K-12 Dealmaking: GreatSchools Acquires Schoolie; n2y, Thrivist Gain Funding

Contributing Writer

In the latest dealmaking news, GreatSchools acquired a school data provider while ed-tech firms including n2y and Thrivist obtained funding.

GreatSchools Acquires Schoolie: GreatSchools, an Oakland, California-based nonprofit education organization, has acquired school data provider Schoolie, according to a statement. Terms of the deal were not disclosed.

Schoolie’s school quality data will be incorporated into GreatSchools’ website in the coming months, and “will help parents more efficiently compare and evaluate academic rigor and understand how well schools provide access to a well-rounded education,” the companies noted in the statement.

GreatSchools said it plans to analyze the new Schoolie data to identify how many students gain exposure to high level courses vs. basic courses.

The purchase follows a collaboration this past June between GreatSchools and the U.S. Department of Education on the Civil Rights Data Collection. Together with the CRDC data and the new Schoolie information and analysis, GreatSchools will be able to “highlight issues of equity and opportunity in schools across the United States,” according to GreatSchools.

Ed-Tech Firm n2y Receives Funds: n2y LLC, a developer of education curricula and teaching materials for K-12 students with special needs, has received an investment from The Riverside Company. The amount of the investment was not disclosed.

Riverside will work with n2y’s management team “to continue to deepen and expand the customer base, add complementary new products, enhance teacher training and development efforts, and pursue strategic add-on opportunities,” according to a statement.

Based in Huron, Ohio, n2y offers its products to teachers and school administrators through a cloud-based subscription platform.

E-Learning Platform Thrivist Gains Investment: Angel investor Crimson Ventures has taken a minority position in K-12 learning and analytics platform Thrivist, LLC. Financial terms of the investment were not disclosed.

Franklin, Tenn.-based Thrivist said its platform “enables schools to develop, deliver, and manage online learning and leverage learning analytics to improve outcomes,” according to the company, which notes that software is offered via a software-as-a-service model and is being used in more than 25 school districts.

Modo Labs Gains $10 Million: Cambridge, Mass.-based Modo Labs, a provider of mobile engagement platform for universities and corporations, has raised $10 million from Education Growth Partners in a B funding round, the company said in a statement.

The new financing “will enhance the company’s ability to scale its product development, customer support and marketing efforts to meet the growing demand for easy-to-use mobile solutions that engage students, employees and customers,” according to Modo Labs.

Yellowdig Raises $1 Million: Yellowdig, a provider of a Software as a Service social learning platform, has received $1 million from SRI Capital, according to a blog posting on Yellowdig’s website.

Philadelphia-based Yellowdig said its solution “forms a social layer on top of existing enterprise learning systems used by majority of universities and organizations to build engaging, collaborative and fun learning experiences in a private and secure way.”

Be sure to check back on Marketplace K-12 for updates on mergers, acquisitions, fundraising, and other dealmaking. Also see EdWeek Market Brief, a service that gives companies operating in the market insights on the needs and priorities of school officials.

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