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Essential reading for education companies worldwide
Essential reading for education companies worldwide
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Category: Ed Tech and Educational Services

News

Chinese tutoring firms nosedive as Beijing tightens grip on for-profit sector

Several Chinese tutoring companies listed in the US have seen their share prices divebomb amid ...
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Interview: Tutoring platform launches $100m fundraise ahead of global M&A drive

Cuemath, an India-based online maths-tutoring provider, will embark on an acquisition spree after it closes ...
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US: Byju’s spends $500m on children’s reading app

Indian education giant Byju’s has acquired Epic, a digital reading platform for children aged 12 ...
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Ready Education acquires Collabco and StuComm

Ready Education, a higher education student engagement platform in North America, has partnered with private ...
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US: Vector Solutions announces $100m takeover

Vector Solutions, a provider of software for training, risk management, safety and prevention, has acquired ...
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Exclusive: €50 million sale of European ed tech approaches finish line

A European private equity house is in exclusive talks to acquire French e-learning provider Woonoz ...
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UK: Weld North Education acquires digital science curriculum company Twig Education

Scottsdale, Arizona-based K12 digital curriculum company Weld North Education has acquired Twig Education, which provides ...
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China: Jianzhi Education Technology Group files for $50m IPO

Jianzhi Education Technology Group, which provides an online learning platform and educational content in China, ...
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Australia: Education fintech Study Loans secures $50m facility

Melbourne-based education fintech Study Loans has secured a $50 million facility from Australian credit fund ...
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US: VR medical training start-up raises $14m

Palo Alto, California-based virtual reality platform Osso VR has raised $14 million in a funding ...
2 weeks
News

Competition watchdog approves tie-up of ESS and ParentPay

The Competition and Markets Authority has unconditionally approved Education Software Solutions’ merger with ParentPay.
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Netherlands: Instructure to acquire ed tech optimisation firm EesySoft

Salt Lake City-based ed tech Instructure is acquiring EesySoft, a system which guides educators and ...
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India: Teaching app raises $20m

Bengaluru-based Teachmint, which enables teachers to conduct online classes on a smartphone, has raised $20 ...
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Indonesia: Ed tech start-up Gredu raises $4m in Series A

Gredu has raised $4 million in a Series A funding round, led by Intudo Ventures.
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Modern Campus acquires engagement and learning platform Presence

Toronto-based learner engagement platform Modern Campus has acquired Presence, a campus engagement and learning platform ...
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UK: Student recruitment platform Unibuddy raises £20m

London-based student recruitment platform Unibuddy has raised £20 million in a Series B funding round ...
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Vietnam: English language learning start-up Educa raises $2m

English language learning start-up Educa has raised $2 million in a Series A funding round ...
2 weeks
News

India: UpGrad earmarks $250m for acquisitions

Mumbai-based online education provider UpGrad is allocating $250 million for acquisitions in the coming months ...
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US: ExamSoft acquires proctoring and assessment technology from iSchoolConnect

Dallas-based assessment platform ExamSoft, part of the Turnitin group, has acquired proctoring and assessment technology ...
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UK: Virtual reality training company Virti raises $10m in Series A funding

Bristol-based virtual reality company Virti, which uses technology to train workers remotely worldwide, has raised ...
2 weeks
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South Korea: Ed tech Mathpresso raises $50m in Series C funding

Seoul-based ed tech start-up Mathpresso has raised $50 million in a Series C funding round ...
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US: SchoolMint acquires education data firm Schoolrunner

Lafayette, Louisiana-based SchoolMint, which provides strategic enrolment management in K12 education, has acquired Schoolrunner, a ...
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US: Edmentum to acquire digital curriculum provider Apex Learning

Ed tech company Edmentum, based in Bloomington, Minnesota, is acquiring Apex Learning, a Seattle-based digital ...
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UK: Hodder Education Group acquires Illuminate Publishing

