Category: edtech
Kahoot acquires Clever, the US-based edtech portal, for up to $500M
Kahoot, the popular Oslo-based edtech company that has built a big business out of gamifiying education and creating a platform for users to build their own learning games, is making an acquisition to double down on K-12 education and its opportunities to grow in the U.S. It is acquiring Clever,…
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What the MasterClass effect means for edtech
MasterClass, which sells a subscription to celebrity-taught classes, sits on the cusp of entertainment and education. It offers virtual, yet aspirational learning: an online tennis class with Serena Williams, a cooking session with Gordon Ramsay. While there’s the off chance that an instructor might actually talk to you — it…
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Indonesian edtech CoLearn gets $10M Series A led by Alpha Wave Incubation and GSV Ventures
A Zoom screenshot with CoLearn’s founding team: Marc Irawan, Abhay Saboo and Sandeep Devaram Indonesian startup CoLearn started as a chain of physical tutoring centers and was in the process of shifting to a hybrid offline-online model when the COVID-19 pandemic hit. The team sensed that remote learning would permanently…
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Nonobvious acquisitions are on my 2021 bingo board
At the end of 2020, I argued that edtech needs to think bigger in order to stay relevant after the pandemic. I urged founders to think less about how to bundle and unbundle lecture experience, and more about how to replace outdated systems and methods with new, tech-powered solutions. In…
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This new startup is weeding out the weed-out classes, instead of students
Five years ago, entrepreneur Dan Sommer bet big on the adult learning space when he was building out Trilogy Education, an online and in-person bootcamp in collaboration with universities to train workforces on the latest tech skills. In 2019, Sommer sold that company for $750 million to 2U in one…
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A first look at Coursera’s S-1 filing
After TechCrunch broke the news yesterday that Coursera was planning to file its S-1 today, the edtech company officially dropped the document Friday evening. Coursera was last valued at $2.4 billion by the private markets, when it most recently raised a Series F round in October 2020 that was worth…
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