Edtech Business

More Big Bucks for Tutoring Companies: Varsity Tutors Raises $50M in Series C Funding

Tutoring is big business. Wealthy families fork out more than $1,000 an hour for top teachers. The industry has spawned celebrity millionaires in South Korea.

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?Almost Four Years After Creating a For-Profit, Kuali Raises $10m From Owl Ventures

Open-source campus management software provider Kuali surprised users in 2014 when it announced that the former nonprofit would establish a corporate enterprise. Nearly four years later, the Utah-based company is taking another business leap, with a $10 million investment from edtech venture capital firm Owl Ventures.

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Announcing IMMERSION: the most hands-on, info-packed event we’ve ever created for companies

On April 15, EdSurge is hosting a one-day clinic on building your edtech business, EdSurge IMMERSION.This will be the most hands-on, info-packed session we’ve ever created for edtech entrepreneurs--and we hope you’ll consider joining us.

Teachers: Sometimes It’s Nicer to Say No—Especially to Edtech Salespeople

“If you can’t say something nice, don’t say anything at all.” If all of us took Mom’s advice, the world would probably be a more pleasant place.In my years of selling technology to different industries, I’ve never encountered nicer prospects and customers than those in K-12 education. Teachers, principals, assistants, coordinators, district staff, it doesn’t matter—they’re just plain nice. Even to salespeople! They don’t yell, they return calls promptly, their emails aren’t written in all caps, and they even listen without interrupting!

Quizlet Raises $20 Million to Bring More Artificial Intelligence to Its Study Tools

Big numbers are nothing new to Quizlet, one of the most widely-used digital study tools in the United States. The San Francisco-based developer behind the platform claims more than 30 million monthly users, including 1 in 2 high schoolers, and 1 in 3 college students, in the United States. And according to one website tracker, it is among the most visited sites in the country (besting LinkedIn and Spotify).

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ACT Bets Big on Analytics, Adaptive Learning With $7.5M Investment in Smart Sparrow

When most people hear the letters ACT, they likely think of the test that helps determine which colleges they get into. But the organization’s chief executive, Marten Roorda, wants to provide more than a score.

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Coding Bootcamp General Assembly Hints at Possible Sale

General Assembly’s CEO Jake Schwartz told Reuters on Wednesday that he is looking into the company’s financing options, and that includes potentially selling the New York-based coding bootcamp.

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Sources of Hope for Education Technology in 2018

I find myself without strong enthusiasm for the task of writing a conventional set of predictions about education technology in 2018. The most urgent needs of the most vulnerable children in this nation involve other technologies. Children in Puerto Rico deserve a working electrical grid, children in Flint deserve plumbing that delivers drinkable water, and children in Baltimore deserve schools that are heated in the winter. The 9 million children once protected by CHIP deserve health care.

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What’s the Next Step for AltSchool? Paid Partnerships With Public Schools

After abruptly announcing the closure of two lab schools last November, AltSchool—the San Francisco-based software developer and micro-schools operator—is moving forward with plans to get their platform into public schools.Today the startup announced its first two public school partnerships, Arcadia Unified School District located in Los Angeles County and Menlo Park City School District in the San Francisco Bay Area.

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Google’s Education Suite is Still Free, but New Add-Ons For Administrators Come With a Fee

To date, educators have enjoyed most of Google’s G Suite for Education applications—which include Site, Mail and Classroom—for free. Those tools will continue to be available gratis, but Google is seeking to generate more revenue from its education offerings. That’s why the company’s announcing new add-on tools for school administrators that come at a price.

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