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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

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 ...
News

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 ...
News

US: Valsoft acquires K12 safety software firm

Montreal-based Valsoft Corporation, which acquires and develops vertical market software businesses, has acquired ScholarChip.
News

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 ...
News

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 ...
2 weeks
News

US: Steady quarterly growth for Grand Canyon Education

Education services company Grand Canyon Education has reported net income of $78.1 million for the ...
News

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 ...
News

India: Teachmint raises $16.5m in Series A

Online teaching platform Teachmint has raised $16.5 million in a Series A round led by ...
News

US: Chegg reports Q1 loss against revenue growth

Online textbook retailer Chegg has reported a net loss of $65.2 million for the first ...
News

Kenya: Ed tech Kidato secures $1.4m

Nairobi-based ed tech start-up Kidato has raised $1.4 million in a seed funding round.
News

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 ...
News

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 ...
News

India: upGrad raises $40m from International Finance Corporation

Mumbai-based online higher education company upGrad has raised $40 million from International Finance Corporation, a ...
News

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 ...
News

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 ...
News

Australia: Keypath Education considering flotation – report

Ed tech business Keypath Education is considering an initial public offering in Australia.
News

China: Online education companies fined for price law breach

A Chinese authority has fined four online education firms for false advertising amid a crackdown ...
News

India: upGrad raises $120m from Singapore’s Temasek

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

US: Sallie Mae increases quarterly income

Sallie Mae, the saving, planning, and paying for college company, has announced first-quarter 2021 net ...
News

UK: Bloomsbury Publishing acquires academic publisher

Independent publisher Bloomsbury Publishing has acquired assets of Red Globe Press, an academic imprint, from ...
News

Exclusive: Pearson weighing carve-out of £300m global division

Pearson, the London-listed education company, has hired investment bankers to explore a sale of a ...
News

Exclusive: Fast-growing European ed tech being prepped for market

The shareholders of a European ed tech have drafted in advisors to find a new ...
News

US: Outschool becomes ed tech’s latest unicorn following $75m Series C

Outschool, a marketplace for virtual after-school activities, has raised $75 million in a Series C ...
News

UK: Findel Education acquired in £30m private equity deal

A UK private equity house has acquired educational resource provider Findel Education in a £30 ...
News

UK: London-listed Tribal buys higher ed software provider

Tribal Group, the London-listed software provider, has acquired Semestry Limited, a cloud-based timetabling software provider ...
News

India: Byju’s raising $1bn – report

Indian ed tech giant Byju’s is raising around $1 billion from new investors, Bloomberg has ...
News

India: Byju’s to go global next month and could IPO within two years

Byju’s, India’s largest ed tech recently valued at more than $13 billion, will embark on ...
News

US: PowerSchool files for IPO that ‘could’ raise $750m

US-based school solutions provider PowerSchool has filed for an initial public offering in which it ...
News

Ireland: Cambridge Education Group bolsters online division with acquisition

Private equity-backed Cambridge Education Group has acquired iheed, an online medical education provider, bolstering its ...
News

Austria: GoStudent secures €70m in Series B round

Vienna-based start-up GoStudent has completed a Series B round led by new investor Coatue together ...
News

UK: Inspired to acquire AIM-listed online school for more than £70m

Inspired Education, the global premium private school operator, has reached an agreement to acquire AIM-listed ...
1 month
k12
News

UK: Tribal reports 2020 profit and acquires Semestry

Tribal Group, a provider of software and services to the international education market, has announced ...
News

US: Boxlight’s losses widen as revenue rockets

Boxlight Corporation, which provides technology solutions to education companies, has reported a 2020 net loss ...
News

US: Apollo contemplating $6bn sale of McGraw-Hill – report

Private equity giant Apollo Global Management is reportedly exploring a sale of its stake in ...
News

India: Byju’s raises $460m in Series F

Bengaluru-based ed tech firm Byju's has raised $460 million in Series F funding in a ...
News

US: Savingforcollege.com acquires college selection portal

TheCollegeMonk.com is a university search portal that guides students through the college selection process.
News

