article thumbnail

Public Edtech Companies Have Been Rare. These SPACs Will Change That.

Edsurge

That leaves 2U, Chegg and Stride (formerly known as K12 Inc.) as the remaining trio of prominent edtech companies on the U.S. He was an early investor in Chegg, which went public in 2013 and whose stock more than doubled in 2020. edtech startups raised $2.2 Adit EdTech Acquisition Corp., public market.

Company 156
article thumbnail

The Post-Pandemic Outlook for Edtech

Edsurge

Soon, schools would be inundated with sales pitches from edtech companies, and it didn’t take long before they started pushing back against those that seemed predatory. For the edtech industry, the pandemic poses a paradox. Yet this reality seems not to have dampened investor enthusiasm for private edtech companies.

EdTech 183
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why I'm Still Bullish About the State of Edtech

Edsurge

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. NYSE: INST), Coursera, Inc. Here’s why 2021 was a banner year for U.S.

EdTech 186
article thumbnail

Duolingo IPO Shows Investors Think Edtech Is Still Growing.

Edsurge

It’s got an effective mobile app that really changes the context in how people access language, a critical mass in consumer interest in learning applications and since the pandemic hit, it put edtech into the minds of investors as a real investable category,” says Trace Urdan, an edtech analyst and managing director at Tyton Partners.

EdTech 164
article thumbnail

Fueled by Big Rounds, Edtech Funding Surges to $887M in First Half of 2017

Edsurge

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 ). Now “Sand Hill is waiting to see the outcome of some of their previous edtech investments,” says Shauntel Poulson, a general partner at Reach Capital.

EdTech 95
article thumbnail

Course Hero Adds $70 Million to Series B Fundraise

Edsurge

Capitalizing on increased usage seems to be the formula among edtech companies seeking new money this year. Companies like Coursera, which helps universities build and access online courses, have ridden the momentum from new registrations to secure a $130 million investment in July. According to the EdSurge database, U.S.

Course 120
article thumbnail

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

Edsurge

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? It’s no surprise that students would ask for help on platforms like Chegg, which offer digital textbooks as well as tutoring and homework help.

MOOC 119