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Funding
Transfr VR raises USD 35 million in Series B funding for expansion
Ed Tech: K-12
Jun 16
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Kahoot! posts strong Q2 2022 performance; reaffirms FY2022 guidance
Ed Tech: K-12
Aug 11
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Stride beats Q4 FY2022 revenue and EPS estimates; exceeds FY2022 revenue guidance
Ed Tech: K-12
Aug 9
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PowerSchool posts robust Q2 2022 performance; upgrades FY2022 guidance
Ed Tech: K-12
Aug 8
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Duolingo beats Q2 2022 revenue and EPS estimates; upgrades FY2022 guidance
Ed Tech: K-12
Aug 4
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Instructure posts robust Q2 2022 performance; beats consensus estimates
Ed Tech: K-12
Jul 31
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ClassDojo reportedly raises USD 125 million in funding to bring metaverse to students
Ed Tech: K-12
Jul 21
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Pearl raises more than USD 4 million in seed funding
Ed Tech: K-12
Jul 20
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Ukraine-based Preply raises USD 50 million in Series C funding
Ed Tech: K-12
Jul 13
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99math raises USD 2.1 million in funding to accelerate development plans
Ed Tech: K-12
Jul 1
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Elevate K-12 raises USD 40 million in Series C funding
Ed Tech: K-12
Jun 16
M&A
IXL Learning acquires language learning software developer Curiosity Media
Ed Tech: K-12
Jun 10
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Cuemath raises USD 57 million; valuation doubles to USD 407 million
Ed Tech: K-12
Jun 1
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Akili and Roblox partner to link ADHD therapy and gaming platform
Ed Tech: K-12
May 27
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Zovio sells online tutoring business to GoGuardian for USD 55 million
Ed Tech: K-12
May 24
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Class Technologies acquires web-conferencing tool Blackboard Collaborate for USD 210 million
Ed Tech: K-12
May 19
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Pressto raises USD 1.5 million in pre-seed funding
Ed Tech: K-12
May 18
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Nerdy narrowly beats consensus revenue estimate; downgrades FY2022 guidance
Ed Tech: K-12
May 16
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Byju’s reportedly in discussions to raise USD 1 billion+ to acquire undisclosed EdTech firm
Ed Tech: K-12
May 12
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Duolingo beats Q1 2022 consensus estimates; upgrades FY2022 guidance
Ed Tech: K-12
May 12
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PowerSchool acquires Canadian K-12 analytics firm Chalk.com
Ed Tech: K-12
May 6
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PowerSchool reports robust Q1 2022 performance
Ed Tech: K-12
May 5
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Kahoot! posts robust Q1 2022 performance; reaffirms FY2022 guidance
Ed Tech: K-12
May 4
M&A
Securly acquires student wellness solution provider Rhithm
Ed Tech: K-12
Apr 21
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Stride posts strong Q3 FY2022 performance; upgrades FY2022 guidance
Ed Tech: K-12
Apr 19
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Labster secures USD 47 million to reach wider audience
Ed Tech: K-12
Apr 11
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Class 101 acquired by Unleashed Brands
Ed Tech: K-12
Apr 11
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SchoolMint acquires K-12 marketing solutions provider Enrollhand
Ed Tech: K-12
Apr 7
Funding
Codelicious secures funding from CareSource and Elevate Ventures
Ed Tech: K-12
Apr 5
Funding
Product updates
Emile Learning rebrands to Subject; raises USD 29.4 million in Series A funding
Ed Tech: K-12
Mar 22
Ed Tech: K-12

Ed Tech: K-12

Jun 16

Transfr VR raises USD 35 million in Series B funding for expansion

Funding

  • Transfr VR, a provider of virtual reality (VR) simulations to imitate on-the-job training, raised USD 35 million in a Series B funding round led by Lumos Capital Group with participation from existing investors Firework Ventures and Album VC as well as new investor Spring Tide Capital. This brings its total funding to USD 47 million. 

  • The company intends to use the funds for expansion into regional markets and industries that are affected by skill gaps and unemployment. 

  • The platform currently serves more than 10,000 users across 300 companies, including the Wallace State Community College, Arkansas Office of Skills Development, National Association of Manufacturers/Manufacturing Institute, and Mazda Toyota Manufacturing.

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