Skooler, a provider of innovative learning technology for primary and secondary education (K-12), backed by Viking Venture and Skeie Capital Investment, announced today that it has signed a definitive agreement to acquire Loops Education, a leading learning tool and education content provider backed by Summa Equity.
Skooler and Loops Education Coming Together
Skooler currently supports K-12 students in 9 countries with its learning tools; Planning, Assignments, Assessments, Gradebook, and solutions for Parent Communication and Involvement.
Loops Education supports teachers through its pedagogical learning and content solutions, with embedded formative assessment.
Combined, this will allow all customers to enjoy fully integrated workflows throughout learning tools, learning content, and Microsoft Office 365 and Teams.
Customers and Partners will Benefit
Existing Skooler and Loops Education customers and partners will benefit from additional investment and functionality in their learning tools, including continued integrations with Microsoft Office 365, Microsoft Teams, Student Information Systems (SIS) and School Administration Systems (SAS), as well as access to robust formative educational functionality.
A Unique Solution in a Time of Crisis
Skooler’s acquisition of Loops Education is consistent with its goal of empowering teachers, students, and parents with streamlined technology workflows that save time, create efficiencies and improve outcomes.
A solution which seems like the perfect one, as millions of school children are being homeschooled in Scandinavia due to the current COVID 19 crisis.
By adding Loops Education’s content to create new learning journeys, the combination will provide teachers with the tools and content they need to create more engaging educational experiences.
“Skooler’s mission is to make school life easier for students, parents, teachers and school leaders,” said Tor Ove Henriksen, CEO of Skooler.
“Adding Loops Education’s suite of lifelong learning content and educator tools allows us to enable teachers and students to have more engaging and inspiring interactions and support more creative learning processes. Skooler’s unparalleled integration of learning tools in Microsoft’s Office 365 and its world-class Teams collaboration tool, allows us to support for all learning workflows from kindergarten through high school, both inside and outside the traditional classroom setting."
"Together with Loops, we will be in a unique position to enable true formative learning processes,” Henriksen added.
Partner in Viking Venture and Chairman at Skooler, Joar Welde commented:
“As the leading Nordic software investor, Viking Venture has backed Skooler’s growth and ongoing success since 2016. We will continue to support the company as it continues to build momentum as a leading provider of education content and technology both at home in the Nordics and abroad.”
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