Newsela raises $50M to expand a content repository for K-12 learning that replaces traditional textbooks

Newsela raises $50M to expand a content repository for K-12 learning that replaces traditional textbooks

  • In the latest development, Newsela — which has created a platform that packages together different third-party content like primary-source documents, news articles and more to help teachers and students learn about a particular subject, more or less as a replacement for more traditional textbooks — has announced that it has raised $50 million in a Series C round of funding led by TCV.
  • The New York-based startup said that it plans to use the money to get more penetration within the schools where it is already being used, as well as continue expanding the subject areas that it covers.
  • Newsela first got its start, as you might guess from the name, aggregating interesting news articles that could be used to supplement learning plans around particular subjects, with a specific focus on “ELA” — English and language arts.
  • We can see an unprecedented opportunity to rethink content,” Gross said.
  • The format that Newsela follows somewhat fluid: it provides a set of materials that are constructed around learning a particular subject.


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