| Founded | 2014 |
|---|---|
| Closed | 2022 |
| Country | USA |
| Sector | Edtech |
| Collapse type | Fire Sale |
| Founder | Karl Mehta |
EdCast
"Goldman and SoftBank-backed LXP sold below valuation after SPAC dreams collapsed."
Distressed acquisition below last-round valuation
Key Events Timeline
EdCast raised $90M+ from investors including Goldman Sachs and SoftBank Vision Fund, positioning its AI-powered LXP for Fortune 500 clients.
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