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Another U.S. education technology company has reached the billion-dollar valuation mark, and with that comes bragging rights to being a “unicorn.” But its CEO winces when he hears the word. He really, really doesn’t want to talk about it. “I am careful about that term being the focus,” says Andrew Grauer, who co-founded Course Heroin […]
The latest “2019 Global Learning Technology Investment Patterns” report from Metaari declared that a “breathtaking $18.66 billion flowed to ed tech companies around the world in 2019” — the “highest in the history” of the industry, “[blasting] past the records set between 2015 and 2017 and far [outpacing] the historic high in 2018.” As Metaari CEO […]
S&P Global Ratings gave nonprofit colleges and universities a negative outlook for the third-straight year, citing continued challenges that could do more to hurt than help institutions’ credit ratings. However, well-resourced institutions with broader reach and recognition are expected to fare better than smaller, regional schools, the ratings agency noted in a report explaining its outlook. The […]
