TechStars-powered Kaplan EdTech Accelerator holds its first demo day in NYC
Summary
The three-month program, which ran from June to September, offered 10 education technology startups the typical accelerator fare: office space, mentors, and $20,000 in funding (from TechStars). “Everything that we think about education today stems in some measure from this man, and the notion of meritocracy that we think of as a core part how our higher-education system works, owes a lot to Stan Kaplan,” Rosen said. ModernGuild CEO Adrian Fraise claims its graduates are twice as confident about their career prospects, see 92 percent job placement (for college subscribers), and typically refer the service to six of their friends. PanOpen charges students an access fee, which founder and CEO Brian Jacobs claims is a quarter the typical cost of semester’s worth of books. The pitch: Jailbreaks the degree by tracking your lifelong education, both formal and informal Funding: Raised $900,000 so far, opening an additional round soon “Credentials are your currency,” says founder and CEO David Blake.
