HMH to Acquire NWEA

Funding Rounds

Summary

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. The proceeds of the acquisition will be used in the near term to fund the continuation of a not-for-profit focused on helping all children learn and achieve their full potential, with plans to eventually convert to a private foundation. Houghton Mifflin Harcourt (HMH) is a learning technology company committed to delivering connected solutions that engage learners, empower educators and improve student outcomes. The firm invests in companies that provide critical products, software, and services, primarily technology and technology-enabled solutions, to government and commercial customers worldwide.

$ Funding

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Amount - Total raised
Date - Announcement date
Investors Veritas Capital, Learning Company, 2bCrowdFunded Digital Magazine Lead investors
Company - Funded company

Classifications

industries
No industries detected
applications
Data Management

AskAI Classifications

Labels
Education Technology SaaS Assessment Software

Linked Companies

HMH Education Company
$10M to $25M
NWEA
$100M to $250M