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Schoolnet

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Helping to build a better world through education.

San Antonio, United StatesFounded 1998Edtech
Valuation $100–250M Last recorded · 2011
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Schoolnet and the history behind them.

About Schoolnet

In 1998, Jonathan D. Harber and Denis P. Doyle founded Schoolnet in New York City with a clear purpose. They envisioned a system that could use data to improve learning. The company developed an instructional management platform designed to help teachers personalize learning for students by aligning assessments, curriculum, and reporting. This system allowed school districts to track student performance, providing insights to improve teacher effectiveness and boost student achievement. The timing was right. Schoolnet's data-driven approach gained traction, particularly in large urban school districts. The company secured multiple funding rounds, raising a total of $44.5 million from investors including The Carlyle Group and the Partnership for New York City. By 2011, its platform was being used by over five million students across the United States. The major turning point came in April 2011 when global education giant Pearson acquired Schoolnet for $230 million in cash. The acquisition was part of Pearson's broader strategy to build a 'connective digital spine for learning,' integrating Schoolnet's data and assessment capabilities into its extensive portfolio of educational products and services. Following the acquisition, Harber remained as CEO of Schoolnet, joining Pearson as a senior executive to continue the platform's mission.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1998
Headquarters
San Antonio, United States
Employees
64
Open positions
None listed
Dealroom signal
47.5/100
Industry
Education
Sector
Edtech
Client focus
b2c

Funding history

8 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Apr 2011 $230M $230M Pearson —
SERIES D✓Equity / VC Jan 2009 $13M $52M Ascend Venture Group · New York State Common Retirement Fund · Hamilton Lane · The Carlyle Group —
Showing the latest 2 of 8 recorded eventsBook a demo for the full funding history →

Growth signals

Schoolnet website traffic

Latest recorded traffic for Schoolnet is 42K monthly website visits, down 91.1% over the last three months. Schoolnet's team grew 190.9% over the past year.

Latest monthly visits42K 3-month web change-91.1% 1-year team growth+190.9%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

11 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

  • Quad Venture Partners
  • Rethink Real Estate

Series A1 investor entered at this stage

  • Ascend Venture Group

Series B and later7 investors entered at this stage

  • TriplePoint Capital
  • Velocity Financial Group
  • Partnership Fund for New York City
  • Hamilton Lane
  • The Carlyle Group
  • Jason Palmer
  • New York State Common Retirement Fund

Other known investors1 additional known investor

  • Pearson
Team profiled 15 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · San Antonio HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Schoolnet on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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