Since its inception in 2017, Parallel Learning has quickly become an innovative leader in the special education assessment, tutoring and services industry. The company has grown by leaps and bounds over the past three years, raising $20M in funding to expand its remote assessment tool across the US and UK. Their mission is to provide high quality special education services for individuals with disabilities around the world and through their tools, they have successfully achieved that goal.
Parallel Learning’s platform enables trusted professionals from the US and UK to assess individuals with disabilities living outside school districts or close to remote areas, enabling them to assess accurately outside their physical locations at greatly reduced prices. A customised dashboard also lets educators inform customers about new services and upcoming events near them remotely.
The company’s growing suite of online assessment tools provide comprehensive data on individual development needs that’s easy for parents and educators, such as reading comprehension tests, maths assessments and writing evaluations. Additionally, teachers can monitor educational progress via individualised dashboards based on student outcomes.
With a fully automated assessments platform and expanded tutor network throughout the country, Parallel Learning has made a major impact in providing equitable special education opportunities for individuals with disabilities since its inception.
Parallel Learning Raises $20M to Expand Remote Special Education Assessment & Tutoring Services
Parallel Learning, launched in 2017, has seen tremendous growth in just three short years. In 2020, the company was able to close a round of funding to the tune of $20M to expand their services and provide special education assessment & tutoring services to students in a remote setting.
This article will delve into the history of this amazing company and explore the milestones that have brought it to the point of success it is at today.
Early Years
The foundation of parallel learning dates back to the 1960’s when Stanford and UCLA conducted research to improve California educational systems. In 1970, Dr. Saul Haffner, a professor at UCLA, founded a non-profit organisation to expand on this research and establish evidence-based curriculum development models. Initially funded through federal grants and private donations, the organisation positioned itself as a leader in innovative approaches to special education learning by employing teachers with specialty credentials in implementing its models across numerous public schools in California.
By the mid-1990’s, parallel learning was taking hold nationwide as schools recognized its success in improving learning outcomes for special education students. Several private companies began offering specialised teaching services based on their own interpretation of special needs education theories to accommodate this growth. In 2000, New York City invested $20 million into training these companies and promoting remote assessment systems for special needs students nationwide. This marked an era of significant financial and technological investments that would continue to shape the future of parallel learning.
Expansion & Growth
Parallel Learning began as a way to provide quality special education to students in need of remote instruction and assessment. Since its launch, it has rapidly expanded its reach and services offered.
The company recently raised $20 million in series A funding, which enabled them to significantly increase their special education services. This included launching new programs for homebound students and expanded assessment resources for remote tutors, such as virtual meetings for specialised assessments. Additionally, these funds have allowed Parallel Learning to strengthen their focus on technology and data-driven learning solutions. For example, they now offer more user-friendly dashboards that enable tutors and families to access program summaries and resources from anywhere at any time.
As Remote Special Education continues to evolve, Parallel Learning strives to remain at the forefront of this field by consistently investing in cutting-edge technology to provide better training and improve services available for those with diverse learning needs. Furthermore, Parallel Learning plans on continually expanding its reach into different countries internationally in order to better serve those with disabilities around the world.
Impact of Parallel Learning
Parallel Learning, founded by Jordan Goldman, is a leading remote special education assessment and tutoring service provider. The company has seen tremendous growth since its inception and recently raised $20 million in funding to expand its offerings.
In this article, we’ll explore the impact of Parallel Learning and what it means for the future of special education.
Educational Benefits
Since its inception in 2016, Parallel Learning has experienced impressive growth and development as a platform designed to provide remote special education assessment services and tutoring. This platform offers individualised teaching strategies that leverage advanced artificial intelligence technology to allow educators to efficiently identify, assess, and meet the needs of their students. Although this platform has several core benefits, one of the most important features is its impact on the education sector.
By facilitating parallel learning for students with special needs, this platform enables teachers to use constructive feedback loops based on student data analysis to effectively assess progress. In addition, Parallel Learning provides real-time insight into skill development data; helping teachers sharpen teaching strategies and create bespoke lesson plans with accurate difficulty levels that ensure optimal engagement from every student. Consequently, this system brings about more effective learning outcomes for those with disabilities or special needs – leading to better comprehension of the material taught in school.
