LearnSprout
Provides data analytics software to educational institutions in order to detect at-risk students and improve their performance.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor investor investor investor investor investor investor investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
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LearnSprout operated in the educational technology sector, providing data analytics services to K-12 educators in the United States. Founded in 2012 by Franklyn Chien, Anthony Wu, and Joe Woo, the company emerged from the Imagine K12 accelerator. The founding team initially considered creating a new student information system (SIS) but quickly pivoted after recognizing the market was already saturated.
The company first developed an Application Programming Interface (API) to help software developers connect with various school information systems, aiming to simplify the creation of student accounts for different online tools. However, facing a crowded marketplace with competitors like Clever, LearnSprout pivoted again in the summer of 2013. The new focus shifted to data visualization, leveraging its existing technology to provide direct insights to school administrators. This service transformed raw data from a district's SIS into actionable analytics on student and school performance, tracking metrics such as attendance, grades, and college readiness to identify at-risk students.
LearnSprout's business model involved providing its software to K-12 school districts, and by 2016, it was used by over 2,500 schools across 42 states. The company secured $4.7 million in funding from investors including Andreessen Horowitz, Formation 8, and Samsung Ventures. In a strategic move to bolster its position in the education market, Apple acquired LearnSprout in January 2016 for an undisclosed amount. The acquisition was seen as a way for Apple to enhance its education offerings, particularly for the iPad, and to integrate LearnSprout's data-tracking capabilities into its own classroom tools.
Keywords: LearnSprout, edtech, K-12 education, student data analytics, student information system, data visualization, school performance, education technology, Apple acquisition, Franklyn Chien, Imagine K12, student tracking, attendance tracking, education software, SIS integration, data insights, academic performance, at-risk students, classroom tools, education analytics