Edmentum Named to the 2024 GSV 150
List Recognizes Top Growth Companies in Digital Learning & Workforce Skills
Bloomington, MN (February 29, 2024) - 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 digital learning and workforce skills.
GSV selected its 2024 cohort, including Edmentum, from more than 2,000 global companies using a proprietary rubric of revenue scale, revenue growth, user reach, geographic diversification and margin profile. These VC- and PE-backed companies are experiencing top-line growth, collectively reaching a staggering three billion people and generating approximately $23 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 creating innovative solutions that address the needs of educators and students. As the original education technology company, we’ve built a foundation on delivering forward-thinking technology, in partnership with educators, that accelerates learning and helps to ensure positive student outcomes.”
“The world is adapting to seismic shifts from generative AI,” says Luben Pampoulov, Partner at GSV Ventures. “AI co-pilots, AI tutors, AI content generators—AI is ubiquitous, and differentiation is increasingly critical. The GSV 150 is an impressive group of edtech companies that are leveraging AI and driving positive outcomes for learners and society.”
Workforce Learning companies comprise 34% of the list, K-12 29%, Higher Education 24%, Adult Consumer Learning 10% and Early Childhood 3%. Additionally, 21% of the companies stretch across two or more “Pre-K to Gray” categories. A broader move towards profitability is also evident: the collective gross and EBITDA margin score of the 2024 cohort increased 5% compared to 2023.
See the list at https://www.asugsvsummit.com/g....
About Edmentum
Edmentum is a leading provider of K-12 digital curriculum, assessments, and services to more than 43,000 schools, 420,000 educators, and 5.2 million students in all 50 states and 100+ countries worldwide. Building on its 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 GSV Ventures
GSV Ventures, a multi-stage venture capital firm focused on the $7+ trillion global education and workforce skills sector, manages and invests from GSV Ventures Fund III. GSV has invested $600M+ in innovators across "Pre-K to Gray" learning, including Class Technologies, ClassDojo, Coursera, Coursehero, Degreed, Guild, Lead School, PhysicsWallah, Photomath and Valenture Institute.
About ASU+GSV
Through a deep partnership between Arizona State University (ASU) and Global Silicon Valley (GSV), ASU+GSV Summit has become the world's most important and impactful annual gathering of 7,000+ "Pre-K to Gray" education leaders. Today, the ASU+GSV platform also includes the inaugural ASU+GSV AIR Show exploring the AI Revolution in EDU.