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The Post-Pandemic Outlook for Edtech

Edsurge

Soon, schools would be inundated with sales pitches from edtech companies, and it didn’t take long before they started pushing back against those that seemed predatory. For the edtech industry, the pandemic poses a paradox. Yet this reality seems not to have dampened investor enthusiasm for private edtech companies.

EdTech 216
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Duolingo IPO Shows Investors Think Edtech Is Still Growing.

Edsurge

It’s got an effective mobile app that really changes the context in how people access language, a critical mass in consumer interest in learning applications and since the pandemic hit, it put edtech into the minds of investors as a real investable category,” says Trace Urdan, an edtech analyst and managing director at Tyton Partners.

EdTech 174
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Codecademy, an Early (and Now Profitable) Pioneer of Coding Education, Raises $40M in New Funding

Edsurge

Money has flowed into the edtech sector over the last twelve months. Unlike other edtech startups seemingly on the fast track to big checks, Codecademy has been in the business for over a decade. The deal with Owl Ventures, one of the largest edtech-focused venture funds , appears to tick all of these boxes.

Chegg 202
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Course Hero Adds $70 Million to Series B Fundraise

Edsurge

Capitalizing on increased usage seems to be the formula among edtech companies seeking new money this year. Companies like Coursera, which helps universities build and access online courses, have ridden the momentum from new registrations to secure a $130 million investment in July. According to the EdSurge database, U.S.

Course 171
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Course Hero Quietly Took Over Hosting Lumen’s OER Content. They Say It’s No Big Deal

Edsurge

the edtech “unicorn” and homework help site. or Canada who’re accessing the content via direct link, like you might expect someone using links from an official course to do. But there’s another problem: Course Hero’s domain—like other companies such as Chegg—is blocked by the content filtering of some districts. What the heck?”

OER 187
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In Move to ‘Unlimited’ Pricing Model, Cengage Hopes for a Comeback

Edsurge

I'm thinking you could sell a single book for $120 and now you're giving unlimited access for $120 total. Over the last 10 years or so, the majority of the acquisition activity for smaller edtech startups came from the big textbook companies. Tell me a little bit about some of your recent partnerships with companies such as Chegg.

Chegg 135
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EdSurge HigherEd Year in Review: Our Top Higher Education Stories of 2018

Edsurge

That’s why we’ve also highlighted a few here that we don’t want you to miss, from complicated community college turnarounds to where IKEA and edtech overlap. Cheating on Chegg? It’s no surprise that students would ask for help on platforms like Chegg, which offer digital textbooks as well as tutoring and homework help.

MOOC 140