LearnPlatform
Helping educators, schools and districts make data-driven decisions when choosing.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| N/A | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
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LearnPlatform, founded in 2014 by Karl Rectanus and Bill Mill, operates as a comprehensive edtech effectiveness system tailored for the education sector. The company was established in Raleigh, North Carolina, to address the growing need for educators and administrators to manage and evaluate the plethora of digital learning tools available. Karl Rectanus, with a background in education and public policy, brought his experience as a teacher, administrator, and entrepreneur to the venture, aiming to provide a structured approach to edtech evaluation. This mission is rooted in enabling educational institutions to make data-informed decisions about their technology investments.
The core of LearnPlatform's offering is a SaaS-based system of record that allows educational organizations to inventory their digital tools, streamline procurement processes, and analyze their effectiveness. This platform serves K-12 school districts, higher education institutions, and state education agencies by helping them organize, select, and ensure regulatory compliance for their technology stacks. A key feature, IMPACT™ Analysis, provides a framework for conducting rapid-cycle evaluations to measure how specific edtech tools affect student outcomes. The business model is primarily subscription-based, with revenue generated from licensing its platform and providing associated professional development and consultation services to these educational bodies.
In a significant milestone, LearnPlatform was acquired by Instructure, the parent company of the Canvas learning management system, in December 2022 for $47.5 million. This acquisition integrated LearnPlatform's evidence-based effectiveness system into Instructure's broader ecosystem, aiming to provide a more holistic solution for educational institutions. Following the acquisition, the platform continues to operate, offering its services to a wider network of educational clients and enhancing its capabilities through the synergy with Instructure's resources.
Keywords: edtech effectiveness, evidence-based edtech, learning ecosystem, student data privacy, edtech procurement, K-12 education technology, rapid-cycle evaluation, edtech management, Instructure, education administration