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.”

Spotlight

Using gamification elements in corporate learning is a highly promising approach. It holds the potential to motivate employees towards a longer lasting and more intense focus on learning content at hand. Business Simulations harness this high impact potential particularly well.Gamification refers to the transmission of typical game mechanisms, such as “point scoring” and “rules of play”, to a non-gaming environment. In this context, gamified learning can be seen as the application and combination of playful elements in the learning environment.


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EDUCATION TECHNOLOGY

Prospect Park Capital Corp. Announces Tutors On Demand’s Launch of EDSY, a TelEdTech Product

Tutors On Demand | February 04, 2022

Prospect Park Capital Corp. is pleased to provide a corporate update regarding 102130706 Saskatchewan Inc. (dba Tutors On Demand) (“Tutors On Demand”), a wholly owned subsidiary of the Company. Tutors On Demand has released its TelEdTech product under the name “EDSY”. EDSY delivers a robust, easy to use virtual learning product for education and instructional support utilizing a purpose-built digital learning environment. The technology has been built in-house with the student and educator’s needs in mind. The EDSY platform is website specific and does not require any application, software downloads or installations like its competitors. Although EDSY is best utilized from a desktop, it is supported by all browsers and offers scalability for all monitors, desktops, tablets, and mobile devices. This versatile virtual learning tool can be used by individuals and small and medium sized businesses. The product provides the opportunity for the user to create their own “branded” link to their virtual classroom environment. EDSY incorporates the ability to put students into a queue, to securely allow and deny students into the class session, and supports an environment where an instructor may have multiple student clients at the same time. An instructor starts a session by simply signing in and sending a uniquely generated link to a student client and having them click the link and start the class. “We are excited that the Tutors On Demand team of developers have managed to put together an amazing product that will help differentiate Tutors On Demand. We believe EDSY is the first of its kind, delivering educational support to students all over the world. In the field of EdTech this is a special type of TelEdTech built in-house that provides a safe and easy to use virtual classroom. EDSY is more applicable than simply using other video communication platforms. With interactive text, audio, video and a white board, we believe we have created a superior solution for virtual learning.” Anthony Zelen, director of Prospect Park Capital Corp. and Tutors On Demand Tutors On Demand is a signatory to the Student Privacy Pledge (2020). The Student Privacy Pledge (2020) commitments are intended to concisely detail existing federal law and regulatory guidance regarding the collection and handling of student data, and to encourage service providers to more clearly articulate these practices. About Tutors On Demand Tutors On Demand is a Canadian based company in the EdTech sector that connects qualified tutors and student learners who are seeking additional educational support. The platform is an effective, flexible, and affordable solution developed with responsiveness and the safety of interaction between tutors and students in mind. Tutors On Demand’s mandate is to help deliver courses online in a multitude of subjects, including math, sciences and languages in a secure, safe, and efficient environment.

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EDUCATION TECHNOLOGY

Southeastern Career Center Selects PowerSchool to Improve Districtwide Collaboration and Student Performance Monitoring Capabilities

PowerSchool | May 17, 2022

PowerSchool (NYSE: PWSC), the leading provider of cloud-based software for K-12 education in North America, today announced Southeastern Career Center (SCC) in Versailles, Indiana has selected PowerSchool Student Information System (SIS) and PowerSchool Ecollect Forms as its primary learning management tools for the 2022-2023 academic year. Through these PowerSchool solutions, SCC will benefit from a unified system capable of increasing districtwide collaboration, providing access to student performance metrics in real-time, and creating, editing, and sharing online K-12 forms in a singular platform, among other benefits. “Thanks to PowerSchool SIS, we have improved our ability to communicate and share information swiftly with parents and students across the district, thereby alleviating a former pain point our district faced on a regular basis, PowerSchool’s overall intuitiveness and ability to facilitate everything from student performance monitoring to administrative reporting have been great value adds to our district. We look forward to having PowerSchool fully integrated within our district later this year.” - Quatara Askew, Southeastern Career Center Data Specialist. PowerSchool SIS’s intuitive, all-in-one platform has already helped SCC improve staff collaboration, parent-student-teacher communication, and reporting efforts. Similarly, Ecollect Forms has helped SCC efficiently create, distribute, and collect everything from digital surveys to e-learning consent forms, thereby freeing staff from excessive paperwork and data entry – all within PowerSchool SIS’s cohesive interface. Prior to PowerSchool, SCC did not have an SIS in place. SCC managed student information tracking and reporting through manual methods such as spreadsheets and physical filing systems. While functional, SCC faced several operational pain points due to the disparate tracking methods and began looking to pivot operations to a centralized SIS platform. “The benefits Southeastern Career Center has seen through utilizing PowerSchool solutions shows the positive impact technology can provide to schools, We are proud to support SCC through their digital transformation journey and look forward to helping them create optimal learning outcomes for students both this school year and into the future.” -Craig Greenseid, PowerSchool Chief Revenue Officer. Founded in 1966, SCC is the longest running career center and co-op system serving 12 schools within six counties in Southeastern Indiana. SCC offers a variety of career and technical education courses, including opportunities to acquire post-secondary credentials and dual-college credits. About PowerSchool PowerSchool (NYSE: PWSC) is the leading provider of cloud-based software for K-12 education in North America. Its mission is to power the education ecosystem with unified technology that helps educators and students realize their full potential, in their way. PowerSchool connects students, teachers, administrators, and parents, with the shared goal of improving student outcomes. From the office to the classroom to the home, it helps schools and districts efficiently manage state reporting and related compliance, special education, finance, human resources, talent, registration, attendance, funding, learning, instruction, grading, assessments and analytics in one unified platform. PowerSchool supports over 45 million students globally and more than 14,000 customers, including more than 90 of the top 100 districts by student enrollment in the United States, and sells solutions in more than 90 countries.

