Preply, which was founded in Ukraine, offers a language learning platform that connects students to live tutors.
The State of Education M&A in 2023
An Adviser to Companies Making Deals Talks About Forces in Play, From Interest Rates to AI
EdWeek Market Brief spoke to a technology M&A adviser about the landscape of ed-tech deals and the factors that will continue to shape the market.
In other noteworthy deals, a Mexican ed-tech company company that makes payment software for private schools raised $19 million in GSV-led round.
The transaction, which pairs a provider of student information systems with a communication platform, is expected to close in the third quarter of 2023.
Brazilian ed-tech company Teachy said it raised $1.6 million in a pre-seed round to fuel growth of its AI-powered teacher prep product.
The ed-tech content provider Newsela is expanding its ability to provide real-time assessment results to its users through its acquisition of the company Formative.
The new fund is Luxembourg-based Brighteye’s second and is focused on European ed-tech startups raising seed and Series A funding rounds.
Nonprofit? Ties to University? The Business Structures That Districts Like to See in Vendors
An EdWeek Market Brief Survey Asked K-12 Officials Whether a Vendor's 501(c)3 Status Is a Strength
An EdWeek Market Brief survey looks at whether a vendor’s nonprofit status and other affiliations helps it win the confidence of school districts.
Swing Education’s funding round comes as schools have been relying heavily on substitutes to help fill open teaching positions.
Venture Capital Has Plummeted in Education. How Can Companies Find Alternate Financing?
An Adviser to Ed-Tech Companies Sees Attractive Options for Borrowing During Lean Times
Ash Kaluarachchi, who helps ed-tech companies find sources of capital that fit their needs, talks about the decline in VC funding and alternatives for businesses.