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Essential reading for education companies worldwide
Essential reading for education companies worldwide
LATEST FROM EDUCATIONINVESTOR GLOBAL
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Category: Americas

News

US: Chegg reports Q3 loss as R&D and marketing spend eats into margins

Online textbook retailer Chegg has reported a net loss of $37.1 million for the third ...
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Israel: Course Hero acquires mathematics ed tech Symbolab

Course Hero, an online learning platform for course-specific study resources based in California, has acquired ...
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US: REIT reports loss as demand for student housing dives

American Campus Communities, a publicly-traded real estate investment trust that invests in dormitory housing, has ...
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US: K12 Inc boosted by pandemic-driven profit and revenue increase

K12 Inc, an education company that sells online schooling and curricula for pre-K through to ...
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US: Music-training provider buys talent management company

The San Francisco Conservatory of Music (SFCM) is acquiring Opus 3 Artists, a management company ...
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US: Vista Equity Partners founder donates $50m to help black students

Robert F Smith, philanthropist and founder, chairman and chief executive of Vista Equity Partners, is ...
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US: HarbourVest invests in ed tech Finalsite

HarbourVest Partners, a private markets asset manager based in Boston, has acquired a significant minority ...
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US: Carnegie Learning changes hands in private equity takeover

Madison Dearborn Partners, a private equity firm based in Chicago, has acquired a majority stake ...
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US: Turnitin expands assessment offering with acquisition

Turnitin, an Oakland, California-based company that provides plagiarism detection technology and writing tools for the K12 ...
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US: Student housing operator acquires complex alongside private equity fund

Student housing owner-operator The Preiss Company (TPCO) and Crow Holdings Capital, a private equity fund, ...
News

US: Jacksonville Uni picks Balfour Beatty to build new basketball centre

Jacksonville University (JU) in Florida has appointed Balfour Beatty to construct its new Basketball Performance ...
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Canada: Maths-learning platform raises £13.5m in Series A

Mathematics learning platform Knowledgehook has raised £13.5 million in Series A equity funding, led by ...
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US: Text-message learning platform raises $1.9m in seed funding

Arist, a text-message learning platform, has raised $1.9m from Acadian Ventures, Global Founders Capital and ...
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US: Boston private equity firm buys higher education marketing consultant

Boston-based private equity firm New Heritage has invested in Carnegie Dartlet, which provides strategic marketing ...
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Dubai-based buyout group joins New York ed tech’s Series C

Dubai-based Amanat Holdings, the Gulf Cooperation Council’s largest education and healthcare investment company, has made ...
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Rosetta Stone acquired by Veritas Capital-owned Cambium Learning

Cambium Learning Group, a provider of digital education solutions and professional learning services, and a ...
2 weeks
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US: Venture capitalists pour $2.3m into Fiveable

Ed tech platform Fiveable has secured $2.3 million in funding led by BBG Ventures, with ...
News

Trump administration takes aim at China-run language-training centres

The Trump administration has prompted US universities to reconsider partnerships with cultural and language-tuition institutes ...
2 weeks
News

Skillsoft and Global Knowledge acquired in $1.5bn reverse merger

A special purpose acquisition company (SPAC) is acquiring recently bankrupted ed tech Skillsoft and IT ...
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Laureate announces another divestment and debt buyback, lifting share price

Private university operator Laureate Education has announced a deal to “transfer control” of its operations ...
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Exclusive: Coursera preparing for $3bn US listing within 12 months

Coursera aims to list its shares publicly within 12 months at a valuation of $3 ...
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US: P2P learning platform for senior citizens raises $10m

GetSetUp, an ed tech company focused on creating economic and learning opportunities for older adults, ...
2 weeks
News

US: Test-prep provider buys online assessment platform

USATestprep, backed by Serent Capital, has acquired Education Galaxy, an online assessment and intervention platform ...
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US: Artificial intelligence-powered Wikipedia competitor raises $14.5m

Golden, a San Francisco start-up that aims to map all human knowledge, has raised $14.5 ...
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US: Virtual high school secures $2.7m in seed funding

Sora, a virtual high school, has closed a $2.7 million seed funding round led by ...
3 weeks
k12
News

US: Liaison International acquires higher education CRM firm

Higher education admissions and enrolment company Liaison International has acquired customer relationship management company TargetX. ...
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US: Language-learning tool secures $3m in seed round

Online language learning tool Toucan has raised $3 million in seed funding led by GSV ...
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Exclusive: IT training firm instructs bankers to run sale worth north of €70m

Fast Lane, a German IT training provider with global operations, has been put up for ...
3 weeks
News

US: Empowerly raises $1.6m and launches college application tool

Empowerly, an ed tech start-up that helps students applying for college, has raised $1.6 million ...
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Canada: Ed tech’s founder injects $1m after previous project flopped

Vancouver-based Course Studio, a new online education start-up, has raised $1 million, led by ed ...
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US: Sunset Learning Institute acquires GigaWave Technologies

Sunset Learning Institute (SLI), which provides corporate and public sector IT training and education, has ...
3 weeks
News

