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2020: The Year Of the Edtech Paradox

Edsurge

In many ways, 2020 has been THE year of edtech. Yet, 2020 also saw an acceleration of inequities in education. As an edtech investor, 2020 was a great year. As an impact investor focused on building a more equitable future, 2020 was devastating. As a mother, 2020 was unsettling. Edtech to What End?

EdTech 207
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A Proctoring Company Tried to Sue an Edtech Critic. He’s Fighting Back in Court.

Edsurge

In 2020, the digital proctoring company Proctorio brought a lawsuit against Ian Linkletter, who was then a learning technology specialist at the University of British Columbia. The videos, which had been posted by the company as “unlisted” on Youtube, described how Proctorio’s software works.

Company 170
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Science Interactive Group Acquires Another Company to Grow Its Lab Education Kits

Edsurge

In business, two companies may join to build a stronger foundation, winning new customers and offering more services to existing ones. At least, that’s the idea for Tim Loomer, CEO of science education holding company Science Interactive Group. The combined company expects to deliver about 150,000 kits in 2020.

Company 81
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Outschool Is In, Raising $45M to Beam Live, Small-Group Classes to Homes

Edsurge

But now, with much of regular schooling happening in homes, the company has seen a dramatic expansion of its audience. To date, the company has raised $55 million. In the edtech industry, venture capital flows where business grows, and that’s been the case for the San Francisco-based company.

Groups 171
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Public Edtech Companies Have Been Rare. These SPACs Will Change That.

Edsurge

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.

Company 159
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National Lexile Study Shows Accelerated Reading Growth Across Ethnic Groups

eSchool News

The study found that some 800,000 students in grades 2-12 who were active in Achieve3000 Literacy from 2020-2021 achieved nearly two times their expected reading gains. Other key findings from the study: Highly engaged learners in specific student population groups attained at least 3X their expected reading growth. and four U.S.

Study 94
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McGraw Hill Acquires Kidaptive, an Adaptive and Personalized Learning Company

eSchool News

an adaptive learning platform company with industry-leading expertise in learning science, early learning, and data analytics worldwide. Smith, who joined the company in November 2020. McGraw Hill today announced that it has acquired Kidaptive, Inc., All Kidaptive employees will be joining McGraw Hill following the acquisition.