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Why I'm Still Bullish About the State of Edtech

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In the next few days, thousands of edtech entrepreneurs, investors, educators and policymakers will flood a hotel in San Diego to attend the Mecca of Education Innovation Optimism known as ASU GSV. So now is the perfect time to reflect on the state of edtech. Today’s K12 educators are more digitally native than ever before.

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Earnings Roundup: How Public Edtech Companies Fared Following the Outbreak

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For instance, education companies that rely on corporate customers may take a hit, as those clients look to cut costs. While COVID-19 hit at the tail end of the first quarter, some publicly traded education companies already reported an impact on their Q1 2020 earnings. Chegg The bottom line: Chegg’s first quarter delighted investors.

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The Post-Pandemic Outlook for Edtech

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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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Codecademy, an Early (and Now Profitable) Pioneer of Coding Education, Raises $40M in New Funding

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Money has flowed into the edtech sector over the last twelve months. Unlike other edtech startups seemingly on the fast track to big checks, Codecademy has been in the business for over a decade. But the New York-based company had already served 45 million students in more than 190 countries before the pandemic hit. “We

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Byju’s Becomes an Edtech ‘Decacorn’ After Fundraise from Mary Meeker’s Bond Capital

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That’s the industry lingo for companies valued at $10 billion or more. It’s an ultra-exclusive club of two dozen companies across the world, according to CB Insights. Byju’s is the newest member—thanks to an investment from technology investment firm Bond, which values the company at $10.5 billion.

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More Big Bucks for Tutoring Companies: Varsity Tutors Raises $50M in Series C Funding

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In the heartland of America, one company is raising big bucks in a bid to capture this lucrative market. Louis-based company’s $50 million Series B round, which closed in November 2015. Already boasting 4,000 tutors covering 1,000 subjects, the company is on the hunt for more teachers.

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EdSurge HigherEd Year in Review: Our Top Higher Education Stories of 2018

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That’s why we’ve also highlighted a few here that we don’t want you to miss, from complicated community college turnarounds to where IKEA and edtech overlap. Cheating on Chegg? How the Company Aims to Catch Tutoring Requests That Go Too Far. Here’s a look at how the education company is responding. Are You Still There?

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