Edmentum Named to the 2023 GSV 150
For immediate release:
Edmentum Named to the 2023 GSV 150
List recognizing the most transformational digital learning and workforce skills companies
January 11, 2023 – Minneapolis
Bloomington, MN (January 11, 2023) - Edmentum, Inc., a global education leader in K-12 learning technology solutions, has been included in the GSV 150, a list of the world’s most transformative private companies in education.
Edmentum was selected from more than 4,000 venture capital and private equity-backed companies revolutionizing the world of education technology. GSV estimates that together these 150 companies reach roughly three billion people -- almost half of the global population -- and generate approximately $25 billion in revenue.
“We are honored to be selected among the world’s most transformative companies in education,” said Jamie Candee, CEO, Edmentum. “This recognition speaks to our ongoing commitment to providing solutions that put the educator first – from our product development to our customer relationships. For more than 60 years, Edmentum has been at the forefront of learning technology innovation. We’re poised to continue building upon that foundation for years to come by delivering forward-thinking learning technology that meets the needs of students and helps educators plan for the future.”
“We are excited to release the annual GSV 150, a selection of the leading private companies in digital learning and workforce skilling,” said Alexandra Argo, investor at GSV Ventures. “As we enter into what we call a ‘Brave New World,’ it is clear that you can’t use an old map to navigate a new world. This impressive group of companies continues to grow and evolve to meet the needs of learners and businesses at scale. After evaluating over 4,000 companies globally, we are proud to present the list of the 150 most impactful companies in digital learning that are leading the charge in providing ALL people equal access to the future.”
Edmentum was selected after a rigorous assessment of more than 4,000 venture capital- and private equity-backed companies, that met the following criteria:
- VC or PE-backed companies in digital learning and workforce skills, excluding public and nonprofit companies
- Companies that have achieved meaningful scale, and primarily, but not exclusively, those that are post-Series A in their development
- Companies experiencing solid, organic top-line growth
The final selection is determined by GSV’s proprietary scoring system, which applies scores across several KPIs such as revenue scale, revenue growth, active learner reach, international reach, and margin profile.
The GSV 150 is distributed across Pre-K to Gray, covering early childhood, K-12, higher education, adult consumer learning, and workforce learning. Of these companies, 33% focus specifically on lifelong learning (which includes adult consumer learning and workforce learning), 32% focus on early childhood and K-12 education, and 5% focus solely on higher education. More and more companies are extending their reach across the lifetime learning cycle, with 30% of the 150 expanding across multiple categories from Pre-K to Gray.
See the full GSV 150 list at www.asugsvsummit.com/edtech-150.
Edmentum is the leading provider of K-12 digital curriculum, assessments, and services to more than 43,000 schools, 400,000 educators, and six million students in all 50 states and 100 countries worldwide. Building on a 60-year history of impact, Edmentum creates innovative, proven learning technology, partnering with educators to ignite student potential. For more information, visit edmentum.com.
About ASU+GSV Summit
The ASU+GSV Summit is the premier global event focused on technology innovation in education and skills. We believe that ALL people deserve equal access to the future. Started in 2010 with a collaboration between Arizona State University (ASU) and Global Silicon Valley (GSV), the annual Summit connects leading minds focused on transforming society and business around learning and work. Educators, investors, industry leaders, and entrepreneurs from around the world come together to innovate the future of education for all. Hosted in San Diego, over 5,300 people attended in April 2022. Speakers from previous years include President Barack Obama, President George W. Bush, Former Secretary of State Condoleezza Rice, John Legend, Common, Marian Wright Edelman, Bill Gates, Sandra Day O'Connor, Reed Hastings, President Vicente Fox, Malcolm Gladwell, Gloria Steinem, Tony Blair, and Howard Schultz.