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California Business Journal

The Rise of EdTech Startups: Innovative Solutions for Student Success

Educational technology is steadily growing every year. Nowadays, EdTech is a crucial part of the educational process. All innovative institutions adopt new technologies, solutions, and tools to enhance the learning experience. And startups play a vital role in this process.

by Bia Pendelton, California Business Journal
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The EdTech industry has come a long way from adopting computers to internet-based software solutions and tools. As a result, students can access various tools that make learning easier, faster, and more personalized. In addition, innovation increases the accessibility of education to wider groups of people.

In today’s digital age, it’s unheard of to see a college student without a laptop. This is just a glimpse into the profound influence of technology on academic pursuits. Thanks to the internet, students can tap into a plethora of resources and information. For instance, those facing challenges in crafting their papers can quickly turn to dissertation writing services for expert guidance. This professional support not only guarantees top-notch grades but also enhances the learning experience.

In addition, professionals can offer editing and proofreading of college papers of any type. They can polish your work to prepare it for submission. Or they can do it from scratch if you need more time for other responsibilities.

It is a great way to learn from collaborating with the best. Under expert guidance, students can learn more about academic writing and its intricacies. They can also build advanced skills from examples and advice. It is just one of the ways technology makes education more straightforward and convenient.

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According to the Grand View Research report, the global market value for educational technology has reached $123.5 billion in 2022. The same report forecasts annual growth of 13% in the next seven years. It means more startups and more breakthrough ideas.

According to Statista, several major spheres of EdTech are going to attract more investment by 2025, namely:

  • Augmented/Virtual Reality
  • Artificial Intelligence
  • Robotics
  • Blockchain

EdTech has already introduced a lot of functional solutions for students. It includes online courses and platforms, educational applications, digital textbooks, and learning management systems. For instance, it also covers AR/VR practice tools used in pilot and surgeon training.

And the role of startups is vital in this progress.

They aim to bring new products to the market to solve existing problems. Startups serve as an innovation-generating core of the EdTech industry. Many students decide to start their businesses or develop unique solutions during college. Although only some startups succeed, those that do have the potential to revolutionize education.

Learning about such startups is inspirational. But also, it gives a better understanding of how new solutions ensure student success. Here are some of the most fascinating ones to check out.

The Most Exciting EdTech Startups So Far

Labster

It is a helpful solution for students to practice various experiments safely. Labster is a virtual lab where you can run all experiments digitally. So there is no need to have access to specific physical equipment. Instead, it comes with guided instructions from mentors. And the experience is quite immersive.

One of the best features is that it is available 24/7. Students can use virtual analytical instruments, pipettes, microscopes, etc. It is a great training tool for learners.

Beetle

It is a relatively new but promising solution. Beetle is a platform for students interested in professional development and internship opportunities. Here they can find all the information on various skills, necessary competencies, internships, and jobs available. The main goal is to create a healthy and collaborative networking environment. Students can share experiences and advice with each other.

ApplyBoard

ApplyBoard is a Canada-based startup launched in 2015. It is a platform that connects students looking for international opportunities with relevant providers. In addition, it is a portal that offers an entire process of online application services in one place.

The goal is to make high-quality education accessible to learners worldwide. Students can learn about the best schools and apply to them on the platform.

Preply

Preply is a booming startup with 1450% growth from 2012. It is a marketplace for finding language tutors. Students can find the best tutors to practice and learn a new language here. The platform offers a structured approach and a great selection of professionals.

One of the exciting features of Preply is the machine learning algorithm. It ranks tutors to make the decision even more accessible to learners.

Curiosity Stream

Curiosity Stream is a US-based startup. It launched a streaming service with educational and informative videos. Since 2015, the startup has grown by 288%. It works in the same principle as any entertainment streaming service. But all the films, series, and videos are educational.

It is an excellent learning opportunity for any student. It is much easier to process and retain visual information. So watching a documentary is a great way to expand your knowledge of any subject.

Brainly

Brainly can be described as a social learning network. The startup originates in Poland. Here learners can post any questions they have. And other users will answer them—those who answer correctly and helpfully get particular points. Currently, there are over 350 million users.

Also, students can access textbooks on various subjects created by experts—for example, Probability and Statistics or Differential Equations. Overall, learners can get any help here, from concept explanations to advice on the best assignment writing services to choose from.

Photomath

It is an app that helps solve mathematical equations. This application can make any student’s life easier. It offers instant solutions with detailed explanations. So you can understand how to solve similar equations in the future. The best part is that students can use a smartphone camera to scan equations.

This startup was launched in 2014 in the US. And it grows steadily in popularity.

In Summary

EdTech is a crucial part of the learning process. And startups play a vital role in this as they bring innovations. With the growing number of EdTech startups, the educational process becomes more accessible, comfortable, and personalized for students worldwide.

Copyright © 2023 California Business Journal. All Rights Reserved.

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Bia Pendelton, California Business Journal

Bia Pendelton, California Business Journal

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