Edmentum Acquires College, Career Readiness Tool; Magma Math Raises $10M

Curriculum provider Edmentum is adding a college and career readiness tool to its suite of products, the company announced Wednesday, acquiring MajorClarity from tutoring provider Paper.

MajorClarity’s platform is designed to prepare students for their postsecondary pathways through assessments, personalized recommendations, reporting and analytics tools, and competency-based microcredentials.

Edmentum CEO Jamie Candee told EdWeek Market Brief that it chose to acquire MajorClarity after seeing the range of capabilities that are built into the platform.

Compared to developing a product in-house, buying MajorClarity allowed Edmentum to speed up its initial timeline for bringing a CCR tool to market, helping it to address districts’ needs more quickly, Candee said.

“We believe this has accelerated our roadmap by three years because it is such a comprehensive, well-tested, strong evidence-based platform,” she said.

The company was drawn to MajorClarity in part due to its retention rates, customer satisfaction scores, and validation in the market, she added, as it reports that about 350 school districts are currently using the platform.

Edmentum’s existing software offerings are largely focused on the intervention, credit recovery, tutoring, and secondary education space. For the past two years, it’s also been investing in building a digital CTE course library with 190 programs and 55 career pathways taught virtually by state-certified teachers.

With the addition of MajorClarity, the company hopes to more closely tie students’ postsecondary pathways to their course of study. The goal is to help them better connect the dots between the academic recovery work they’re doing in the classroom and their career goals, Candee said.

Terms of the deal were not disclosed.

The acquisition comes as companies across the K-12 space consider building or buying their own college and career readiness and career and technical education products as a way to address the growing demand for help preparing students for post-secondary pathways.

Paper acquired MajorClarity in February 2023 as part of its efforts to expand beyond tutoring, but has since shifted strategies after difficulties at the company resulted in a large number of layoffs and changes in executive leadership.

Buying MajorClarity from Paper also brings Edmentum’s work full circle, Candee said, as the company’s origins date back to a 1960 research project at the University of Illinois that was centered on what’s now known as workforce or career development.

“In that era, there was a big focus on career readiness from high school, and then we moved into the era of ‘How do we make college available to all?’ which is still critically important,” Candee said. “Now we’re in this era where there’s actually multiple paths to postsecondary and higher education, and all of those can be good and true for kids.”

Magma Math Raises $10 Million. Magma Math said it raised $10 million in new funding from existing investor Five Elms Capital as the company aims to build out its artificial intelligence-powered K-12 math platform.

Magma was founded in Sweden in 2015 by CEO Herik Appert and previously raised $40 million from Five Elms in November 2024, according to data from Tracxn.

The company said the new capital will allow Magma to further expand its reach in the U.S., which it entered in 2024, as well as support growth in Sweden, the U.K., and Germany.

“This funding allows us to double down on innovation, support teachers with smarter tools, and continue building a thriving, mission-driven company at the forefront of EdTech,” Appert said in a statement.

Joe Onofrio, partner at Five Elms, said in a statement that Magma “has demonstrated exceptional product-market fit in addressing one of education’s most pressing challenges: raising math proficiency at scale through AI-driven instruction.”