’sSeptember 8, 2020 at 2:18 AM Tags: Facebook, Apps, Asia, Education, India, Funding, Tech, Atlantic, Tiger Global, New Delhi, Bond, General Atlantic, Mary Meeker, Silver Lake, TechCrunch, Reliance Jio 60 people like this. Like The future of retail and office space is up in the air, and proptech investors are optimisticSeptember 5, 2020 at 2:00 PM  Tags: Apple, Amazon, Startups, TC, Facebook, Europe, Utah, New York, London, Instagram, Australia, Youtube, China, Ipo, Berlin, India 127 people like this. Like Edtech is the new SaaSSeptember 3, 2020 at 8:08 PM Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines.
The whole crew was back, with Natasha Mascarenhas and Danny Crichton and myself chattering with Chris Gates behind the scenes making it all work. An extra shoutout to Natasha this week as we spent a lot of time talking about edtech, a category that she spearheads for us and has brought to the show. It’s a big deal!
We’re on YouTube now, don’t fo...Tags: Apple, TC, Youtube, Tech, SaaS, Venture Capital, Bumble, Patreon, Impossible Foods, Fred Wilson, Startup Accelerator, Natasha, Danny Crichton, Juni, Owl Ventures, Equity podcast 14 people like this. Like Owl Ventures’ new pair of funds gives edtech a $585 million boostSeptember 1, 2020 at 8:30 AM Edtech just keeps on booming.
Today, Owl Ventures, a San Francisco-based education technology fund whose portfolio includes Byju’s, Labster, Masterclass and Quizlet, announced that it has closed a pair of investment vehicles totaling $585 million.
Owl Ventures IV is a $415 million investment vehicle which will be used to invest in edtech startups Series A and beyond. The firm also formed its first ever opportunity fund at $170 million to work as a growth-stage bank for existing portfolio comp...Tags: Startups, TC, San Francisco, Tech, Edtech, Masterclass, TCV, Chiu, Owl Ventures, Sequoia India, Quizlet, Byju, Byju's, Juni Learning, Ian Chiu, Coronavirus 36 people like this. Like Now providing healthcare access to nearly 1.5 million kids, Hazel Health raises $33.5 millionSeptember 1, 2020 at 9:03 AM  Tags: Apple, Ipad, TC, Technology, Articles, Tech, Ceo, United States, Healthcare, Telemedicine, Executive, Bain Capital Ventures, Distance Learning, Hazel, Centene Corp, GOLOMB 87 people like this. Like Can learning pods scale, or are they widening edtech’s digital divide?August 6, 2020 at 1:56 PM Lucia, a six-year old, hides from Zoom calls and has rejected every edtech tool from Seesaw to Khan Academy. She will spend all of first grade in quarantine.
Her mother, Claire Díaz-Ortiz, says her daughter fits squarely into the “distance learning death zone.” The idea is that younger children are too young to do distance learning solo, even with tools meant to make it easier. Here’s one kindergartner’s remote fall class schedule:
Just got this schedule for my kindergartner’s “distance le...Tags: Startups, TC, Facebook, Education, Tech, Venture Capital, Edtech, Zoom, Bay Area, Lucia, PRISMA, Claire Diaz Ortiz, Market Analysis, Owl Ventures, Diaz Ortiz, Aubrey Hirsch 40 people like this. Like Byju’s acquires edtech startup WhiteHat Jr. for $300 millionAugust 6, 2020 at 2:39 AM Byju’s has acquired Mumbai-based edtech startup WhiteHat Jr. for $300 million. WhiteHat Jr. offers online coding classes to students in India and the US, and was founded just 18 months ago, in November 2018. This makes it the fastest exit story at this size in the Indian startup ecosystem, according to TechCrunch. In a statement, Byju’s said that this acquisition will also help it in its US expansion plans.
WhiteHat Jr. had raised $10 million from Nexus Venture Partners, Omidyar Networks and Owl...Tags: Travel, News, Education, India, US, New Zealand, Mumbai, Karan, Owl Ventures, Byju, Byju Raveendran, Byju's, Whitehat Jr, Canada UK Australia, Nexus Venture Partners Omidyar Networks, Karan Bajaj 15 people like this. Like Edtech startups flirt with unicorn-style growthJuly 21, 2020 at 1:01 PM When Quizlet became a unicorn earlier this year, CEO Matthew Glotzbach said he’d prefer to distance the company from the common nomenclature for a startup valued at or above $1 billion.
“The way Quizlet has gotten to this point is by building and growing a very responsible business,” he said. “It’s the result of the hard work of the team for a decade. We’re much more like a camel.”
