Edtech Business

NYC Keeps Its Edtech Accelerator Revving With New Funders and Markets

New York City never sleeps and, apparently, neither does its effort to galvanize the education technology startup ecosystem. Today, the Big Apple’s edtech accelerator—a collaborative effort by New York University, venture capital firm Rethink Education, and StartEd, an industry network—announced the next dozen startups for its three-month program.

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How Tech Tools Helped a Part-Time Tutor Become a Full-Time Entrepreneur

As a tutor, Josh Sohn doesn’t simply help students complete their homework or ace their SATs. He tries to make learning profound, “lift and support” the kids he works with, and demonstrate an engagement some parents just can’t provide; he even helped persuade one student not to drop out of school.

20 By 2020: Quizlet’s Big Revenue Ambitions From Third-Party Content Partners

For its first 10 years, Quizlet was humming along just fine. The bootstrapped, San Francisco-based company claimed it was profitable thanks to its free popular digital flashcards, for which users could pay an annual subscription to get additional features. Then—and now—it ranked among the top 25 most popular U.S. websites, according to Quantcast.

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Google, Facebook, Amazon Among Tech Titans Committing $300 Million to K-12 Computer Science

A gaggle of technology companies joined Ivanka Trump in Detroit this morning to commit more than $300 million to K-12 computer science education programs.According to the Internet Association, a lobbying group for the industry, the following companies will donate the following amounts during the next five years:

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ThinkCERCA Raises $10.1 Million to Build Critical Thinkers, Readers and Writers

“Everyone’s worried about people having to learn how to code,” notes Eileen Murphy. But “there’s an even more basic level of literacy that people need to pick up,” notes the former English teacher and administrator. “Like how to write an email.”

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Edtech CEOs Seek to Change the ‘Adversarial Narrative’ With Public School Teachers

There are not too many education conferences that flip the script and let CEOs grill investors with questions. However, BMO Capital Markets’ 17th Annual Back to School Conference is the kind of event your boss’s boss attends. From bigwig financiers to bankers, along with heads of private and publicly-traded education technology companies, the gathering attracted around 900 attendees last week to share the opportunities and challenges in the industry this year.

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As Bootcamps Look for Novel Ways for Students to Pay For Their Studies, Many Try ‘Deferred Tuition’

Coding bootcamp App Academy was an early adopter of the student-financing option known as an income share agreement, or ISA. But after nearly five years using the model—where a student doesn’t pay tuition up front, but owes their school or lender some percentage of their income for a set period of time after landing a job—the school had to alter its plan.

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MissionU Welcomes Its First Class and an $8.5M Series A Round

Just a week after welcoming its first cohort of 30 students to class, startup university MissionU is opening its doors to a few other guests: education-minded investors. The company announced it has raised $8.5 million in a Series A round led by FirstMark Capital. Existing investors First Round Capital, University Ventures, Box Group, Rethink Education and Learn Capital also participated, along with new investors John Doerr and Omidyar Network.

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Carnegie Learning Bets Big on Coding With Acquisition of Globaloria

It’s a pairing as natural as letters and numbers, math and coding, the founders of Carnegie Learning and Globaloria would say.Today, Carnegie Learning announced that it has acquired Globaloria, a New York-based provider of computer science curriculum and professional development for K-12 schools and districts. Terms of the deal were not disclosed.

How ‘Gameheads’ Bring Joy to Tackling Tech’s Serious Diversity Problem

Kai Drayton-Yee says she didn’t play too many video games when she was a kid, and focused more on “STEM and engineering and math.”

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