14 fast-growing Asia-Pacific education companies

Fourteen education companies have ranked among high-growth Asia-Pacific-based companies compiled by the Financial Times, some ...
News

UK: Scape and APG acquire Leeds student digs site

A joint venture between student accommodation provider Scape and Dutch pension fund APG has purchased ...
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India: Byju’s in talks to raise over $600m at $15bn valuation – report

Indian ed tech behemoth Byju’s is reportedly in talks to raise over $600 million – ...
News

Exclusive: Corporate financiers asked to find buyer for school software provider

A UK-based school software provider has appointed advisors to explore a sale of the company, ...
News

China: Ed tech unicorn hires CFO ahead of potential flotation – report

A Chinese ed tech backed by Alibaba has reportedly hired a senior executive from a ...
News

US: Coursera seeks $4bn valuation in IPO that could raise $519m

Coursera, the US-based online education giant, is targeting a valuation in excess of $4 billion ...
News

Exclusive: Owner of school software provider plotting £150m-plus exit

A UK private equity firm has drafted in advisors to find a buyer for a ...
News

US: Nerdy reports annual loss on increased revenue

Nerdy, a direct-to-consumer, curated gig economy platform for live online learning has announced a 2020 ...
News

US: eLearning Brothers acquires edutainment provider

Corporate learning company eLearning Brothers has acquired The Game Agency, the creator of The Training ...
News

US: McGraw Hill acquires adaptive learning company Kidaptive

McGraw Hill has acquired Kidaptive, an adaptive learning platform company focused on learning science, early ...
News

India: Ed tech platform Leap Finance raises $17m in Series B

Leap Finance has raised $17 million in Series B funding led by Jungle Ventures, with ...
News

Exclusive: Buyout group pursuing £100m-plus sale of online training provider

The private equity backer of an online professional qualifications provider has instructed an investment bank ...
2 months
News

US: College and career readiness company SchooLinks secures $8.3m in Series A

SchooLinks has raised $8.3 million in Series A funding in a round led by LiveOak ...
News

US: Computer retailer CDW acquires education consultancy

International computer products retailer CDW Corporation has acquired Amplified IT, an education-focused consultancy to the ...
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UK: Firefly Learning acquires schools platform Epraise

Firefly Learning today acquired Epraise, which provides schools with a platform for motivating students, engaging ...
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US: SchoolMint acquires K12 enrolment and marketing firm

SchoolMint, a provider of strategic enrolment management for pre-K12 education, has acquired Bright Minds Marketing, ...
News

Norway’s Kahoot seeking deals as it aims to double revenues

Norwegian ed tech Kahoot is seeking to leverage its biggest shareholder SoftBank to tap Asian ...
News

India: Gamified quiz start-up raises $12.5m in Series A

Bengaluru-based ed tech start-up Quizizz has raised $12.5 million Series A funding in a round ...
News

US: Ed tech Finalsite acquires digital enrolment firm SchoolAdmin

Finalsite has acquired SchoolAdmin, a K12 enrolment management system and developer of tools for private ...
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Brazil: Arco Platform acquires online test-prep provider Me Salva!

Arco Platform has acquired Me Salva!, an online education company that prepares students for admission ...
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US: Ed tech marketplace Preply raises $35m

Online learning platform Preply has raised $35 million of funding.
News

Texthelp announces acquisition hot on heels of Five Arrows takeover

Texthelp is making use of its new private equity parent’s chequebook, snapping up Lingit Group ...
News

Exclusive: Private equity-backed ed tech buys language-training provider

Learnlight, a private equity-backed ed tech platform, has acquired IBE, an Italian-language training provider.
News

China: GSX Techedu returns to loss even as revenue climbs

GSX Techedu an online K12 large-class after-school tutoring service provider in China has announced a ...
News

US: Coursera files to go public

American massive open online course provider Coursera has filed to go public.
News

US: Wiley’s announces third-quarter profit

Global publishing company John Wiley & Sons has reported net income of $22.2 million for ...
News

Sannam S4 purchases Singapore consultancy and opens Malaysian office

London-based international education services provider Sannam S4 has acquired Alumno, a Singapore-based education consultancy.
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Canadian Business Growth Fund invests in college preparation business

