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Public Edtech Companies Have Been Rare. These SPACs Will Change That.

Edsurge

Publicly traded education technology companies are rare. That leaves 2U, Chegg and Stride (formerly known as K12 Inc.) as the remaining trio of prominent edtech companies on the U.S. CLAS.U), a special purpose acquisition company headed by CEO Michael Moe, raised $225 million in its IPO. public market.

Company 162
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Edtech Earnings Roundup: How 2U, Chegg, Instructure and Pluralsight Fared in Q2 2019

Edsurge

The latest quarterly earnings for publicly traded education technology companies was especially rough for 2U , which revised its loss guidance for the year and stated that it expected enrollment challenges to its core business of running online graduate programs with universities. based company tumbling to historic lows. (It

Chegg 92
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Duolingo IPO Shows Investors Think Edtech Is Still Growing.

Edsurge

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. From the forms the company filed with the SEC last month, we learned the company conducted a study to evaluate Duolingo’s effectiveness versus traditional university language courses.

EdTech 166
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Course Hero Adds $70 Million to Series B Fundraise

Edsurge

As it turns out, the company wasn’t done fundraising. Capitalizing on increased usage seems to be the formula among edtech companies seeking new money this year. Companies like Coursera, which helps universities build and access online courses, have ridden the momentum from new registrations to secure a $130 million investment in July.

Course 127
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Top Trends Higher Education Textbook Publishers Must Follow

Kitaboo on EdTech

The budget proposal for the 2020 fiscal year requested an approximate $7.1 This has led to higher education textbook publishers facing the brunt as that’s the only area where students and institutes can reduce their spends, by opting for digital textbooks instead. Today, a lot of companies offer subscription-based services.

Trends 97
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The 100 Worst Ed-Tech Debacles of the Decade

Hack Education

Without revenue the company will go away. Or the company will have to start charging for the software. Or it will raise a bunch of venture capital to support its “free” offering for a while, and then the company will get acquired and the product will go away. And “free” doesn’t last.

Pearson 145