Recently, we celebrated Knewton’s sixth birthday. It seems that each year brings more progress and change than all the previous years combined, and this past year was no different.
We’re using our latest round of funding ($51 million) to continue to extend our technological leadership and support rapid growth globally, including a new office across the pond in London. Our partnerships with leading education companies brought Knewton-powered products to over 4 million students in 250,000 classrooms in 120 countries around the globe. We expect to have over 7 million students using products powered by the Knewton platform by the end of this year.
I joined Knewton back in 2010. The company was still getting off the ground, but the vision was the same as it is today — to provide personalized learning for everyone on the planet. Every individual deserves the opportunity to maximize their learning potential. It’s inspiring to see how far we’ve come, and to go to work every day knowing that we’re helping to make education more effective and accessible for students worldwide.
In the past year, we’ve seen a massive increase in the demand for proficiency-based adaptive learning, both in the U.S. and internationally. While it was always Knewton’s vision to create an adaptive learning platform to benefit every student in the world, it wasn’t always straightforward for education companies and others to understand this mission. Now, these organizations are using our platform to push the envelope to create products that will have a meaningful impact on student outcomes. Knewton enables our partners to focus on innovating new content and user experiences — while leveraging Knewton’s infrastructure and network effects to provide powerful personalization for students and actionable metrics for instructors.