Overview
TrueUp
Trajectory Score
32
/100
Business
Education software
Founded
13 years ago
2013
Employees
350
Valuation
$1.0 billion
Company type
Private - Venture-Backed
Newsela is an Education software company with 16 job openings. It is currently valued at $1.0 billion as a private company. 350 people work at Newsela. The company was founded in 2013.
Company grid
Employee happiness β
Growth β
π
π’
π
π
Jobs
Open jobs
16
Top Job Categories
Jobs
1.
Sales
5
(31%)
2.
Engineering (Software)
2
(13%)
3.
Marketing & Growth
2
(13%)
4.
Business Operations & Program Management
1
(6%)
5.
Customer Success
1
(6%)
Top Job Locations
Jobs
1.
π Remote
16
(100%)
2.
πΊπΈ United States
14
(88%)
3.
π¦π· Argentina
2
(13%)
4.
π§π· Brazil
2
(13%)
5.
π¨π± Chile
2
(13%)
Top Tech/Tools Mentioned
Jobs
1.
Python
3
(19%)
2.
Salesforce
3
(19%)
3.
AWS
2
(13%)
4.
Google Cloud
2
(13%)
5.
SQL
2
(13%)
Financials
Valuation
$1.0billion
Tech Unicorn
Last round - Feb 2021
Latest secondary valuation
$1.1billion
10% from last round
Estimate as of Jun 16, 2026
Data source: Caplight
Most recent funding
5 years ago
πΈ ZIRP-era funding
Total funding
$172 million
Value 'created' (valuation - total funding)
+$828 million
Lead Investors - Seed
Kapor Capital
NewSchools Venture Fund
Lead Investor - Series A
Owl Ventures
Valuation per employee
$2.9 million
Culture
Employee sentiment
Would recommend company
41%
200+ reviews
Sources: TrueUp, Glassdoor, Blind
Worse than 89% of tech co's
Approve of CEO
Pep Carrera
48%
Sources: TrueUp, Glassdoor, Blind
People
Rankings and awards
TIME Top EdTech Companies
2026
TIME Top EdTech Companies
2024
Wealthfront Career-Launching Companies
2021
Wealthfront Career-Launching Companies
2020
Layoffs
No known layoffs
Compare to other companies