StageSeries D | Alive
Last Raised$100M | 2 yrs ago
Newsela develops an e-learning platform. It unlocks the written word by publishing daily news articles from media sources like the associated press, Washington post, tribune news service, and more. It was founded in 2013 and is based in New York, New York.
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Research containing Newsela
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CB Insights Intelligence Analysts have mentioned Newsela in 1 CB Insights research brief, most recently on Aug 31, 2020.
Expert Collections containing Newsela
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Newsela is included in 3 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
Education Technology (Edtech)
These companies offer tech-enabled solutions that facilitate education and learning for people of all ages, from pre-K to adult and professional education.
Aerospace & Space Tech
Latest Newsela News
Apr 14, 2023
K-12 Dealmaking: Reach Capital Partners Raises $215M Fund; Renaissance Completes Acquisition Reach Capital Partners raised $215 million in its fourth fund, a pool of capital aimed at investing in companies focused on education and economic mobility, the venture firm announced. The venture capital firm, founded in 2011, invests in early stage ed-tech startups, with portfolio companies that include well-known organizations in the market like ClassDojo , Nearpod , Newsela , and Paper . With the fourth fund, the firm is focused on investing in companies addressing some of the major issues facing education, including challenges facing K-12 districts, rising costs for child care and higher education, and the need for upskilling existing workers. The majority of the fund’s backers are institutional investors, Reach Partner and Co-founder Jennifer Carolan said in a post announcing the news. They include public pension funds and hospital and university endowments. The makeup of investors has shifted from the firm’s earlier fundraising rounds, with its first fund largely backed by tech entrepreneurs and venture capitalists from Silicon Valley. In addition to the firm’s fourth fund, Carolan announced the debut of a Reach Founders Fund, a sidecar fund fueled by 48 current or former founders in Reach’s portfolio. Its goals will mirror the fourth fund’s investments. “The addition of the Founders’ Fund will accelerate learning between our past and present founders — through board seats, talent networks, and sourcing — and further strengthen the Reach community and the broader ed-tech sector,” Carolan said in the post. The firm has been in the process of expanding it’s geographic scope as well. It aims to build on existing footholds in Latin America and Europe. “In our mission to improve lives through education, we’ve just scratched the surface,” she said. Renaissance closes acquisition of U.K.-based assessment company. Renaissance announced it has completed its acquisition of GL Education , a deal the companies first outlined in February. Terms of the deal were not disclosed. The acquisition will bring London-based GL Education’s formative assessments, used in more than 100 countries, into Renaissance’s existing instructional and assessment offerings. GL was founded in 1980 to provide assessments to students in the U.K. and Ireland and has since expanded its reach globally to include Africa, Latin America, and the Middle East. “GL Education’s mission has always been to enable every child to realize their full potential,” GL Education Chief Executive Greg Watson said in a statement. The deal will allow the two companies to “support school leaders all over the world in developing and tailoring an educational experience that is as unique as their students are. Pairing GL’s formative assessments with Renaissance’s suite of products will “further empower our educators and help leaders leverage data to make meaningful change based on each individual students’ needs,” Renaissance CEO Chris Bauleke said in a statement. Image by Getty
Newsela Frequently Asked Questions (FAQ)
When was Newsela founded?
Newsela was founded in 2013.
Where is Newsela's headquarters?
Newsela's headquarters is located at 475 10th Avenue, New York.
What is Newsela's latest funding round?
Newsela's latest funding round is Series D.
How much did Newsela raise?
Newsela raised a total of $170.72M.
Who are the investors of Newsela?
Investors of Newsela include Owl Ventures, Chan Zuckerberg Initiative, Technology Crossover Ventures, Franklin Templeton, Tao Capital Partners and 29 more.
Who are Newsela's competitors?
Competitors of Newsela include Achieve3000 and 3 more.
Compare Newsela to Competitors
ReadWorks.org helps teachers meet the nationwide crisis in reading comprehension. The non-profit helps teachers improve their effectiveness through research-based, classroom-proven practices and curriculum. ReadWorks is a non-profit, 501(c)3 organization delivering lesson plans directly to teachers online. There is no cost to educators or their schools.
Boclips is a platform that provides education providers with access to video clips, offering a large library for education. Knowledgemotion uses proprietary algorithms and machine learning to map clips to curricula and courses used by education providers.
Choosito! is a student search engine tool with enhanced filters for safety, reading level and subject area, providing schools with the ability to personalize and monitor student access to high quality free resources.
NoRedInk offers a web-based learning platform that helps students improve grammar and writing skills. The platform offers educational content and practice work.
The Khan Academy is a non-profit organization that makes educational videos available for free online. It has a library of over 1,800 videos with lessons on math, science, finance, and history.
WizeNoze makes the internet accessible to children. The company enables children to find and interact with online content that is adapted to their competence level. Kids can easily access age-specific content presented in a child-friendly way.
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