Knewton

Knewton is an education technology company founded in 2006 that specialises in 'adaptive learning'.

Knewton's technology claims to be able to 'personalise' online education content by: tracking students' activity; using the enormous amounts of pupil data it has collected to predict how best to teach a concept, and then suggesting next steps for the student based on that 'predictive power'. It claims this makes education more efficient and effective.

It promotes online education.

Data-driven schooling

Jose Ferreira, of Knewton in 2014 said this of the company's ability to predict how a student will learn, and its reliance on big data to 'teach' students:

'Education happens to be the world's most data minable industry by far.

So one of the things that fakes us out about data in education is because it is so big - like the fourth biggest industry in the world - it produces incredible quantities of data... Knewton today gets five to ten million actionable data points per student per day. Now we do that, because we get people, if you can believe it, to tag every single sentence of their content - we have a large publishing partnership with Pearson, and they've tagged all of their content... If you tag all of your content, and you do it down to the atomic concept level, down to the sentence, down to the clause, you unlock an incredible amount of trapped, hidden data.

We literally know everything about you and how you learn best. Everything. Because we have five orders of magnitude more data about you than Google has. We literally have more data about our students than any company has about anybody else, about anything, and it's not even close. That's how we do it.

As Education Week notes:

'Clearly you do not need teachers in this scenario, except perhaps to supervise the students as they work on their devices. Class sizes can expand significantly. You do not even need schools. All a student needs is some sort of computer and a connection to the internet.'

Partners with publishers

Knewton's Adaptive Learning Platform claims to transform digital content from education publishers into an adaptive online learning experience. It has signed deals with textbook giants like Houghton Mifflin Harcourt, Cambridge University Press and Macmillan Education to add an adaptive-learning layer to their content. In November 2011, Pearson and Knewton agreed on a plan to convert an open-ended number of Pearson products to Knewton’s adaptive format.

People

Knewton has a name for its employees: 'Knerds'

• Jose Ferreira, founder CEO; ex-Kaplan executive; former strategist for John Kerry’s 2004 presidential campaign; former partner at New Atlantic Ventures (formerly Draper Atlantic); currently serves on the World Economic Forum Global Agenda Council on Education & Skills, as well as the advisory boards for Laureate International Universities, Cambridge University Press, and the ASU/GSV Education Innovation Summit.
• David Liu, chief operating officer
• David Kuntz, chief research officer

• Charlie Harrington, Co-Head of Knewton London; formerly of Morgan Stanley

Investors

Investors in Knewton include:

• Atomico
• GSV Capital
• Accel Partners
• First Round Capital
• Bessemer Venture Partners
• FirstMark Capital
• Founders Fund
• Pearson
• Reid Hoffman
• Ron Conway

Contacts

Address: New York (HQ), 100 5th Avenue, New York, NY 10011

London office: Knewton opened its London office in Tech City October 2013.

Website: www.knewton.com