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Early Edtech Giant PowerSchool Goes Public

Edsurge

Companies like to talk about their journey in raising money and growing over time, and one waypost for such journeys is to reach the ringing bells of a stock-market debut. heard those bells today, as the company began trading on the New York Stock Exchange—though the initial price ended up on the low end of expectations.

EdTech 169
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Why I'm Still Bullish About the State of Edtech

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In the next few days, thousands of edtech entrepreneurs, investors, educators and policymakers will flood a hotel in San Diego to attend the Mecca of Education Innovation Optimism known as ASU GSV. So now is the perfect time to reflect on the state of edtech. NYSE: INST), Coursera, Inc. Here’s why 2021 was a banner year for U.S.

EdTech 179
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Course Hero Joins the Edtech Unicorn Stable

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education technology company has reached the billion-dollar valuation mark, and with that comes bragging rights to being a “unicorn.” I am careful about that term being the focus,” says Andrew Grauer, who co-founded Course Hero in 2006. The company has been turning a profit since 2012, according to Grauer. Another U.S.

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Course Hero Adds $70 Million to Series B Fundraise

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As it turns out, the company wasn’t done fundraising. Capitalizing on increased usage seems to be the formula among edtech companies seeking new money this year. edtech companies raised over $800 million in the first half of 2020. The company has also invited them to freely share their course materials with peers.

Course 121
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Why I’m Optimistic About the Next Wave of Education Technology

Edsurge

Edtech, I believe, is going through a similar rebuilding moment powered by three trends: widely available infrastructure, the catalytic impact of spending by both the government and philanthropy in education, and—finally—the embrace of edtech by educational institutions and educators themselves. Not yet convinced?

Kaplan 159