CORPORATE LEARNING SYSTEMS
PRnewswire | April 04, 2023
Spark Education Group ("Spark"), one of the world's largest provider of small-group online classes for K-12 education, is celebrating 5 years since its first online class in March 2018. With its award-winning programs such as Spark Math, the edtech has served over 650,000 students in more than 100 countries and regions.
Since its inception, Spark Education has focused on prioritizing students' learning experience for optimal education outcomes. Its team of over 1,000 curriculum researchers and designers use research-based, proven teaching methods, focusing on building a strong foundation with deep understanding rather than memorization. The company's investments in interactive technology to create proprietary systems and courseware ensure students are engaged and able to connect in real-time with teachers and peers. Taking a collaborative approach with pedagogy experts, curriculum designers, child psychologists, engineers, and designers, Spark has set out to challenge traditional classrooms and ways of learning, to re-imagine what the optimal learning experience could be for kids. This has resulted in improved academic performance and strong problem-solving skills in Spark's students. Parents have been strong supporters of Spark's programs with about up to 80% annual renewal rate and about 77% of new students coming from current student referrals in some regions.
The launch of the Canadian Spark Education Learning Center coincides with Spark's 5th anniversary. With a student-centric education philosophy, the center will offer fun and engaging classes including math, language learning, problem solving and more. Lessons are designed to empower students to learn, visualize, and connect real-life experiences to classroom content.
"We are extremely proud to launch Spark's first learning center in Vancouver, which has already attracted not only local families but also those who drive from further afield," said Susan Pan, Head of Canada Spark Education Learning Center. "We firmly believe that our interactive learning experience will make learning math and languages more fun and effective for Canadian students, and we look forward to continuing to expand our physical locations to increase our impact."
The center provides an opportunity for students and parents to see and interact with the Spark Education experience, talk with its teachers, and maybe even meet some of the main characters from their class adventures, all in a welcoming and educational space. This marks another step in the edtech's mission to spark passion for learning, igniting lifelong growth.
About Spark Education Group
Founded in 2017, Spark Education Group is headquartered in Singapore. Its portfolio of education brands aims to combine research-based pedagogy with technology to improve the learning experience and education outcomes for students around the world. It was recently awarded "Best Interactive Learning Experience" at EdTech Asia, and recognized as a Parent and Teacher Choice Award Gold Medal Recipient.
Businesswire | April 27, 2023
Summer, the certified B Corp committed to addressing the national student debt crisis, announced that it has raised $6M in new capital, with $18M raised in funding to date. General Catalyst, QED Investors, Flourish Ventures, Greycroft, Story Ventures, Gaingels, Calm VC, Partnership Fund for NYC, Fenway Summer, BDMI, and Avidbank participated in the financing.
The company also announced it has surpassed $1 billion in total projected savings for borrowers, and it has hired Leigh Gross as Chief Revenue Officer to lead partnerships with recordkeepers and other financial institutions interested in Summer Secure, the company’s automated solution for SECURE 2.0 retirement matching.
Student loan debt in the United States now stands at $1.75 trillion, according to the Federal Reserve, exceeding credit card and auto debt. It is often the first meaningful debt that young people incur, and can lead to a domino effect on their financial life–making it harder to save for retirement or buy a home years after graduating. Summer works with leading financial institutions, employers, and unions to provide a high impact, comprehensive digital solution that helps individuals plan for college costs, reduce the burden of student loan debt, and optimize retirement savings. To date, the company has delivered more than $1 billion in total projected savings for borrowers across the United States, offering assistance on every leg of the personal finance journey.
“We’re thrilled to announce this new funding, especially at a time when the need for better college planning and student loan solutions has never been more acute,” said CEO and co-founder Will Sealy. “As student loan forgiveness hangs in the balance and payments are set to resume for the first time in years, we’re excited to share our solution with more people to enable them to unlock financial freedom.”
Summer’s funding comes at an exciting time for the business as it continues to expand partnerships with retirement recordkeepers and payroll providers on the heels of its partnership with Fidelity Investments in 2022. Due to the recent passage of the SECURE 2.0 Act, many institutions are turning to Summer to support their employer clients with student loan retirement matching, leveraging Summer’s digital API suite and its expertise with operationalizing complex student loan policies into high-adoption solutions.