Xello, a programme that helps K12 students prepare for college and careers, has secured a ...
News

US: Renaissance Learning acquires Nearpod for $650m

Pre-K12 software-as-a-service and learning analytics company Renaissance Learning has acquired Nearpod, an ed tech platform ...
News

US: Newsela reaches unicorn status following $100m Series D

Newsela has raised $100 million in Series D funding in a round led by new ...
News

UK: Tes Global bolsters school software portfolio with takeover

Tes Global has acquired SchoolCloud, a school software services provider that experienced “rapid growth” amid ...
News

China: Yuanfudao targeting $20bn valuation amid fresh fundraise – report

Yuanfudao, now the world’s most valuable privately owned ed tech, is seeking fresh funding at ...
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US: Student accommodation REIT sees profits dip

American Campus Communities, a publicly-traded real estate investment trust that invests in dormitory housing, has ...
News

Daily Mail owner offloads US ed tech arm in two deals worth over $400m

The holding company of the Daily Mail newspaper has agreed to sell its US ed ...
News

India: Unacademy acquires networking site TapChief

Unacademy has acquired a majority stake in professional networking platform TapChief, enabling the exit of ...
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US: Labster secures $60m in Series C funding led by Andreessen Horowitz

Labster, which produces virtual laboratory simulations, has raised $60 million in Series C funding in ...
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India: Byju’s ‘close’ to acquiring Toppr in $150m deal – report

Byju’s, the Indian ed tech giant, is close to signing a deal to acquire Toppr, ...
News

US: 2U narrows losses on increased revenue

Ed tech company 2U has reported a 2020 net loss of $216.5 million, a slightly ...
News

US: School bus manufacturer rides out Q1 loss as revenues fall

Blue Bird Corporation, the independent designer and manufacturer of school buses, announced a net loss ...
News

India: Education loan firm Eduvanz raises $10m in debt funding

Digital non-banking education loan firm Eduvanz has raised $10 million in debt funding from financial ...
News

US: PowerSchool files for $6bn IPO – report

PowerSchool, the private equity-owned school management information system giant, has reportedly filed for a US ...
News

US: SplashLearn raises $18m for its maths and reading platform

SplashLearn, a San Francisco-based ed tech start-up that teaches children via a game-based curriculum, has ...
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Exclusive: Irish private equity fund pools advisors to find buyer for ed tech

Carlyle Cardinal Ireland, a fund established by private equity behemoth The Carlyle Group, has drafted ...
News

France: Skill & You sold to PE house, valuing e-learning group at €300m-plus

IK Investment Partners has agreed to acquire a controlling stake in France-based vocational e-learning provider ...
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US: Chegg climbs on narrowed losses and strong revenue growth

Online textbook retailer Chegg has reported a net loss of $6.2 million for 2020, compared ...
News

India: Cuemath raises $40m Series C round

Online maths learning company Cuemath has closed a $40 million Series C funding round led ...
News

Canada: Top Hat raises $130m and appoints new chief executive

Top Hat, a learning courseware platform for higher education, has raised US$130 million in a ...
3 months
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UK: Digital education start-up FourthRev raises £2.3m in seed funding

London-based digital education start-up FourthRev has closed a seed round at £2.3 million led by ...
News

US: IXL Learning to acquire Rosetta Stone’s languages division

​IXL Learning, a K12 personalised learning platform, is acquiring Rosetta Stone’s languages division from digital ...
News

Australia: Studiosity announces investment from CVC and FutureLearn’s backer

Studiosity has added two new investor groups onto its share register as minority investors: Online ...
News

Singapore: Student recruitment start-up extends Series A to $15m

Singapore-based education start-up Cialfo has extended its Series A funding round to $15 million.The extended ...
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US: Brightwheel raises $55m on $600m valuation

Brightwheel, a US-based early years software solutions start-up, has raised $55 million in a Series ...
News

US: Verge Learning acquires professional-development platform

Special education company Verge Learning has acquired XceptionalED.
News

US: Covid hits Horace Mann’s full-year performance

Educational financial services, life assurance and pensions company Horace Mann Educators Corporation has reported 2020 ...

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