Yesterday the team of Imagine K12 announced that the edtech accelerator would merge with Y Combinator to form a dedicated edtech vertical. The merger has been in the works for about a year and with Imagine K12’s first fund ending, Geoff Ralston and Tim Brady made the decision to join Y Combinator.
After a quiet period, the language learning vertical within education technology is on the upswing once again with young, innovative startups entering the arena attracting a new generation of language learners.
Certainly, it’s the established players that are only too willing to satisfy the growing demand. However, there is now a plethora of new and hungry startups in the language learning space coming in the market whose offers go beyond digitized textbooks and English training only. And it’s startups we specialize in at EDUKWEST.
South Korea’s education system has been the envy of many western governments. The country managed to transform itself from mass illiteracy to global economic powerhouse in less than two generations. Its students consistently rank in the top 5 for PISA test results, and the country has a 93% high school graduation rate. 82% of these graduates go on to university.
EdTech companies and startups raised over $12 million in week 48 across two rounds.
This Reading List: Online Tutoring is an extension of our popular “Tutoring Markets Overview” and can be used independently or in combination with the beforementioned.
It features 23 articles and gives the reader a thorough introduction to the diversity and business of online tutoring in markets including the U.S., the UK, South Korea, Hong Kong, and Asia.