The Next Edtech IPO Might Be This London-Based Language Learning Company

edsurge | January 23, 2020

Of all the education technology startups that could go public next, there’s one that’s likely not on your radar: Busuu, a London-based developer of a language-learning platform. But its co-founder and CEO, Bernhard Niesner, has started to make his case. Niesner claims the company is on track to hit $40 million in revenue in 2020. He says it broke even last year, has reached $14 million in gross bookings, and passed 100 million users at the start of the year with more than 200 corporate clients. And he believes Busuu still has plenty of room to grow in the international and corporate learning markets. “There are so many players out there—and a few emerging winners” in edtech, says Niesner, 40. “We are one of them.”

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Spotlight

Check out this great Power Point Presentation on Teacher's Guide to Classroom Assessments for further understanding .Performance based learning and assessment is describe in detail for educators looking to incorporate theses strategies into their school and classroom. Performance based assessments are somewhat different from authentic assessments.

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EDUCATION TECHNOLOGY

In partnership with clients in the education and charity sectors, Togetherall has been launched.

prnewswire | November 09, 2020

Driving on the web emotional wellness stage, Togetherall, has made sure about $10 million speculation from programming and administrations development speculator, FPE Capital LLP (FPE). The speculation follows Togetherall's quickened venture into the North American market, with an emphasis on US market development, just as proceeded with development over the UK and Canada into advanced education, corporate and wellbeing areas. FPE will sit as the biggest financial specialist close by social effect speculator, Impact Ventures UK (IVUK), finishing up the eighth speculation from FPE Fund II. Togetherall gives a populace based, clinically oversaw online network to help individuals with their emotional wellness through day in and day out mysterious distributed help. Dispatched in 2007 it has helped over a fourth of 1,000,000 individuals to date and almost 90,000 people over the most recent a year. FPE Capital's interest into the online psychological well-being stage supports Togetherall's aspiration of giving a more noteworthy positive effect on all who utilize the administration and will help speed up item advancement and the quantity of assets to individuals. As those looking for emotional well-being treatment face expanded obstructions in getting the help they need, with request regularly exceeding the flexibly of administrations (Center For Mental Health), Togetherall helps with separating hindrances to getting to customary, or coordinated help, just as the shame that frequently comes when connecting for psychological well-being support. A populace based arrangement with the intend to give emotional wellness backing to all, the clinically directed online stage takes into consideration individuals with gentle to direct psychological well-being conditions to talk secretly to their friends about their sentiments and encounters. Togetherall likewise offers an assortment of courses and assets to permit clients to self-deal with their psychological well-being, which is all directed via prepared specialists all day, every day who guarantee a safe and inspiring climate. Remarking on the speculation Henry Jones, Togetherall CEO, stated: "This is a truly critical achievement for our organization." "Togetherall's goal is to build a global business giving as many people as possible a safe, online community where they can offer and receive support at times of anxiety and isolation. Partnering with FPE, such an experienced technology investor, is a huge boost to our ambitious plans for the growth of our impact." As new lockdown limitations set in over the UK, an ever increasing number of individuals will encounter uplifted degrees of seclusion, uneasiness and sadness, without approaching psychological well-being support. Togetherall is all around situated to react to this expanded interest. Kevin Bone, Partner at Impact Ventures UK, thinks about the excursion with Togetherall to date, "IVUK has upheld Togetherall since 2014 as it has developed from a good thought to a thriving business helping a huge number of individuals in the UK and across North America. We energetically welcome FPE and especially anticipate working with them, and the extraordinary Togetherall group, to carry its administrations to the a huge number of individuals out of luck". Togetherall joins other innovation item focussed interests in FPE's portfolio, including: Questionmark, Masstech, Kallik and MaxContact. FPE's development capital speculation is generally into essential financing to help the business in quickening its fast development into North America. "FPE is delighted to have completed this exciting growth investment into Togetherall", said Henry Sallitt, Co-founder & Managing Partner at FPE, "this is an organisation that combines a successful SaaS business model with real purpose and social impact. We look forward to working with Henry and the team to support their growth ambitions". About Togetherall: Set up in 2007 as Big White Wall, Togetherall, is a main online psychological well-being administration that gives a large number of individuals all through the UK, New Zealand, Canada and the US admittance to network and expert help 24 hours per day, 365 days per year. The administration is enlisted with the Care Quality Commission (CQC) and is clinically demonstrated to help the individuals who are battling with pressure, confinement, tension, sadness and other regular emotional wellness issues. Togetherall has upheld enormous populaces with their emotional well-being since dispatch in organization with customers in the training, wellbeing, corporate and good cause areas. About FPE Capital: FPE is an expert development private value speculator focussed on the product and administrations areas. It puts resources into lower mid-market UK and Irish programming and administrations organizations with advantaged plans of action that offer critical development potential in enormous business sectors that are going through basic change.

