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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: Ed Tech and Educational Services

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Brazil: Arco Platform reports narrowing losses and increased revenue

Arco Platform, an educational software company that offers technology, services, and content from kindergarten to ...
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Hungary: Early learning start-up Bookr Kids raises €4m in funding

Early learning reading company Bookr Kids has raised €2 million in new funding and a ...
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US: Frontline Education acquires K12 software provider in Texas

Malvern, Pensylvania-headquartered Frontline Education, a provider of K12 school administration software, has acquired Texas-based K12 ...
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US: Achieve3000 acquires teachers’ professional development platform

Blended learning literacy platform Achieve3000 has acquired Teachonomy, a platform providing professional development for teachers.
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US: EducationDynamics acquires higher education portal

Higher education marketing and enrolment management services company EducationDynamics has acquired higher education portal ClassesUSA ...
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India: Unacademy Group raises finance from Tiger Global and Dragoneer

Bengaluru-based learning platform Unacademy has raised an investment round from Tiger Global Management and Dragoneer ...
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US: Symphony Technology Group acquires educational video platform

Palo Alto-based private equity firm Symphony Technology Group (STG) has acquired Warpwire, an educational video ...
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India: Stones2Milestones secures $2.5m and acquires MultiStory Learning

Delhi-based Stones2Milestones has closed a bridge round of $2.5 million and then acquired MultiStory Learning, ...
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India: Byju’s raises $200m in new funding

Bengaluru-based ed tech decacorn Byju's has closed a $200 million round of funding.
3 days
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Ukraine: AllRight raises $5m to develop online English lessons

AllRight, a Ukrainian cross-platform online English school for children, has raised $5 million in a ...
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India: upGrad acquires test preparation company The Gate Academy

Mumbai-based ed tech upGrad has acquired test preparation firm The Gate Academy for an undisclosed ...
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Estonia: Kahoot! acquires language-learning platform for $31m

Oslo-based learning platform company Kahoot! has acquired the Drops language learning platform, headquartered in the ...
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US: Duolingo raises $35m in Series H

Language-learning platform Duolingo has raised $35 million in a Series H funding round from Durable ...
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US: Noodle acquires online programme manager

New York-based Noodle, which helps US universities create online and hybrid programmes, has acquired online ...
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UK: Online Education Services acquires majority stake in learning design company

Australia’s Online Education Services (OES) has acquired a majority stake in London-based online learning design ...
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UK: Juniper buys data analytics firm Sisra in fifth acquisition this year

Juniper Education today announced the acquisition of Sisra, which provides secondary schools, academies and trusts ...
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US: Encantos raises $3.2m and makes two senior hires

Ed tech company Encantos, which helps children learn through digital and physical play, has closed ...
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US: Udemy raises $50m in Series F financing at $3.25bn valuation

San Francisco-based online education company Udemy has raised $50 million at a $3.25 billion pre-money ...
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Exclusive: FPE Capital instructs bank to sell online assessment platform

Private equity house FPE Capital has hired bankers to sell its stake in Questionmark, the ...
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China: Ed tech firm looks to raise $100m in US flotation

Beijing-based ed tech company 17 Education and Technology is seeking to raise $100 million in ...
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US: Boxlight’s losses widen as revenue contracts

Boxlight Corporation, which provides technology solutions to education companies, has reported a third-quarter 2020 net ...
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US: University of Arizona acquires online institution from Zovio

Independent non-profit Arizona corporation, The University of Arizona Global Campus, is acquiring online institution Ashford ...
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US: Newly merged tech trio acquires software provider

Higher education solutions provider Anthology has acquired xRM.com’s Foundation and Matching software solutions – Anthology’s ...
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India: NSE Academy acquires majority stake in deep tech education firm

Ed tech company NSE Academy today acquired deep tech education firm TalentSprint,
2 weeks
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US: Cengage pivots to profit as revenue declines

Ed tech company Cengage has announced net income of $21.6 million for the second quarter ...
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UK: ‘Spotify for textbooks’ close to landing multimillion-pound funding

London-based ed tech start-up Perlego is close to raising a multimillion pound funding round led ...
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Australia: Education booking platform acquires agency-management software provider

Edvisor a Vancouver-based booking platform for education agencies has acquired EducationLink which provides education software ...
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US: Education software companies merge

Wilmington, North Carolina-based EMS Linq, which provides administrative software for K12 departments, districts and states, ...
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Canada: Docebo narrows losses as share price climbs 220% YTD

Toronto-based software-as-a-service learning management system Docebo has announced a net loss of US$1.2 million.
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China: ATA Creativity Global announces profit and increased enrolment

ATA Creativity Global, the Beijing-based educational experiences and services company, has announced third-quarter 2020 net ...
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Australia: Byju’s tables unsolicited bid for 3P Learning, throwing agreed takeover into flux

3P Learning, the Australia-listed ed tech, has received a takeover offer from Indian online tutoring ...
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US: Cornerstone OnDemand reports widening losses against increased revenue

Cornerstone OnDemand, a global cloud-based learning and people development software company, has announced a net ...
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Singapore: Ed tech start-up LingoAce raises $6m led by Sequoia India

Chinese language learning platform LingoAce has raised $6 million in a Series A+ round led ...
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South Africa: St Stithians to launch online school with Valenture Institute

St Stithians, a South African private school, is partnering with native ed tech Valenture Institute ...
4 weeks
k12
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UK: Huddersfield student housing units expected to fetch £20m

A property magnate in Huddersfield, England, has put two student accommodation complexes up for sale ...
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US: Udacity secures $75m of debt after becoming ‘cash flow positive’