London-based publishing house Hodder Education Group has acquired teaching and learning resource company Illuminate Publishing ...
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Ireland: Team17 to acquire StoryToys edutainment firm

Video games developer Team17 is acquiring StoryToys, which offers educational entertainment apps for children, via ...
News

India: Xseed Education invests in Hippocampus Learning Centres

Singapore-headquartered K12 ed tech company Xseed Education has taken a minority stake in Bangalore-based Hippocampus ...
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Canada: Tutoring service Paper raises $100m

Montréal-based ed tech Paper has raised US$100 million in a Series C round led by ...
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India: Quizizz raises $31.5m in Series B

Bengaluru-based ed tech start-up Quizizz has raised $31.5 million in an ongoing Series B led ...
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US: Articulate raises $1.5bn in Series A

Articulate Global, a provider of online training tools and e-learning authoring apps, today announced a ...
3 weeks
News

US: Age of Learning raises $300m in round led by TPG

Age of Learning has announced a $300 million equity investment in a round led by ...
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Sweden: Trill Impact to acquire ILT Education

Trill Impact, a private equity firm targeting mid-sized companies in Northern Europe, is acquiring ed ...
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US: Barnes & Noble Education’s losses deepen

Barnes & Noble Education, the provider of educational products and services for higher education and ...
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US: GoGuardian acquires online assessment platform

Los Angeles-based ed tech company GoGuardian is acquiring Edulastic, an online assessment platform for K12 ...
News

US: Duolingo files for IPO, targeting multibillion-dollar valuation

Duolingo, the language-learning app developer, has filed for an initial public offering on the US’s ...
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US: Listed MOOC giant snaps up edX in $800m deal

US-listed 2U, the massive open online course (MOOC) provider, has acquired web-based course provider edX, ...
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UK: Tenzing-backed Smoothwall acquires eSafe Global

Smoothwall, a UK-based school software provider backed by Tenzing, has acquired monitoring-solutions provider eSafe Global ...
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US: Modern Campus gets new shareholder following software takeover

US private equity firm Serent Capital is purchasing a minority stake in a business formed ...
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UK: LDC invests £13m in higher ed software provider

LDC, the private equity arm of Lloyds Banking Group, has invested £13 million in Hybrid, ...
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India: Byju’s bags another $50m

Indian ed tech giant Byju’s has raised $50 million in a Series F funding round ...
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Chinese ed tech plotting $100m US IPO despite regulatory clampdown

A China-based online education firm has filed for a New York initial public offering at ...
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Australasia: KKR expands education portfolio with ed tech takeover

Private equity behemoth KKR has signed a deal to acquire a majority stake in New ...
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UK: Kortext books £15m in Series B

Kortext, the e-textbook provider used by over 100 UK universities, has secured £15 million of ...
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Europe mints new ed tech unicorn

GoStudent is Europe’s latest ed tech unicorn, following a $244 million Series C raise that ...
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Exclusive: UK ed tech lights fire under Series C fundraise

A UK-based ed tech is working with corporate financiers on a capital raise that could ...
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US: Blackstone and Vista buy higher ed software provider from TPG

Private equity giants Blackstone and Vista Equity Partners have agreed a deal to acquire higher ...
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US: McGraw-Hill handed to new private equity owner in $4.5bn deal

US-based educational publisher McGraw-Hill is set to change hands under a private equity-backed takeover.
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Ireland: Learnosity acquires Questionmark, expanding footprint in ‘wide-open’ digital assessment market

Learnosity, an Ireland-based assessment infrastructure provider, has acquired Questionmark from FPE Capital.
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Exclusive: Ed tech start-up plotting £20m capital raise

An ed tech start-up that works with 40% of UK universities is seeking to raise ...
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Exclusive: Market-leading e-textbook platform preparing for Series B raise

A fast-growing digital textbooks platform has laid the foundations for a Series B capital raise ...
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Northern Ireland: Marlin Equity Partners acquires Learning Pool

