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E-Learning EdTech Education Search Engine Tutoring Western Europe

Tutorful Raises £3M in Funding

– Tutorful, a Sheffield, UK-based edtech platform for parents and students to find online tutors, raised £3m in funding.
– The funding was provided by Mercia’s Northern Venture Capital Trust (VCT) funds and NPIF – Mercia Equity Finance.
– The company intends to use the funds to continue to further enhance the platform, expand into new international markets and create around 27 additional jobs at its Sheffield headquarters.

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E-Learning Ediscovery EdTech Gaming North Africa and the Middle East

Toya Raises $4M in Funding

– Toya, a Tel Aviv, Israel-based female-founded gaming studio, raised $4m in funding.
– The round was led by Drive by DraftKings, with participation from Remagine Ventures and Powerhouse Capital, as well as 1Up Ventures, early Roblox investor Craig Sherman, and NFL legend Eli Manning.
– The new investment will be used to enhance the company’s current product offering, integrate new titles onto its platform and expand its hiring and partnerships efforts.

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Artificial Intelligence E-Learning EdTech Machine Learning North America

Workera.ai Lands $16M Series A Financing

– Workera.ai, a precision upskilling platform, has closed a $16m Series A round.
– The round was led by NEA alongside existing investors Owl Ventures and AI Fund, as well as AI luminaries Richard Socher of AIX Ventures, Pieter Abbeel, Lake Dai and Mehran Sahami.
– This new infusion of capital will be used to accelerate product development and fuel the company’s go-to-market strategy.

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EdTech Education Gaming Software South Asia

Kalam Labs Raises Pre-Seed Funding Round

– Kalam Labs is a live game streaming platform at the intersection of K-12 learning and multiplayer gaming.
– The company raised a pre-seed funding round.
– Backers included Lightspeed and Y Combinator.
– The new investment will be used to accelerate the company’s product roadmap to build a “Metaverse for Science”.

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E-Learning EdTech Education North America Software

Kiddom Raises $35M in Series C Funding

– Kiddom is a San Francisco, CA-based education platform.
– The company raised $35M in Series C funding.
– The round was led by Altos Ventures, with participation from Owl Ventures, Khosla Ventures and Outcomes Collective.
– The new investment will be used to scale product development.

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EdTech Education Film Film Production Media and Entertainment North America

Smashcut Raises $7M in Series A Funding

– Smashcut is a Montclair, NJ-based digital learning platform and content studio.
– The company raised $7m in Series A funding.
– The round was led by Pearson Ventures.
– The new investment will be used to expand the company’s operations and business reach.

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Continuing Education EdTech Education Skill Assessment South Asia

India’s Eruditus valued at $3.2 billion in $650 million fundraise

– Eruditus, a Mumbai-based edtech startup, raised $650m funding.
– The round was led by Accel and SoftBank Vision Fund 2.
– The company is valued at $3.2 billion.

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Collaborative Consumption E-Learning EdTech Education Internet Latin America

Crehana Raises Largest Series B for Edtech in Latin America

– Crehana, a leading education technology platform for companies and individuals focused on closing the reskilling and upskilling gap in Latin America, announced that it has raised $70M in a Series B round led by General Atlantic.
– This round represents Latin America’s largest Series B funding for an education technology company.
– Crehana will leverage the funding to expand its enterprise solution, launch operations in Brazil, and invest in new products and technologies.
– Crehana seeks to deliver a fruitful learning experience. The company is focused on the quality and delivery of its courses, controlling the entire value chain from the sourcing of instructors to production, distribution, and consumption of content.

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EdTech Education North America Primary Education Secondary Education

Codelicious Lands $3.8M Seed Round

– Codelicious, a computer science curriculum platform, has raised a $3.8m round of seed funding co-led by EduLab Capital Partners and Allos Ventures.
– Additional investors included Sixty8 Capital, GRE Capital, and Elevate Ventures.
– Codelicious’s patented technology tailors instructional assets within a course to a school or district’s unique instructional cadence.

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Artificial Intelligence Children EdTech Education Language Learning North America

Novakid’s investors bet $35M that it can teach kids English

– Novakid, a San Francisco-based edtech startup, raised $35m in Series B funding.
– The round was led by Owl Ventures and joined by Goodwater Capital, and existing investors.
– The company plans to use the funding to get more students into its universe of tools, as well as help Novakid expand into international markets with high populations of speakers who want to learn English.