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CONTINUING EDUCATION

Zell Education partners with Chandigarh University to offer range of international financial qualifications

Zell Education | December 15, 2021

India's leading finance and accounts edtech startup, Zell Education has partnered with Chandigarh University to offer international professional qualifications like ACCA, CPA & CIMA along with their bachelor`s and master's degrees. With this partnership, Zell would be acting as their technical partner to assist CU in reaching their goal of training 5000 students by the end of the upcoming financial years. Dominating in its niche of Accounting and Finance education, Zell, in its technical capacity, will help CU to provide access to these degrees to students sitting abroad wanting to opt for these relevant financial qualifications. The partnership aims to address the current surge in demand for courses such as ACCA, CPA, CIMA and prepare a student beyond textual understanding which will mould them to be industry ready along with meaningful career transition. Keeping in view all challenges of a learner, Zell has designed a unique structure of online and project based training combined with mentor support to create transformative learning experiences. The edtech leverages AI, ML and other tools to ensure students receive all content at the right time and can study better. Their internal learning management system 'Nimbus' facilitates learning at students' own pace, time, flexibility thus creating better learning experience for students and hence improving efficiency. This entire journey aids a student with seamless learning experience thereby assisting them in building a rewarding career at an early age. Since its inception, Zell has impacted over 10,000 students to build their careers in Accounting and Finance. Accredited as a Platinum Approved Learning Partner of ACCA (UK), Zell has produced consistent rank-holders at the national & international levels. "This tie up will pave a smoother route for students who are willing to take up global qualifications along with their undergrad. In the same time span, the students will own dual qualification. In this competitive day and age having global qualification changes the dynamic of a student's profile. The entire learning experience will give students an edge over others and help them fast forwarding their career by becoming industry ready at an early stage." Mr. Anant Bengani, Co-Founder & Director, Zell Education Dr. Nitya Prakash, Director, Institute of Distance & Online Learning, Chandigarh University said, "With this partnership, we aim to bring international courses of finance and accountancy under one roof for our students. Chandigarh University along with Zell Education aims to provide world class international finance courses to students across India and abroad." Chandigarh University along with Zell Education aims at providing students with global exposure and international certifications through their courses in ACCA, CPA, CIMA etc. These global courses allow for the holistic development of students and will provide them with the right knowledge, skills, values and ethics About Zell Education Zell Education is India's leading training centre with its niche in Accounting & Finance aims to transform careers by making skill upgradation effective, affordable & accessible for everyone. The organisation's primary goal is to deliver high-quality education & skill upgradation in collaboration with industry experts & best educational practices. The edtech startup is present in more than 5 countries globally with 200+ experts as faculty and mentors for 10,000+ students enrolled with Zell. Apart from a 24 x 7 support system for its students, Zell also has highly qualified faculty for best results, along with placement assistance for the best interest of its students. With a strong leadership team, Zell has university and corporate partnerships providing 100% assistance in placements for their students in 300+ global companies. About Chandigarh University Chandigarh University is ranked among the leading and best education institutes in India, accredited by NAAC with the prestigious A+ grade. The vision to introduce best learning platform lies in providing an exceptional, student-centred experience which is based on significant learning experience. We are ranked among the top and fastest growing universities around the globe and are known for innovation, academic excellence, and placements. Students study under world-class faculty and explore varied graduate and undergraduate programs with one of the pioneering education institutes in the world. Here, we carry a strong emphasis on quality education, academic research based on hands on experience with real world challenges. At Chandigarh University, our students interact with various disciplines and are encouraged to address world challenges through different perspectives and ideas. Chandigarh University has been bestowed with many recognitions and awards, including partnerships with the world class institutions across the globe that covers, students transfer programs outbound, international events, research collaborations, and industry experiences. We are a robust community of students, faculty, alumni, and industry practitioners, united by a shared goal of tackling real world issues. Our University is a new-age liberal institute with a unique interdisciplinary approach to excel exclusive learning opportunities.

