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Top related persons:
Preply - 1 Kirill Bigai - 1 Dmytro Voloshyn - 1 Sergey Lukyanov - 1 Bigai - 1 Lukyanov - 1 James Kim - 1 Jerome Pesenti - 1
Top related locs:
Ukraine Boston Texas Barcelona Kyiv Berlin Czech Russia
Top related orgs:
Owl Ventures - 2 Preply - 1 Horizon Capital - 1 Morning - 1 Skype - 1 Horizon - 1 Reach - 1 Hoxton Ventures - 1

Search resuls for: "Owl Ventures"


6 mentions found


☆ How Preply became one of the largest online language learning startups in the world
  + stars: | 2023-08-28 | by ( Madeline Renbarger | ) www.businessinsider.com   time to read: +4 min
He started to see the potential for online language tutoring as a viable business model, since online lessons were cheaper than in-person lessons and class schedules were more flexible. In the summer of 2012, Bigai, Voloshyn and Lukyanov founded the online language learning startup Preply. Last month, Preply raised a $70 million Series C extension round with a combination of debt and equity led by Horizon Capital. Reach Capital, Hoxton Ventures and Owl Ventures, which led its previous $50 million Series C in 2022, also participated. The company's successful fundraising comes after a difficult year personally for the Preply team.
Persons: Preply, Kirill Bigai, Dmytro Voloshyn, Sergey Lukyanov, Bigai, Lukyanov, James Kim Organizations: Preply, Horizon Capital, Morning, Skype, Horizon, Reach, Hoxton Ventures, Owl Ventures, Datadog, Bain, Reach Capital Locations: Ukraine, Boston, Texas, Barcelona, Kyiv, Berlin, Czech, Russia
☆ Here's an exclusive look at the pitch deck a former Meta VP used to raise $7.5 million in seed funding for his AI chatbot tutoring startup that helps students with STEM homework
  + stars: | 2023-08-22 | by ( Madeline Renbarger | ) www.businessinsider.com   time to read: +4 min
Sizzle AI is a new AI tutoring chatbot startup where students can get help with STEM homework. Sizzle AI was founded by an ex-Meta vice president and just raised $7.5 million in seed funding. Sizzle AI has launched in both the Apple App store and Google Play store and just raised $7.5 million in seed funding led by Owl Ventures, with participation from 8VC. Other AI tutoring chatbots have popped up in recent months, most notably Khan Academy's Khanmigo chatbot. See the pitch deck that Sizzle AI used to raise $7.5 million in seed funding:
Persons: Jerome Pesenti, Pesenti, Khan, Sizzle, Emily Bennett Organizations: Meta, Apple, Google, Owl Ventures, 8VC
☆ VC Ian Chiu's passion for education began when he shared his secrets to getting scholarships in a book. Now he helps edtech startups make a difference as a top investor at Owl Ventures.
  + stars: | 2023-05-30 | by ( Madeline Renbarger | ) www.businessinsider.com   time to read: +4 min
At 18, Ian Chiu started writing a book with his brothers on how to land college scholarships. Now as managing director at Owl Ventures, Chiu has coached founders that are edtech success stories. If you ask Owl Ventures' Ian Chiu about the moment he first realized he could help others through education, he will immediately have an answer. So the three brothers decided that writing a guidebook on getting scholarships could be a fun project to share their newly acquired knowledge. But beyond the business side, writing the book also showed Chiu how his work helping others access better education opportunities could make a difference in people's lives.
☆ Edtech venture capital firm Reach Capital raises $215 million for its largest fund ever and has its sights set on backing more generative AI startups
  + stars: | 2023-04-10 | by ( Madeline Renbarger | ) www.businessinsider.com   time to read: +4 min
Reach Capital has closed its fourth fund with $215 million to invest in education startups. The team is also looking to back more companies using generative AI in education, Reach Capital founding partner Esteban Sosnik told Insider. Near the end of 2022, edtech investing had just reached $8.89 billion in 2022, according to PitchBook. While generalist investors still have some interest in edtech deals, some of the hype has worn off. Reach has also backed several edtech startups that went on to become unicorns, or reach a valuation of over $1 billion, including Outschool, ClassDojo, and Handshake.
☆ VCs say AI in the classroom and tech meant to help students who've fallen behind will be among the top edtech trends in 2023
  + stars: | 2022-12-19 | by ( Madeline Renbarger | ) www.businessinsider.com   time to read: +2 min
In fact, annual venture-capital funding to edtech startups has more than tripled since 2019, according to PitchBook data. That increased nearly threefold in 2020, to $14.1 billion, and then reached a record total in 2021 with $16.8 billion, PitchBook found. PitchBook estimates that edtech funding in 2022 stood at $8.4 billion as of December 15, as schools reopening led to less need for virtual teaching tools. Edtech startups across all sectors tend to be countercyclical compared with the economy at large, according to Amit Patel, a managing director at Owl Ventures. Here are the top four edtech trends to watch in 2023, according to top edtech investors.
☆ How to invest in the education tech trend as schools spend billions to close the Covid learning gap
  + stars: | 2022-09-17 | by ( Christina Cheddar Berk | ) www.cnbc.com   time to read: +11 min
In a race to catch up, school districts are putting an increased emphasis on assessments to ferret out students' weak spots. Chronic absenteeism is already a rampant problem that is continuing to worsen, particularly in school districts with low-income students. She also said products need to be engaging for students, while also providing evidence that the methods used are effective. "Districts need products that work," she said. "They don't need products that look sexy or that have, you know, exciting front ends, they need products that are actually going to work and support students to improve learning."
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