TWOU - Sesame Workshop Gymboree Invest $55M In Early Learning Edtech HOMER's New Program
Edtech startup BEGiN raised $50M in Series C funding for its early learning platform HOMER, which will launch a comprehensive new program next week. Strategic investors LEGO Ventures and Sesame Workshop participated in the round. Liquidity Capital pitched in an additional $25M in trajectory-based funding for growth.HOMER historically focused on reading with HOMER Reading and HOMER Stories, which comprise the top reading program in Apple’s App Store for children 5 and below. The company says the program can increase early reading scores by up to 74% in just 15 minutes of use a day.The new funding will help BEGiN launch “the industry’s first fully comprehensive early learning program,” combining reading, math, creativity, socio-emotional learning, and critical thinking skills. The program is delivered across digital, physical, and in-person learning experiences.HOMER will co-develop curriculum with partners like Sesame Workshop, and Gymboree will serve as a global distribution partner. Steve Youngwood, President of
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Sesame Workshop, Gymboree Invest $55M In Early Learning Edtech HOMER's New Program