Dive Brief:
- After a three-month business development program with the Kaplan EdTech Accelerator, 11 startups had the the chance to pitch their ideas for improving education to a crowd of eager investors and education leaders.
- The Kaplan EdTech Accelerator was launched last year as a collaboration between Kaplan and Techstars, and it is currently the largest corporate-sponsored accelerator dedicated to education technology startups, according to Tech Cocktail NYC.
- Over the course of the three-month training, the chosen startups received $170,000 in investment capital and also got the opportunity to network and meet with Kaplan executives.
Dive Insight:
The 11 startups included Branching Minds, ClassWallet, Cognotion, CreatorBox, Edvisor.io, Lea(R)n, reKode, RobotsLAB, SmartOn, Story 2, and Tuva Labs. They represent a variety of solutions, ranging from learning platforms to easier ways for schools and districts to issue funds to teachers. Ultimately, Kaplan's program highlights how big the ed tech startup game has become — as well as the growing competition in the increasingly crowded space.
