Newsela Strengths, Domain Expertise, and Key Differentiators
Newsela is an advanced Instructional Content Platform that seamlessly integrates engaging and accessible content with embedded assessments and insights to enhance reading engagement and learning across all subjects. The platform's content addresses topics of student interest, aligns with the core curriculum, and meets educational standards. Articles are designed to be accessible to every student in a class, irrespective of their reading ability, available in English and Spanish, promoting inclusivity and linguistic diversity.
Newsela Recent Developments
At the start of the 2023-2024 school year, Newsela implemented noteworthy enhancements to its FREE or LITE version of the program. Presently, the offering includes four leveled news articles at five distinct reading levels, providing teachers with a comprehensive selection. These articles remain accessible for a duration of four weeks. Newsela Lite, offered at no cost, enables teachers to access four pre-selected news articles, choose and secure reading levels for students, align content with state standards, schedule assignments with due dates, review students' quiz scores, and engage with students through responses to writing prompt submissions and annotations.
Newsela Mergers and acquisitions (M&A) Activities
In June 2023, Newsela executed a strategic acquisition by integrating Formative, a real-time instruction and assessment platform, into its portfolio. This synergistic move aligns two classroom products to create a comprehensive instructional solution with the primary objective of engaging students and fostering an accelerated learning process. This strategic alignment positions Newsela as a key player in the education technology sector, offering enhanced capabilities to cater to the evolving needs of educators and learners.
In October 2021, the company acquired HapYak, an enterprise-focused interactive video software business. This acquisition complements Newsela's extensive video content library from various providers. Furthermore, the company has acquired the natural learning AI assets from Fluent City, a language learning startup. This strategic move enhances Newsela's ability to analyze licensed text from content providers, facilitating improved curation, modifications, and recommendations for its customers.
Newsela Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Newsela applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Newsela and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Newsela Essentials (ex Newsela PRO), Newsela ELA, Newsela Social Studies, Newsela Science, Formative customers.
Newsela Overview
Ownership: - x
Number of Employees: 470
Functional Market: Learning and Development,
Key Verticals: K12, Higher Education,
Newsela Key Cloud and HCM Applications
Newsela Essentials (ex Newsela PRO), Newsela ELA, Newsela Social Studies, Newsela Science, Formative
Newsela HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Newsela Revenue Breakdown by Type:
Newsela HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2023 HCM Revenues, By HR Segment, $M | |
Newsela HCM Applications Revenues By Verticals, $M:
Newsela Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
Newsela Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Newsela Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Newsela Customers
No. of Newsela Customers: x
No. of Newsela HCM Applications Customers: x
No. of Newsela Cloud HCM Customers: x
No. of Newsela Cloud HCM Subscribers: 27000000
Newsela is the platform of choice for nearly 90% of U.S. K-12 schools, with teachers and students utilizing it for personalized content aligned with student interests.
Newsela Market Opportunities, M&A and Geo Expansions
In February 2021, Newsela successfully secured $100 million in a Series D funding round, led by the esteemed Franklin Templeton as a new investor. This strategic investment catapulted Newsela's valuation to an impressive $1 billion, surpassing the total capital amassed in all preceding rounds combined.
In March 2019, Newsela had previously secured $50 million in a Series C funding round, with TCV leading the investment. The New York-based startup articulated its commitment to leveraging the funds to bolster its presence in schools where it is currently implemented, while also expanding coverage to additional subject areas.
Amidst the era where digital platforms play a pivotal role in shaping the future of Ed-Tech, and schools actively seek cost-effective strategies to rejuvenate their curriculum through innovative insights into learning processes, e-learning startups have become focal points of interest. Newsela, strategically positioned at the intersection of this trend, is poised for expansive growth, drawing attention and support from educators and venture capitalists alike, further enhancing its impact on the education technology landscape.
Newsela Risks and Challenges
Given Newsela's primary focus on serving K-12 schools, the company faces constraints related to budget limitations and challenges, which presently impede its ability to expand beyond the confines of the U.S. market. These inherent challenges necessitate strategic considerations and thoughtful approaches as Newsela navigates its growth trajectory within the education sector.
Newsela Ecosystem, Partners, Resellers and SI
Newsela partners with a diverse array of over 100 content companies in publishing to provide engaging educational material to students. Notable partners include The Smithsonian Institute, The New York Times, Washington Post, USA Today, The Guardian, Creative, Encyclopedia Britannica, Associated Press, New York Media, WikiHow, Bloomberg, ZINN Educational Project, Atlas Obscura, and many more. Additionally, Newsela integrates with various educational platforms, including Clever, Canvas, Google Classroom, Schoology, IMS Global, ClassLink, BetterLesson, and others.
Newsela Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- Newsela Public Cloud and Infrastructure (IaaS)
- Newsela Platform (PaaS)
- Newsela Application Delivery
- Newsela Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/taxonomy
https://www.appsruntheworld.com/FAQ