Altitude Learning acquires itslearning’s US business

Altitude Learning, a San Francisco-based developer of educational software (formerly known as AltSchool), has acquired ...
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THE forges deal with Canadian ed tech unicorn ApplyBoard

Times Higher Education (THE), a data provider to universities, has forged a partnership with ApplyBoard, ...
News

US: Early learning company raises $50m

Begin, the company behind the early learning programme Homer has closed a $50 million Series ...
3 weeks
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China’s iHuman to IPO as scrutiny of US-listed Chinese firms intensifies

Chinese edutainment provider iHuman intends to raise $100 million in an initial public offering, a ...
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MDBriefcase acquires OncologyEducation

Toronto-based MDBriefcase Group, which provides online continuing medical education and professional development for healthcare providers, ...
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IBM gifts $100m to historically black colleges and universities

Computer giant IBM has announced its first IBM Quantum education and research initiative for historically ...
News

Wiley pays tribute to deceased board member

Global publishing company John Wiley & Sons has announced the death earlier this month of ...
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US: Income-share agreement company raises $1.25m

MentorWorks Education Capital, which offers income-share agreements and career development to college students, has raised ...
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US: Outschool raises $45m Series B funding

Outschool a San Francisco-based marketplace of live online classes has blogged that it has raised ...
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US: Basis Independent Schools expands to four New York City campuses

Private schools network Basis Independent Schools is expanding to four campuses in New York City, ...
1 month
k12
News

US: Online memory improvement start-up secures $30m

SketchyMedical, an online education company that teaches complex concepts through visual memory techniques, has received ...
1 month
News

US: Digital student yearbook start-up announces $1m seed funding

Hags, a start-up launched in the summer which has enabled tens of thousands of high ...
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US: Galaxy Next Generation to acquire Classroom Technology Solutions

Toccoa, Georgia-based Galaxy Next Generation, an interactive learning technology company, says it will acquire of ...
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Inspired Education to launch online school as route to new markets

Inspired Education, the premium private school operator, is launching an online school, as it moves ...
1 month
k12
News

Exclusive: ISP owner mulls multibillion-euro exit of global school group

Partners Group, owner of International Schools Partnership (ISP), is weighing a partial or full exit ...
1 month
k12
News

US: The Lind Partners invests $22m in Boxlight

Lind Global Macro Fund, LP, an investment fund managed by The Lind Partners, a New ...
News

Blackboard founder and early investors in Zoom launch education bolt-on

The founder of Blackboard, the virtual learning management system, has launched ClassEDU, which is designed ...
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US: College students home help firm secures $18m

Papa, which pairs older adults and families with college students for companionship and assistance with ...
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Willamette University in talks to take over struggling Oregon art college

Willamette University, a private college in Oregon, has announced plans to take over Pacific Northwest ...
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Canada: Edsby K12 digital learning platform completes $5.3m Series A

Edsby, a digital learning and data platform for K12 education, has completed a C$5.3 million ...
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Canada: ApplyBoard secures $55m in funding extension round

Online international student recruitment platform ApplyBoard has raised $55 million in a Series C extension ...
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US: Private equity-backed Carnegie Learning bolsters offering with $15m acquisition

Pittsburgh-based Carnegie Learning, which provides educational materials for maths and computer science, has bought Scientific ...
1 month
k12
News

Laureate makes third divestment in under a week, offloading Brazilian portfolio for $724m

Laureate Education is to sell its Brazilian portfolio to Ser Educacional S.A. for $724 million, ...
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US: Wiley announces first-quarter profit

Global publishing company John Wiley & Sons has reported net income of $16.3 million for ...
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US: Owl Ventures raises $585m war chest to bankroll global ed tech expansion

Owl Ventures, the venture capital firm that has backed ed tech unicorns Byju’s and Quizlet, ...
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Wilsey named Portage Learning’s vice-president of academic affairs

Online learning company Portage Learning and NursingABC has appointed Stephanie Wilsey as vice-president of academic ...
2 months
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US: Course Hero raises $70m

Course Hero has raised  $70 million in a Series B extension round. The round now ...
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NorthAmerica: Top Hat acquires US higher ed publisher

Top Hat, a higher education learning platform based in Toronto, has acquired Minneapolis, Minnesota-headquartered Bluedoor, ...
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US: Anthology appoints three new independent board members

Higher education software provider Anthology has appointed three new independent members. Boca Raton, Florida-based Anthology, ...
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US: Juni Learning raises $10.5m in Series A

Juni Learning, a digital education platform offering live online instructors, has announced it closed $10.5 ...
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Views from the top: Study Group-owned Insendi triples user numbers as online becomes ‘core part’ of HE, says CEO

This article is a part of a new series in which this publication extracts insights ...
2 months
News

US: New president and chief executive for DeVry University

For-profit DeVry University has appointed Thomas L Monahan III (pictured) as its new president and ...
2 months
News

US: Nautic Partners forms education-focused facility services company

Middle-market private equity firm Nautic Partners has formed HES Facilities in partnership with management to ...
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Brazil: Billionaire-backed K12 group explores IPO to fund expansion

