š This week in EdTech š
Notable raises include:
š° US-basedĀ EmpowerlyĀ secured $10m in funding to help students achieve their academic and career goals. The data-driven company provides personalized college and career guidance to students and their families
š°Ā ModalĀ grabbed $6.7m to help employees develop technical skills through cohort learning and coaching. Co-foundersĀ Darren ShimkusĀ andĀ Dennis YangĀ (ex-Udemy) builtĀ ModalĀ to be a cohesive experience for social learning
š° IndiaāsĀ PeakperformerĀ raised $3m to democratize leadership coaching for managers at all levels and help them build behavioral skills in an engaging and measurable way.Ā PeakperformerĀ is working with a range of companies including Pfizer and Societe Generale
š° Bahrain-basedĀ LumofyĀ secured a $500k seed round to help organizations map competencies, assess skills, and align L&D with strategic priorities.Ā LumofyĀ has achieved growth in the ME region through partnering with leading governmental and private organizations
+ Former Twitter India headĀ Manish M.āsĀ Invact MetaversityĀ was seed-funded by 70+ global entrepreneurs and valued at $33m. The company is a fast-emerging leader in theĀ #MetaverseĀ world
ā”ļø In other news ā”ļøĀ Reach CapitalĀ announced their āReach Roadrunnersā initiative, a diverse network of operators and founders (from companies includingĀ Clever Inc.,Ā Calm,Ā Instabase,Ā Uber,Ā Coursera,Ā Guild Education) who are excited about improving education and theĀ #futureofworkĀ š„
Links to all articles below š
https://www.yahoo.com/now/empowerly-raises-10m-help-students-140000361.htmlĀ
https://www.yahoo.com/now/modal-io-raises-6-7-133200062.htmlĀ