KickUp, a Philadelphia company focused on professional learning, raises $1.54 Million in a seed round; and the educational network EduRev, based in India, lures Pre- Series A money.
The number of global ed-tech exits in 2016 is well off last year’s pace, in another sign that the scale of dealmaking has cooled from peaks of a couple years ago, according to CB Insights.
PowerSchool purchased IEP management solution TIENET while ed-tech companies including Speakaboos and FreshGrade received significant investments.
Several companies in the education space, including Age of Learning, brightwheel, SamLabs, CodeCombat and GotIt!, reeled in money from investors.
The acquisition of OpenEd is billed as giving the testing organization greater ability to tailor academic content to students’ needs, based on assessment of their abilities.
The online school management and curriculum provider K12 Inc. has purchased a provider of education software focused on game-based learning, instructional support, and assessment.
The education materials and technology provider buys a wholesaler and book distributor, and ClassDojo, Student.com, and ClassWallet raise investment dollars.
Recent deals include investments in Yup (formerly known as MathCrunch), and in CareDox, a digital health platform for K-12 schools.
There were 418 mergers and acquisitions in the education industry in 2015, up from 329 in 2014, a rise triggered in part by consolidation in K-12, according to investment bank Berkery Noyes.
The Finnish personalized learning platform Claned platform has raised $4.6 Million. The Helsinki-based company says allows users to pick-and-choose education content, learning tools, and applications.