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Here’s the pitch deck South Korean startup Riiid used to raise $42 million to build AI-powered education technologies

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South Korean startup Riiid is building AI-powered tools to help schools improve the way they educate students.
The startup created a hit app which boosted the test scores of users taking a standardized English proficiency test in South Korea and Japan. Riiid expanded to Silicon Valley this summer with a plan to introduce AI-powered learning tools in school districts in the US.
“Because of COVID-19, they are looking for alternatives,” CEO and founder YJ Jang told Business Insider. “That’s why we are seeing tremendous opportunities.”
Riiid’s US expansion coincided with a $42 million investment in a Series D round. Here’s the pitch deck the startup used.
Visit Business Insider’s homepage for more stories.

Artificial intelligence is fast becoming a ubiquitous technology, integrated into consumer products like smart assistants as well as enterprise tools, like to help businesses find more effective ways to sell their products and services.Entrepreneur YJ Jang, CEO and founder of educational technology startup Riiid, wants to use AI to dramatically improve the way young people learn.Founded in 2014 in South Korea, Riiid is building AI-powered tools to address the educational needs of students, teachers, and schools. In 2017, the startup released an app called Santa geared at people …

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Encouraging free exchange of ideas – The Statesman

encouraging free exchange of ideas – the statesman

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In India, an intense gap has always existed in learning levels brought about by monetary, social and geographic factors. As a result, the country has been missing out on its undiscovered human capital. But with increasing awareness, internet penetration and urbanisation, tier 2 and 3 cities are slowly becoming open to new forms of educational tools.
To give a push to the same, make education accessible and streamline the sector, the National Education Policy (NEP) 2020 has been released. According to the government, “It is a new education policy for the 21st century. It is important, as for 34 years there were no changes in the policy”. The policy aims to encourage online and digital education and make it more integrated, holistic, flexible and learner-centred. Some major changes that are expected to revolutionise the education sector include one regulator for higher education institutions, a credit-based system, more focus on mother tongue, lesser focus on board exams, integration of vocational education from Class VI onwards, and reduction in school curriculum to the core concepts.
Growing edtech market

Instead of buckling under the unpredictability of the situation, the in-charges of educational institutions have created a new space on the back of this unprecedented state of affairs. …

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Bridging the language gap

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The use of blended learning and technology could help build a robust population of English speakers

English has become imperative for anyone wanting to enter the knowledge-driven global job economy. Not only can better communication skills provide better job opportunities, it can also help existing employees grow and climb the corporate ladder.A simple online search reveals just one online job portal lists almost 250,000 jobs available that require English skills. Sectors such as technology, education, KPO, hospitality, advertising, and others want to hire employees who can articulate well in English, making English proficiency a critical 21st century skill. A recent report by Michael & Susan Dell Foundation and consulting firm, Sattva, found that English proficiency was a non-negotiable for 73% of job roles; 20% job roles categorised English as a ‘good to have’; while only 7% roles did not need fluency in English.Learning gapWhile privileged urban dwellers might argue that English is widely spoken in the country, the numbers tell a completely different story. The last census in India revealed that only 3% of rural citizens and 12% of urban citizens have the ability to speak in English.The good news is that Indian families are realising the gamut of opportunities that spoken English skills …

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Hybrid remote learning models still needed post-pandemic

hybrid remote learning models still needed post-pandemic

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As one of Australia’s leaders in remote learning and training teachers to use educational technology, Dr Sarah Prestridge is comfortable thinking ahead of the curve.
Dr Sarah Prestridge
When politicians were deciding on whether to shut down schools to limit the spread of COVID-19 in early March, she anticipated the once unthinkable, a mass shift of mainstream schools to remote learning.
“I thought to myself, teachers aren’t prepared for this. But they’re certainly very capable people and that’s when the rapid response videos emerged,’’ she said.
Within 24 hours, Dr Prestridge and Dr Denise Cox, a then PhD candidate from the School of Education and Professional Studies produced 16 short-form videos for teachers faced with the daunting challenge of teaching students through a computer screen and a webcam.
“The videos were developed to build teacher confidence and introduce them to key concepts in the research. We focused on turning teachers into learning engineers with the ability to use a range of digital tools to actively engage students.”
Within hours the teaching community took notice and a week later they had 15 more videos responding to specific questions and topics from teachers across Queensland.
Dr Prestridge said their approach to …

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Partnership expands education opportunities for West Virginia surgical technology students

partnership expands education opportunities for west virginia surgical technology students

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CHARLESTON, W.Va. — The West Virginia Department of Education and Alderson Broaddus University signed a joint memorandum of understanding Tuesday that expands educational opportunities for students completing the surgical technology program.The new offering is provided through the department’s Advanced Career Education, or ACE, program, and AB’s Extended Learning Department.The memorandum of understanding provides an opportunity for ACE surgical technology graduates to earn an Associate of Applied Science degree in surgical technology from Alderson Broaddus University.

The partnership emphasizes West Virginia’s commitment to growing a competitive and skilled workforce by creating opportunities for students to secure a successful career in the thriving healthcare industry.“Today’s signing illustrates the impact K-12 and higher education partnerships can have on generating education and workforce opportunities for West Virginia students,” said state Superintendent of Schools W. Clayton Burch. “This collaboration with AB creates a seamless career pathway for the students in our ACE surgical technology programs while also addressing an area of critical need in the medical field.”

