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Nearpod is an innovative educational technology company that provides an interactive platform designed to enhance student engagement and learning outcomes for K-12 educators. The company operates in the EdTech market, serving teachers, schools, and educational institutions. Nearpod's core product is a student engagement platform that offers a wide array of ready-to-run interactive lessons, formative assessments, and dynamic media tools. These features enable teachers to create, customize, and deliver lessons that are both engaging and educational. The platform supports synchronous and asynchronous learning, allowing students to access lessons anytime, anywhere, and enabling teachers to gain insights into student understanding through post-session reports. Nearpod integrates seamlessly with popular Learning Management Systems (LMS) such as Google Classroom, Canvas, and Schoology, making it a versatile tool for both in-person and remote learning environments. The business model primarily revolves around a subscription-based service, where schools and educators pay for access to the platform's extensive library of pre-made, standards-aligned lessons and interactive features. Additional revenue streams include premium content and specialized instructional materials. Nearpod's mission is to bring joy and engagement into every classroom by leveraging technology to create collaborative and immersive learning experiences.

Keywords: EdTech, K-12, student engagement, interactive lessons, formative assessments, dynamic media, synchronous learning, asynchronous learning, LMS integration, remote learning.

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Investments by Nearpod

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ACQUISITION by Nearpod Apr 2019