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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. Today’s K12 educators are more digitally native than ever before.

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Chegg Cuts $15 Million Check to Buy AI-Feedback Tool, WriteLab

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Chegg announced today that it bought the Berkeley-based startup for about $15 million in an all-cash transaction. They started the company to solve a challenge that they both knew well: how to provide fast and actionable feedback to writing students. Even so, Ramirez described the edtech environment as “extremely challenging.”

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

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edtech companies last year, the dollars returned with a fury during the first six months of 2017. This means that halfway through 2017, the funding for U.S. edtech startups is already at 88 percent of the total in 2016 ( which was $1 billion ). This means that halfway through 2017, the funding for U.S.

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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 billion.

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

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In the heartland of America, one company is raising big bucks in a bid to capture this lucrative market. Louis-based company’s $50 million Series B round, which closed in November 2015. Already boasting 4,000 tutors covering 1,000 subjects, the company is on the hunt for more teachers.

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Pearson Is Selling Its US K-12 Business—Despite Posting a Profit and Digital Growth

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In its latest earnings update, the company confirmed that it is indeed moving ahead with such plans. In Pearson’s 2017 full-year results report , the publisher stated that “we have concluded the strategic review of our US K12 courseware business and have classified the business as held for sale.” billion) in 2017. “It

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EdSurge HigherEd Year in Review: Our Top Higher Education Stories of 2018

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That’s why we’ve also highlighted a few here that we don’t want you to miss, from complicated community college turnarounds to where IKEA and edtech overlap. Cheating on Chegg? How the Company Aims to Catch Tutoring Requests That Go Too Far. Here’s a look at how the education company is responding. Are You Still There?

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