Remove 2008 Remove 2020 Remove Company Remove EdTech
article thumbnail

The Next Edtech IPO Might Be This London-Based Language Learning Company

Edsurge

Niesner claims the company is on track to hit $40 million in revenue in 2020. There are so many players out there—and a few emerging winners” in edtech, says Niesner, 40. “We The company is still shy of the $100 million revenue threshold commonly associated with IPO-ready companies. The company has raised $4.4

Company 83
article thumbnail

How Will Coronavirus Impact Education Technology Investments in 2020?

Edsurge

Now, with the widespread cancellation of schools and conferences (where investors and entrepreneurs often meet), edtech investors are advising startups to heed Sequoia’s advice. Companies should be thinking about their cash runway, watching their burn and making sure they are comfortable with where they are at right now,” says Carolan.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Deals and More Deals: The Top Edtech Business Stories of 2019

Edsurge

Here’s a look at the biggest edtech business stories of 2019—the ones that captured the most attention, and the ones that should have your attention. A $157M Fundraise for Guild Education Births Edtech’s Newest Unicorn by Tony Wan Unicorns don’t exist, except when they’re of the billion-dollar valuation variety.

EdTech 78
article thumbnail

The Past Decade Forecasts a New Wave of Economic Opportunity in Education

Edsurge

From 2008 to 2019 we have witnessed a 4,000-plus percent expansion in the number of funded edtech startups, and the best startups can become unicorns. Digital has changed the nature of market growth, and edtech startups create new digital markets that leverage unique technology attributes of the new industrial revolution.

Udemy 113
article thumbnail

Survey of High School Juniors and Seniors Reveals Low Levels of Financial Preparedness

eSchool News

EVERFI collected anonymous survey responses from students who participated in one of three EVERFI financial education courses during the 2020-2021 school year. Founded in 2008, EVERFI’s Impact-as-a-Service TM solution and digital educational content have reached more than 45 million learners globally. Currently, more than half of U.S.

Survey 98
article thumbnail

Eyeing More Deals, 2U Raises $331 Million From Latest Public Offering

Edsurge

That’s how much the Landham, Maryland-based company raised through its latest public offering of common stock this week. He’s referring to the South Africa-based company that works with universities to build short online courses, which 2U purchased for $103 million in May 2017. It posted $92.3 Still, 2U wants more cash.

Company 130
article thumbnail

‘Our Technology Is Our Ideology’: George Siemens on the Future of Digital Learning

Edsurge

He’s credited with co-teaching the first MOOC in 2008, introduced the theory of “connectivism”—the idea that knowledge is distributed across digital networks—and spearheaded research projects about the role of data and analytics in education. He just doesn’t think our current university systems and edtech solutions will get us there.