PRnewswire | July 04, 2023
Newsela, the leading K-12 instructional content platform, announced today that it has acquired Formative, the leading real-time instruction and assessment platform. This acquisition brings together two beloved classroom products to provide a comprehensive instructional solution that engages students and accelerates learning.
"Newsela has led the transition away from static classroom instructional materials to become the digital platform of choice for teachers seeking to accelerate student growth with accessible, real-world content and scaffolding activities that support all learners," said Pep Carrera, Chief Executive Officer at Newsela.
"Combining Newsela's best-in-class, accessible content with Formative's data-rich assessment activities will give students and teachers the complete, meaningful learning experience they want, while providing the deep insights that teachers and administrators need to effectively impact student outcomes."
Craig Jones and Kevin McFarland founded Formative as graduate students at UCLA in 2013. Today, Formative is used by educators and administrators globally and has a presence in the majority of U.S. school districts. In the past year alone, more than four million students have engaged with the platform.
"All teachers know the importance of being responsive to their students, but that individual attention requires a lot of time and resources. As a teacher, I saw greater improvements when I had the time to provide daily formative assessments, targeted intervention, and quicker feedback loops. Formative was created to apply this approach at scale, so teachers can do it better, faster, and take swift action with real-time data," said Craig Jones, Co-Founder and CEO of Formative. "Our goal was to give teachers the most effective tool for assessment and analysis. Now, the most effective assessment tool can be used with the best content."
As school districts look for the best pathways to improve student outcomes following the disruption of the pandemic, the role of formative assessments in concert with authentic, engaging content, could not be more critical in the effort to accelerate learning. Teachers will soon be able to apply Formative's powerful technology to Newsela's 15,000+ content library to gauge learning immediately, provide even more powerful scaffolds and support, while course-correcting in real time to meet academic goals throughout the year.
"We've learned that schools can have the best assessments and the best content, but that won't matter if teachers don't have the resources to make actionable changes based on data. Formative's success to date has been giving teachers real-time data that helps make informed decisions," said Kevin McFarland, Co-Founder and COO of Formative. "Now with Newsela, teachers will have all the resources—the best content and the best assessments—to help students achieve their goals."'
Built by teachers for teachers, Formative's mission is to accelerate learning and close the opportunity gap for all students. Formative empowers educators to super-charge their existing lessons and teaching tools into data-rich, formative-learning experiences across every grade level and subject matter. Formative's world-class Customer Success team ensures that administrators and teachers get the most from the platform, providing expert support for any level of technology in the classroom.
Newsela is an education technology company dedicated to meaningful classroom learning for every student. With over 15,000 authentic texts published at five reading levels, teacher scaffolding tools and activities, and flexible formative assessments, Newsela's products provide K-12 teachers with the instructional content they need to support and grow every learner.Newsela's platform is backed by learning science and purpose-built to drive outcomes and unlock student motivation. Today, over 3.3 million teachers and 40 million students have registered with Newsela for relevant, real-world content that accelerates learning and engages every learner.
PRnewswire | July 12, 2023
School of Rock, the leader in performance-based music education with over 335 schools across 15 global markets, is looking to expand its presence in Orlando, Fla.
"With Florida ranked third in the U.S. for small businesses, it has become a vibrant hub for entrepreneurs, attracting American and international visionaries alike," said Rob Price, CEO of School of Rock. "Recognizing the tremendous potential this state holds for our music education franchise, we are eager to bring the transformative power of School of Rock to Orlando by nurturing talent, fostering creativity, and empowering individuals to pursue their musical passions. We aim to contribute to Florida's vibrant cultural landscape and inspire communities across the Sunshine State."
School of Rock provides students of all ages an exciting and engaging music education experience, which includes bass lessons, guitar lessons, singing lessons, drum lessons, and piano lessons. Drawing from all styles of rock and roll, School of Rock students learn theory and techniques via songs from legendary artists such as Aretha Franklin, Lenny Kravitz and Led Zeppelin. Thanks to the school's patented performance-based approach, students around the world have gained superior musical proficiency, with some moving on to record deals and larger platforms such as American Idol, The Voice and Broadway.
With over two decades of experience, the world's largest music education franchise provides entrepreneurs with the opportunity to quickly plug into a global brand with a proven business model, a trailblazing educational approach, and a franchisee-focused culture. Through the power of music, prospective franchise investors have the ability to positively impact the lives of their students and their community as a whole.
"As owners and operators of multiple School of Rock locations for 15 years, we continue to witness firsthand the ongoing significance of active involvement in an organization like this," said Burny Pelsmajer, owner of multiple School of Rock locations across Florida. "Countless students have passed through our walls, who have benefited not only from arts education in general but have grown into capable, creative, socially well-adjusted young adults because of the School of Rock culture and teaching approach. We're not making musicians. We're creating butterflies out of caterpillars."
The initial investment for a School of Rock franchise is approximately $395,800 – $537,400 including a $49,900 franchise fee. Ideal candidates, or groups of investors, will have a net worth of $350,000, of which $150,000 is liquid. Additionally, U.S. military veterans receive a special discount on their initial franchise fee.