Buyout group Marlin Equity Partners has acquired Learning Pool, the Northern Ireland-headquartered e-learning provider, from ...
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Exclusive: Ed tech firm with plans to grow tenfold raising seed capital

A UK-headquartered ed tech that counts some of the world’s largest educational publishers as clients ...
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US: TrueLearn acquires audiovisual learning platform Picmonic

TrueLearn, a platform in healthcare education that blends data analytics with cognition science for the ...
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Fund Focus: ECI Partners seeking cross-sector bolt-ons and buyouts

ECI Partners is actively seeking buyouts and bolt-on deals in the education sector, the mid-market ...
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US: SSB acquires higher education software provider Affinaquest

SSB, a data management and analytics company serving higher education, collegiate athletics, non-profit, and sports ...
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US: Learning App Kadama secures $1.7m seed funding

Kadama founders from left: Marwan El-Rukby (chief operating officer), Amin Shaykho (chief executive) and Dani ...
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Australia: School management system provider Xuno acquires analytics company

School management system Xuno has acquired analytics company GradeXpert, which tracks and compares aspects of ...
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Canada: Welsh, Carson, Anderson & Stowe acquires Absorb Software

New York City-headquartered private equity firm Welsh, Carson, Anderson & Stowe has acquired Calgary-based Absorb ...
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Sweden: Educate Ventures enters collaboration to launch ed tech accelerator

Educate Ventures has entered a collaboration to launch an ed tech accelerator in Sweden.
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US: GS Foods Group acquires School Lunch Products

GS Foods Group, a food distributor owned by Highview Capital and A&M Capital Partners, has ...
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UK: Tactus Group takes stake in coding and robotics firm

Consumer technology products firm Tactus Group has acquired pi-top, a coding and robotics firm focused ...
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Australia: Keypath Education slips in stock market debut

Keypath Education International, the online higher education provider, slipped as much as 8.4% in its ...
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Chinese ed tech unicorns cull staff amid regulatory upheaval – reports

Regulatory upheaval in China is reportedly prompting online education companies to shed staff as efforts ...
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US: Amanat-backed Begin acquires coding app

New York City-based ed tech company Begin, which provides the Homer early learning programme, has ...
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China: High cash burn results in Q1 loss for GSX Techedu

GSX Techedu, the New York-listed Chinese ed tech accused of fraud by multiple short-sellers, burnt ...
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IP-No: Analysing the impact of China’s potential ban on education listings

A regulatory storm continues to roil China’s lucrative education sector as new reports suggest officials ...
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Brazil: Arco Platform reports increase in first-quarter profit

Arco Platform, an educational software company that offers technology, services and content from kindergarten to ...
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US: Leif raises $60m for outcomes-based funding platform

Leif, which specialises in technology facilitating access to education funding, has raised $60 million in ...
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South Korea: Artificial intelligence education firm raises $175m from SoftBank

Artificial intelligence education company Riiid has raised $175 million from SoftBank Vision Fund 2.
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Exclusive: Private equity outfit seeking buyer for leading school uniform supplier

The private equity backer of a leading school uniform supplier is seeking to sell its ...
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China: Zhangmen files for US IPO

Shenzhen-based online education platform Zhangmen has filed for an initial public offering on the New ...
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China: Regulatory crackdown spooks private school operators and tuition providers

China has imposed wide-reaching restrictions on the country’s for-profit schools and after-school tuition providers, stirring ...
2 months
k12
News

US: MasterClass raises $225m in Series F

MasterClass, which sells online classes often taught by celebrities, has raised $225 million in Series ...
2 months
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US: Alex. Brown Realty and Student Quarters acquire student property

A joint venture between Baltimore-headquartered Alex. Brown Realty and Atlanta-based owner-operator Student Quarters has acquired ...
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US: Boxlight reports loss alongside record quarterly revenue

Boxlight Corporation, which provides technology solutions to education companies, has reported a first-quarter 2021 net ...
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Netherlands: StuDocu raises $50m in Series B round

