Tag: education
ErudiFi raises $5 million Series A to give students in Southeast Asia more education financing options
Based in Singapore, ErudiFi wants to help more students in Southeast Asia stay in school by giving them affordable financing options. The startup announced today it has raised a $5 million Series A, co-led by Monk’s Hill Ventures and Qualgro. ErudiFi currently works with more than 50 universities and vocational…
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Miami edtech startup Nearpod acquired by Renaissance
Nearpod, the Miami-based edtech company, is being acquired by Renaissance Holding Corp., a group that develops education technology. While the deal hasn’t closed yet, Todd Brekhus, Chief Product Officer at Renaissance said in an interview this afternoon, “We have a definitive agreement signed by both parties.” The news of the…
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Leverage Edu raises $6.5 million to help Indian students land in top colleges abroad
Each year, millions of students in India rush to get an admission in universities abroad. Often they don’t know which program they should focus on, or the college that is right for their skillset and ambition. Scores of legacy and newfound firms are attempting to offer counselling to these students.…
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Pandemic-era growth and SPACs are helping edtech startups graduate early
Special purpose acquisition vehicles regained popularity in 2020 as an alternative way to take startups public, and now they are eyeing edtech companies. So far, Skillsoft has gone public through Churchill Capital, and Nerdy, parent company of Varsity Tutors, did the same through a reverse merger with TPG Pace Tech…
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Google to roll out slate of over 50 updates for Classroom, Meet and other online education tools
Google today introduced a suite of updates for its online education tools whose adoption and further development have been accelerated by the pandemic, including Google Classroom, Google Meet and the next generation of G Suite for Education, now rebranded as Google Workspace for Education. In total, Google is promising more…
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Goldman Sachs and Sesame Workshop pour money into this edtech firm’s newest fund
Shauntel Garvey and Jennifer Carolan liked edtech before the sector was cool, so the duo co-founded Reach Capital in 2015 with a $53 million debut fund. The San Francisco-based venture firm has since put checks into education startups including Newsela, Sketchy, ClassDojo and Outschool, landing six exits so far. Now,…
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