article thumbnail

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

Edsurge

edtech companies last year, the dollars returned with a fury during the first six months of 2017. edtech startups is already at 88 percent of the total in 2016 ( which was $1 billion ). Now “Sand Hill is waiting to see the outcome of some of their previous edtech investments,” says Shauntel Poulson, a general partner at Reach Capital.

EdTech 90
article thumbnail

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

Edsurge

That feature is a far evolution from the company’s humble beginnings in Washington University, where Cohn started the business as a student in 2007. Currently this feature is available for less than 20 percent of the subjects, but providing “instant liquidity” is a priority, shares Chuck Cohn, CEO of Varsity Tutors, in an interview.

Company 69
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Can Technology in the Classroom Replace Expensive Textbooks

Kitaboo on EdTech

The State appropriations per full-time student have fallen from an inflation-adjusted $8,489 in 2007 to $7,642 in 2017. Similarly, Pearson has made some of its textbooks available for rent through Chegg. On the other hand, per-student tuition revenue has increased by 96%. but they do get to save money through this model.

article thumbnail

Edtech Industry Magnate Michael Moe Makes a Pivot

Edsurge

Together they have run the ASU GSV Summit , the annual must-go-to event for business leaders and investors in edtech. So you can look at Chegg, which we’re an investor in, which has a $5.5 Over the past decade, Michael Moe and his business partner, Deborah Quazzo, have been central players in building the education technology economy.

article thumbnail

The 100 Worst Ed-Tech Debacles of the Decade

Hack Education

Kno was headed by Osman Rashid, the co-founder of the textbook rental company Chegg, and the tablet was aimed at the college market. Bridge International Academies was founded in 2007, promising to bring quality education to parts of the Global South. The LMS isn’t the only platform in education to be sure.

Pearson 145