Financing

Panorama Education Raises $16M to Connect Emotional, Academic Wellbeing With Data

Panorama Education’s first product was a survey tool that let students speak up about their learning environment. Kids could let teachers and administrators know how they really felt about things like safety and school climate.

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This Company Wants to Gather Student Brainwave Data to Measure ‘Engagement’

If Blade Runner had a classroom scene, it might look something like the promotional video by BrainCo, Inc. Students sit at desks wearing electronic headbands that report EEG data back to a teacher’s dashboard, and that information purports to measure students’ attention levels. The video’s narrator explains: “School administrators can use big data analysis to determine when students are better able to concentrate.”

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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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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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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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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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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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Fueled by Big Rounds, US Edtech Funding Surges to $887M in First Half of 2017

The bull is back—or is it? After a dip in dealflow and venture capital to U.S. edtech companies last year, the dollars returned with a fury during the first six months of 2017. According to our tally, there were 58 U.S. deals that totalled more than $887 million through June of this year.

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