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ONLINE EDUCATION

Stride, Inc. Launches Pandemic-Proof Professional Development

Stride, Inc. | February 18, 2022

The ongoing pandemic has taught educators everywhere a powerful lesson – the need for flexibility and adaptability to include online or hybrid learning. With more than 20 years of experience in the virtual learning space, Stride, Inc. has much insight to offer during their Promising Practices Conference Series, six online events designed to provide budget-friendly, student-centered professional development for any present and future educator across the globe. According to MDR Education’s EdNET Insights, it is estimated that 74% of teachers in the United States spend about $250 per year, out-of-pocket, for their own professional development. With traditional teaching workshops and conferences ranging from a few hundred dollars to a few thousand, Stride’s Promising Practices Conference Series is filling a need for affordable and convenient professional development options at no cost for the first event and $1.99 per person for each of the following five events. “As students become more digitally fluent there is a tremendous opportunity for schools to invest in their teachers’ ability to meet them where they are in order to ensure learning gains. We are excited to extend our decades of expertise in online teaching and learning to educators around the world for the benefit of every student, in a way that is highly accessible and welcoming to educators of all backgrounds.” Niyoka McCoy, Chief Academic Officer at Stride Since 2000, Stride has transformed teaching and learning experiences by providing innovative, high-quality, tech-enabled education solutions, curriculum, and programs, training thousands of educators to bring quality hands-on and online curriculum to more than two million students worldwide. About Stride, Inc. At Stride, Inc., we are reimagining learning—where learning is lifelong, deeply personal, and prepares learners for tomorrow. The company has transformed millions of people’s teaching and learning experiences by providing innovative, high-quality, tech-enabled education solutions, curriculum, and programs directly to students, schools, the military, and enterprises in primary, secondary, and postsecondary settings. Stride is a premier provider of K-12 education for students, schools, and districts, including career learning services through middle and high school curriculum. For adult learners, Stride delivers professional skills training in healthcare and technology, as well as staffing and talent development for Fortune 500 companies. Stride has delivered millions of courses over the past decade and serves learners in all 50 states and more than 100 countries. The company is a proud sponsor of the Future of School, a nonprofit organization dedicated to closing the gap between the pace of technology and the pace of change in education. More information can be found at stridelearning.com, K12.com, galvanize.com, techelevator.com, and medcerts.com.

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EDUCATION TECHNOLOGY

Mathpresso, EdTech Leader, announces 7 million active users per month in over 50 countries.

businesswire | December 16, 2020

Today, Seoul-based EdTech startup Mathpresso declared that its math-solver application, QANDA has addressed over 1.3 billion inquiries and utilized by more than 7 million month to month dynamic clients, a 370% development inside 1 year. Created by Korea's driving EdTech startup, Mathpresso, 'QANDA' is a portable application that empowers understudies, all things considered, to get moment arrangements and 1-on-1 help from a portion of the world's top-college mentors. Clients can snap a picture of a mathematical question, transfer it to the application, and afterward QANDA's AI-based optical character acknowledgment sweep will discover and tackle it in roughly five seconds. QANDA gives both the 1-on-1 Q&A highlight (human-based) and auto-search (AI-based) include, an exceptional cross breed that takes care of any numerical statements going from conditions to mathematical inquiries. Since its dispatch in 2016, QANDA has tackled over 1.3 billion issues put together by understudies from more than 50 nations. In excess of 5 million inquiries are posed and looked through QANDA consistently. Since the COVID-19 pandemic, the organization has seen a flood popular for the e-learning stage, with its number of inquiries tackled expanding from 500 million in April 2020 to 1.3 billion today. Right now, QANDA is utilized by more than 66% of the whole evaluation K-12 understudy populace in Korea, the nation with one of the most elevated school enlistment rates on the planet. QANDA additionally bested the instructive graphs in six nations, including Japan, Vietnam, Indonesia, and Thailand, prevailing upon driving instructive applications including Google Classroom and Photomath. "Our competitive edge is that we provide both the AI-driven instant search function and human-driven Q&A function through tutors, while no other educational apps incorporate both features seamlessly,” said Ray Lee, CEO at Mathpresso. "We will continue to provide the most effective education for all students around the world.” About Mathpresso With the mission to provide most effective education for all, Mathpresso develops the world’s leading learning platform, QANDA, a mobile app that allows students of all levels to receive instant answers and customized learning sources at zero or minimal cost. Recognized for its technological advances, Mathpresso was selected as Forbes’ 30 Under 30 Asia 2020, national representative of Google AI for Social Good APAC event in 2018, and guest speaker at AWS Public Sector Summit ASEAN in 2019. Since 2015, Mathpresso has raised $55 million from investors including Legend Capital, SoftBank Ventures Asia, and Samsung Ventures. Headquartered in Seoul, Korea, Mathpresso has offices in Tokyo, Japan and Hanoi, Vietnam.

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