LearnLaunch Fund + Accelerator Reveals 2023 Breakthrough to Scale Program, Backing Five Promising EdTech Startups

Published on : July 6, 2023 Published by : admin
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LearnLaunch Fund + Accelerator Reveals 2023 Breakthrough to Scale Program, Backing Five Promising EdTech Startups

LearnLaunch Fund + Accelerator, a prominent investor in the education technology (ed-tech) sector, has unveiled its highly anticipated 2023 Breakthrough to Scale program, featuring the selection of five promising ed-tech startups for investment and active engagement. These companies are dedicated to developing innovative solutions that provide future-proof learning, earning, and collaboration opportunities through cutting-edge technology and human-centered design.    

With a track record of strategic investments in more than 80 tech companies since 2013, LearnLaunch has achieved remarkable milestones. Its portfolio companies have collectively raised over $250 million in funding and positively impacted the educational journeys of over 40 million learners worldwide. LearnLaunch continues to foster the growth of visionary pioneers who drive accessibility, equity, and outcomes across diverse educational sectors.  

 

The five ed-tech startups participating in the program are

 
  1. Alchemy Vision (Los Angeles, California): Alchemy Vision specializes in workforce upskilling within the eye care industry. Their comprehensive digital platform efficiently trains employees while alleviating the workload of senior staff. The scalable and cost-effective approach empowers teams to positively impact practice growth, elevate patient satisfaction, and foster professionalism and confidence among staff members.

  1. Ann (Tel Aviv, Israel): Ann is revolutionizing the education publishing industry by accelerating digital transformation. Leveraging AI and machine learning technologies, Ann transforms static materials into dynamic, interactive content that integrates assessments and real-time reports for teachers, while preserving the essence of the original publications.

  1. Kiddie Kredit (Miami, Florida): Kiddie Kredit addresses youth financial literacy, aiming to close the income gap. Their mobile app educates children about the credit system and credit responsibility through chore completion, fostering financial literacy from an early age. The company has already formed partnerships with Equifax and several major financial institutions.

  1. Lingco (Lansing, Michigan): Lingco offers an adaptive language learning platform for K-12 and higher education. It assesses students' language competencies and provides actionable insights and engaging content to instructors, aiding better course structuring and helping students achieve proficiency.

  1. UpBrainery (The Woodlands, Texas): UpBrainery provides Exploration Pathways for immersive career exploration experiences for students in K-12 education. Focused on the rapidly growing Career and Technical Education (CTE) space, the company leverages AI and machine learning to provide hyper-personalized student learning paths. With built-in badging, micro-credentialing, and teacher tools, it is designed for easy implementation in any classroom.

These selected startups will embark on a transformative 12-week journey through LearnLaunch Accelerator's Breakthrough to Scale program, primarily conducted virtually. During this intensive period, the companies will seize opportunities to strengthen their product-market fit, expand their customer base, and establish scalable operational frameworks. The founders will receive support from mentors, venture partners, and funders within LearnLaunch's robust network. The program will culminate with a demo day scheduled for the week of October 2nd, 2023, held in New York as part of EDTECH WEEK.   LearnLaunch actively seeks to enhance its capacity by welcoming new, knowledgeable individuals to support the growth and development of startups. Jean Hammond, Founder, and General Partner, highlighted the positive feedback received from program alumni regarding their weekly meetings with LearnLaunch's Venture Partners. Notably, Dr. Alina von Davier, Chief of Assessment at Duolingo, has joined the Venture Partner team of industry experts.   In addition, LearnLaunch is thrilled to announce an equity investment into the Fund by Needham Bank under their Community Reinvestment Act umbrella.