Swing Education Raises $38 Million in Series C Funding

SAN FRANCISCO  – Swing Education, an online marketplace that connects schools and substitute teachers, announced today $38 million in Series C funding. The funding round was led by funds advised by Apax Partners LLP (“Apax”), a leading global private equity advisory firm, and by edtech investment firm Reach Capital. The funding enables Swing Education to invest in its growth and better address the nation-wide substitute teacher shortage.

This financing follows a 2018 Series B funding co-led by GV (formerly Google Ventures) and Owl Ventures and a seed round from a consortium that included Social Capital, Kapor Capital, Moment Ventures, Ulu Ventures, Red House Education, and Edovate Capital.

Swing believes that every classroom deserves a teacher, and every student deserves to learn without disruption. Since its founding in 2015, Swing has worked to improve the experience of being a substitute teacher and made it easier for K-12 schools to grow and manage their substitute teacher pools. Swing currently works with over 2,800 school partners and in the 2022-23 school year has supported these schools in filling over one million instructional hours with substitute teachers. …Read More

Millwood Public Schools receives $116,000 from Paycom, benefitting marching band, music program

OKLAHOMA CITY –  Paycom Software Inc. (NYSE:PAYC),  a leading provider of HR software, gave $116,000 to the Millwood Enrichment Foundation as part of a two-year commitment to the school district. The donation is an investment in the future of Millwood Public Schools and brings new resources that support ongoing and new educational programming. One specific area the funding will impact is Millwood’s expanding marching band program. 

“We greatly appreciate this generous donation from Paycom,” said Milo Wilson, president of Millwood Enrichment Foundation. “The funding will help to provide ongoing support for programs at the district and further improve the quality of education in our schools, specifically to improve our music education programs and provide new instruments for students who participate in band.” 

Millwood’s marching band has grown from around a dozen students in 2019 to over 70 students from grades 6-12 today. The first installment of the two-year financial gift from Paycom of $54,000 will directly support this important program. …Read More

How learning science informs edtech product development

It’s no secret that the pandemic shift to remote learning resulted in boom times for edtech. Market intelligence firm HolonIQ expects global edtech spend to reach $300 billion in 2022 and up to $404 billion in 2025. The growth is fueling investment, too, as last year venture capital tripled over pre-pandemic levels.

But is all that money well spent on learning products with proven efficacy in the classroom, or are those billions going toward technology for technology’s sake?

With the boom in edtech and so many shiny, new product offerings on the market, it’s essential for educators to select tools they can trust will have a long-term impact on learning. More often than not, these are the tools that have prioritized learning science in their product design, to guide product vision and focus.…Read More

HMH to Acquire NWEA

Boston and Portland, Ore.—Learning technology company  HMH and  NWEA, a not-for-profit, research and educational services organization serving K-12 students, announced today they have signed an agreement for HMH to acquire NWEA. Upon closing, NWEA will operate as a division of HMH, with its current offerings, including its flagship assessment—MAP Growth—remaining under the NWEA brand. NWEA assessment solutions will be integrated with HMH curriculum on HMH’s platform to create a combined offering that links interim assessment to instruction. HMH is a portfolio company of Veritas Capital, a private investment firm that focuses on companies that provide technology and technology-enabled solutions to government and commercial customers worldwide.

By combining NWEA’s assessments with HMH’s curriculum, HMH is expected to deliver a holistic solution for educators that helps them understand how students are growing academically and what areas need the most focus to maximize that growth. Most importantly, this solution will turn insights from assessments into content recommendations that help teachers address student-specific skill gaps and advance student learning.

“We are thrilled at the potential this acquisition brings for K-12 educators, at a time when the connection between instruction and assessment is increasingly critical for student success,” said Jack Lynch, CEO of HMH. “HMH and NWEA have great alignment in mission and long-term vision and share the collective belief in the transformative power of education. Both teams are deeply focused on helping all children learn and serve millions of K-12 educators and students across the globe.”…Read More

STEM learning makes this educator shine

Each year, we share our 10 most-read stories. Not surprisingly, many of this year’s Top 10 focused on innovative ways to engage students, digital resources, and online and hybrid learning strategies related to post-pandemic teaching. This year’s 7th most-read story focuses on a Hero Awards winner dedicated to STEM education.

One of three eSN K-12 Hero Awards winners and nominated by Bluum, Kim Leblanc was selected for the innovative STEM learning initiatives she champions in her district and for her students.

Conventional wisdom would say that economically disadvantaged schools across the country would need to think twice before making a major investment in technology. However, not all districts in that predicament have a technology director like Kim Leblanc.…Read More

Predicting innovation trajectories in K-12 education

There are lots of promising innovations in tiny pockets of the education system, but decades of advocacy and investment have failed to see those innovations scale. How can we better predict which innovations flourish and which founder?”

My last blog post argued that new value networks are the missing enablers for disrupting the conventional model of K–12 schooling. But the concept of value networks can do more than explain why disruptive models struggle to take root. All organizations live within value networks. And analyzing an organization’s value network makes clear whether and how it will approach potential improvements and innovations.

What are value networks?…Read More

Dedication to STEM learning makes this eSN Hero Awards winner a standout leader

One of three eSN K-12 Hero Awards winners and nominated by Bluum, Kim Leblanc was selected for the innovative STEM learning initiatives she champions in her district and for her students.

Conventional wisdom would say that economically disadvantaged schools across the country would need to think twice before making a major investment in technology. However, not all districts in that predicament have a technology director like Kim Leblanc.

Calcasieu Parish School Board is the fifth-largest school district in Louisiana, resting in the southwest part of the state. In total, the district serves 29,500 students across 60 elementary, middle, and high schools. It is a 100 percent CEP district, which means that every student is eligible for free lunch based on the economic poverty data submitted to the federal government.…Read More

It’s time to permanently increase education funding–ESSER spending proves it

In the last two years, an unprecedented increase in funding has flooded into schools around the country courtesy of the Elementary and Secondary Schools Emergency Relief (ESSER) package. While ESSER’s primary intent was to help mitigate the effects of COVID-19 on schools and students, it may also be illuminating a much bigger truth.

What if the lesson we are supposed to learn from ESSER isn’t about the power of one-time relief or struggles to spend it, but instead about the necessity of an increased, recurring investment in our schools that educate those who have been historically underserved?

The first two rounds of federal ESSER funds are posing challenges for the 6,988 school leaders who must allocate the dollars, a recent report from the Association of School Business Officials finds. The reasons aren’t as simple as one might think. These challenges are directly connected to the chronic underfunding of our schools across the country — especially those in underserved communities — which is an issue with implications far beyond ESSER funding, according to a July 2022 report from the Economic Policy Institute. …Read More

Ripple Effects, Leader in Social Emotional Learning, Announces New Chief Executive Officer John Ray-Keil

NEW ORLEANS – June 27, 2022 – Today, Ripple Effects, a leader in digital social emotional learning (SEL), mental health and behavior supports, announced the appointment of John Ray-Keil as its new CEO. Ray-Keil succeeds co-founder, Alice Ray, who will become chair of the board.

Prior to joining Ripple Effects in 2019, Ray-Keil served as CFO of BlueFoot Partners, an investment firm. He has more than 20 years of experience growing small companies and optimizing portfolio management. Ray-Keil also served on the boards of numerous local youth and school organizations and is an advocate for advancing scalable solutions in the education market.

“John’s deep experience and success in the financial sector coupled with his commitment to delivering the best digital content to help PreK-12 students receive the social emotional supports they need uniquely position him as the right person to move the company forward,” said Alice Ray, chair of Ripple Effects board of directors.…Read More