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EDUCATION TECHNOLOGY

Family Life Academy Charter Schools Add PowerSchool Solutions to Amplify Blended and Social-Emotional Learning Capabilities

PowerSchool | April 25, 2022

PowerSchool (NYSE: PWSC), the leading provider of cloud-based software for K-12 education in North America, today announced Family Life Academy Charter Schools (FLACS) in Bronx, NY has added PowerSchool Unified Classroom® Schoology Learning and PowerSchool Unified Classroom® Behavior Support to help improve classroom instruction and student behavior management. This adds to how FLACS has utilized the PowerSchool Student Information System (SIS) and PowerSchool Unified Classroom® Performance Matters since 2019, to manage student information and help make better decisions around instruction, programs, and policies. “Prior to implementing PowerSchool, our network of schools used a combination of different solutions — including other products and home-grown databases — which each housed only a small piece of student information. While we adopted PowerSchool SIS to streamline our student information and data collection, this decision has helped us explore ways to leverage technology more effectively throughout our network, Since adopting the PowerSchool SIS, we brought on PowerSchool’s Performance Matters platform for data analysis and external partners such as ParentSquare after realizing we could leverage the information stored within the SIS to bolster parent communication during the COVID-19 pandemic. PowerSchool has helped optimize many aspects of our operations, which is the reason we continue to choose them as our trusted education technology provider.” -Renee Willemsen-Goode, Chief Academic Officer, Family Life Academy Charter Schools. PowerSchool has helped FLACS organize multiple streams of information through its cohesive suite of solutions, especially through the actionable analysis and insights provided by the platform. FLACS leadership referenced that the combination of Schoology Learning, Behavior Support, PowerSchool SIS, and Performance Matters have decreased the amount of time spent on administrative tasks. Notably, FLACS is anticipating an even greater value add with student behavioral insights once the ongoing implementation of Behavior Support is entirely complete. “Family Life Academy Charter Schools is a prime example of an organization that realized the multiplicative force of combining PowerSchool solutions to leverage their ability to integrate with one another,” said “We are delighted our solutions are continuing to help them improve student achievement, behavior, and the overall academic process, and look forward to supporting Family Life Academy Charter Schools for years to come.” -Craig Greenseid, Chief Revenue Officer, PowerSchool. FLACS is a K-12 network of community-grown public charter schools in the South Bronx serving over 1,500 scholars. FLACS was founded in 2001 by the Latino Pastoral Action Center (LPAC) under the vision of Bishop Raymond Rivera. The founding team developed a vision for a school that would serve the students of the community, primarily immigrant students and English language learners. The school would create opportunities for success for all students, no matter their primary language, ethnicity, or socio-economic status. In 2012 and 2014, replication elementary schools FLACS II and FLACS III opened. In 2019, FLACS completed work on a new campus, FLACS MS, which is part of the FLACS II charter, but educates all FLACS middle school scholars from each of the three elementary schools. FLACS continues to expand and will open FLACS HS in Fall 2022. This campus will serve 700 scholars in grades 9-12. About PowerSchool PowerSchool (NYSE: PWSC) is the leading provider of cloud-based software for K-12 education in North America. Its mission is to power the education ecosystem with unified technology that helps educators and students realize their full potential, in their way. PowerSchool connects students, teachers, administrators, and parents, with the shared goal of improving student outcomes. From the office to the classroom to the home, it helps schools and districts efficiently manage state reporting and related compliance, special education, finance, human resources, talent, registration, attendance, funding, learning, instruction, grading, assessments and analytics in one unified platform. PowerSchool supports over 45 million students globally and more than 14,000 customers, including more than 90 of the top 100 districts by student enrollment in the United States, and sells solutions in more than 90 countries.

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Spotlight

Using gamification elements in corporate learning is a highly promising approach. It holds the potential to motivate employees towards a longer lasting and more intense focus on learning content at hand. Business Simulations harness this high impact potential particularly well.Gamification refers to the transmission of typical game mechanisms, such as “point scoring” and “rules of play”, to a non-gaming environment. In this context, gamified learning can be seen as the application and combination of playful elements in the learning environment.

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