Bigger Deals, Bigger Bets: EdTech Venture Funding Trends Continue in 2018

EdNews Daily

The key difference in the past few years, however, has been larger funding rounds and valuations across a fewer number of EdTech companies. EdTech unicorns, companies that have reached billion-dollar valuations prior to an IPO, are prominent in the United States and also China.

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Ka’Ching! 2016 US Edtech Funding Totals $1 Billion

Edsurge

edtech companies, which altogether raised an estimated $1.03 edtech companies raised roughly 57 percent of what Snapchat did in its $1.8 In this annual analysis, EdSurge counts all investments in technology companies whose primary purpose is to improve learning outcomes for all learners, regardless of age. edtech startups have increased every consecutive year. The market uncertainty has led some high-profile companies to hit pause on bigger plans.

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Global Investors Launch New Edtech Funds: Exceed Capital and HighGrade Ventures

Edsurge

Exceed will focus on making investments for companies in the “growth equity” stages, says Hu, which generally translates to those that have enough traction and revenue to raise Series B rounds and beyond. The group will invest up to $20 million initially in each company, with additional capital reserved if subsequent rounds are raised. Others CEOs on the advisory board include Chip Paucek (2U), Tom Davidson (EVERFI) and Dennis Yang (former chief of Udemy).

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Can a Subscription Model Work for Online Learners and Teachers? Skillshare Just Raised $28M to Find Out

Edsurge

Investors who are fond of analogies and comparisons to consumer technology successes are betting on one New York City-based company to find out. A couple years later, the company pivoted to becoming a subscription model for online courses, which today cover topics ranging from arts and design to business, technology and everyday hobbies for adult learners. The company claims that the average Skillshare teacher makes about $3,000 a year, with top earners raking in as much as $40,000.

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‘Faculty Information System’ Developer, Interfolio Acquired for $110M+

Edsurge

And the idea has caught the attention of investors: Insight Venture Partners is slated to acquire the DC company for more than $110 million, the Washington Business Journal reports. The company also offers a subscription-based job search and application tool called Dossier where faculty can search for job openings, grants, store letters of recommendation and other. Insight, which is headquartered in New York, has invested in at least 300 companies around the globe.

Why We Don't Need a 'Netflix for Education'

Edsurge

If the views expressed by leading edtech companies are any indication, the race to become the first 'Netflix of Education' is gathering steam. Comments from both established learning companies like McGraw-Hill , as well as more recent entrants like D2L and Udemy , reveal a strong push among edtech companies seeking to position themselves as "education's answer to Netflix." Education Technology Market Trends Edtech Business

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The Business of 'Ed-Tech Trends'

Hack Education

When I first started working as a tech reporter, I assumed – naively – that venture capitalists were smart people who did thorough research before funding a company. I assumed that they looked to see if the company could do what it promised – financially, technologically. Its founder, Elizabeth Holmes, dropped out of Stanford to start the company when she was just 19. The companies that raised the most money this year: BYJU’s (tutoring): $540 million.

Saddle Up for Silicon Slopes! Our Guide to the 2017 ASU+GSV Summit

Edsurge

The region boasts an unusual concentration of highly-valued tech startups—Domo, Qualtrics and Inside Sales are among them—along with big education companies, including Instructure, the developer of the Canvas learning management system. Luminaries in the edtech industry, including Richard Culatta (ISTE CEO and former director of the Office of Educational Technology at the U.S. Missionaries also hone a valuable skill for any tech company looking to grow: communication.

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?The Future of Online Learning Is Offline: What Strava Can Teach Digital Course Designers

Edsurge

Quickly I found that even as I logged runs on Strava daily, I struggled to find the time to log into platforms like Coursera, Udemy or Udacity to finish courses produced by my fellow instructional designers. A few companies are heading that way. Beyond Strava, the edtech field can also take a page from the other countless digital apps that connect an online experience to an offline one.

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Hack Education Weekly News

Hack Education

Lots of reporting on various court filings in the Trump University case, particularly those about the company’s “ playbooks ” detailing how former employees sold its course packages, targeting vulnerable populations. ” Via The Baltimore Sun : “Company says it can predict whether a teacher will be good – before entering a classroom.” Via Edsurge : “Three Rookie Mistakes That Edtech Entrepreneurs Make.” Education Politics.

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Hack Education Weekly News

Hack Education

Via Inverse : “ Udemy ’s Exodus, Amazon ’s Gain. Steve Dembo recently announced that he’s leaving the company after 10+ years. ” Spoiler alert: loan companies like Sallie Mae , companies that do loan collection for the Department of Education, the Department of Education, private equity funds, for-profit universities. One company not using Amazon to run its computing infrastructure: Blackboard. edtech https://t.co/DOo11lof2f

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Hack Education Weekly News

Hack Education

” Via The New York Times : “DeVos Abandons Plan to Allow One Company to Service Federal Student Loans.” Buzzfeed’s Molly Hensley-Clancy looks at the acquisition of EDMC – the parent company of the Art Institutes chain – by The Dream Center Foundation , a network of Christian missionary centers. ” Not sure why these are the four, but there you go: Udemy , Lynda , Coursera , and Skillshare. (National) Education Politics.