Moreover, by providing personalised recommendations based on specific student requirements from the comfort of their homes—through both one-on-one tutoring and group settings—Parallel Learning ensures individualised attention tailored to various learning preferences suitable for every student involved using interactive tools such as virtual whiteboards. Ultimately through these educational benefits delivered by Parallel Learning’s proprietary product Prodigy TutorTM students receive strategic interventions that improve functioning at all levels: physically, behaviorally and cognitively—giving them an equal opportunity at academic success compared to other students without special needs.
Financial Benefits
The impact of parallel learning has been seen in financial benefits. This can be attributed to the increasing demand for remote special education assessment and tutoring services, driven by the need for school-home continuity for students with special needs during the COVID-19 pandemic. In addition, companies like Parallel Learning have successfully gathered investment from many venture capital firms, enabling them to expand their services, as evidenced by their recent $20 million round of funding to help teachers connect safely with students and families.
This increase in financial resources has made it easier for programs like Parallel Learning to offer a greater variety of additional services such as personalised assessments, tutoring, education technology solutions and social emotional learning tools. Furthermore, it has allowed them to better support teachers facing remote and hybrid learning environments everyday. With this new found access to funds, companies like Parallel Learning are quickly becoming industry leaders when it comes to innovating in special education assessment and tutoring solutions.
Parallel Learning’s Recent Success
Parallel Learning Inc., a digital platform for remote special education assessment and tutoring services, recently announced a $20 million Series A funding round. This exceptional success story highlights Parallel Learning’s impressive growth in remote learning since its inception.
In this article, we will explore the company’s recent achievements and discuss the potential of Parallel Learning’s technology to continue shaping the future of remote education.
$20M Funding Round
Parallel Learning, an innovative platform providing personalised remote special education assessment, planning, transition and tutoring services, recently raised a $20M Series A funding round. The funding round was led by Trilogy Equity Partners with participation from Fremont Ventures and SPK Capital.
This round will enable Parallel Learning to expand its service offering and user reach throughout the United States. The fresh capital will also help the organisation continue developing its cutting-edge technology solutions in speech-language pathology, psychoeducational assessments, and occupational therapy activities.
Since its launch in 2018, Parallel Learning has become one of the most trusted providers of virtual special education assessment and tutoring by families nationwide. Over 4,000 users have received their experts’ insights for writing individualised educational plans (IEPs) for children with learning challenges due to dyslexia, Autism Spectrum Disorder (ASD), Attention Deficit Hyperactivity Disorder (ADHA), or other special needs.
The new funding will enable Parallel Learning to better reflect equitable access to personalised support and drive nationwide change in student support services.
Expansion of Services
Parallel Learning, a leading special education assessment and tutoring services company, has recently secured $20 million in funding to expand their services globally. With this investment, the company has expanded its virtual tutoring and excessive platform to further its mission of providing equitable access to quality special education service providers. The funding is also set to enable Parallel Learning’s expansion into the US, Europe, Latin America and Africa.
The new platform provided by Parallel Learning provides comprehensive assessments, therapy plans and tracking tools for mental health providers. The platform’s core consists of an online diagnostic assessment for which the company partners with various standardised tests adapted for remote use by trained professionals. This allows medical practitioners to quickly diagnose emotional or behavioural troubles as well as developmental delays or learning disabilities.
In addition to these diagnostic tools, Parallel Learning also offers customizable advanced therapies such as cognitive behaviour therapy (CBT), behaviour modification protocols and psychotropic medications tailored to individual needs using evidence-based methods such as Applied Behavioral Analysis (ABA) therapy for those with autism spectrum disorders (ASD).
Since its funding raise in late 2020, Parallel Learning’s platform has expanded substantially enabling more access to life-changing special education tutoring services regardless of geography or financial position. Through this tremendous growth due in part from their substantial venture fund investments, they have already begun creating positive change by increasing availability and lowering costs associated with quality special education services worldwide.
