Los Angeles-based ed tech company GoGuardian is acquiring Edulastic, an online assessment platform for K12 teachers and administrators, based in Fremont, California.
Founded in 2014, Edulastic has built formative assessment tools for K12 students, teachers, and school districts and its technology provides teachers with instant classroom data showing which students are on track and who needs help.
Edulastic stated that its tools allow teachers to administer district common or classroom formative assessments leveraging more than 110,000 standards-aligned questions from trusted sources. Assessments can be auto-scored for instant data to individualise instruction, and teachers are able to measure progress over time to determine what assessments and remediations were most effective.
The company added that it supports teaching for more than nine million students and is used by over 19,000 schools.
GoGuardian co-founder and chief executive Advait Shinde said: “Gauging student understanding is a vital element of effective teaching and learning. The Edulastic team has created sophisticated, data-driven solutions that provide teachers with real-time, actionable insights that support great teaching and improved outcomes.”
Edulastic co-founder and chief executive Madhu Narasa added: “The Edulastic team is thrilled to join GoGuardian where the scale of our combined platform can make an even bigger impact on preparing students to solve the world’s greatest challenges. Since our founding, Edulastic has been on a mission to deliver insights that help teachers teach and help students learn. GoGuardian is a natural fit that will accelerate our mission and expand our ability to serve educators, now and long into the future.”
The acquisition was led by GoGuardian and Sumeru Equity Partners, a technology-focused growth capital firm that first backed GoGuardian in 2018 with a significant strategic investment.
Robert W. Baird & Company and Raymond James were financial advisors to GoGuardian and Sumeru Equity Partners for the transaction.
Edulastic is privately held and backed by Primera Capital, an early stage venture capital firm.
Date published: 30 June 2021