What is NEWSELA?
NEWSELA is a rapidly expanding technology company focused on K-12 education, founded on the principle of providing equitable and engaging learning experiences for all students. The company's platform is built upon learning science research, aiming to modernize classroom teaching through authentic content delivery. Its innovative approach has positioned it as a key player in the edtech landscape, driving a love for learning through personalized and effective educational tools.
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 Kapor Capital, Silicon Badia, New Schools Venture Fund, and Kaplan Ventures
Other Financing Round (2013): $1.2M led by Joannie Fischer, Jennifer Coogan, Zac Zeitlin, Issac Taylor, Brigette Lau, Walter Winshall, Silicon Badia, Techstars, Kaplan Ventures, Kaplan EdTech Accelerator, David Fischer, and Kapor Capital
Series A (2014): $6M supported by Owl Ventures, NewSchools Venture Fund, Kapor Capital, CIG, and Knight Foundation
Series C (2019): $50M featuring Technology Crossover Ventures
Series D (2021): $100M backed by Waycross Ventures, Tao Capital Partners , LLC, Franklin Templeton Investments, The Chan Zuckerberg Initiative LLC, and Owl Ventures
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.
New Schools Venture Fund
NewSchools Venture Fund is a venture philanthropy organization focused on improving the education system by connecting people, resources, and innovative ideas. They invest in early-stage education innovators, having allocated over $400 million to impact 60% of the nation's public school students.
Franklin Templeton Investments
Franklin Templeton is a global investment management organization headquartered in San Mateo, California. The firm provides investment management expertise, wealth management, and technology solutions to clients in over 165 countries.
What's next for NEWSELA?
The recent major strategic investment signals a new phase of growth and expansion for NEWSELA. This capital infusion is expected to fuel further platform development, enhance content offerings, and broaden market reach within the K-12 education sector. The company is poised to leverage this backing to solidify its position as a leader in educational technology, potentially exploring new pedagogical approaches and expanding its user base globally. Strategic partnerships and continued innovation will likely be key to its future success.
See full NEWSELA company page
