About

Founded

2013

Headquarters

New York, New York

Industry

Edtech

Company Description

Newsela is a fast-growing education technology startup with a single ambitious goal: Meaningful classroom learning for every student. We provide engaging, relevant instructional content for teachers that both educates and inspires.

Quick Links

Website Jobs

Funding

Total Raised

$172.2 million

Valuation

$1 billion

Significant Investors

Techstars, TCV, Kleiner Perkins, Reach Capital, Owl Ventures, Franklin Templeton

Company Traction

As of July 2023, Newsela serves 90% of schools, 25 million students, and 2 million teachers.

As of February 2021, Newsela reported they would have 11 million students using Newsela licensing by the end of 2021.

Leadership Team

Pep Carrera: CEO at Newsela. Former CEO at Nearpod.

Dan Cogan-Drew: Co-Founder & Chief Academic Officer at Newsela. Former Director of Digital Learning at Achievement First Public Charter Schools.

Derrick Ware: CPO & CTO at Newsela. Former EVP, Product Management, Software Engineering, and Information Technology at PeopleFluent.

Jason Ediger: CMO at Newsela. Former CMO at Discovery Education.

Igor Beckerman: CFO at Newsela. Former CFO at Gainsight.

Press

FinSMEs (June 29, 2023): Newsela Acquires Formative

TechCrunch (February 25, 2021): Newsela, the replacement for textbooks, raises $100M and becomes a unicorn

Newsela