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Artificial Intelligence EdTech Enterprise Software Human Resources Machine Learning North America

Talview Nabs $15M Series B Financing

– Talview, a leading provider of an end-to-end, AI-powered hiring and proctoring solution, today announced it closed $15m in Series B funding.
– The round was led by Silicon Valley investor Eileses Capital with participation from existing investors Storm Ventures, Inventus Capital and Emergent Ventures.
– Kishore Bopardikar, Co-founder at Eileses Capital LLC, will join the Talview board, while Arun Penmetsa, Partner at Storm Ventures, will continue on the board.

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E-Learning EdTech Information Technology North America Video Conferencing

Class Technologies Closes $105M Series B

– Class Technologies, an edtech platform, has raised a $105M Series B round.
– Led by the Softbank Vision Fund, the round also includes GSV Ventures, Emergence Capital, Maven Partners, Owl Ventures, Insight Partners, SWaN & Legend Venture Partners, Rise of the Rest Fund, Learn Capital, Reach Capital, Slow Ventures, Sound Ventures, Chimera Investment, Daher Capital, Guy Oseary, Bill Tai and Tom Brady.
– The company was founded by education software pioneer Michael Chasen.

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EdTech Education Internet North America Virtual Workforce

Global eLearning Innovator OpenSesame Receives $50 Million Strategic Growth Investment from JMI Equity and Existing Investors

– OpenSesame, a market-leading SaaS global elearning innovator, announced a $50 million investment led by JMI Equity, a growth equity firm focused on investing in leading software companies, with participation from existing investors FTV Capital and Altos Ventures.
– This growth investment will strengthen OpenSesame’s ability to accelerate its global expansion, extend its technology platform through product-led M&A, and continue adding value for its global customers.
– As a result of COVID-19 and the dawn of the work from home era, companies around the world were forced to rethink the way they train and develop their organizations.

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E-Commerce E-Learning EdTech Education Western Europe

LearnWorlds Secures $32M in Growth Funding from Insight Partners to Help Educators Create and Sell Online Courses in a Post-Pandemic World

– LearnWorlds announced that it has secured a $32m minority investment by global venture capital and private equity firm Insight Partners.
– LearnWorlds provides a no-code, white-label, all-in-one platform where educators and content creators can create, host, market, and sell highly interactive and engaging online courses.
– LearnWorlds plans to use the funding to advance its product roadmap, boost its customer success and accelerate marketing and sales focused on SMBs.

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E-Learning EdTech Education Southeast Asia

Indonesian edtech startup Gredu raises $4M Series A to keep teachers, parents and students engaged with one another

– Gredu, a startup that provides software for schools and universities, raised $4m in Series A funding.
– The round was led by Intudo Ventures, an Indonesia-focused venture capital firm, with participation from returning investor Vertex Ventures.
– The startup was created to give everyone involved in the educational process—school administrators, teachers, parents, guardians and students—apps that let them keep track of everything and communicate with one another.

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EdTech Education SaaS Universities Western Europe

Unibuddy Raises $20M in Series B Funding

– Unibuddy is a New York-based university recruitment platform.
– Company raised $20m in Series B funding.
– The round was led by Highland Europe with participation from Stride.VC.
– The new investment will be aimed at expanding operations, accelerating growth and the company’s business reach.

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Artificial Intelligence Eastern Asia EdTech Education Information Technology Machine Learning Q&A

Mathpresso Raises $50M in Series C Funding

– Mathpresso, a Seoul, South Korea-based provider of a K-12 mobile learning app, raised $50m in Series C funding.
– The round was led by Yellowdog, GGV Capital, Goodwater Capital, KDB, and SKS Private Equity with participation from SoftBank Ventures Asia, Legend Capital, Mirae Asset Venture Investment, and Smilegate Investment.
– The company intends to use the funds to strengthen its AI-based techniques of recommendation algorithms and develop localized business models for its regional offices in Indonesia and Thailand.

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E-Learning EdTech Education North America

Age of Learning Announces $300M Investment

– Age of Learning from Los Angeles is a leading education technology innovator, creating engaging and effective learning resources to help children build a strong foundation for academic success.
– The company announced a $300 million equity investment in the company.
– The round is led by TPG and includes Qatar Investment Authority (QIA) and Madrone Capital Partners.

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Apps Continuing Education EdTech Education Western Europe

GoStudent Raises €205M in Series C Funding; At €1.4 Billion Valuation

– GoStudent is a Vienna, Austria-based edtech company.
– The company raised €205M in Series C funding.
– The round was led by new investor DST Global with participation from new investors SoftBank Vision Fund 2, Tencent, Dragoneer and existing investors Coatue, Left Lane Capital and DN Capital.
– The new investment will be used to further develop its presence in Europe, expand overseas, launching in Mexico and Canada this summer, and invest in branding, product development and first acquisitions.

