Dive Brief:
- EdSurge analysis reveals that 18 ed tech deals produced $145.4 million in May.
- The top 3 deals are AltSchool with $100 million in Series B, Inkling with $15 million in Series D, and Wonder Workshop with $7 million in Series A1.
- The deals range from micro schools to digital books to robots.
Dive Insight:
Even with billions of dollars raised, many argue that success in the classroom is the best measure of education technology's impact. By the end of the year, ed tech is projected to have raised $2 billion. Funding in 2014 was close to that mark with $1.87 billion. The debate continues to swirl around a couple of factors; whether schools in more affluent districts have a big advantage over poorer districts, and whether classroom teachers and face-to-face interactions are being neglected. Wonder Workshop promotes smart robots for curious minds. Inkling, which has customers outside of K-12 education, pushes digital content to multiple platforms. AltSchool, which received its massive investment from Facebook's Mark Zuckerberg, adopts a personal approach with an emphasis on innovative classroom tools.