Funding is the bane of new start-ups in business. It is no different in the education sector because there are many start-ups but not enough sponsorship. This is a plum area for investors who wish to develop their capital and make some money for the future. Here is a look at some of the leading schools around the world and their funding pattern.
This is for teachers of K5 classes. Here you get detailed videos on science that help teach the students what science is and how it works. It helps students learn science and engineering with a hands-on approach. It received $2 million in seed fund from Learn Capital, Reach Capital, and 500 Startups. The aim of Mystery Science is to keep the kids curious about science.
KIPP Philadelphia Public Schools
KIPP School is a public school free for all Philadelphia students. KIPP unites the teachers, the students, and their families to work for the success of the student. They received $2.2 million in the grant. Their mission is to develop the character and skills of the students while imparting knowledge. This is one of the best funded recently Education companies in the United States.
This is an online school for K-12 learners. They have hundreds of independent teachers who offer online classes. It is in San Francisco and began operations in 2015. Students can go online to see the classes on offer and learn. They received $1.4 million in seed funding from the Funders Club, SV Angel, Learn Capital and others.
Every child should learn with understanding, this is the aim of Educational Initiatives. They conduct a diagnostic exam to check the areas where the student is weak and where he or she is strong. Mindspark is the adaptive system for learning using digital methods which will stand in for the teachers. Footprint Ventures gave funding for this start-up last year.
Based in New York, Knewton is a learning technology service provider. They hope to bring personalized education to everyone in the world. They provide digital course material to education companies, teachers, and schools. This is one of the leading emerging Education companies in the United States. They also give recommendations on what to study to make it easy for the student to learn. They received a total funding of $157.9 million.
This startup offers students and teachers a mobile app to simplify their homework. It remains based in Beijing, China. It aims to help the K-12 students. They received a total funding of $155.7 million. The latest funding was from Genesis Capital and before that Legend Star. The daily users on Knowboxnumber more than one million. They received $10 million in Series a funding from Liu Qiangdong and TAL Education Group.
Getting in the door is not difficult if one keeps an eye out for the new start-ups. The education sector will always have its demand as there will always be students, getting enough schools is the problem. So, investments should be as easy as many of them get money through private investments.