We met the morning of June 28 with the news about AltSchool’s series of changes that will introduce us to the new name and new leadership.
Altschool, if you don’t already know, is a company based in San-Francisco, which developed a personalized software for chains of micro-schools. And today we say goodbye to the old name Altschool and welcome Altitude Learning, the new name of the company.
Altschool (now Altitude Learning) had a noble mission of enabling personalized education within small-sized classes. A small lab founded in 2013 would customize activities for each student to make it more personalized.
With the vision so clear and strategies planned ahead, Altschool attracted many minds, some of which invested money for the company’s further development.
Unpleasant series came around Altschool in 2017, when they had to close down schools. Bloomberg report stated that the company was spending around $40 million yearly, and Forbes announced that their revenue of $7 million came from selling their tools to school communities.
After the unpleasant series of cases, Altschool leadership announced that working with schools was a short-term part of their activities, and it was an experimental phase to test their tools and mechanisms. And after starting several schools, they changed their activities to selling their software to schools.
New Personalized Learning Software
We will be introduced to Altitude Learnings later in 2019 Autumn where they will add new products, according to Altschool team.
With the name gone, we can say goodbye to Max Ventilla and Bharat Mediratta as CEO and CFO, but we’ll be hearing about them when talking about the company’s management board.
The changes in leadership aren’t as drastic as the name. Devin Vodicka and Ben Kornell, both joined Altschool team back in the year 2017, and it seems like they will be taking the places of Mediratta and Ventilla.
Former leaders announced that the changes in the leadership are strategically approved, and here’s why. Ventilla left Google in 2013 after working as an executive for years. He pursued his path in the education sector but was never a leader in this industry. On the other hand, Vodicka had the experience and knowledge in the mentioned sector as a Superintendent of the Vista Unified School District (California). And Kornell also comes from the education industry, previously working as a Chief Operating Officer of Envision Charter Schools.
The changes are upon us, and people are excited to see tech educators as a leadership team.
