Edtech Business

?Kahoot Pulls Back the Curtains for Studio, a Library of Ready-Made Learning Games

A hallmark of Kahoot’s learning games platform has been the ability for teachers to create quizzes and games for students to use during class. But “the biggest challenge we see with teachers is time,” Erik Harrell, its CEO, tells EdSurge. For even the biggest Kahoot fans, the time needed to put together unique quizzes can be restrictive. So the company set out to make Kahoot Studio, a curated library of ready-to-play kahoot games for K-12 educators and their students.

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Remind’s Race to Conquer the K-12 Communications Market—and Beyond

The bigger the check, the grander the expectations. That’s the pressure put on any venture-backed startup—and especially so for Remind, which has raised $59.5 million from investors including Kleiner Perkins and Social Capital, two of Silicon Valley’s toniest firms.
Since its launch in 2011, the company’s communication app has amassed more than 20 million users—none of whom had to pay a dime. It’s relied on that explosive growth to sidestep questions about its business model. But that’s no longer the case.

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What’s It Like Tutoring for VIPKID, the Chinese Company That Just Raised $200 Million?

Several teachers are putting away their mojitos and sunglasses as they get ready the new school year. Yet, for Shannon Mabry, the trip to her classroom isn’t far. In fact, it's right next to her bed.

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Meet the 5 Education Technology Startups From Y Combinator’s Summer 2017 Class

Investor pitch events are a dime a dozen, but no one does it with the flair and furor of Y Combinator. Now in its 25th Demo Day, the Silicon Valley accelerator has created a machine for turning fledgling ideas into businesses that get investors salivating—and writing checks. Since 2005, Y Combinator has funded 1,430 companies and nearly 3,500 founders. Its graduates have gone on to raise more than $13 billion in total.

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Unconventional (and Timely) Fundraising Tips for Edtech Startups

Hi Guido & Esteban,

My edtech company has started achieving rapid user adoption and we believe we have a compelling story to start fundraising. As we get all of our ducks in a row to start approaching VCs, I’m wondering, is there a specific time where VCs are more actively looking for companies to invest in? Conversely, is there a downtime?

— Time Sensitive

Dear Time Sensitive,

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Tinkergarten Raises $5.4M to Get Kids to Go Outside, Play and Learn

For Brian Fitzgerald, what began as a newborn side project in 2012—when he was working at edtech startup Knewton—has become a fully-grown venture of its own.Tinkergarten, which operates a network of outdoor-based classes for young children, has raised $5.4 million in a Series A round led by Owl Ventures. Existing investors Omidyar Network and Reach Capital also contributed. (Disclosure: all three are also investors in EdSurge.) The Northampton, Mass.-based startup has now raised $8.3 million in total funding.

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How Edtech Developers Design Around ‘Screen Fatigue’

When I think about education technology, images of engaged students in front of computers and tablets come to mind. I imagine wide-eyed kids with big smiles, just like the ones I see on edtech product pages.But at the moment, there’s reason to question these expectations—and expect more.

Thoma Bravo’s Acquisition of Frontline Education Creates Edtech’s Newest Unicorn

Frontline Education is swapping one private equity owner for a bigger one. Today the Malvern, Penn.-based education company announced it will be acquired by Thoma Bravo, a major private equity firm with offices in San Francisco and Chicago. Terms of the deal were not disclosed, but Frontline CEO Tim Clifford tells EdSurge in an interview that “the company is valued in the unicorn range, well north of a billion dollars.”

Microcredentials and Macro-dollars: How an Online Ad Led 2U's Chip Paucek to Make a $120M Bet

Chip Paucek is an entrepreneur’s entrepreneur. After two other startups sputtered, Paucek cofounded and runs 2U, which made its debut on the public market in March 2014. It closed that first day at $13.90 and has since grown to more than $50 a share. He lives the product, too: Paucek earned his own MBA by taking classes through 2U’s program with North Carolina’s Kenan-Flagler Business School.

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Money Talks: Duolingo Raises $25M More (at a $700M Valuation)

As the chief executive behind one of the world’s most popular language-learning tools, Luis von Ahn ironically struggles with picking up a new tongue. “I’m actually very bad at learning languages, which is pretty funny, considering what I do,” the CEO and co-founder of Duolingo said in an email to EdSurge. An English and Spanish speaker, von Ahn is “making good progress” on learning Portuguese and hopes to tackle French next.

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