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Nerdy, nouvelle EdTech cotée en Bourse
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Très peu connue sous le nom Nerdy, l'entreprise contrôlant la plateforme de cours en ligne Varsity Tutors a annoncé le vendredi 29 janvier entrer en Bourse à travers le SPAC TPG Pace Tech Opportunities. Ce dernier, coté depuis octobre 2020, est doté de 450 millions de dollars. L'opération lui permettra
Pluralsight Lost $600 Million in Market Cap after Q3 Results
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Pluralsight stock ($PS) dropped by more than 22% after the publication of its earning results. Despite beating the revenue estimates ($99.5 million vs 95.4 million) and releasing a better than expected adjusted earning per share ($0.00 against a loss of $0.06), Pluralsight deceived investors. The investors
Udemy Could Raise $50 Million at $3 Billion Valuation
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Udemy, a global leader in online education platform is in talks with Goldman Sachs to raise $100 million, bringing the valuation of the company at more than $3 billion. The boom of remote learning due to the pandemic allowed the company to boost its growth significantly. In February, the Japanese
2U Reports Results for the Third Quarter of 2020
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Two days ago, the global leader of education technology 2U has reported its financial and operating results for the third quarter of 2020. In a nutshell: Revenue increased 31% to $201.1 millionGraduate Program Segment revenue increased 18% to $122.0 millionAlternative Credential Segment revenue increased 57% to $79.1
CourseHero buys Symbolab
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The online learning platform Course Hero acquires Symbolab, which describes itself as a "pioneering developer of AI for mathematics education". Course Hero is making a rare acquisition in the sector as M&A s still uncommon the EdTech sector. The price of the deal was undisclosed. The Symbolab has