It’s clear, though, that the tides might be changing. In edtech, the rich are getting richer. Last week, Mountai...Tags: Startups, TC, Education, India, Tech, Venture Capital, Edtech, Coursera, Duolingo, Udemy, Chiu, Market Analysis, Owl Ventures, Quizlet, Matthew Glotzbach, Ian Chiu 21 people like this. Like ‘Edtech is no longer optional’: Investors deep dive into the future of the marketJuly 20, 2020 at 2:29 PM One reason some venture capitalists and founders don’t enter edtech is because the space has a sluggish stereotype, thanks to red tape, slow sales cycles, and, in America, a fragmented customer base.
But data suggests that edtech’s reputation is not entirely earned. Byju’s is India’s second-most-valuable company. Since 2013, there have been 300 acquisitions in the space. And if you only understand success in terms of unicorns, two edtech businesses, Quizlet and ApplyBoard, were recently added to...Tags: Startups, TC, Education, India, America, Tech, Edtech, TCV, Reach Capital, Owl Ventures, Quizlet, Byju, Jennifer Carolan, Shauntel Garvey, Ian Chiu, Emerge Education 37 people like this. Like 8 edtech investors talk re-skilling, digital universities, ISAs and other post-pandemic trendsJuly 16, 2020 at 12:25 PM We know that the coronavirus has brought unprecedented attention to the edtech market, but now what? What happens when schools are no longer clambering toward an overnight solution? When the surges slow? When our world reopens and there doesn’t need to be a full-suite of at-home solutions for kids and parents?
As the next wave of edtech companies are being built to address these novel use cases, investors are looking for solutions that aren’t simply pandemic-era important. To some, that means sk...Tags: Startups, TC, Tech, Intel, Edtech, Union Square Ventures, Cowboy Ventures, TCV, Reach Capital, Owl Ventures, Jennifer Carolan, Rebecca Kaden, Shauntel Garvey, Ian Chiu, Emerge Education, Jan Lynn-Matern 45 people like this. Like Degreed lands new cash for upskilling in a down marketJune 16, 2020 at 3:19 PM While the pace of layoffs might be slowing down, an extended recession is forcing companies to get smarter about the way they grow. One way to stay lean and stealthy? Have a team that is constantly learning and equally flexible.
Degreed helps employers do exactly that by connecting employees to learning resources to master new skills. The edtech startup today announced it has raised $32 million in venture capital in a round led by Owl Ventures, bringing its total known raised to $182 million....Tags: Startups, TC, Education, Tech, Nasa, Mccarthy, David Blake, Owl Ventures, Degreed, Chris McCarthy, Recent Funding, Ethena, Adepto Degreed 12 people like this. Like MasterClass just raised $100 million for celebrity-fueled contentMay 20, 2020 at 9:00 AM  Tags: TC, Shonda Rhimes, Entertainment, Tech, Bloomberg, Fbi, Neil Degrasse Tyson, Anna Wintour, Serena Williams, Edtech, Nea, Steph Curry, Masterclass, Ramsey, Rupaul, David Sedaris 105 people like this. Like Indian education startup Byju’s is fundraising at a $10B valuationMay 1, 2020 at 5:56 PM Byju’s, an education learning startup in India that has seen a surge in its popularity in recent weeks amid the coronavirus outbreak, is in talks to raise as much as $400 million at a $10 billion valuation, said three people familiar with the matter.
The additional capital would be part of the Bangalore-based startup’s ongoing financing round that has already seen Tiger Global and General Atlantic invest between $300 million to $350 million into the firm.
That investment by the two firms thou...Tags: Facebook, Asia, Education, India, Funding, Tech, Atlantic, Qatar Investment Authority, Sequoia Capital, Tiger Global, New Delhi, General Atlantic, Bangalore, Paytm, Chennai, Oyo 29 people like this. Like Boston Tech Watch: Workbar, Modo, Locus Robotics, Zagster & MoreApril 26, 2019 at 8:55 AM  Tags: California, Boston, Berlin, Funding, Trends, Tech, Cybersecurity, Staples, Vc, Brighton, Cambridge, SEC, Autonomous Vehicles, Norwood, Logistics, Worker 104 people like this. Like 2019 US VC funds take a more boutique approachMarch 2, 2019 at 12:55 PM  Tags: TC, Column, New York, California, China, Boston, Softbank, San Francisco, Tech, Venture Capital, SEC, Silicon Valley, Mary Meeker, Menlo Ventures, Kleiner Perkins, Spark Capital 64 people like this. Like |
