IXL Learning, a San Mateo, Calif.-based K-12 personalized learning platform used by 11 million students, is to acquire Wyzant, a Chicago, IL-based marketplace for online tutoring.
The amount of the deal, which will be finalized during Q1 2021, was not disclosed.
The addition of the company will expand IXL’s capacity to offer personalized, one-on-one mentoring. Wyzant for Higher Ed brings tutoring to more than one million college students and working adults seeking a credential or degree.
Founded in 2005, Wyzant offers an expansive digital network of more than 65,000 tutors from a broad spectrum of academic and professional fields. The company connects students to the perfect tutor for online or in-person lessons geared toward their unique needs. Wyzant tutors serve learners of all ages and backgrounds, offering in-depth guidance on topics including English, language arts, physics, calculus, coding, LSAT test prep, music and more. The company, which offers in-person tutoring in regions across the United States including New York City, Washington D.C., Dallas, Chicago, Miami, San Francisco and more, recently launched Wyzant for Business, a corporate benefits package offering subsidized, online instruction for employees who want supplemental learning for their children or for their own career advancement.
Led by Paul Mishkin, CEO, IXL is an integrated learning platform that supports personalized learning in math, English language arts, science, social studies and Spanish. The IXL family of products also includes Education.com, ABCya and Vocabulary.com.
FinSMEs
05/02/2021