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Edtech venture capital firm GSV Ventures just raised $180 million for its second fund. The firm has previously backed edtech startups Class Technologies, Outlier and Photomath. The edtech industry is predicted to reach $285.2 billion by 2027, according to Grand View Research. Given the nature of the pandemic, education has rapidly changed from the model of five days a week in a classroom to 100% virtual learning for most students. Even as some schools start to partially open, the hybrid approach of remote/in-person will remain the default for many districts trying to finish out the school year and, likely, beyond. For VC firm GSV Ventures, the state of education has reached a tipping point, and the moment offers another chance to double down on the acceleration of how technology will increasingly be a permanent part of how we educate our kids.

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