Edtech Insiders

Send us a textJomayra Herrera is a partner at Reach Capital, one of the leading edtech venture capital firms, where she supports entrepreneurs that develop technology solutions for challenges in education from early childhood through future of work. In this conversation, we talk about education investing and life as an Edtech VC, as well as about Web3 and education and how it could increase equity and diversity in the crypto space.ResourcesLearning Earning and Web3: Why I'm Jumping In by Jomayra Herrera The Raging 2020s by Alec Ross

Send us a textTopics This Week:Education Stocks Take a Hit306 global education stocks lost $120B of value in 2021, down 40%Edtech Stocks hit a steep learning curvePotato Head Becomes a Digital TherapistPresenceLearning partnered with Hasbro to bring beloved characters & classic games to therapy platformFunding + M&A Round-upMunic-based Edurino raised €3.35M to advance digital learning for kidsFormer Twitter India head Manish Maaheshwari’s Invact Metaversity raises funds @ $33M valuationWhy these Udemy execs left to build a better UdemyPaper secures $343M CAD with US schools drawn to its remote tutoring techEvidence as a ServiceGUEST: Karl Rectanus - Co-founder & CEO @ LearnPlatformLearnPlatform releases subscription to help solutions providers lower costs, build EdTech evidence that districts & states trustHomeschoolingGUEST: Kelly Smith - Founder & CEO @ PrendaPost-Recording Updates:Edtech is luring students to cheat with fake answer sitesEdtech company Cengage names publishing vet as CTOEdtech market to reach S288B USD by 2031 (comprehensive research by FMI)Educators have som

Send us a textJoshua Wöhle is the CEO of UK-based Edtech company Mindstone,  a platform that helps people learn faster, remember more and get things done. Previously, Joshua was Co-Founder & Chief Product Officer at SuperAwesome, the biggest kids technology company in the world, which was acquired by Epic Games in the summer of 2020. Joshua is an EdTech enthusiast, advisor and Investor.Mindstone is a platform that allows users to automatically create the best learning pathways from content available online (articles, podcasts, videos, you name it) to help learners reach your learning goals, while at the same time inserting elements of discovery to bring the joy back into learning.Unusually among Edtech companies, Mindstone has received both VC funding and crowdfunding, which we discuss in this episode.

Send us a textOur guest this week: Alberto Arenaza, Edtech Insider Extraordinaire and Cofounder of  Transcend Network and author of the Transcend NewsletterFeatured ResourceCheck out the amazing new Edtech Dash with over 25,000 Edtech companies    - Brighteye & Dealroom release open access EdTech dashboardTopics covered this week:Higher Ed & GovernmentHouse passes College Transparency ActFree community college is “Off the Table”Personalized Learning gets (Social) EmotionalCZI connects students & teachers via “Along”Promise of personalized learning for EdTech startupsWayfinderLearnfully Empowerly2022 EdTech Valuations- Ripe for Repricing?EdTech hits a steep learning curveEdtech AcquisitionsCengage Group to acquire Infosec for $190.8 millionStudytube acquired Springest & closed $30m series BGoStudent acquired Seneca Learning & Tus Media GroupBrightchamps acquired Education 10xAviso Retention acquired by Watermark Insights after 10 years of bootstrappingModern Campus acquired Signal VineBook Bans Threaten Intellectual FreedomVoters of Tomorrow to distribute copies of ‘Maus’ and ‘Beloved’ in Texas and Virginia  

Send us a textThis week, we sat down with Jonathan Finkelstein, CEO of Credly, which was acquired by Pearson this week for $200m, and with Rhys Spence, lead author of the recent Europe Edtech Funding Report 2022. HEADLINES:1. COVID beat Interesting linkedin post by a teacher caught our eye. There was also a series of articles on Edsurge and elsewhere about life as a COVID principal, pandemic brain science, and student mental health.  Big theme of ‘no way to go back’ . 2. Project Kitty Hawk takes off UNC’s $97M Plan to Reach Adult Online Learners hopes to become an alternative to traditional OPM providers and a way to create 120 online programs over the next years,. 3. New data shows Gen Z prefers alt pathways for higher edA Survey of American high schoolers found that:45% prefer programs they can complete in two years or less—a significant shift from pre-pandemic levels. Nearly 70% want on-the-job training like apprenticeships and internships during their college experience.86% of those surveyed say they feel pressure—from parents, teachers, and society at large—to pursue that specific pathway, even if it’s not the right choice for them4. Funding RoundsSpain-based Domestika, an online platform for creatives, received a $100m round at a $1.3b valuation, becoming the latest Edtech Unicorn.Fourthrev, a UK-based career accelerator program, announced an $8m Series A.Singapore-based college application platform Cialfo received a $40m funding round.Indian Upskilling platform Scaler Academy received a $55 million funding roundIndian edtech Wise raised $5mArabic “​​EdTech platform Playbook announces that it has closed pre-seed funding with $700,000. Post-Recording Updates:Studytube acquires Springest & closes $30m series BGoStudent acquires Seneca Learning & Tus Media Group

