Thought Industries’ Growth, Esme Got $7.5M, and More Boston Tech News

Last week was a busy time for Boston tech startups. Find out what companies are going public, raising new capital and bringing new tech jobs to the Boston area. This is the Built In Boston weekly refresh.

Written by Ashley Bowden
Published on Feb. 01, 2021
Thought Industries’ Growth, Esme Got $7.5M, and More Boston Tech News
thought
photo: thought industries 

Last week was a busy time for Boston tech startups. Find out what companies are going public, raising new capital and bringing new tech jobs to the Boston area. This is the Built In Boston weekly refresh.

Flywire could be going public soonThe fintech unicorn’s platform works to simplify international payments in the areas of education, healthcare, travel and technology. It’s reportedly planning an IPO that could happen as early as this summer and is expected to bump its valuation up to $3 billion. [Boston Business Journal]

Esme Learning pulled in $7.5MFocusing on the areas of online learning and external skills training, this company is helping users stay up to date with the digitized professional world. The Series A round was led by Adit Ventures and will enable the company to make new developments to its course methodology and AI tech, as well as add new courses and fund a hiring spree. It’s looking to quadruple its headcount with a focus on its Boston office. [Built In Boston]

Boston Tech Quote of the Week

“We’re proud to be creating more than 3,000 new jobs over the next several years at our Boston Tech Hub. Our teams here play a key role in driving Amazon’s innovations — from Alexa to AWS to Amazon Pharmacy — and help us keep delighting customers around the world.” —Rohit Prasad, VP and head scientist for Alexa at Amazon

Amazon is recruiting a slew of tech and corporate hiresThe giant is looking to onboard 3,000 new team members over the next several years in the areas of software development, artificial intelligence, machine learning, product management, finance and HR. The positions will be at its Boston Tech Hub and 400 positions are currently listed. [Built In Boston]

Thought Industries saw record growth last yearThroughout 2020, the consumer education and training platform saw a 54 percent increase in overall growth and an 80 percent increase in enterprise sales. Some of its achievements last year include the company’s expansion of its leadership team and the members’ focus on scale, product vision, and customer experience. Thought Industries anticipates carrying its momentum of growth into 2021. [Thought Industries]

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