2020 Company Coursera EdTech 
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. At the top of the iceberg, above the water, are the public companies, and that’s pretty limited.
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. Downsides of Openness?
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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
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.
Edsurge
JULY 28, 2021
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
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
JUNE 11, 2020
The sudden shift gave leaders at DreamBox Learning, a math education company headquartered nearby, an early glimpse at the upheaval to come and an inkling that digital teaching tools would soon be in high demand around the country. That strained the company, but it also notched DreamBox record levels of renewals.
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