edX | July 01, 2021
2U, Inc., a global leader in education technology, and edX, a leading online learning platform, and education marketplace, announced today that they have entered into a definitive agreement to form an industry-redefining partnership that will help power the digital transformation of higher education to expand access and affordability, and usher in a new era of online learning.
2U will pay $800 million in cash to buy almost all of edX's assets. 2U and edX plan to reach over 50 million learners worldwide, serve over 230 partners, and provide over 3,500 digital programs on the world's most comprehensive free-to-degree online education marketplace.
Proceeds from the transaction will go to a nonprofit dedicated to reimagining the future of learning for people of all ages, addressing educational inequalities, and advancing next-generation learning experiences and platforms under the leadership of Harvard and MIT. In addition, this group will create methods and collaborations to help narrow the learning gap, drawing on insights acquired at Harvard, MIT, and other universities.
The acquisition will combine the distinct strengths and complementary skills of two leading players in online education. 2U is the preferred digital transformation partner for more than 80 of the world's leading universities, and the company expects to reach $1 billion in annual revenue by the end of 2021, while edX has built one of the world's strongest online education brands and largest global communities of learners. Over the last decade, 2U and edX have established mission-driven organizations based on the idea that online education and greater access to the world's finest nonprofit universities can transform lives and affect future generations. The combined scale, reach, capabilities, marketing efficiency, and relationships of 2U and edX will open up new possibilities to reach and serve more learners, universities, and businesses across the globe.
To maintain and promote the edX purpose, 2U intends to run edX as a public benefit entity, a kind of purpose-driven organization that balances the interests of shareholders with those of other stakeholders. 2U has committed to continuing to fulfill the edX mission by, among other things, ensuring affordability through the continuation of a free track to audit courses; protecting the intellectual property rights of faculty and universities that contribute massive open online courses, and ensuring that participating colleges and universities can continue to participate under their existing agreements with edX.
About 2U, Inc.
Removing the back row in higher education is more than a metaphor for our goal. 2U, Inc. is a global leader in education technology and has been a valued partner and brand steward of great universities for more than a decade. More than 500 educational programs, including undergraduate and graduate degrees, professional certifications, boot camps, and GetSmarter short courses, are designed, delivered, and supported by us. 2U, in collaboration with our partners, has positively impacted the lives of over 300,000 students and lifelong learners. Visit 2U.com for additional information. #NoBackRow
edX is the education movement for students. We've brought together over 39 million students, the majority of the world's top-ranked universities, and industry-leading companies on one online learning platform that supports learners at every level, in collaboration with our founding partners Harvard and MIT. And we're not stopping there; we're constantly pursuing our goal of a world where every learner has access to education to live a fulfilling life, regardless of cost or location.
Course Hero | February 01, 2022
Course Hero, the popular learning platform used by a global community of students and educators, today announced the appointment of Sean Michael Morris, an internationally recognized expert – and critic – of digital technology, as Vice President of Academics. Morris most recently served as Senior Instructor of Learning Design and Technology at the University of Colorado Denver and Director of Digital Pedagogy Lab, a global online professional development gathering for educators committed to issues of diversity, equity, inclusion, and critical digital pedagogy.
"My commitment to critical digital pedagogy meets squarely at the intersection where Course Hero seeks to support a range of learning needs while evolving the platform's technology. This is a company that is actually pedagogical at its foundation, and I look forward to helping facilitate deeper and more meaningful learning experiences for both students and teachers."
Sean Michael Morris, VP, Academics of Course Hero
More than 80,000 educators worldwide already collaborate, develop, and share resources through Course Hero's fast-growing faculty community. Course Hero's Academic Advisory Committee is focused on identifying opportunities to connect the Course Hero platform to pedagogy, while serving as advisors on critical educational issues and concerns related to teaching, learning, and academic integrity.
The Academic Advisory Committee includes:
Dr. Michael A. Baston President, Rockland Community College
Dr. Norma Jimenez Hernandez Executive Director, Wisconsin Louis Stokes Alliance for Minority Participation, University of Wisconsin-Madison
Dr. Angelita Howard Assistant Dean for Online Education and Expanded Programs and assistant professor, Morehouse School of Medicine
Dr. Victor Piercey Professor of Mathematics and Director of General Education, Ferris State University
Dr. Catherine Ross Associate Professor of English and Founding Fellow and past President of The University of Texas System Academy of Distinguished Teachers
Dr. Stephanie Speicher Assistant Professor of Teacher Education, Weber State University
Dr. Samuel Staley Director, DeVoe L. Moore Center, College of Social Sciences and Public Policy, Florida State University
Dr. Nicole C. Jones Young Assistant Professor of Organizational Behavior, Franklin & Marshall College
"Making good on our vision of helping millions of learners graduate confident and prepared hinges on our ability to not only earn the trust of students, but demonstrate our pedagogical relevance to the growing community of educators who use our platform," said Andrew Grauer, CEO of Course Hero. "Sean has first-hand knowledge of the challenges and opportunities faced by students and educators. This appointment is about embedding that experience within our pedagogical DNA."
