K-12 Dealmaking: Renaissance Acquires Phonics Assessment Company KeyPhonics

Staff Writer
K-12 dealmaking

The major assessment and analytics provider Renaissance has acquired KeyPhonics in a move that will expand the company’s early literacy assessment offerings.

KeyPhonics is a web-based phonics assessment for grades 1-6 which can screen and diagnose the twelve most critical phonics categories and more than 100 different target patterns, according to the company.

The acquisition will add this phonics data to the insights Renaissance offers teachers about students’ reading proficiency.

“Detailed awareness of a child’s mastery of phonics skills is one of the most important indicators of early literacy,” said Todd Brekhus, chief product officer at Renaissance, in an statement, “and we know it is a top priority for teachers and reading specialists to have actionable data they can use to inform their instruction.”

This is the latest in a string of acquisitions for the company based in Wisconsin. Renaissance previously expanded its foundational literacy offerings when it acquired Lalilo, a K-2 digital literacy program, last year.

Also in 2021, Renaissance acquired Nearpod, which provides interactive lessons, videos, and formative assessment.

Course Hero acquires Scribbr. Ed tech startup Course Hero has acquired Scribbr, a proofreading, editing, and citation service for academic writing.

The acquisition helps expand Course Hero’s international reach, according to the company. Scribbr, based in the Netherlands, says it has an global network of expert academic editors providing support across 10 European languages.

The acquisition “accelerates our vision of helping learners of all backgrounds succeed in the classroom,” said Andrew Grauer, co-founder and CEO of Course Hero, in a statement.

This is the latest in a series of acquisitions for Course Hero since 2020, including CliffsNotes, LitCharts, and QuillBot. The company, now headquartered in California, was founded in 2012.

Classplus raises $70 million. Indian edtech startup Classplus raised $70 million in a Series D funding round.

Classplus, founded in 2018 and based in Delhi, offers a digital platform for coaching centers, helping teachers, tutors, and creators build and sell courses to students.

The round was co-lead by Alpha Wave Global and U.S.-based Tiger Global Management with participation from Chimera Ventures and RTP Global.

This comes less than a year after the startup raised $65 million in a Series C funding round.

Follow EdWeek Market Brief on Twitter @EdMarketBrief or connect with us on LinkedIn.


See also: