BOSTON, April 7, 2020 /PRNewswire/ -- Today,
LearnLaunch Accelerator announced the five edtech companies
selected for investment and participation in its next program.
These startups are building solutions particularly relevant to the
current learning and work environment: remote team training, peer
assessments, digital music education, gamified learning, and tools
to bridge education, employment, and lifelong learning.
"As the world changes rapidly in response to COVID-19,
traditional education delivery is changing precipitously," said
Jean Hammond, General Partner at
LearnLaunch Accelerator. "We've been talking about 'the future of
education' for too long and now the future is here. Unfortunately,
education systems are underprepared. Technology can, eventually,
aid in the delivery and communication for every learner -- the gaps
are more apparent now than ever before. This cohort features
companies supporting this physical to digital transition across
k-12, higher ed, and workforce."
The program, which kicked off on Monday, will take place
remotely until all social distancing protocols are lifted
nationally. "We have been redesigning our program to fit with the
new digital world. Much of the in-person value of our program,
mostly our human capital delivery, will still take place but with
some significant adjustments. Luckily, we have a great group of
senior advisors in our venture partners who are committed to
working through these new challenges with us and the companies,"
said Ben Bungert, Director of
Operations.
In addition to deep support from the venture partners, companies
also get relevant curriculum delivered weekly, milestone-based
funding, and sector-specific mentors. LearnLaunch Accelerator's
partners at ETS will also play a pivotal role in supporting each
company in the form of venture partners, experts, and an on-site
bootcamp.
LearnLaunch Accelerator also announced ECMC Foundation's
investment in their fund. Their program-related investment
portfolio, Education Innovation Ventures, has been investing in
early stage startups geared towards advancing solutions in
postsecondary education and economic mobility. "We feel that we
have already been working together to grow great edtech companies,"
said Jessica Haselton, Director of
Program-Related Investments at ECMC Foundation. "We are excited,
however, to deepen the relationship and further support the
development of the education innovation ecosystem to help build
evidence-based practice in education. Like LearnLaunch, we believe
it is important now more than ever, to support this work."
For more information, please visit:
https://learnlaunch.com/accelerator
Contact:
Ben Bungert
Phone:
1-508-789-6857
Email:
ben@learnlaunch.com
LearnLaunch Accelerator is the leading edtech startup program.
We run two investment-focused programs as well as personalized
bootcamps for edtech companies across earlyed, K-12, higher ed, and
workforce. Using our unique mix of milestone-based funding, 1x1
venture partner & mentor support, we work with impact-driven
entrepreneurs on achieving product-market fit and developing
scaling strategies. Our relationship-driven approach supports
funding, partnerships, and growth for the long-term. For more
information, visit https://learnlaunch.com/accelerator.
LearnLaunch Accelerator is licensee of LearnLaunch, Inc., a
501c3 non profit dedicated to catalyzing innovation in the
education sector. For more information, visit:
https://learnlaunch.org.
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SOURCE LearnLaunch Accelerator