11 Boston-Area Ed-Tech Startups Poised to Make Noise in 2014
BostonInno – By Lauren Landry
Boston started seeing a natural ed-tech boom in 2012. Between the area’s storied institutions of higher learning and an ever-evolving public school system repeatedly recognized for its academic excellence, it was only a matter of time before the innovation community latched on to a core strength the city’s been flexing for centuries.
And as the ed-tech momentum started to grow, so did the interest of venture capitalists. Investments in ed-tech companies tripled in the last decade, jumping from $146-million in 2002 to $429-million in 2011.
The heightened interest sparked increasing hype here in the Hub. An ed-tech and learning-focused accelerator, named LearnLaunchX, made its Boston debut in early 2013, promising seven startups $18,000 in seed funding, as well as mentorship and a collaborative place to work.
As we move into 2014, it’s clear the buzz isn’t going to die down. A slew of new ed-tech startups will start entering the space, while dozens of others will make a noise that can’t be ignored. For a look at some of those companies destined to make a stir, keep reading.
International tuition payment platform peerTransfer went from working with 12 schools to more than 350 in less than two years. The momentum continued to grow after the company raised $6.4 million in June and another $6.2 million in December, promoting VP of sales and marketing Mike Massaro to CEO.
With the goal of providing cheaper and easier international transfer of tuition funds, peerTransfer will be moving into the new year with their sights set on growing more globally.← Back to Articles