Practice XYZ explained

Practice XYZ, Inc.
Former Name:ApprenNet, Inc.
Type:Private
Founder:Emily Foote, Karl Okamoto
Location:Philadelphia
Industry:Education
Num Employees:7

Practice XYZ, Inc., formerly known as ApprenNet, Inc., is a Philadelphia-based educational technology startup company founded in 2011 by Emily Foote and Drexel University School of Law Professor Karl Okamoto. The company provides apprenticeship-like job experiences online.[1]

AppreNet's first release was LawMeets, an online experience similar to a moot court competition.[2] With LawMeets, students enact their response to a legal problem, and can not only then review their own performance, but also receive feedback, including critiques by experts.[1] [3] According to the Journal of the American Bar Association, LawMeets "quickly [became] a very big deal."[4]

ApprenNet next added K12Meets, a program enabling teachers to practice their classroom techniques, and created a training program for employees at a Philadelphia restaurant.[1] [3]

In 2013, ApprenNet was one of five startup companies selected to participate in the University of Pennsylvania's Education Design Studio Inc. (EDSi), an innovation incubator dedicated to funding and launching education technology companies.[5] [6] In 2016, ApprenNet changed its name to Practice XYZ, Inc.[7]

Grants

In 2012, the National Science Foundation awarded Okamoto a $500,000 grant to expand LawMeets' approach to learning in other disciplines.[1] [3] Okamoto told an interviewer that ApprenNet technology could be applied to many fields, not only training teachers and restaurant employees, but even musical training. "We'll take care of law first," said Okamoto, "and then use it in lots of different places. Why can't we crowdsource violin?"[8]

By 2015, after ApprenNet hired Columbia Business School graduate Rachel Jacobs as CEO, the start-up had received more than a million dollars in Small Business Innovation Research grants.[9] [10] Jacobs was hired to lead ApprenNet in an expansion from its original focus on educating lawyers to applying its online teaching technology in training health care professionals, college level instructors, and K-12 teachers.[9]

Merger

Following Jacobs's death in May 2015, ApprenNet merged with Handsfree Learning of California.[11] [12]

In June 2016, ApprenNet changed its name to Practice and announced a $4 million Series A fundraising round.[13]

Notes and References

  1. News: McBride. Dara. Drexel law professor creates a virtual venue for getting real-world experience. 19 May 2015. The Philadelphia Inquirer. 14 August 2012.
  2. News: Reyes. Juliana. ApprenNet: online law education startup to build open web course on M&A with $500k from National Science Foundation. 19 May 2015. Technically Philly. 26 July 2012.
  3. News: McDonough. Molly. Drexel Law Prof to Use $500K Grant to Expand LawMeets, an Online Lawyering Skills Platform. 19 May 2015. American Bar Association. ABA Journal. 14 August 2012.
  4. News: Carter. Terry. You know about moot court—but Karl Okamoto wants students to practice moot deals. 19 May 2015. ABA Journal. 4 September 2013.
  5. News: Schaffhauser. Dian. U Penn School of Ed Launches Ed Tech Incubator. 19 May 2015. Campus Technology. 31 October 2013.
  6. News: Baker . Brandon . ApprenNet Takes Teaching to a Higher Level . 20 May 2015 . Philadelphia Region's Business . 7 November 2013 .
  7. Web site: Torres . Roberto . 2016-06-08 . ApprenNet is no more: say hello to Practice . 2024-07-14 . Technical.ly . en.
  8. News: Spolan. Sue. Transforming the law school experience with ApprenNet out of Drexel. 19 May 2015. Flying Kite Media. 20 March 2012.
  9. News: Reyes. Juliana. ApprenNet just hired a new CEO. Here's why that's a big deal. 19 May 2015. TechnicallyPhilly. 6 April 2015.
  10. News: People in the News. 19 May 2015. The Philadelphia Inquirer. 31 March 2015.
  11. News: ApprenNet merges with SF edtech startup, but Philly office is here to stay - Technical.ly Philly. 2015-07-23. Technical.ly Philly. 2017-10-13. en-US.
  12. News: Blumenthal. Jeff. Local tech firm that lost CEO in Amtrak crash merges with California firm. 27 July 2015. Philadelphia Business Journal. 22 July 2015.
  13. Web site: Video Learning Platform ApprenNet Gets a Name Change and a $4M Series A - EdSurge News. 8 June 2016.