Edsurge
MAY 13, 2021
Amidst the hype, two competing entities were formed within a few weeks of each other: One of them was Coursera, a for-profit startup backed by the biggest-name investors in Silicon Valley, who argued that they were building a billion-dollar company, a rare “unicorn,” as venture capitalists say.
Edsurge
JULY 17, 2020
education technology company in 2020. To close out the week, another higher-education company secured a nine-figure fundraise. Coursera, which provides online courses to higher-ed institutions, businesses and government agencies, has raised $130 million in a Series F round led by NEA. based company an estimated $2.5
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Edsurge
DECEMBER 28, 2021
Coursera went public , while edX was acquired by the public company 2U for $800 million and lost its non-profit status. In March, Coursera went public on the NYSE, raising $519 million. The company is expected to bring in more than $400 million in revenue in 2021. At the time of writing, the company is valued at about $1.6
Edsurge
JANUARY 27, 2021
Publicly traded education technology companies are rare. 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. He was an early investor in Chegg, which went public in 2013 and whose stock more than doubled in 2020.
Edsurge
DECEMBER 30, 2020
In fact, many capitalized on it in 2020. Here is a recap of the biggest and most popular edtech business stories of 2020. That set off a chain of lawsuits, layoffs and revolt from investors unhappy with the terms, which carried into 2020. It may not be the only publicly traded edtech company to be taken private.
Edsurge
MARCH 5, 2021
This afternoon, Coursera filed its S-1 paperwork , offering a first look at how the Mountain View, Calif.-based Coursera reported $293.5 million in revenue in 2020, marking a 59 percent increase from the previous year. Coursera reported $293.5 based online education provider is faring as it prepares to go public.
Edsurge
JULY 29, 2020
“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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