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Knewton Overview
Knewton is an online learning company that offers preparation courses for standardized tests, such as the GMAT, LSAT, and SAT. The company was founded in 2008 by Jose Ferreira, a former executive at Kaplan, Inc. Based in New York City, it has raised $2.5 million in investment capital from Accel Partners, Reid Hoffman, Ron Conway, and Josh Kopelman at First Round Capital. The company was a finalist...More»
Knewton is an online learning company that offers preparation courses for standardized tests, such as the GMAT, LSAT, and SAT. The company was founded in 2008 by Jose Ferreira, a former executive at Kaplan, Inc. Based in New York City, it has raised $2.5 million in investment capital from Accel Partners, Reid Hoffman, Ron Conway, and Josh Kopelman at First Round Capital. The company was a finalist in the 2008 Amazon Web Services Start-Up Challenge.
In April 2009 Knewton closed a $6 million Series B round of funding led by Bessemer Venture Partners with returning investors.
In April 2010 Knewton closed a $12.5 million round of funding led by FirstMark Capital with returning investors.
Knewton uses adaptive learning technology to identify each student's unique strengths and weaknesses. Concepts are tagged at very specific levels, testing students' grasp of hundreds of skills measured by standardized tests.
Knewton plans to apply its technology to a wide range of education markets.«Less
Key People
Management
Board of Directors
Funding
| Date | Type | Capital Amount | Post-Money Valuation | Investors |
|---|---|---|---|---|
| 05/2008 | Series A | 2.5M | Unknown | |
| 2009 | Series B | 6M | Unknown | |
| 04/2010 | Series C | 12.5M | Unknown | |
| 10/2011 | Series D | 33M | Unknown |
Products
| Name: | Online GMAT Course |
| Product URL: | http://www.knewton.com/GMAT |
| Date Launched: | 11/2008 |
| Description: | Study when you want, where you want. Attend live classes from anywhere in the world or view archives on demand. Knewton GMAT Prep has developed the industry's first adaptive learning engine, customizing educational content to meet the individual needs of each student. |
| Name: | Online LSAT Course |
| Product URL: | http://www.knewton.com/lsat/ |
| Date Launched: | 03/2009 |
| Description: | Knewton’s online LSAT prep course leverages technology to bring the brightest, most experienced teachers to students around the world. Until now, students were subject to the local teachers in their area, regardless of experience or expertise. Knewton has assembled some of the best instructors in the industry to reach many more students through the internet. |
Competitors
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Page Information
10/14/2011 03:19AM by limguine
User Opinions
Bulls vs. Bears (4)
| Bullish Opinions (3) | Author/Date | Do you agree? | |
|---|---|---|---|
|
their classes are totally awesome |
randomturn 11/25/2008 |
  |
100% 2 votes 2 0% 0 |
|
Management/board have strong experience |
need4speed 06/16/2008 |
|
100% 2 votes 2 0% 0 |
|
education is always top priority for many people |
need4speed 06/16/2008 |
|
100% 2 votes 2 0% 0 |
| Bearish Opinions (1) | Author/Date | Do you agree? | |
|---|---|---|---|
|
Mildly bearish. Unclear differentiated value concept, limited educational market range. |
acqua 04/21/2009 |
|
50% 2 votes 1 50% 1 |
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| Alexa Rank: | n/a |  |
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| Yahoo Search Results: | n/a | ||
News & Blogs
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Knewton Prepares To Take Education by Storm [TCTV]
Jan 26, 2012 - 0 comments
Pearson and Knewton Team Up to Make Learning Personal
Nov 1, 2011 - 0 comments
Pearson and Knewton Partner to Advance Next Generation of Digital Education
Nov 1, 2011 - 0 comments
Knewton Strikes A Deal To Power Pearson’s Digital Education Courses
Nov 1, 2011 - 0 comments
Online Education Startup Gets $33 Million in Funding
Oct 14, 2011 - 0 comments
Knewton on Twitter
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