Chegg Company EdTech Strategy 
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
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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Edsurge
NOVEMBER 12, 2019
Back in 2014, more competition from Amazon had led the Santa Clara, Calif-based Chegg to a deal with book distributor Ingram Content Group. Ingram bought Chegg’s textbook inventory to sell and distribute, and the companies shared the revenues. The Ingram deal was framed as part of Chegg’s strategy to 100 percent digital revenue.
Edsurge
JULY 24, 2017
edtech companies last year, the dollars returned with a fury during the first six months of 2017. edtech startups is already at 88 percent of the total in 2016 ( which was $1 billion ). Several private-equity-backed companies have invested heavily in the “platform” approach. According to our tally, there were 58 U.S.
Edsurge
MAY 13, 2020
Instead, the edtech investment firm is helping to launch a new online MBA program focused on entrepreneurship. If we do this right, not only should GSV have a strategy in investing in these companies, we hope other investors see the value of the students coming out of there and are attracted to it as well,” Moe says.
Edsurge
SEPTEMBER 25, 2019
To support that effort, the startup has raised $1 million in a seed round from a group of investors that include Metallavon VC, an early-stage investment fund based in Greece, and LearnStart, the seed fund affiliated with edtech investment firm Learn Capital. The company also earns revenue from each client project.
Edsurge
JULY 30, 2018
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.) In total, this first fund supported 35 investments. Yet not all investments pan out.
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