NexusEdge Education Inc.

NexusEdge Education Inc. focuses on integrating employer-driven educational content into Learning Management Systems (LMS), enhancing job readiness for students and creating pathways for internships and employment opportunities. Founded in 2016 and headquartered in Santa Monica, US, NexusEdge Education Inc. specializes in creating connections between employers and educational institutions.

The company has successfully raised a total of USD 0. 27 mn through a SEED funding round on May 18, 2018, with investments from Michelson 20MM Foundation and NewSchools Venture Fund. The founders, Eddie Lin and Shanti Akkineni, aim to bridge the gap between academic learning and industry needs. NexusEdge specializes in integrating employer-developed course materials into Learning Management Systems (LMS) to enhance educational offerings and facilitate greater employment opportunities for students.

Their core product allows educators to incorporate employer content seamlessly into their classes, empowering students to earn employer micro-credentials upon passing relevant assessments. NexusEdge targets higher education institutions and K-12 schools in major metropolitan areas across the United States, striving to connect academic learning with practical skills needed in the workforce. NexusEdge generates revenue primarily through partnerships with educational institutions subscribing to their services. These partnerships typically involve a direct business-to-business model, where institutions pay for access to NexusEdge’s library of employer materials and associated micro-credentialing systems.

The agreements often span multiple years and may include tiered pricing based on user numbers or integrated courses, providing a steady revenue stream that supports their educational initiatives. Following its most recent funding round in May 2018, NexusEdge plans to utilize the raised USD 0. 27 mn to expand its offerings and enhance its platform. The company aims to introduce new products by integrating additional employer content into its LMS, targeting expanded geographical markets including international locations.

The strategic goal is to enhance the employability of students in various fields, with a focus on launching these initiatives within the next 12 to 18 months.