SM: In terms of revenue, what is the size of your company? RV: Our SAT business is at $11 million, and we are just over $13 million in total.
SM: What does a deal size look like for your company? Let’s use Los Angeles Unified as the example. RV: The LAUSD contract ends up being between $500,000 and $600,000 annually.
SM: Are you primarily a brick-and-mortar tutoring service, or are you an online education service? RV: The SAT prep courses are 90% offline and 10% online. However, we have another larger business that we started in California and Texas three years ago which is 100% online.
SM: What kinds of learning challenges do you help your students to overcome? RV: A lot of students have a hard time reading long passages. They read something and then realize they have no idea what they just read. To counter this, we teach kids how to actively read by asking themselves questions after each
Revolution Prep was founded 2002 by Ramit Varma and Jake Neuberg, who met at UCLA’s Anderson School of Management. Founded in 2002, Revolution has become the largest provider of SAT prep courses and tutoring in California and one of the largest providers nationwide, with students in 12 states. Building on the success of its SAT program,
Lakshya was formed with an aim to revolutionize the way learning is perceived and teaching is delivered. The basis of the process is that “Learning can be made interesting”. Lakshya’s goal is to operate and sustain a parallel training system to schools, from K-12, using a unique instructional methodology, to provide students with more tangible
I spoke at length this morning at my INSEAD Global Entrepreneurship Forum talk about entrepreneurial opportunities in the educational technology space. Today’s Deal Radar post focuses on WiZiQ, an online tutoring technology startup that offers a learning center and an online collaboration tool for teachers and students for a wide range of subjects and grades. The
Grockit, which describes its approach as “Learning 2.0”, is developing tools to harness the power of the Internet to help the world learn. It began by helping students prepare for standardized tests and is now developing a learning game that will allow students from all over the world to teach each other, thereby creating an innovative method for people to learn online. The