In a recent survey, 91% of employees with student debt said they would save more money for retirement if their employer offered a student loan repayment program. By ensuring that an employee’s student loan payments count toward the retirement match provided by their employer, Summer’s workplace solution can relieve student loan borrowers from having to make an impossible decision between paying down their debt or saving for retirement.
Summer was founded in 2017 by Sealy, a former Policy Analyst and Assistant to Sen. Elizabeth Warren and a veteran of the Consumer Financial Protection Bureau, Chief Product Officer Paul Joo, with previous experience at the U.S. Attorney’s Office and the Boston Consulting Group, and Chief Product Officer Vincent Tran, who previously led product at Pave and Orchard and was an investor at the Partnership Fund for NYC.
Summer’s recent partnership milestones include a student loan benefit launched with Intuit’s personal finance subsidiary, Credit Karma, and an expanded partnership with the American Federation of Teachers to support their 1.7 million teachers, government employees, and healthcare workers. Summer will use the new funding to expand the platform to help even more borrowers with a holistic approach to financial well-being.
Summer partners with financial institutions and employers to empower their populations to reduce education costs and student debt through proven technologies, policy expertise and human support. Founded in 2017 by industry experts, Summer’s mission is to alleviate student loan debt for 46 million borrowers by providing leading solutions for college cost planning, automated enrollment for loan assistance plans, tuition assistance, student loan contributions and retirement matching, and emergency savings. Summer is a certified B Corporation.
Businesswire | May 18, 2023
Flatiron School, a global provider of technical education, launched curriculum enhancements designed to teach students how to leverage powerful, emerging artificial intelligence (AI) tools.
The curriculum enhancements affect Flatiron School’s four disciplines - software engineering, data science, cybersecurity, and UX / UI product design - and come at a time where AI requirements are increasingly appearing in job descriptions. For the past 10 years, Flatiron School has been committed to keeping curriculum modern, aligning with the ever-evolving tech landscape. Now, as new AI tools emerge, Flatiron School continues to lead tech education in providing students with the skills needed to thrive in today’s job market.
“Even as AI reshapes the industry, we expect demand for tech talent to remain strong,” said Kate Cassino, Flatiron School CEO. “The most competitive talent will have the skills needed to unlock the full potential of AI, and that’s why now is the time to invest in our students. Our latest curriculum enhancements empower students with the skills needed to not only excel in an evolving job market, but also to advance the future of tech through innovation.”
The enhancements cover topics such as machine learning, natural language processing (NLP), and prompt engineering. Students will learn how to use generative AI as a research tool, effectively communicate with AI chatbots, build AI models, and leverage machine learning (ML) for testing. Curriculum enhancements include:
• Software Engineering. Discover how AI can help with code debugging, enable code completion, and integrate AI features into apps. Students will also learn prompt engineering and how to successfully correspond with chatbots.
• Data Science. Learn the fundamentals of AI theory, including concepts such as data leakage, overfitting, and regularization. Students will also learn scikit-learn (a popular AI library for Python programming language) as well as how to build AI models for text data (also known as natural language processing).
• Cybersecurity. Gain experience leveraging AI and machine learning for threat intelligence feeds, vulnerability and penetration testing, and detecting anomalous and behavioral events. Students will also learn how bad actors could leverage AI to crack encryption.
• UX / UI Product Design. Explore how to co-create with AI for inspiration, as well as how to analyze potential biases in AI-generated design solutions. Students will also learn about the implications of AI on intellectual property, how to develop user journeys with generative AI, and how to use natural language processing to automate identification of patterns in user data.
Taught by instructors with real-world experience, Flatiron School’s courses are offered online or in-person on New York City or Denver campuses. Students can choose full-time or part-time programs, which are paced between 15 and 60 weeks. Upon graduation Flatiron School provides up to 180 days of 1-on-1 career coaching.
Since 2012, Flatiron School has been an education innovator, training over 10,000 graduates in software engineering, data science, cybersecurity, and product design. Flatiron School works with students, universities and colleges, and industry-leading companies around the world to provide essential technical training. When it comes to landing a job, Flatiron School graduates have a proven track record of success thanks to experienced instructors and dedicated career coaches.