As students in many states return in person to classrooms, executives of education technology companies say they are dealing with a market that has been altered in a number of key ways.
Gov. Gavin Newsom’s is calling for channeling $115 million to openly licensed resources at the college level, an effort that some advocates say could shape K-12 materials, too.
Businesses in the education market face new and unfamiliar obstacles in delivering product support and professional development that spans remote, hybrid, and in-person learning environments.
Eager to reach new audiences and stay relevant during COVID, a number of education companies have overcome hurdles in unveiling new offerings during the ongoing health crisis.
School systems are expected to have broad latitude to spend money from the American Rescue Plan on classroom and non-academic needs.
A new class of special purpose acquisition companies could give rise to a constellation of publicly traded education companies, with more visibility and greater access to capital.
The pandemic has fueled demand for academic lessons outside of core curriculum, as districts seek flexibility and digital materials that engage students.
The pandemic has forced companies to change how they develop products, and what they look for in incorporating feedback from educators and families.
Many school systems applying for E-rate funding this year are focused on a new set of needs, and their shifting priorities have implications for ed-tech companies.
Investors are putting a premium on companies that have the products and expertise to span distance learning and a return to in-person lessons.