The past few years have been tough for edtech companies.
In recent months, multiple edtech startups have raised fresh funding rounds while specifically touting AI as a core part of their business model.
These deals could signal that AI is ushering in a new era for edtech companies, and VCs who invest in the space are excited about the renaissance.
And Ednition, also one of Donnelly's portfolio companies, provides an infrastructure-as-a-service platform for other edtech companies to improve the data that goes into their AI models.
That's why it's so important to invest in ed-tech AI startups that help people rethink how they interact with technology and learn new skills necessary to successfully enter the workforce, he said.
Persons:
PitchBook, VCs, Brian Dixon, Dixon, we've, Numerade, Kapoor, Katelyn Donnelly, she's, I've, you'll, Donnelly, Avalance, OpenAI, we're, ChatGPT, Ryan Craig, Craig, edtech
Organizations:
Business, Labs, Kapor, Partners, Chingona Ventures, TechCrunch, Kapoor Capital, Lirvana Labs, Odyssey Education, University Ventures, ACT
Locations:
VCs, edtech