About School of Rock
School of Rock helps aspiring musicians master skills, unleash creativity, and develop tools they need to thrive in life. Founded as a single school in Philadelphia, Pa., in 1998, School of Rock has become a rapidly growing international franchise with over 500 schools open and in development across 15 global markets. Since 2009, School of Rock has grown its student count from 4,000 to over 60,000. School of Rock offers a wide variety of music lessons, including guitar lessons, singing lessons and piano lessons. The company also sells musical instruments and music gear through its GearSelect program. School of Rock is proud to support Music Will (formerly Little Kids Rock), the National Museum of African American Music (NMAAM), and the Society for the Prevention of Teen Suicide (SPTS). School of Rock was awarded US Patent 10,891,872 in 2021 for its innovative music education method. School of Rock also has garnered the following industry awards: 2023 Global Franchise Grand Champion; 2023, 2022 and 2021 Global Franchise's Awards Best Children's Service and Education Franchise; 2023 Entrepreneur Magazine's Franchise 500 Top Children's Music Enrichment Brand; 2021 Franchise Innovation Award for Most Innovative Use of Customer-Facing Digital Tools; Franchise Business Review's 2023 Top 200 Franchises and Culture 200 list; 2020 Entrepreneur Magazine's Top 200 Franchise and the #1 Child Enrichment Franchise; and 2018 Forbes # 2 Best Franchise Medium-Level Investment Award and the #1 Music Franchise in America.
Entrepreneurs and Leaders
PRnewswire | August 02, 2023
Instructure, the leading learning platform and maker of Canvas, today announced enhanced and expanded Instructure Learning Platform solutions, further demonstrating the company's ongoing commitment to innovation in edtech and its mission to make teachers' work easier and improve student success. Today the company unveiled enhancements centered around core teaching and learning, advanced analytics, lifelong learning and platform integration during InstructureCon 2023, the company's annual user conference held July 26-28 in Denver.
Core Teaching and Learning
To better support millions of educators and learners using Canvas around the world, Instructure showcased continued innovation to their core teaching and learning solutions, all designed to save educators time, personalize learning experiences for students and simplify complex tasks for administrators. Today, AI-assisted course templating was announced, giving educators and instructional designers the power to quickly create elegant page layouts using dynamic methods, making courses both more engaging and intuitive. This latest release, soon available in beta, joins the growing list of new functionalities specifically designed to improve educator efficiency and reduce administrative tasks, such as bulk publishing for modules, enhanced Gradebook filters, Course Pacing and the ability to submit assignments on behalf of students. Students also gain a more personalized, equitable experience from Canvas solutions with tailored in-context support, like the beta AI-powered right-and-wrong answer rationale and integration of AI writing tutor Khanmigo, made available through the just-announced partnership with Khan Academy. These tools give instructors supplemental AI-powered tools to support students in and out of the classroom. "This work underscores our continued commitment to build the extensibility and advanced capabilities of Canvas products, while also promoting simplicity for both educators and learners," said Shiren Vijiasingam, Instructure's Chief Product Officer. "With the introduction of AI capabilities into our core products—both with our own innovation and that of our strategic partners found in our beta emerging AI marketplace—we aim to meet the immediate and future needs of our community with substantive improvements that help to drive best practice in pedagogy and curriculum."
Building upon the rapid adoption of the new data pipeline for Canvas Data 2 and the recently released Canvas Admin Analytics, included in Canvas LMS, Instructure also showcased new advanced analytics solutions now available in beta. This allows administrators to personalize the way they see and interact with their data in a fraction of the time. Injecting conversational AI into Instructure analytics products empowers educators to ask deeper questions of their data using everyday language. This results in more timely, actionable insights to drive better outcomes for students.
In response to rapidly evolving labor markets and growing demand for alternate educational paths, Instructure's new streamlined offering of Canvas LMS, Canvas Credentials and Canvas Catalog provide institutions with a turnkey solution to diversify course offerings, attract new learners and drive continued institutional growth. As an evolution of this offering, today the company previewed innovative work in credentialing and learner records. Instructure is launching a learner passport in beta designed to empower learners to carry stackable, verifiable evidence of the competencies acquired throughout their learning journey. "We believe the future requires a portable, shareable record to show the skills and achievements an individual mastered with either employers or institutions," Vijiasingam said. "We know that learners are looking for alternative paths to employment and education and this gives them the power to pursue their own unique learning journeys."
To realize the company's mission of delivering the most comprehensive, seamless learning platform on the market, Instructure showcased new deep integration between their solutions, like Canvas LMS and assessment management system Mastery Connect, and a seamless learning experience across Canvas LMS, Canvas Catalog and Canvas Credentials. This cohesive platform experience is strengthened by a foundation of data brought to life by advanced analytics. As part of the platform, the Instructure Community, edtech's largest online community, now has PandaBot, an AI-powered chatbot available to all community members. "Whether educators and learners are using Instructure products or other educational technologies on the Instructure Learning Platform, they deserve an experience that puts teaching and learning front and center," said Steve Daly, Instructure's Chief Executive Officer. "Removing the barriers between these solutions allows everyone to navigate freely so they can focus on the content of their education and not the tech. Today we shared our vision of what a cohesive platform experience could and should look like–and our strategy to get there."
InstructureCon 2023, Instructure's professional learning event for educators and edtech users, with a 2023 theme of Making Moments, features prominent keynotes from Deepak Chopra, Arianna Huffington and Dr. Jordan Nguyen. With more than 130 sessions from fellow educators and inspiring thinkers, InstructureCon addresses some of the most impactful edtech insights and tips on resilience, wellness and self-care for educators. This year's InstructureCon event takes place July 25-28, at the Gaylord Rockies Resort and Convention Center in Denver.
Instructure is an education technology company dedicated to elevating student success, amplifying the power of teaching, and inspiring everyone to learn together. Today the Instructure Learning Platform, comprised of its flagship product Canvas LMS and several products serving K-12 and higher education, supports tens of millions of educators and learners around the world.