Outschool’s after-school enrichment marketplace is now valued at $3 billion

In the last 12 months, Outschool, a marketplace for kid-friendly enrichment classes, has raised its Series B, Series C and, now, it’s Series D. The startup announced today that its latest round, a $110 million tranche of capital, brings its valuation to $3 billion just four months after hitting unicorn status. The fast infusion of […]

Employers are consumer edtech’s next beta test

Remote work may have changed the way we spend our days, but there’s quite a sneaky disruptor among us: burnout. As the pandemic drags on, employees are either soul-searching for a bigger purpose or simply exhausted by the uncertainty and stale culture of their current jobs. It’s not a small subset of the working population, […]

Duolingo boosts IPO price target in boon to edtech startups

U.S. edtech company Duolingo released a revised IPO price range this morning, boosting its potential per-share value to $100 after initially targeting a range that topped out at $95 per share. Per the unicorn’s SEC filings, Duolingo is now targeting a $95 to $100 per share IPO price range, up from $85 to $95 per […]