How To Break Into The U.S. Edtech Market? Think Small.
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Articles and Resources of the week
How To Break Into The U.S. Edtech Market? Think Small.
When viewed from a distance, the United States educational market seems impossibly large: 50 states, each with its own department of education and its own policy mandates. There are around 15,000 school districts, each with its own procurement process and a confusing array of personnel who may—or may not—have a voice in implementing new tools, and nearly 100,000 schools, each with its own needs and hierarchies. And that’s just the public schools. There are tens of thousands more charter and private schools with their own rules around introducing new educational products and services. It may be called the United States, but the procurement process is hardly unified. What’s an international Edtech company to do? Think small and narrow your focus.
LinkedIn’s Chief Economist’s Predictions On How AI Will Change The Global Labour Market
We’re moving toward a world where degrees will no longer required or be enough to carry professionals through their careers. Instead, we will all need to be continually learning and growing skills as new technologies evolve. A new LinkedIn analysis suggests the rise of AI across the workforce is set to significantly transform more than half of all jobs, and the skills required to do all jobs will change by up to 65% by 2030.
U.S. Big Ed’s Bet On Digital University Deals
University M&A deals are heating up in the U.S. A planned $550m tie-up between the University of Idaho and the University of Phoenix, which has local senators, higher education regulators, local media, and university alumni scratching their heads, is likely to conclude in 2024. The driver for the University of Idaho deal is instant access to an online capability that would take the University of Idaho between 10 and 15 years to build if it tried to create the asset itself.Â
Investment news
Italy based Algor Education raised €1.4 million from Emerge Education with the participation of Club degli Investitori and 40Jemz Ventures.
iSchool announced a $4.5 million funding round led by VentureWave Capital followed by OneStop Capital UK, Website Investment Network, and Oraseya Capital.
Jobs in Edtech
Shakers is hiring a Content Marketer (Madrid).
Ornikar is looking for an SEO Manager (Paris).
Lingoda is hiring a Senior Product Manager (Berlin).
Labster is looking for a Customer Success Manager (Copenhagen).
from the Brighteye team!
We will be back with the next Weekly on January 12.
Thank you for reading. If you enjoyed it, share it with your friends, colleagues and everyone interested in the European Edtech ecosystem.
Stay curious,
Hannes