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Newsela

Online platform for education content

Newsela logo
501-1000 employees
  • B2B
  • Education
  • Content
  • Learning
Theater District, New York, NY

Company mission

Newsela's mission is to provide meaningful classroom learning for every student.

Top investors

Few candidates hear
back within 2 weeks

16% employee growth in 12 months

Our take

While textbooks have been standard issue in classrooms for centuries, digital instructional materials are steadily becoming more prevalent. Newsela offers a learning platform that curates and rewrites news articles, historical speeches, and scientific papers to help accelerate learning.

The platform is available in both English and Spanish and includes quizzes, exercises, and writing prompts to help engage students at any level. More than 3.3 million teachers and 40 million K-12 students use the platform, which has proved extremely popular so far.

In 2021, Newsela reached unicorn status, joining EdTech competitors such as Quizlet and ApplyBoard. In 2022, research into the company's efficacy found that Newsela was 70% more effective at promoting reading skill maintenance and growth compared to an average summer reading program - demonstrating the value it brings to the space.

With its success so far, and a massive amount of funding at its back, Newsela is well placed to continue its expansion in the US market. Having recently focussed on updating and improving the platform, it now appears to be pursuing growth as it bolsters its leadership team and works to bring its operations to the "next level".

Kirsty headshot

Kirsty

Company Specialist at Welcome to the Jungle

Benefits

  • Unlimited time off
  • Learning budget
  • Paternal leave
  • Commuter benefits
  • Wellness discounts and resources
  • Pet insurance
  • Work from home opportunities
  • Health insurance

Funding (last 2 of 5 rounds)

Feb 2021

$100m

SERIES D

Mar 2019

$50m

SERIES C

Total funding: $172.2m

This company has top investors

Leadership

Dan Cogan-Drew

(Chief Academic Officer)

A qualified teacher with extensive, varied experience since 1994. Recent roles include experience as Director of Programs at EDUCATION CONNECTION and Director of Digital Learning at Achievement First Public Charter Schools.

Jobs (3)

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Marketing

Finance, Legal & Compliance

Sales & Account Management