Edsurge

JANUARY 27, 2021

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. edtech startups raised $2.2

Company 154

Company EdTech Chegg Coursera 154

Edsurge

APRIL 6, 2022

While they’re both ostensibly working to make education as strong as possible, educators and edtech don’t always see eye to eye. Observers of the space, for instance, have long noted that teachers are often excluded from edtech procurement , as are higher ed faculty and staff. The companies note that they forbid cheating.)

EdTech 168

EdTech Chegg Company Education 168

Edsurge

MAY 16, 2018

Chegg announced today that it bought the Berkeley-based startup for about $15 million in an all-cash transaction. They started the company to solve a challenge that they both knew well: how to provide fast and actionable feedback to writing students. Even so, Ramirez described the edtech environment as “extremely challenging.”

Chegg 68

Chegg Tools Pearson EdTech 68

Edsurge

AUGUST 31, 2020

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. edtech companies raised over $800 million in the first half of 2020. The company has also invited them to freely share their course materials with peers.

Course 117

Course Chegg Coursera Company 117

Edsurge

JULY 30, 2018

These meetings, she says, inform how they interact with entrepreneurs. Investing is humbling because we inevitably miss out on or pass on companies that go on to achieve great success in realizing their mission. It brought over the companies from the Seed Fund into its portfolio as well, and re-invested in 14 of them.)

Blendspace 64

Blendspace Chegg Technology Education 64

Edsurge

MAY 30, 2018

Two years ago, the “college-alternative” company launched to glowing coverage on TV shows, raised $11.5 Fast Company, which broke the story , reported that the acquisition was an all-stock deal. WeWork’s founders invited MissionU’s executive team to meet on Feb. million in venture capital and worked with some 30 students.

Chegg 80

Chegg Company Industry Data 80

Edsurge

APRIL 17, 2019

But at an all-hands meeting at the company’s Washington, D.C. Some employees hoped the company could turn around and stayed on without pay. “We Planet3 found its biggest backer in Rob Roy, CEO of Las Vegas-area data center services company Switch, which invested $10 million in the company in 2015.

Education 78

Education Company Chegg Pearson 78