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Edtech Insiders cover image

The Future of EdTech: AI, Mergers, and Strategic Investments with Reach Capital’s Jomayra Herrera and Owl Ventures’ Lyman Missimer

Edtech Insiders

NOTE

Focus on Strategic Fit: Seek $5M ARR

A key component of M&A strategy involves supporting current portfolio companies and exploring exit strategies. Engaging with corporate development leads across various sectors reveals a collective interest in acquisitions of companies achieving at least $5 million in Annual Recurring Revenue (ARR), indicating a benchmark for product-market fit. This interest is particularly pronounced in the K-12 education sector, where the demand is for companies focusing on core subject instruction or career and technical education.

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