What is NEWSELA?
NEWSELA is recognized as one of the fastest-growing technology companies in K-12 education. Founded on the principle that every child deserves a rich learning experience, the company has developed a platform rooted in learning science. This innovative approach aims to modernize classroom teaching by delivering engaging and authentic content. NEWSELA's mission is to ignite a love of learning by providing personalized educational experiences tailored to individual student needs.
How much funding has NEWSELA raised?
NEWSELA has raised a total of $158.2M across 5 funding rounds:
Angel/Seed
$1.1M
Other Financing Round
$1.2M
Series A
$6M
Series C
$50M
Series D
$100M
Angel/Seed (2013): $1.1M with participation from New Schools Venture Fund, Kapor Capital, Silicon Badia, and Kaplan Ventures
Other Financing Round (2013): $1.2M led by Kaplan Ventures, Kapor Capital, Brigette Lau, Techstars, Jennifer Coogan, Zac Zeitlin, Kaplan EdTech Accelerator, David Fischer, Joannie Fischer, Walter Winshall, Silicon Badia, and Issac Taylor
Series A (2014): $6M supported by Knight Foundation, Kapor Capital, CIG, Owl Ventures, and NewSchools Venture Fund
Series C (2019): $50M featuring Technology Crossover Ventures
Series D (2021): $100M backed by Waycross Ventures, The Chan Zuckerberg Initiative LLC, Owl Ventures, Tao Capital Partners , LLC, and Franklin Templeton Investments
Key Investors in NEWSELA
Owl Ventures
Owl Ventures is a global leader in education technology investing, focusing on innovative solutions that enhance learning experiences. The company supports a diverse range of edtech companies, including those providing tools for personalized tutoring, virtual classrooms, and workforce upskilling. With a deep understanding of the K-12 space and a strong network, Owl Ventures plays a crucial role in scaling its portfolio companies globally. Their commitment to democratizing access to quality education drives their investment philosophy and partnership approach.
Kaplan Ventures
Kaplan Ventures is an investment arm focused on education technology, leveraging Kaplan's extensive experience in the education sector. They support innovative companies aiming to transform learning and teaching through technology, providing strategic guidance and capital to foster growth and impact within the edtech landscape.
Silicon Badia
Silicon Badia is a venture capital firm that partners with passionate entrepreneurs to address significant global challenges. Established in 2012, the firm has invested in over 100 startups across more than 15 technology industries worldwide. Their focus is on providing networks and support to leading technology entrepreneurs. Silicon Badia aims to foster innovation and growth in the tech sector through strategic investments.
What's next for NEWSELA?
The recent major strategic investment signals a new phase of growth for NEWSELA, likely enabling further platform development, content expansion, and market penetration. With a strong foundation in learning science and a commitment to modernizing education, the company is well-positioned to capitalize on the increasing demand for effective digital learning solutions. Future initiatives may include enhancing adaptive learning capabilities, broadening curriculum offerings, and forging new partnerships within the educational ecosystem to solidify its leadership position.
See full NEWSELA company page
