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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. A small but mighty movement was building – and it needed time to grow.

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

Edsurge

But 2U wasn’t the only edtech player to get Wall Street talking. Here’s how the other edtech companies that went public earlier this decade fared. Chegg The numbers: For the second quarter, ended June 30, Chegg reported an adjusted EBITDA of $31.1 Chegg now has about $1.1 -based company tumbling to historic lows.

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Automated Proctoring Swept In During Pandemic. It’s Likely to Stick Around, Despite Concerns

Edsurge

And some analysts watching the edtech space expect colleges to continue to sign up for the services to make them an option for professors to use. The story with a lot of edtech is that the pandemic catalyzed a lot of growth, and the adoption holds even once ground-based [teaching] goes back.” The Practice May Be Here to Stay." “As

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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 164
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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.

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

Edsurge

Bond was founded by Mary Meeker, a former partner at Kleiner Perkins whose annual “Internet Trends” reports have become a must-read for the technology industry. Education industry analysts say that trend is emerging in the U.S. Big checks have become a pattern for Byju’s, whose fundraising amounts and frequency have been staggering.

EdTech 108
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Codecademy, an Early (and Now Profitable) Pioneer of Coding Education, Raises $40M in New Funding

Edsurge

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. The deal with Owl Ventures, one of the largest edtech-focused venture funds , appears to tick all of these boxes.

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