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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 154
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Course Hero Adds $70 Million to Series B Fundraise

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When Course Hero raised $10 million in early February, the amount seemed curiously small for $1.1 As it turns out, the company wasn’t done fundraising. The deal pushes the company’s Series B round to $80 million. (It Capitalizing on increased usage seems to be the formula among edtech companies seeking new money this year.

Course 117
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How Merger of Two Textbook Giants Could Impact Course Materials

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That appears to be the hope of officials at the two companies, which have both been trying for years to shift the focus of their businesses from selling print books to shipping software and other online tools, and have recently been experimenting with subscription models. Only about 20 percent of courses in the U.S.

Course 145
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Why I'm Still Bullish About the State of Edtech

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This year’s 1 3th edition will swamp San Diego’s waterfront for four days and feature 1,000 speakers, including Thomas Friedman and Margaret Atwood, plus the buzziest for-profit companies in our industry. based education and workforce technology companies, together amounting to more than $150 billion in market capitalization.

EdTech 182
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With No Study Buddies, More College Students Turn to Cheating

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Joseph Ching, a junior at Purdue University, says many of his professors have warned students not to use sites like Chegg, where students are posting homework and quiz questions and getting answers from tutors. I reached out to Chegg, and sure enough, business there is booming. Students pay for a subscription of $14.99

Chegg 144
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Some Professors Fight Study-Help Sites. Other Professors Now Use Them.

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Labazzo stumbled upon the Course Hero website when she was preparing to teach a big undergraduate course for the first time. I found some quizzes and tests,” she said, noting that plenty of those materials and PowerPoint slides from other professors were easily found on Course Hero about the subject she was teaching, biomaterials.

Study 97
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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 161