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About Newsela
Industries
Education
Company Size
201-500
Company Stage
Series D
Total Funding
$167.5M
Headquarters
New York City, New York
Founded
2013
Overview
Newsela offers tailored educational content for K-12 students, providing engaging instructional materials in subjects like English Language Arts, Science, and Social Studies. Schools and districts subscribe to access a library of articles that are updated daily and available at five different reading levels, ensuring accessibility for all students. The platform integrates with Learning Management Systems and includes features like activities and reporting tools to support teachers. Newsela aims to transform classroom content delivery by enhancing student engagement and supporting diverse teaching needs.
Simplify's Take
What believers are saying
- Acquisition of Formative enhances real-time assessment capabilities for educators.
- Growing demand for personalized learning tools boosts Newsela's market potential.
- Hybrid learning models increase reliance on digital content, benefiting Newsela's flexible offerings.
What critics are saying
- Partnerships with controversial content providers may lead to backlash and affect reputation.
- Recent layoffs could impact operational efficiency and service quality.
- Integration of new acquisitions may strain resources if not managed effectively.
What makes Newsela unique
- Newsela offers content at five reading levels, catering to diverse student abilities.
- The platform integrates with Learning Management Systems for seamless educational content delivery.
- Newsela continuously updates its library with real-world content from trusted sources.
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Funding
Total Funding
$167.5M
Meets
Industry Average
Funded Over
5 Rounds
Kleiner PerkinsIndustry standards
Benefits
Medical, dental, & vision insurance
Pet insurance
Work from home
Parental leave
Flexible PTO
Inclusive experiences
Professional development
Growth & Insights and Company News
6 month growth
↓ -2%1 year growth
↓ -1%2 year growth
↑ 0%Newsela has acquired Generation Genius for $100 million, enhancing its K-12 educational offerings with Generation Genius's K-8 science and math videos. This acquisition aims to deepen student engagement and support teachers by combining Newsela's content and assessment tools with Generation Genius's engaging lessons. The deal includes cash and performance-based payments. Newsela continues to expand its innovative products, including recent acquisitions and AI-powered solutions.
In one clip from the Accuracy in Media videos, an administrator from an Indiana school district acknowledged Newsela had partnered with the Southern Poverty Law Center and the Howard Zinn Education Project and said that "our teachers know that but they're not saying that out loud."
And since Formative has joined forces with Newsela, the leading K-12 instructional content platform, Formative is excited to team up and support you and your student all school year long.
The ed-tech content provider Newsela is expanding its ability to provide real-time assessment results to its users through its acquisition of the company Formative.
New York, NY - Newsela, the leading K-12 instructional content platform, announced today that it has acquired Formative, the leading real-time instruction and assessment platform.
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About Newsela
Industries
Education
Company Size
201-500
Company Stage
Series D
Total Funding
$167.5M
Headquarters
New York City, New York
Founded
2013
Newsela is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today