ACE surgical technology programs are currently offered at four career centers across the state: Ben Franklin Career Center and Carver Career and Technical Education Center in Kanawha County, James Rumsey Technical …

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U.S. Department of Education Releases Parent and Family Digital Learning Guide – MyChesCo

u.s. department of education releases parent and family digital learning guide – mychesco

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WASHINGTON, D.C. — The U.S. Department of Education has released a new Parent and Family Digital Learning Guide, a resource to help parents and guardians understand how digital tools can provide tailored learning opportunities, engage students with course materials, encourage creative expression, and enrich the educational experience.

“As technology continues to iterate and benefit every part of our lives, all students need more opportunities to leverage the potential of technology in education,” said U.S. Secretary of Education Betsy DeVos. “We hope families can use the information we [released] as many of them are relying on technology more so than ever before and are navigating learning from home.”
Digital learning can help families and educators meet the specific needs of individual students, understand a child’s progress, and connect families and students with resources in their school community and beyond. As an increasing number of school systems implement digital learning both inside and outside of the traditional classroom, this guide demystifies digital learning for parents and empowers them to be effective advocates for high-quality digital learning.
READ:  Shusterman Brings Home Over $800k in Relief for Small Businesses Impacted by COVID-19The Parent and Family Digital Learning Guide includes guidance …

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Woot Math absorbed by Boston educational nonprofit

woot math absorbed by boston educational nonprofit

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Education-technology and online tutoring startup Simbulus Inc., which does business as Woot Math, has been acquired by Boston-based nonprofit group Saga Education.“With the COVID-19 pandemic and school closures, millions of students started this school year behind. To address COVID-19 learning loss, which disproportionately affects historically underserved students, schools and districts need to provide high-dosage, individualized tutoring,” Saga president Alan Safran said in a news release announcing the deal, terms of which have not been disclosed. “The bold and innovative technology coming out of Woot Math is a great addition to helping Saga accelerate our efforts to scale the program by making it more affordable, more accessible.”
Saga intends to make Woot Math’s suite of tools and tutoring technology more widely available and at a reduced cost to school districts and teachers, the release said.
Woot Math CEO Krista Marks will join Saga as the group’s new chief product officer.
“The platform was designed specifically for effective and engaging remote instruction of mathematics. Working with Saga gave us a terrific chance to see first hand how we are stronger together in our efforts to help young people succeed,” she said in a statement.
Woot Math’s team of 12 …

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Western PA schools share $1 million in COVID funds

western pa schools share $1 million in covid funds

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Several Pittsburgh area schools will receive their share of over $1 million in funds to help with COVID-19 related needs.

The money can be used to buy cleaning products or safety equipment,  staff training and educational technology for remote learning among other things.

Senator Jay Costa said, “We’re dealing with the third wave of COVID-19 infections right now, and our school buildings are not immune. I know our local districts are prioritizing safety for students, faculty and staff and it was a priority for me to advocate for these funds which will help them in their safety efforts.

“In addition to the safety measures being implemented in our schools, I want to also encourage everyone to wear a mask when they are out in public and observe social distancing whenever possible. This virus is still very dangerous and we need to take mitigation seriously.”

Here’s how the money breaks down among school districts:

Penn Hills SD – $113,923Pittsburgh SD – $738,155Riverview SD – $30,239Steel Valley SD – $44,680West Mifflin Area SD – $71,850Wilkinsburg Borough SD – $31,504Woodland Hills SD – $122,057

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Cinematic Health Education Receives Investment from Strada Education Network to Boost Nursing Career Tracks

cinematic health education receives investment from strada education network to boost nursing career tracks

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GREEN BROOK, N.J.–(BUSINESS WIRE)–Oct 27, 2020–Cinematic Health Education, a national leader in preparing allied health professionals for rewarding healthcare careers, today announced that Strada Education Network has made a strategic minority investment in the company to support its work developing meaningful professional pathways for Certified Nursing Assistants (CNA) and other similar roles.“Cinematic Health Education’s focus on educating frontline healthcare workers is well-aligned with Strada’s mission of improving pathways between education and employment,” said Jessica Hinkle, Strada’s senior vice president for strategic investments. “CNAs play a key role in the healthcare industry; we look forward to learning how individuals new to the role progress, so that we better understand the purposeful connections needed to build rewarding careers.”As part of the investment, Cinematic Health Education and Strada will conduct a first-of-its-kind study to track CNAs’ early career progression. This national longitudinal study will investigate how new CNAs progress in the workforce, looking at retention and career advancement. The study will tap into Cinematic Health Education’s growing pool of CNA candidates who will enter the workforce at residential healthcare facilities and other medical settings.Strada is the second major education investor to invest in …

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Sussex Tech honors Wilson as Educational Support Professional of the Year

sussex tech honors wilson as educational support professional of the year

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The Sussex County Vocational Technical School District has named Philip J. Wilson, the district’s technology coordinator, as its Educational Support Professional of the Year. He will represent Sussex Tech as the state honoree is chosen.“As a key leader and technology expert, Phil Wilson helped steer us through challenging times over the last year in supporting our remote learning efforts,” said Acting Superintendent Kevin Carson. “We are proud to have him on our team.”Wilson joined the district more than 20 years ago as a computer applications instructor with Sussex Tech Adult Education Division. When he was hired as the technology coordinator, he recalled, that technology was just beginning to become integrated into education.“Our campus didn’t even have Internet,” Wilson said. “Today, I can feel the enthusiasm in the room as I help teachers understand how to best use the technology that the district has provided. It’s very rewarding to walk by classrooms as teachers are actively using our tools and seeing the impact on students.”
Wilson also launched a student-intern program that now hires five or six students each year from the school’s Cisco Networking technical area under the school’s Work-Based Learning initiative.“Our …

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