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Ignite Reading completed the acquisition of Esteam.

Synopsis

Ignite Reading, a company specializing in high-dosage virtual literacy tutoring, completed the acquisition of Esteam, an AI-driven education startup. Financial terms were not disclosed. "This is a milestone for Ignite Reading. Our vision is that every child in America should get the exact instruction they need every day. By bringing Esteam's team into our platform, we accelerate our ability to diagnose skills in real time and direct tutors to the instruction that will move each student forward. It's the combination of human care and AI precision that will further enable us to confront the literacy crisis at scale," Jessica Reid Sliwerski, Ignite Reading CEO and Co-Founder.

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