Eleva Educação SA, a Brazilian school group, is in talks with investment banks in the ...
2 months
k12
News

US: Adtalem reports annual loss

Global education provider Adtalem Global Education has reported a net loss of $85.3 million for ...
2 months
News

US: Violin-teaching app raises $3.5m

Trala, a Chicago-based violin teaching app, has raised $3.5 million in seed funding in a ...
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US: Boxlight reports loss

Boxlight Corporation, a Nasdaq-listed provider of technology solutions to education companies, has reported a second-quarter ...
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US: General Assembly appoints chief executive to succeed founder

Education company General Assembly has appointed Lisa Lewin (pictured) to succeed co-founder and chief executive ...
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US: Losses up and revenue down at Scientific Learning Corporation

Scientific Learning Corporation a software-as-a-service provider that delivers neuroscience-based educational technologies, has announced a second-quarter ...
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US: Nelnet’s reports strong quarterly income

Nelnet, the US conglomerate that deals in the administration and repayment of student loans and ...
3 months
News

US: Student pairing platform raises $2m

GoPeer, an educational technology company that pairs vetted college students with K12 pupils for virtual ...
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US: Quizlet announces top-level appointments

San Francisco-based global learning platform Quizlet has appointed Shannon Brayton to its board of directors ...
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US: Zovio announces profit

Post-secondary education services provider Zovio has reported second-quarter 2019 net income of $5.1 million, compared ...
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US: Profits slide at school bus manufacturer

Blue Bird Corporation, the independent designer and manufacturer of school buses, announced net income of ...
3 months
k12
News

US: Bright Horizons acquires childcare website

Bright Horizons has acquired Sittercity, an online marketplace connecting families and caregivers. Chicago-based Sittercity created ...
3 months
News

US: K12 Inc reports annual profit

K12 Inc, an education company that sells online schooling and curricula for pre-K through to ...
3 months
k12
News

US: Skillshare raises $66m in Series D funding

Skillshare, an online learning community for creative subjects, has raised $66 million in a funding ...
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US: American Public Education announces profit

American Public Education has reported second-quarter 2020 net income of $6.7 million, up from net ...
3 months
News

US: Perdoceo reports increased profit

For-profit post-secondary higher education provider Perdoceo, formerly known as Career Education Corporation, has reported second-quarter ...
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US: Profit slips at Horace Mann

Educational financial services, life assurance and pensions company Horace Mann Educators Corporation has reported second-quarter ...
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US: Losses for Rosetta Stone

Rosetta Stone, the education technology software company, has announced a second-quarter 2020 net loss of ...
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US: Bright Horizons battered by Covid-19

Childcare and early education group Bright Horizons Family Solutions has reported net income of just ...
3 months
News

US: Springboard secures $31m in Series B funding

Springboard, a mentor-guided online learning platform that prepares people for in-demand careers, has raised $31 ...
3 months
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US: Education slump causes profit dip for Graham Holdings

Graham Holdings, the diversified conglomerate that owns education services company Kaplan, has announced net income ...
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US: Strategic Education announces public offering of common stock

Strategic Education has commenced an underwritten registered public offering of $175 million of shares of ...
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US: Houghton Mifflin Harcourt reports losses

Global publishing and learning firm Houghton Mifflin Harcourt (HMH) has reported a net loss of ...
News

US: Laureate Education announces second-quarter loss

For-profit universities and colleges group Laureate Education has announced a second-quarter 2020 net loss of ...
3 months
News

US: Coronavirus-induced school closures force carpool app to wind down

GoKid, an app enabling families in the same area to arrange carpools, is shutting down ...
News

US: Chegg moves into profit

Online textbook retailer Chegg has reported net income of $10.6 million for the second quarter of ...
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US: Surge closes investment in All About Learning Press

Dallas-based private equity firm Surge Private Equity has closed an investment into All About Learning ...
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US: Grand Canyon Education profit slips

Education services company Grand Canyon Education has reported net income of $47 million for the ...
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US: Synovus gifts $1m for black students

Synovus Financial Corp, a financial services company based in Columbus, Georgia, has gifted $1 million ...
3 months
News

US: Chegg appoints general counsel

Online textbook retailer Chegg has appointed Woodie Dixon Jr (pictured) as general counsel effective 8 ...
3 months
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US: Ed tech 2U widens losses

Education technology company 2U has reported a net loss of $66.2 million for the second ...
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US: Strategic Education reports strong profit growth

Working adult education company Strategic Education Inc (SEI), which owns for-profit online Strayer University and ...
3 months
News

US: $1m scholarship endowment for black law students

The Rosalie and Harold Rae Brown Charitable Foundation has gifted $1 million to the University ...
3 months
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US: Boxlight announces pricing of $30m public offering of common stock

Boxlight Corporation, which provides interactive technology solutions for the global education market, has announced the ...
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US: Cybersecurity training firm raises $16m

RangeForce, the cloud-based cybersecurity training firm, has raised $16 million in a Series A round ...
3 months
News

US: Education value company raises $7.6m

AstrumU, a Seattle-based start-up has raised $7.6 million in a funding round led by Kingdom ...
3 months

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