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Why I'm Still Bullish About the State of Edtech

Edsurge

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. A small but mighty movement was building – and it needed time to grow.

EdTech 178
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Chegg Cuts $15 Million Check to Buy AI-Feedback Tool, WriteLab

Edsurge

Chegg announced today that it bought the Berkeley-based startup for about $15 million in an all-cash transaction. Even so, Ramirez described the edtech environment as “extremely challenging.” His advice to other edtech entrepreneurs? Prior to buying WriteLab, in October 2017 Chegg paid €12.5

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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. 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. 14 $1.6M $1.5M

EdTech 97
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Byju’s Becomes an Edtech ‘Decacorn’ After Fundraise from Mary Meeker’s Bond Capital

Edsurge

Byju’s is the newest member—thanks to an investment from technology investment firm Bond, which values the company at $10.5 Bond was founded by Mary Meeker, a former partner at Kleiner Perkins whose annual “Internet Trends” reports have become a must-read for the technology industry. billion , according to The Economic Times.

EdTech 134
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Reach Capital’s Newest Education Technology Investment Fund Closes at $82 Million

Edsurge

based firm has established itself as a familiar name within the education technology industry. It eyed the edtech industry as early as 2014, says Elizabeth Fisher Marshall, a managing director at Hall Capital, but “our concern at the time was the depth of the opportunity set and the unproven exit market.” WriteLab (Chegg).

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

Edsurge

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? It’s no surprise that students would ask for help on platforms like Chegg, which offer digital textbooks as well as tutoring and homework help.

MOOC 120
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Can Technology in the Classroom Replace Expensive Textbooks

Kitaboo on EdTech

Smartphones, tablets, and laptops had become a permanent requirement along with using technology in the classrooms by this time. 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.