Send us a textEva Brown is the author of “The Next Right Step: From Teaching to Edtech”. Eva was a classroom teacher for many years before transitioning into Edtech with Scholastic, HMH and now at Formative. Eva runs a consultancy at Eva Brown Consulting to help transitioning teachers take the next right step in their careers.Recommended Resources for Transitioning TeachersJeff Patterson, CEO of gaggle shares weekly lists of edtech job openings.Linkedin Learning Courses on Edtech (such as this or this)Coursera courses on online learning (such as this, this or this)HolonIQ's overview of Edtech and their 2021 Global Learning LandscapeEdtech Job BoardsEdsurge Job BoardsReach Capital Edtech Job BoardOwl Ventures Edtech Job BoardGSV Edtech Job BoardLearn Capital Job BoardBrighteye Edtech Portfolio Openings (Europe)JoinEdtech.org

Send us a textTopics This Week:1) Labor Shortages Loom in K12Almost half of all teachers are thinking of leaving their jobsParticularly hurting struggling readers2) College Enrollments Dropping, Higher Ed Making Digital ShiftsColleges have seen the biggest drop in enrollment in 50 years Some are adapting to a new future with Hybrid College Classrooms 3) School Districts Getting more Cyberattacks and RansomwareCyberattacks on school districts getting more frequent across the countryGeorgia to provide cybersecurity platform to all schoolsExperts are recommending more preparation and more attention be paid despite limited resourcesThe 2020 K12 Cybersecurity Act is intended to help4) Mergers and AcquisitionsSoapbox labs partners with McGraw HillLiterati Acquires Follett Book Fairs 5) Omicron Stimulus Money Being spent on Virtual TutoringBack to School, but Still Learning Online (NYT)NOTE: A few important things happened this week after recording, which can be read below and will be covered in next week's episode.1) Spain-based Domestika, an online platform for creatives, received a $100m round at a $1.3b valuation, becoming the latest Edtech Unicorn.2) Fourthrev, a UK-based career accelerator program, announced an $8m Series A.3) Brighteye Ventures put out its 2022 European Edtech Funding Report. Breakdown from Brighteye head of research here.4) Singapore-based college application platform Cialfo received a $40m funding round.5) Singapore-based personalized coaching and mentoring platform Ascend Now received a $2.1m seed round.

Send us a textIn this Week in Edtech, we cover:1) Lawsuit Alleging Price-Fixing at Top Universities- NY Times2) Phil Hill's Coverage of the Shrinking Non-Profit University Ecosystem- Phil on Edtech3) India cracks down on OPM providers in Higher Ed- Times of India- Economic Times4) LEAD Becomes the First Indian Edtech Unicorn of 2022 with a $100m round- The News Minute- Techcrunch5) Around the World- US: GSV Elite 200 Edtech companies Released- UK: MyTutor acquires coding platform Fire Tech- Africa: Egyptian Edtech Orcas Raises Round,  $10M Future of Learning fund from Future Africa- LATAM: Ubits raises $25m to create the Netflix of corporate training 6) Education Labor Force- 74Million: Report shows that there is no 'big quit' in education, but specialized positions are still hard to fill We also play a game of 'fill in the blank' with questions like "University Presidents should feel _________ given the barrage of negative recent headlines about legacy Higher Ed" and take questions live from the On Deck Ed Tech fellowship.

Send us a textStanford education professor Mitchell Stevens on developing a science for working learners for the NSF to improve research and outcomes for those outside of the traditional higher education system.Mitchell Stevens is a sociologist of higher education at Stanford University and the co-director of the Stanford Pathways Lab with John Mitchell.Report LinksHere is a link to the full reportRead the list of contributors to the report.Sign up for a live event on January 19th to discuss the report (also here).Resources Recommended by Professor Stevens1. The Education Trap, Christina Groeger2. Teaching Machines: The History of Personalized Learning, Audrey Watters

Send us a textThis Week in Edtech, we focus on 1) Labor Shortages and COVID Contingency Plans- California Community Colleges Go Online, along with most UC Campuses and Duke- Staff shortages led to Louisville's school district going back online2) Edtech VC Firm Owl Ventures Launches 3 Edtech Funds worth over $1B - Crunchbase- WSJ- Economic Times (India)3) Y Combinator Announced It Would Offer $500K to Companies- This raises the bar for early stage funding- New Edtech Accelerators are popping up, like ODX, Workshop Venture Partners, Blue Meridian and  Sesame Ventures4) Around the World - Europe: Edtech unicorn GoStudent became the highest valued Edtech in Europe with a $300M+ Round- China: New Oriental Revealed 60,000 Layoffs and 80% Revenue Loss (Bloomberg)- India: Inc42's Yearly report came out reporting $4.7 Bn in Indian Edtech investing5) The GSV Edtech 150 was released.NOTE: After this episode was recorded, a few more interesting developments occurred:1) Indian edtech LEAD became the first Unicorn of 20222) Ellucian bought CampusLogic3) Modern Campus bought SignalVine4) School Loan Provider Navient Lost a $1.85B Lawsuit5) Chinese language Edtech Lingoace completed a $100M funding round