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Duolingo IPO Shows Investors Think Edtech Is Still Growing.

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billion—which is a good moment to reflect on how mobile learning has entered classrooms and how the company has expanded from just an app. In 2011, Pittsburgh-based Duolingo was founded by Luis von Ahn and Severin Hacker. And it turns out that online language learning is the fastest-growing market segment within the edtech industry.

EdTech 165
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Varsity Tutors to Go Public at $1.7B Valuation Through SPAC Acquisition

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Being nerdy pays off, and soon there will be another education technology company on the public market. Nerdy, the parent company of Varsity Tutors , an online tutoring platform, will be acquired by TPG Pace Tech Opportunities, a special purpose acquisition company. He rejoined in 2011 and became its full-time CEO.

lynda.com 217
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The Next Edtech IPO Might Be This London-Based Language Learning Company

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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

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The Edtech Revolution: 2010 – 2017

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Now, we know that edtech has been proven to improve test scores and overall classroom engagement. But, how does the 2010 vision for edTech match what’s actually happening today? However, it was the Chromebook (2011) that truly revolutionized 1:1. Billion has been invested in US K-12 education technology companies since 2010.

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Byju’s Becomes an Edtech ‘Decacorn’ After Fundraise from Mary Meeker’s Bond Capital

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That’s the industry lingo for companies valued at $10 billion or more. It’s an ultra-exclusive club of two dozen companies across the world, according to CB Insights. Byju’s is the newest member—thanks to an investment from technology investment firm Bond, which values the company at $10.5

EdTech 138
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Codecademy, an Early (and Now Profitable) Pioneer of Coding Education, Raises $40M in New Funding

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Money has flowed into the edtech sector over the last twelve months. Unlike other edtech startups seemingly on the fast track to big checks, Codecademy has been in the business for over a decade. But the New York-based company had already served 45 million students in more than 190 countries before the pandemic hit. “We

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Duolingo Just Raised $35M. Udemy Got $50M. Both Are Valued Billions More.

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Two of the fastest growing and most highly valued education technology companies are going down the alphabet as they raise subsequent rounds at higher and higher valuations. This latest investment gives the Pittsburgh-based company a valuation of $2.4 To date, the company has raised $183 million in outside capital.

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