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External Partners Alumni Search Submit Return to home Search Search About About Olin Home Why Olin Equity, Diversity & Inclusion Leadership & Strategy News & Media Events Contact Us Programs Programs Home Explore Our Programs BS in Business Administration MBAs Specialized Master's Doctoral Executive Education Dual Degrees Faculty & Research Faculty & Research Home Faculty Directory Research Research Centers Olin Brookings Commission Olin Award Student Resources Student Resources Home Career Services Center for Experiential Learning Entrepreneurship Academic Calendars Student Organizations For Current Students For Military Veterans Admissions Admissions Home Scholarships & Aid Attend Program Events Visit Olin Ask a Student Student Profiles Request Information Refer a Candidate External Partners Alumni Schoology, founded at Olin, hits exit milestone October 29, 2019 By Kurt Greenbaum 1 minute read Bill Kindle along with WashU alums Ryan Hwang, Jeremy Friedman and Timothy Trinidad Home News Schoology, founded at Olin, hits exit milestone A company founded by students in Olin’s Hatchery course in 2009 has reached a major milestone with the announcement Thursday that it will be acquired by a rival in the industry. Schoology&＃160;started as a website&＃160;three WashU students built to share class notes, evolved into a nascent company a year later and grew to become a full-fledged learning management system that drew more than $57 million in venture capital. Now, founders Jeremy Friedman, AB 2009; Ryan Hwang, BSBA 2009; and Timothy Trinidad, BSBA 2009, BSAS 2009, have agreed to sell their firm to&＃160;PowerSchool&＃160;for an undisclosed sum. The California-based company provides K-12 education technology to 45 million students. Schoology&＃8217;s platform supports more than 20 million users. &＃8220;With the scale and investment we will get being part of PowerSchool, we can further advance what is possible in education, and take Schoology to a whole new level,&＃8221; cofounder and CEO Friedman said&＃160;in a statement&＃160;posted to the Schoology website. Schoology&＃8212;which competes with learning management software providers such as Canvas, Moodle and Google Classroom&＃8212;has about a 17 percent market share in small- to mid-sized districts, and a 14 percent share in large districts that serve more than 6,500 students, according to a&＃160;report on the acquisition&＃160;by&＃160;EdSurge. The Schoology announcement said the two companies would continue to operate separately until an official close has been announced. Pictured above, Schoology founders: Bill Kindle along with WashU alums Ryan Hwang, Jeremy Friedman and Timothy Trinidad &＃8212; who developed the social networking site that helps keep kids focused on their studies. About the Author Kurt Greenbaum As communications director for WashU Olin Business School, my job is to find and share great stories about our students, faculty, staff, and alumni. I've worked for the Consortium for Graduate Study in Management as communications director and as a journalist for the St. Louis Post-Dispatch, Sun-Sentinel in South Florida and the Chicago Tribune. Contact Us For assistance in finding faculty experts, please contact Washington University Public Affairs. Monday&＃8211;Friday, 8:30 to 5 p.m. Sara Savat, Senior News Director, Business and Social [email protected] &＃160; Kurt Greenbaum,Communications [email protected] Twitter: WUSTLnews Share article Apply Now Visit Us Request Info One Brookings Drive, St. Louis, MO 63130-4899 [email protected] 314-935-7301 News & Media Events Faculty Directory WashU Center for Career Engagement Washington University home Olin Links Sitemap Privacy Policies Title IX Accessibility ©2024 Washington University in St. Louis