Udemy, an Online Course Platform Where Anyone Can Teach, Keeps Raising Money. What's Next?

Edsurge

Udemy has become one of the best-funded companies in edtech, having raised another $80 million earlier this year, bringing its total raised to nearly $300 million. Those were some questions we brought to Udemy’s CEO, Gregg Coccari, in a recent interview.

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Duolingo Just Raised $35M. Udemy Got $50M. Both Are Valued Billions More.

Edsurge

Two of the fastest growing and most highly valued education technology companies are going down the alphabet as they raise subsequent rounds at higher and higher valuations. This latest investment gives the Pittsburgh-based company a valuation of $2.4 based edtech investment firm.

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

Edsurge

Publicly traded education technology companies are rare. 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. edtech startups raised $2.2

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Edtech startup Shikho raises $1.3m to expand Bangladesh operations

AsiaTechDaily

Register Shikho , a Bangladesh-based education technology (edtech) startup , announced raising $1.3 The post Edtech startup Shikho raises $1.3m EdTech Featured ShikhoBookmark( 0 ) Please login to bookmark. Username or Email Address. Password. Remember Me. No account yet?

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Crises and Capital: The Top Edtech Business Stories of 2020

Edsurge

Here is a recap of the biggest and most popular edtech business stories of 2020. It may not be the only publicly traded edtech company to be taken private. Dozens of Venture-Backed Startups Among Edtech Recipients of PPP Loans. Udemy Got $50M.

A Record Year Amid a Pandemic: US Edtech Raises $2.2 Billion in 2020

Edsurge

billion in venture and private equity capital across 130 deals, according to the EdSurge edtech funding database. edtech industry. Edtech investing exploded in 2020. In the big picture, the surge of capital in the edtech industry is not an anomaly.

Genially Wins EdTech Digest Award for Best Presentation Tool 2021

eSchool News

Genially has been named winner of the EdTech Digest Awards in the Best Presentation “Cool Tool” category. This is the largest and most competitive edtech awards program in the United States recognizing innovation and trendsetters in the education industry.

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US Edtech Raises $803M in First Half of 2020 As COVID-19 Forces Learning Online

Edsurge

With COVID-19 jeopardizing in-school learning, we expect the widespread adoption of edtech software to continue, and this is not a short-term trend,” says Jeff Lieberman, a managing director at Insight Partners, a private equity firm that has backed nearly two dozen education companies.

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. For those EdTech companies that cannot access funds, or simply do not wish to raise large sums of venture capital money, their ability to maintain a first-mover advantage, or reach cash-flow positive without capital constraint, could be jeopardized by the presence of well-funded rivals. By Jon Thomas and Spencer Wu.

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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. Just in February, the Bengaluru-based company raised $200 million from existing investor General Atlantic.

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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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The Past Decade Forecasts a New Wave of Economic Opportunity in Education

Edsurge

From 2008 to 2019 we have witnessed a 4,000-plus percent expansion in the number of funded edtech startups, and the best startups can become unicorns. Unicorns such as Coursera, Udemy, Varsity Tutors and VIPKid led the way with innovative solutions.

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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.

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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Outschool Is In, Raising $45M to Beam Live, Small-Group Classes to Homes

Edsurge

But now, with much of regular schooling happening in homes, the company has seen a dramatic expansion of its audience. To date, the company has raised $55 million. The company doesn’t keep all that money. Many other companies have created marketplaces for online courses.

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Quizlet Just Raised $30M at a $1 Billion Valuation. But Don’t Call It a Unicorn.

Edsurge

Unicorns don’t exist, except as an analogy for private companies supposedly worth at least $1 billion. But Glotzbach’s point is that camels are hardy and steady—just as he hopes his company can be. Recent US edtech “unicorns”. Udemy ( $2B ).

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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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?Filling the Other Skills Gap

Edsurge

And in the market of companies tackling the infamous employment gap between willing workers and open jobs, this maxim appears correct. The collection of edtech companies aimed at prepping educated, but still underprepared workers represents a virtual stampede of unicorns. The likes of Coursera, Udacity, Udemy, MasterClass, Lynda, and Pluralsight have together raised more than $1 billion and represent combined enterprise value of more than $5 billion.

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Seven Ways Teachers Can Earn Extra Income By Building Their EDU Brands Online

TeacherCast

Udemy. Many years ago, I created my first online course on Udemy (pronounced YOU-da-ME) and I couldn't believe how easy it was. If there is one thing that the last few years have taught me, it's that if you look around your local community, you can probably find a small business that is looking to get their company online. Are you looking to turn your thoughts and ideas into income-generating activities to support your family? You have come to the right place.

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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.

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.

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 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.

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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