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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

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 ...
4 weeks
k12
News

US: MasterClass raises $225m in Series F

MasterClass, which sells online classes often taught by celebrities, has raised $225 million in Series ...
4 weeks
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 ...
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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 ...
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 ...
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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 ...
1 month
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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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US: Sallie Mae increases quarterly income

Sallie Mae, the saving, planning, and paying for college company, has announced first-quarter 2021 net ...
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UK: Bloomsbury Publishing acquires academic publisher

Independent publisher Bloomsbury Publishing has acquired assets of Red Globe Press, an academic imprint, from ...
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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 ...
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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 ...
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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 ...
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UK: Findel Education acquired in £30m private equity deal

A UK private equity house has acquired educational resource provider Findel Education in a £30 ...
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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 ...
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India: Byju’s raising $1bn – report

Indian ed tech giant Byju’s is raising around $1 billion from new investors, Bloomberg has ...
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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 ...
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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 ...
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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 ...
2 months
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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 ...
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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 ...
2 months
k12
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UK: Tribal reports 2020 profit and acquires Semestry

Tribal Group, a provider of software and services to the international education market, has announced ...
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US: Boxlight’s losses widen as revenue rockets

Boxlight Corporation, which provides technology solutions to education companies, has reported a 2020 net loss ...
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US: Apollo contemplating $6bn sale of McGraw-Hill – report

Private equity giant Apollo Global Management is reportedly exploring a sale of its stake in ...
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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 ...
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US: Savingforcollege.com acquires college selection portal

TheCollegeMonk.com is a university search portal that guides students through the college selection process.
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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 ...
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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 – ...
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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, ...
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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 ...
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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 ...
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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 ...
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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 ...
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US: eLearning Brothers acquires edutainment provider

Corporate learning company eLearning Brothers has acquired The Game Agency, the creator of The Training ...
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US: McGraw Hill acquires adaptive learning company Kidaptive

McGraw Hill has acquired Kidaptive, an adaptive learning platform company focused on learning science, early ...
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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 ...
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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 ...
3 months
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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 ...
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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, ...
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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 ...
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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 ...
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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.
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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 ...
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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 ...
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US: Coursera files to go public

American massive open online course provider Coursera has filed to go public.
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US: Wiley’s announces third-quarter profit

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

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