School and profession readiness platform SchooLinks raised $80 million in a Collection B funding spherical, the Austin-based firm introduced.
The spherical was led by personal fairness agency Susquehanna Development Fairness, with further participation by The Stephens Group, Strada, and American Scholar Help.
The corporate stated the spherical will likely be used to fund further growth of its faculty and profession readiness choices and merchandise. The platform is aimed toward serving to counselors handle college students’ faculty and profession planning and adjust to federal and state reporting necessities.
SchooLinks additionally affords an trade portal to attach college students to native job alternatives, faculty local weather surveys, social-emotional studying actions, and elementary-level profession exploration instruments.
Susquehanna brings “a major quantity of expertise to the desk, together with deep expertise in SaaS and the schooling trade,” SchooLinks founder and CEO Katie Fang stated in a press release.
“We’re always evolving our platform, together with the additions of our workforce options, to assist faculty districts in guaranteeing that the experiences they supply college students proceed to be useful after commencement,” she stated.
“With these capabilities we’re trying ahead to increasing our influence from faculty districts to employers and this financing spherical will allow us to speed up this evolution.”
Susquehanna, primarily based within the Philadelphia space, describes itself as an entrepreneur-focused funding agency that gives “affected person capital” to startups with no fastened time horizons for returns.
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Its earlier investments within the schooling area embody alumni relations platform Graduway, writing platform NoRedInk, and Spanish immersion-focused early childhood schooling supplier Tierra Encantada.
SchooLinks has developed a robust product-market match, Josh Elser, managing director of Susquehanna, stated in a press release, and “emerged because the chief within the CCR area by bringing district departments along with its intuitive platform, completely aligning with our mission to assist important software program options.”
ClassHook snapped up by ClickView. Instructional video platform ClassHook was acquired by ClickView, ClassHook co-founder and CEO Alexander Deeb instructed EdWeek Market Temporary.
Phrases of the deal weren’t disclosed.
ClickView, primarily based in Australia with workplaces in London and Charleston, South Carolina, affords standards-aligned academic movies for classroom use {and professional} studying.
We actually wished to discover a associate who would respect the ClassHook model, respect the product, and hold it going to do good for our customers.
ClassHook CEO Alexander Deeb
ClassHook’s library is targeted on providing grade-appropriate video clips from TV reveals and films to create partaking hooks into classes.
Except for a $10,000 funding from the GrowthX accelerator program, Deeb bootstrapped the startup’s development with co-founder and CMO Joyce Ang, over the previous 10 years.
Deeb reached out to ClickView, a earlier associate, when the corporate began exploring potential patrons initially of the 12 months.
ClickView’s objectives have been “extra aligned” with ClassHooks than some other potential purchaser, stated Deeb, a developer who joined ClickView as a senior development engineer following the acquisition and is working to develop their presence within the U.S.
“We actually wished to discover a associate who would respect the ClassHook model, respect the product, and hold it going to do good for our customers,” Deeb stated. “That was actually vital to me.”
HolonIQ acquired by information analytics firm. HolonIQ, a market analytics and information intelligence agency targeted on the schooling trade, was acquired by Quancquarelli Symonds, the businesses introduced.
Phrases of the deal weren’t disclosed.
Quancquarelli Symonds, a better schooling information analytics firm primarily based in London and referred to as QS, stated that the deal will mix HolonIQ’s synthetic intelligence-powered information analytics platform with QS’ experience within the increased schooling trade and higher assist purchasers within the schooling and company sectors perceive market wants.
“This acquisition marks a serious milestone in our evolution as a world chief in schooling intelligence as we draw on HolonIQ’s modern expertise and analytics to equip trade leaders, educators, and policymakers with the information and insights to form essential choices round the way forward for schooling and work,” QS CEO Jessica Turner stated in a press release.
The mixed corporations signify near 900 staff in 15 workplaces globally.
HolonIQ, based in 2018, is predicated in New York. The corporate stated its purchasers embody increased schooling establishment in addition to authorities businesses and Fortune 500 corporations.
“This acquisition accelerates our imaginative and prescient of offering wealthy, rigorous and well timed insights to world decision-makers and buyers at a time when expertise, digital transformation and political and financial upheaval are powerfully impacting the worldwide financial system,” HolonIQ co-founder and co-CEO Patrick Brothers stated in a press release.