The company has also made two additional strategic hires who will focus on creating stronger ties to the education community. As dedicated Educator Partnerships Managers Amina Patton and Lale Stefkova bring a combined 14 years experience working in higher education institutions including University of Oklahoma, UC Santa Barbara, and University of Houston-Victoria to Course Hero. Their expertise, which includes teaching, instructional design and language instruction, will further establish meaningful partnerships with educators.
About Course Hero Inc.
Course Hero Inc. is a leading education platform, offering a suite of learning resources and tools to help anyone learn more deeply, more effectively, and affordably throughout the arc of their career. The Course Hero, Inc. portfolio includes Course Hero, an online learning platform of academic resources; CliffsNotes, the original and iconic study guide company; LitCharts, a creator of literature resources; QuillBot, an AI-powered platform helping people improve their writing skills, and Symbolab, a pioneering developer of AI for Mathematics Education.
TUTRRD | November 20, 2021
TUTRRD, an online learning and teaching platform for K-12 that focuses on one on one interactive learning as launched their an app to bridge the gap between after school tuitions and virtual education. The platform aims at bridging the gap between after school tuitions and virtual education by enabling teachers to conduct classes at their convenience and generate additional income for themselves, thereby providing personalized, convenient, and affordable learning solutions to the students from across all boards.
The announcement of the platform was done on Children's Day i.e. 14th November, 2021 through a webinar with the app going live on Android. The platform has on boarded over 500 teachers and aim to onboard around 5000 teachers by the end of this financial year in March 2022. The app is currently only available on Android Play Store.
"I strongly believe that teaching and learning should not be restricted to any geographical boundaries. When the educational system transitioned online, there was heavy reliance on technology to conduct classes. There was an increasing need to include the human element in this content-learning age. Moreover, the number of students were huge and personalization was becoming a challenge for the schools and colleges. That is how the idea of Tutrrd was born, where we focused on providing the personalized experience to learning that has been missing in the market."
Divya Tej Pereira, CEO & founder, TUTRRD
"It has always been my vision to empower teachers to connect with students and ensure they have the technology and skills to make learning an exciting and fulfilling experience. With the pandemic, many teachers lost their jobs or their salaries were reduced due to the economic halt. In such situations, it is important to assist teachers to step into their power and increase their income. We provide a platform for teachers to provide their expertise in the most convenient and engaging manner," added Mr Tej further.
The Tutrrd app provides a seamless user-experience, wherein students can book one-on-one personalized classes with the teachers based on their interest areas and educational needs. Dependency on private tuitions has proved to improve the performance of students at all levels of education. Therefore, the USP of the app is the personal touch that it provides to the students in their learning experience. The app has helped rethink the idea of private tuitions, wherein the students can get personalized attention with the help of expert teachers in order to enhance their academic performance with 100% live interactive and one-on-one tutoring. The primary focus of teaching is on core academics. However, with the personalization, the teachers can assist in the complete holistic development of students, thereby increasing their disposable income.
India's online tutoring market offers more than just internet-based tutoring sites; it also offers tuition services that use virtual worlds for teaching and providing personalized virtual attention to students. Growth of the online tutoring market has been attributed to several factors, including adoption of higher studies, COVID-19 outbreak, and improved accessibility to technology. By 2022, the market is predicted to reach USD 9 billion.
TUTRRD provides the most efficient and convenient way of learning for students by making education more accessible, affordable, and inclusive. Headquartered in Mumbai, TUTRRD is a platform that offers all Indian teachers an opportunity to conduct online classes and at the same time, help students to find expert teachers based on their subject specialization and book 100% live, interactive, and one-to-one tuition with them. Aimed at creating an integrated community, empowering and enabling educational professionals to highlight their individuality and unique teaching skills. By connecting students across all boards and highly qualified teachers through a single platform, TUTTRD prioritizes personal attention, thereby assisting teachers and students in their growth and development.