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US Edtech Raises $803M in First Half of 2020 As COVID-19 Forces Learning Online

Edsurge

“With COVID-19 jeopardizing in-school learning, we expect the widespread adoption of edtech software to continue, and this is not a short-term trend,” says Jeff Lieberman, a managing director at Insight Partners, a private equity firm that has backed nearly two dozen education companies. In the first half of 2020, U.S.

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Edtech Has Grown More Common, More Global and More Sophisticated. What’s Next?

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And in the edtech world, normal meant more ed and less tech than in 2020 and 2021. Public and private edtech companies felt the pain of these poor results, announcing more than 8,000 layoffs in an industry that only employs about 100,000 people. It’s a tough time to build or invest in an edtech company.

EdTech 159
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Earnings Roundup: How Public Edtech Companies Fared Following the Outbreak

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For instance, education companies that rely on corporate customers may take a hit, as those clients look to cut costs. While COVID-19 hit at the tail end of the first quarter, some publicly traded education companies already reported an impact on their Q1 2020 earnings. at Tuesday’s close. What’s ahead? million, up 2.6

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US Edtech Closes Decade with Record $1.7 Billion Raised in 2019

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economy leading into 2020—equity market milestone after milestone plus a historically low labor pool. In 2019, the Dow Jones Industrial Average passed 28,000 points , the S&P 500 Index topped 3,000 points and the Nasdaq broke 9,000 in what some have termed one of the longest bull markets in history.

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How edtech companies are helping schools navigate an uncertain year

eSchool News

In the middle of the abrupt changes to the remainder of the 2019-2020 school year, edtech companies offered resources and access to help educators, students, and parents make the best of at-home learning. Here is insight from a select few of those edtech leaders.

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The Next Wave of Edtech Will Be Very, Very Big — and Global

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Braced for the next wave of edtech? The most recent player to step into the edtech spotlight is India’s Byju’s. The privately held company, which has raised $2.7 alone; that means the company has at least another half billion dollars at the ready. We used to think about edtech globalization in one way—from the U.S.

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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. And it turns out that online language learning is the fastest-growing market segment within the edtech industry. billion, making its total valuation more than $4.7

EdTech 163