Edtech startup Noodle acquires Clark, a software for tutoring business startup
Edtech startup Noodle has acquired Clark, a software for tutoring business startup for an undisclosed amount. Noodle makes the process of searching for education better through transparency and efficiency. In a blog post, Clark co-founders Megan O’Connor and Sam Gimbel, wrote: “Today we’re excited to announce that Clark is being acquired by Noodle, an education studio that is creating new marketplaces to improve how people teach and learn.”
As part of the acquisition, “Clark will serve as the backbone for Noodle Pros, a cohort of the world’s most experienced test preparation and academic tutors. With the Clark product and customers serving as a foundation, Noodle Pros can become a network where new personalized learning techniques can be tested and developed at scale.”
Noodle will also leverage Clark’s software for its Noodle Pros tutoring businesses, while enabling existing Clark customers to still have access to the same products that they’ve become accustomed to.
Founded in 2016, the New York City-based Clark works with individual tutors to large scale tutoring agencies, providing services that allow educators to tutor more and spend less time on administration. Their mission is to scale the rapidly growing mom-and-pop tutoring businesses industry in the U.S., putting more revenue in educators’ pockets and more educational hours into the market. Since its inception in 2016, Clark has conducted over 25,000 tutoring sessions on its platform.
With 4.4 million underemployed educators in the United States, Sam and Megan came up with the idea for Clark in 2016 with the goal of making a dent in that figure. By providing educators with the tools they need to build and manage successful tutoring businesses, they were able to unlock new economic opportunities for educators everywhere.
Noodle was founded in 2014 by John Katzman, the Founder of The Princeton Review and 2U, and Steven Hodas. Based in New York City, Noodle helps students make decisions about education. Through its unbiased data and real-world advice, Noodle connects students with schools, programs, resources, experts and more. Noodle generates an about $12.5 million in estimated revenue annually. Its competitors included Knewton, Unigo, and Cogbooks. The startup has raised a total of $36.3M in funding over 2 rounds.