Remove Chegg Remove Digital Learning Remove EdTech Remove Education
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. But as a point of reference: Google did not yet exist.

EdTech 182
article thumbnail

Edtech Earnings Roundup: How 2U, Chegg, Instructure and Pluralsight Fared in Q2 2019

Edsurge

The latest quarterly earnings for publicly traded education technology companies was especially rough for 2U , which revised its loss guidance for the year and stated that it expected enrollment challenges to its core business of running online graduate programs with universities. Chegg now has about $1.1 at close of Aug. What’s next?

Chegg 88
Insiders

Sign Up for our Newsletter

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

article thumbnail

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. Those funds will be used to purchase a privately held education company, which will then become public as a result of the transaction.

Company 154
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 161
article thumbnail

Course Hero Adds $70 Million to Series B Fundraise

Edsurge

And as college campuses closed and instructors scrambled to facilitate online instruction, digital education providers like Course Hero saw a surge in usage of its services. Capitalizing on increased usage seems to be the formula among edtech companies seeking new money this year. According to the EdSurge database, U.S.

Course 117
article thumbnail

Top Trends Higher Education Textbook Publishers Must Follow

Kitaboo on EdTech

The state of the US higher education market looks slightly subdued on account of the fact that the government has reduced funding for higher education. billion cut in funding for the education department, compared to a 10% decrease in 2019. In order to offer the latest and updated course material to higher education students.

Trends 97
article thumbnail

In Move to ‘Unlimited’ Pricing Model, Cengage Hopes for a Comeback

Edsurge

Over the last 10 years or so, the majority of the acquisition activity for smaller edtech startups came from the big textbook companies. But now that we have built an ecosystem of millions of subscribers, it is much easier to filter out which edtech startups actually add value to that ecosystem. I think Chegg is doing well in that.

Chegg 97