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Knewton

EdTechUSAClosed 2019

Total Raised

$182M

Peak Valuation

Undisclosed

Employees

Year Collapsed

2019

Business model

Adaptive-learning software licensed to publishers and universities to personalize coursework.

In brief

An early adaptive-learning platform that personalized coursework difficulty based on student performance, licensing its technology to major textbook publishers. After more than a decade and roughly $182M raised without reaching sustainable profitability, its assets were sold to W…

See the What Happened tab for the full account.

Key facts

Founded
2008
Closed
2019
Headquarters
New York, USA
Industry
EdTech
Employees
Revenue
Undisclosed

Related failures

Often compared with: Coursera, Duolingo.