BOSTON, May 7, 2019 /PRNewswire/ -- LearnLaunch Accelerator is thrilled to announce its latest round of investments and unveil the four edtech companies selected for its highly competitive Breakthrough Program. Since 2013, LearnLaunch Accelerator has invested in nearly 60 edtech companies and continues to be recognized for its strong track record accelerating industry-leading solutions and teams dedicated to improve teaching and learning.
"The edtech industry is undergoing unprecedented growth," said Jean Hammond, Co-Founder and General Partner at LearnLaunch Accelerator. "This change is visible in deeper understanding and appetite for technology solutions coming from education practitioners, larger investment rounds, and world-wide edtech funding surpassing $8B in 2018. It's important now, more than ever, for companies looking to participate in this market to tighten their entry, growth, and scaling strategies. It's challenges like these that our program is designed to support companies through."
The 5-week intensive program is designed for revenue-stage companies and focuses on developing comprehensive growth strategies. Each company will work on individual success metrics to signal the market that it is ready to scale and will leverage LearnLaunch's world-class mentors, partners, and follow-on funders to help them get there.
"Our milestone-based funding model helps companies set clear development targets and stay razor-focused on achieving those goals throughout and following the program," said Tetyana Astashkina, General Partner at LearnLaunch Accelerator. "We are humbled by the quality of applicants we received this year and are eager to deliver a highly personalized experience for each."
- CognaLearn (Singapore) – CognaLearn aims to transform the delivery of education by replacing lectures with patent-pending Team-Based Learning methods and technology.
- Indigo (Boulder, Colorado) – Indigo improves engagement, retention, and career readiness for K-12 and higher education with an actionable Social and Emotional Learning dashboard of personal skills, traits, and motivators for use by teachers, staff, students, and parents.
- InScribe (Denver, Colorado) – InScribe is an intelligent Q&A platform that leverages the power of community + AI to connect learners with the answers, resources, and individuals they need to succeed.
- Skillist (San Francisco, California & Boston, Massachusetts) – Skillist is a skill-based job application platform that makes it possible for companies to hire the best people based on what they can do, instead of where they come from.
Interested in getting involved? Email us: [email protected].
About LearnLaunch Accelerator
LearnLaunch Accelerator is the leading edtech startup program. We run two investment-focused programs as well as personalized bootcamps for edtech companies across earlyed, K-12, higher ed, and workforce. Using our unique mix of milestone-based funding, 1x1 venture partner & mentor support, we work with impact-driven entrepreneurs on achieving product-market fit and developing scaling strategies. Our relationship-driven approach supports funding, partnerships, and growth for the long-term. For more information, visit www.learnlaunch.com/accelerator.
LearnLaunch Accelerator is licensee of LearnLaunch, Inc., a 501c3 non profit dedicated to catalyzing innovation in the education sector. For more information, visit: https://learnlaunch.org.
Contact:
Ben Bungert
Director of Operations, LearnLaunch Accelerator
508-789-6857
[email protected]
SOURCE LearnLaunch Accelerator
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