Udacity, the US-based online course provider, has taken on $75 million of debt from Hercules ...
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Italy: M&G to finance €62m student housing development

M&G Real Estate is bankrolling a €62.1 million student accommodation development in Bologna, Italy, from ...
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US: New Spring Capital invests in online-learning platform

Venture capital firm New Spring Capital has invested an undisclosed amount into Skillshare, a New ...
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Kenya: Tech incubator buys digital content provider

iHub Kenya, a technology incubator and accelerator based in Nairobi owned by Co-creation Hub (CcHUB), ...
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UK: Educational suppliers drop £50m merger amid competition probe

Yorkshire Purchasing Organisation (YPO) has abandoned its proposed deal with Findel Education after the Competition ...
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US: Private equity-owned PowerSchool acquires school analytics provider

PowerSchool has acquired Hoonuit, a K12 analytics and data management company, which has been deployed by 12 ...
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US: Discovery Education acquires resource provider

Discovery Education, which provides curriculum-aligned digital resources and professional learning for primary and secondary schools, ...
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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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UK: Cambridge University Press to merge with Cambridge Assessment

Printing and publishing house Cambridge University Press is merging with Cambridge Assessment, which creates and ...
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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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UK: Online tutoring start-up raises £560,000 in over-subscribed round

London-based ed tech start-up Sophia Technologies says it has exceeded its £300,000 investment target – ...
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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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UK: UCAS acquires app to attract international postgraduate students

The UK’s university admissions service UCAS has acquired MO University Assistant, a multi-language mobile app ...
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China: Online growth boosts worlds largest listed education company

TAL Education Group, the Beijing-based after-school tuition provider, has reported net income of $15 million ...
1 month
k12
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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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Ireland: Summit Partners takes minority stake in LMS for $56m

Global growth equity firm Summit Partners has made a $56 million minority investment into LearnUpon, ...
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UK: Online ELT provider buys brick-and-mortar business

Online English-language school TopUp Learning has acquired Tti School of English in London, The Pie News has ...
1 month
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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, ...
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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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AnaCap Financial Partners enters India’s education market through JV

Mid-market private equity investor AnaCap Financial Partners has made its first investment in India following ...
1 month
k12
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IRIS Software Group acquires iSAMS, confirming EducationInvestor Global exclusive

Private equity-owned school software supplier IRIS Software Group today announced it has acquired iSAMS, the management ...
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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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UK: Competition watchdog could block YPO’s £50m takeover of Findel

The Competition and Markets Authority (CMA) has provisionally found that Yorkshire Purchasing Organisation’s anticipated purchase ...
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India: NoPaperForms acquires schools application platform

Info Edge-backed NoPaperForms, which operates an enrolment automation platform, has acquired schools-focused admission firm Intelliadmissions ...
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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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Finnish media giant buys Spanish K12 content provider for €465m

Helsinki-based media company Sanoma is acquiring Santillana Spain, a provider of K12 learning materials, from ...
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UK: Pre-school ed tech buys Curious World, as appetite for deals deepens

London-based pre-school educational platform Hopster has acquired Curious World, which provides the Curious George-branded learning ...
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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 months
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Exclusive: Levine Leichtman exploring €80m early exit of edutainment provider

Levine Leichtman Capital Partners (LLCP) is selling a Dutch education firm it acquired just two ...
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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 ...
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Brighteye Ventures raises $46m for European ed tech bets

Ed tech venture capital fund Brighteye Ventures has announced the €46 million first close of ...
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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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Back to the future: Rajay Naik returns to online education with next-gen OPM

A company founded by a former Study Group executive has won a contract from London ...
2 months
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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 ...
2 months
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Norwegian ed tech raises hundreds of millions from tech bull SoftBank

Educational gaming start-up Kahoot! has completed a private placement to a subsidiary of SoftBank Group, ...
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Chinese ed tech nets $100m from Tencent, Carlyle Group and others

Online education platform Huohua Siwei has raised $100 million in a Series E2 round led ...
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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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UK: Discontent over Pearson succession deepens as shareholders take aim at chair – report

Prominent shareholders in Pearson are moving to oust chair Sidney Taurel amid discontent over the ...
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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 venture capital fund acquires British education IT firm

Venture capital house Strive Capital has acquired a majority stake in education-specialist Apple reseller Academia, ...
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Spain: Ed tech start-up Lingokids lands $10m in funding

Early learning skills platform Lingokids has raised $10 million in a Series B round led ...
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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 ...
2 months
k12
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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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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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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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Exclusive: Private equity-backed trade buyer closes in on iSAMS

A private equity-owned school software supplier is close to signing a deal to acquire iSAMS, ...
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China: Ed tech firm Zhangmen raises $400m

Shanghai-based education company Zhangmen has raised $400 million in a funding round from investors including ...
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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, ...
2 months
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South Africa: Ed tech start-up receives $7m investment

Global venture capital fund GSV Ventures has invested $7 million in South Africa ed tech ...
2 months
k12
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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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Exclusive: Private equity bidders pour cold water on price expectations for Capita ESS

Price expectations for a sale of Capita’s Education Software Solutions (ESS) unit have softened significantly ...
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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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Australia: Online tutoring provider eyes IPO amid surging demand for distance learning

Australian online tutoring provider Cluey Learning is weighing an initial public offering on its domestic ...
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US: Online memory improvement start-up secures $30m

SketchyMedical, an online education company that teaches complex concepts through visual memory techniques, has received ...
2 months
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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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Australia: Learning Technologies Group acquires eCreators

Workplace learning and talent company Learning Technologies Group (LTG) is acquiring eCreators for an initial ...
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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 ...
2 months
k12

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