Last year, U.S. education technology companies raised $1.45 billion, matching the previous high for the single-year funding total of this decade, set in 2015. The funding total in 2018 also eclipsed the $1.2 billion raised by U.S. Edtech startups in 2017. According to Jason Palmer, general manager at New Markets Venture Partners: “2019 will be an important year of rebalancing in the Edtech market. There will be a handful of big winners, but a large number of losers—companies either going out of business, raising money or being acquired at rational valuations that are less than what they used to get.” ..... See full article on Edsurge.
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