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Big Data EdTech Education North America Software

Formative Announces $70 Million Minority Growth Investment to Accelerate Impact in K-12 Classrooms

Formative, a web-based student response platform, has closed a $70 million minority investment led by growth investor Summit Partners. Existing investors Emerson Collective, Fika Ventures, Mac Ventures, and Rethink Education also participated. The company will use this capital to expand international reach, increase teacher and administrator support, and fuel product enhancement efforts. Tom Jennings, a Managing Director at Summit Partners, will join Formative’s Board of Directors.
Craig Jones, Co-Founder and CEO of Formative, transferred his experience as a classroom teacher into a SaaS platform that improves student outcomes and educator effectiveness by accelerating the student-teacher feedback loop. It provides actionable visualizations of student comprehension and achievements and allows teachers to give live assignments to students, enabling instant teaching adjustments and long-term student growth tracking.
Designed for physical, virtual or hybrid classrooms Formative continues to see more students on the platform during the pandemic. It’s COVID-19 Assistance Program provided free access to its full platform for approximately 5,000 schools and districts.

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Artificial Intelligence EdTech Education Internet North America Software

ApplyBoard Announces C$375M Investment Round with a Valuation of C$4B to Meet Expanding International Student Demand

– ApplyBoard has raised C$375m in Series D funding at a post-money valuation of C$4bn.
– The round was led by Ontario Teachers’ Pension Plan Board.
– TIP focuses on late-stage venture and growth equity investments in companies developing innovative technologies.
– Existing investors Fidelity Management & Research Company LLC, BDC, Harmonic, Index Ventures, Garage Capital, and Blue Cloud Ventures also participated in the round.
– Since its founding, ApplyBoard has raised C$600m.
– ApplyBoard is on a mission to educate the world by democratizing access to international educational opportunities.

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Corporate Training Eastern Asia EdTech Education Language Learning Tutoring

Seoul-based Ringle raises $18M Series A for its one-on-one English tutoring platform

– Ringle, a South Korea-based English tutoring platform, raised $18m in Series A funding.
– The round was led by returning investor Must Asset Management and joined by One Asset Management, MoCA Ventures, and Xolon Invest.
– The company plans to launch a program for school kids later this year, and also has plans to open offline educational spaces in South Korea and the United States.
– Ringle currently has 700 tutors, who are pre-screened by the company, and 100,000 users.

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Career Planning EdTech Education Employee Benefits North America

Guild Education valued at $3.75 billion with newest round

– Guild Education, a lifelong learning platform, raised $150m in Series E funding.
– The round was led by Bessemer Venture Partners, Cowboy Ventures, D1, Emerson Collective, General Catalyst, GSV, Harrison Metal, ICONIQ, Redpoint and Salesforce Ventures.
– The company plans to grow its coaching team, expand its learning marketplaces with more short-term certificate opportunities and double down on its outreach with historically Black colleges and universities.

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CRM EdTech Lead Generation Marketing North America Software

Kajabi: $550 Million Funding And Over $2 Billion Valuation

– Kajabi is an e-commerce platform for knowledge economy.
– The company raised $550m in growth equity financing.
– The round was led by Tiger Global Management and also included TPG, Tidemark, Owl Rock Capital, and Meritech Capital.
– Kajabi intends to continue scaling its team and building best-in-class products, expand internationally, and explore strategic mergers and acquisitions that can further expand its product portfolio and geographic reach.

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Audio Audiobooks Children Content EdTech Hardware Internet Radio Music Podcast Western Europe

Audio Platform For Kids Yoto Raises $17 Million

– Yoto is an audio platform for kids.
– The company raised $17m in Series A funding.
– The round was led by Acton Capital with participation from JamJar Investments, Global Founders Capital, Emerge Education, and MPL Ventures.
– Yoto Player is inspired by Montessori principles and is designed to safely give children full control over their listening with access to entertaining audio.

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Artificial Intelligence Eastern Asia EdTech Machine Learning Tutoring

Korea’s Riiid raises $175M from SoftBank to expand its AI-based learning platform to global markets

– Riiid, a Seoul-based edtech startup, raised $175m funding.
– The funding was led by SoftBank’s Vision Fund 2.
– The company plans to use the investment both to expand its footprint internationally, as well as to expand its products.
– Riiid has primarily made a name for itself through Santa, a test prep app geared toward people in non-English-language countries to practice and prepare to take the TOEIC English language proficiency exam (often a requirement to apply to English-language universities if you’re not a native English speaker), which has been used by more than 2.5 million students in Korea and Japan.

