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2020 is said to be the year of growth for educational technology as COVID-19 pushed schools to go remote. Although New York, the biggest public school system in the U.S. reversed its policy of using the 3% benchmark for school closures, as states continue to be plagued by rising coronavirus cases, educational technology and remote learning must be incorporated into school curriculums.
Early-learning providers is already a crowded market with the fastest growing players having been established for over 10+ years.
Although online learning is about being remote and accessed from a distance, the most popular programs focus on building a sense of community while being apart, offering interactive ways to facilitate discussions, work on quizzes together, and even taking virtual field trips together.
Physical educational facilities are also adding online learning targeted programs to their portfolio in order to compete.
Although these Edtech companies haven’t raised new funding recently, we cannot ignore their achievements.
Imagine Learning was founded in 2004 and is a $150MM+ valued company from Provo, Utah, and focuses on a complete suite of adaptive digital curriculum and assessment solutions for PreK-8. Its parent company is Weld North Education, a company focused on investing in and promoting PreK-12 digital education.
DreamBox Learning was founded in 2006 and provides an online platform for students aligning with the needs of schools and teachers. Although not recent, it received a substantial equity fund of $130MM from TPG Growth in 2018, helping secure it as a leading edtech provider. It is currently led by Jessie Woolley-Wilson.
Achieve3000 is a medium-sized Edtech company located in Lakewood, New Jersey, and was founded in 2000 by Saki Dodelson. The company focuses on PreK-12 instructional solutions and just expanded its portfolio by acquiring Teachonomy, a community designed to equip teachers with the best teaching tools.
Legends of Learning is a small but might private Edtech company that provides game-based learning programs. It was founded in 2016 by Geoff Livingston, Sandy Roskes, and Vadim Polikov in Washington, DC.
BlackBerry gains from partnership with AWS
After announcing a partnership to develop and market vehicle data integration and monitoring platform IVY, BlackBerry is gaining investor interest. Its transformation into a provider of business security and information integration service is proving successful.
Deeper dive into exams efficacy
The Economist looks into disruption to national exams as a result of COVID-19, their vulnerability, and also alternatives.
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