VCs pour funding into edtech startups as COVID-19 shocks the marketplace

VCs pour funding into edtech startups as COVID-19 shocks the marketplace

A couple of weeks back, The Exchange looked into the pace of edtech exits, noting that gradually, the sector has actually provided increasing exit volume. All startup verticals want to demonstrate a history of liquidity, so you might picture that even prior to the COVID-19 pandemic, edtech fundraising was increasing due to its improving exit profile. The […] According to CBInsights information, 13 deals of $100 million or more have actually been raised by edtech startups therefore far in 2020, worth billions of dollars as a group. The CBInsights information also shows that 8 of the 10 top-funded edtech startups are in China, and a chunk of those are focused on English-learning education. Byju’s, coming out of India, is one of the other top-funded edtech startups. …

3 bearish takes on the current edtech boom

3 bearish takes on the current edtech boom

Edtech is booming, but a brief while earlier, numerous business in the category were having a hard time to break through as mainstream offerings. Now, it seems like everybody is clamoring to enter the next seed-stage start-up that has the expression “remote knowing” on its About page. And so begins the typical cycle that takes place when a […] While we’re still in the early days of edtech’s revitalization, it isn’t a gold mine all around the world. …

EdSights raises money to assist schools lower their drop-out rates

EdSights raises money to assist schools lower their drop-out rates

While the concept of baring your soul to a chatbot may seem uneasy, sisters Claudia and Carolina Recchi believe that may be exactly what university student across the United States need today. The duo co-founded EdSights in 2017 to support medium-risk and high trainees to stay in school, and boost university retention rates. EdSights […] EdSights uses a chatbot, branded under a school’s mascot, to send out personalized questions and messages to trainees to understand their greatest stresses. Beyond its chatbot, EdSights has a control panel for administrators to see what percentage of their students are struggling with specific problems at the moment.” Clearly, universities are also startled that students won’t show up in the fall,” she stated. …