Newsela
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Newsela

https://www.newsela.com/
Last activity: 29.06.2023
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Categories: AIAutomationEdTechEducationSaaS
Newsela's platform takes real and new content from trusted providers and turns it into learning materials that meet State standards. Sign up free today!
Website visits
1.1M /mo.
Mentions
67
Location: United States
Employees: 201-500
Total raised: $170.3M
Founded date: 2012

Investors 7

Funding Rounds 5

DateSeriesAmountInvestors
25.02.2021Series D$100M-
13.03.2019Series C$50MTCV
06.10.2015Series B$15M-
17.09.2014Series A$4.1M-
09.10.2013Seed$1.2M-

Mentions in press and media 67

DateTitleDescription
29.06.2023Newsela Acquires FormativeNewsela, a New York-based provider of a K-12 instructional content platform, acquired Formative, a Santa Monica, CA-based provider of a real-time instruction and assessment platform. The amount of the deal was not disclosed. This acquisitio...
21.12.2022How EdTech Companies Can Get Freemium RightEdtech founders wonder if freemium is the best way to scale their impacts. (Photo by Patrick ... [+] Lux/Getty Images)Getty Images
14.10.2021Newsela breaks into interactive educational video with first acquisitionYouTube is the third-most-used website within schools, according to Matthew Gross, CEO and co-founder of Newsela. “That is incredible, considering how difficult it is to find videos, how unfiltered it is and how inaccessible it is for many ...
08.09.2021Improving literacy with mobile phones and tech tools in AfricaShare this article: Emeka was eight years old when he dropped out of primary school. He couldn’t read and write at the time, and his environment was not conducive for learning. “When I was in primary school, I used to think I wasn’t cut out...
06.03.2021Instructional Content Platform Newsela Closes $100 MillionNewsela — a leading K-12 instructional content platform — announced recently that it has raised a $100 million Series D round of funding led by new investor Franklin Templeton Newsela — a leading K-12 instructional content platform — announ...
01.03.2021Newsela picks up $100MNewsela has raised a $100 million Series D co-led by Franklin Templeton and TCV, with participation from Owl Ventures, Tao Capital Partners, Chan Zuckerberg Initiative and Waycross Ventures. The New York-based company is the developer of an...
28.02.2021Newsela Raises $100M in Series D FundingNewsela, a NYC-based textbook replacement SaaS for K-12, raised $100m in Series D funding. The round, raised at a $1 billion valuation, was led by Franklin Templeton with participation from TCV, Kleiner Perkins, Reach Capital and Owl Ventur...
26.02.2021New York based Edtech startup Newsela raises US $100 million in series D roundAmerican company Newsela that seeks to replace textbooks in classroom learning, announces the raise of US $100 million in its Series D round late in February 2021. The round witnessed major participation from new investor Franklin Templeton...
26.02.2021Newsela Raises $100M to Challenge K-12 Textbook Publishers, Eyes AcquisitionsBusiness news is packed with unicorns, and Newsela is the latest in education to join the herd after reaching the vaunted billion-dollar valuation. That status comes courtesy of a $100 million investment led by Franklin Templeton and existi...
25.02.2021Newsela, the replacement for textbooks, raises $100M and becomes a unicornNewsela, a SaaS platform for K-12 instructional material backed by the likes of TCV, Kleiner Perkins, Reach Capital and Owl Ventures, announced today that it has raised $100 million in a Series D round. The financing was led by new investor...
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