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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 159
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Earnings Roundup: How Public Edtech Companies Fared Following the Outbreak

Edsurge

But not all sectors of the market follow that rule, says Jeff Silber, a managing director at BMO Capital Markets who follows the education industry. For instance, education companies that rely on corporate customers may take a hit, as those clients look to cut costs. Chegg The bottom line: Chegg’s first quarter delighted investors.

Company 112
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Why I'm Still Bullish About the State of Edtech

Edsurge

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. It’s hard to remember now, but many industry colleagues felt edtech was a frothy market in 2017. NYSE: PWSC), Duolingo, Inc.

EdTech 184
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Codecademy, an Early (and Now Profitable) Pioneer of Coding Education, Raises $40M in New Funding

Edsurge

Founded in 2011, the New York-based company has built a hugely popular training platform that has helped millions of students learn to code over the last decade. But the New York-based company had already served 45 million students in more than 190 countries before the pandemic hit. “We A sample project in Codecademy.

Chegg 156
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Byju’s Becomes an Edtech ‘Decacorn’ After Fundraise from Mary Meeker’s Bond Capital

Edsurge

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

EdTech 133
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Top Trends Higher Education Textbook Publishers Must Follow

Kitaboo on EdTech

Big names in the publishing industry like Cengage and Pearsons have already moved to digital publishing and have built their loyal customer base. For those who are newly exploring the digital market, keeping up with the trends which change rapidly is difficult. Today, a lot of companies offer subscription-based services.

Trends 97
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The Post-Pandemic Outlook for Edtech

Edsurge

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.

EdTech 188