Amsterdam-based ed tech StuDocu, which provides students with a platform to exchange knowledge, has raised ...
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India: Byju’s aiming  to  raise $150m from UBS – report

Bengaluru-based ed tech firm Byju’s is in talks to raise $150 million from UBS Group ...
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Exclusive: Learning Pool makes a splash with private equity in first round

Two private equity firms have tabled first-round bids for Learning Pool, the Northern Ireland-based e-learning ...
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China regulator fines online tutoring unicorns over false advertising

The State Administration for Market Regulation in China has fined ed tech giants Zuoyebang and ...
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UK: Nous Group purchases higher education benchmarking consultancy

International management consultancy Nous Group has acquired Cubane Consulting, a provider of higher education benchmarking ...
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US: McGraw Hill acquires online training platform for Microsoft Office

McGraw Hill has acquired Triad Interactive, software developer of the SIMnet product for undergraduate computer ...
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US: Valsoft acquires K12 safety software firm

Montreal-based Valsoft Corporation, which acquires and develops vertical market software businesses, has acquired ScholarChip.
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US: Cornerstone OnDemand reports quarterly loss on increased revenue

Cornerstone OnDemand, a global cloud-based learning and people development software company, has announced a net ...
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UK: Juniper Education purchases school support site

Juniper Education has acquired PrimarySite, which provides almost 5,000 primary schools, academies and trusts with ...
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US: Kahoot! acquires K12 learning platform Clever

Kahoot! has acquired Clever, a privately-held, San Francisco-based company that offers a digital learning platform ...
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US: Aperture Education acquires goal-setting platform Ascend

Aperture Education, a provider of social and emotional learning assessments for K12 schools, has acquired ...
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US: EarlyBird Education raises funding for pre-literacy assessment

EarlyBird Education, a developer of a game-based early literacy assessment, has raised $1.5 million in ...
3 months
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US: Steady quarterly growth for Grand Canyon Education

Education services company Grand Canyon Education has reported net income of $78.1 million for the ...
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US: Nerdy reports quarterly loss on increased revenue

Nerdy, a direct-to-consumer, curated gig economy platform for live online learning has announced a net ...
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India: Teachmint raises $16.5m in Series A

Online teaching platform Teachmint has raised $16.5 million in a Series A round led by ...
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US: Chegg reports Q1 loss against revenue growth

Online textbook retailer Chegg has reported a net loss of $65.2 million for the first ...
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Kenya: Ed tech Kidato secures $1.4m

Nairobi-based ed tech start-up Kidato has raised $1.4 million in a seed funding round.
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US: Coursera publishes earnings for first time as public company

Massive open online course provider Coursera has reported a net loss of $18.7 million for ...
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US: Horace Mann lifts quarterly income and revenue

Horace Mann Educators Corporation has reported first-quarter 2021 net income of $930,000, up 111.4% compared ...
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India: upGrad raises $40m from International Finance Corporation

Mumbai-based online higher education company upGrad has raised $40 million from International Finance Corporation, a ...
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US: Exam validation firm Honorlock raises $25m

Boca Raton, Florida-based Honorlock, an online proctoring service, has raised $25 million in Series B ...
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France: OpenClassrooms raises $80m

Online education company OpenClassrooms has raised $80 million in a round backed by the Chan ...
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Australia: Student-recruitment marketplace closes $8.5m Series A

Melbourne-headquartered Adventus.io, a college student recruitment platform, has raised an additional US$8.5 million to close ...
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Australia: Keypath Education considering flotation – report

Ed tech business Keypath Education is considering an initial public offering in Australia.
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China: Online education companies fined for price law breach

A Chinese authority has fined four online education firms for false advertising amid a crackdown ...
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India: upGrad raises $120m from Singapore’s Temasek

Mumbai-based online higher education company upGrad has raised $120 million from Temasek, a global investment ...

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