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EdTech Financial Services FinTech North America

Leif Secures Strategic Financing Round Totaling More Than $60 Million

– Leif has completed a strategic financing round totaling more than $60m.
– The financing included LL Funds, LLC committing a new $50m credit facility and Insita Group LTD making an equity investment.
– Leif is the Tuition Finance Management Platform that provides end-to-end, outcomes-aligned tuition financing solutions to help industry leading education providers across a variety of fields unlock full program growth and potential.

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EdTech Education North America Training

MasterClass Raises $225M in Series F Funding

– MasterClass, a San Francisco, CA-based streaming platform for anyone to learn from the best professionals in their specific field, raised $225m in Series F funding.
– The round was led by Fidelity Management & Research Company with participation from new investors Baillie Gifford, Balyasny Asset Management and Eldridge together with existing investors IVP, Javelin, NEA and Owl Ventures, and 01 Advisors, Atomico, Bonnier, Cleo Capital, Dan Capital, NewView Capital, NextEquity Partners, Outlier Ventures, Powerhouse Capital, RPS Ventures, Family Office of Ronald Lauder and UTA.

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EdTech Education Training Western Europe

OpenClassrooms raises $80 million for its online education platform

– French startup OpenClassrooms has raised $80m funding.
– The round was led by Lumos Capital Group and joined by GSV, CZI, and Salesforce Ventures.
– Existing investors General Atlantic and Bpifrance also participated in the round.
– The company operates an online education platform in French and English.
– Users can choose among 54 training programs and get a diploma at the end of the program.
– The company guarantees that you’ll find a job.
– In 2020, 4,300 students found a job or received a promotion after participating in an OpenClassrooms program.

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Artificial Intelligence EdTech Education North America Software Web Apps

Honorlock Raises $25M as Demand for Remote Learning Grows

– Honorlock announced it has raised $25m Series B funding led by Owl Ventures with participation from Defy Partners, Arsenal Growth and existing investors to further accelerate growth and enter new markets.
– Just one year ago, Honorlock raised $11.5m Series A funding to accelerate technology investments and talent aimed at supporting its quick ascent to exclusively serve top higher education institutions across the world.
– Honorlock’s AI plus human-touch proctoring platform enables academic institutions and organizations that provide customer and partner education to offer remote assessments while protecting exam integrity and creating a fair and equitable environment for learners.
– Demand accelerated during the pandemic when schools and businesses closed their doors and remote learning became the new norm for college students and workers seeking professional development and certifications.

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Corporate Training E-Learning EdTech Education North America Training

ExecOnline Raises Additional $45 Million to Extend Market Lead as Pioneer in Online B2B Leadership Development Space

– ExecOnline, the pioneer of online leadership development for enterprises, today announced a Series D funding round of $45m USD led by OMERS Growth Equity.
– All of ExecOnline’s major existing investors are also participating in the round, including Kaplan, ABS Capital Partners, NewSpring, and Osage Venture Partners.
– As a result of the transaction, Saar Pikar, Managing Director with OMERS Growth Equity, will join the ExecOnline board of directors.
– ExecOnline partners with elite business schools like Berkeley Haas, Columbia, Stanford GSB, and Wharton, and leverages its unique applied learning approach and proprietary online platform to deliver participant completion rates above 90%, impressive NPS scores, and strong ROI for the enterprise.

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Association EdTech Education Management Consulting Non Profit North America

Higher Ground Education Raises $30M Series D; Acquires FreshGrade

– Higher Ground Education, Inc. from Lake Forest, CA, raised $30M USD in Series D funding and acquired Kelowna, British Columbia digital portfolio and assessment platform provider FreshGrade.
– The round was led by Learn Capital and attracted new investor Kapor Capital as well as existing investors, including the Chan Zuckerberg Initiative.
– The company intends to use the funds to make continued investments in curriculum development, training, technology, and global growth.
– Higher Ground Education operates Guidepost Montessori, a network of Montessori schools with over 80 locations across the US and China.

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Apps Career Planning College Recruiting EdTech Education Europe Recruiting

Springpod Raises £2.25M in Series A Funding

– Springpod is a London and Liverpool, UK-based careers network that connects young people with employers & education providers.
– Company raised £2.25M in Series A funding.
– The round was led by Triple Point, Cass Entrepreneurship Fund and Alliance Fund Managers, MSIF‘s fund management subsidiary, alongside participation from existing investors.
– The new investment will be used to launch its platform in new international territories.

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