List recognizes most transformational companies in Education Technology
DALLAS (May 19, 2021) — UWorld has been named to The GSV EdTech 150, which recognizes the world’s leading, most transformational education technology companies.
UWorld was chosen from among 2,000 private companies across several factors being evaluated on their revenue scale, revenue growth, active learner reach, international reach and margin profile. GSV estimates that these 150 companies together reach approximately 3 billion people — close to half of the global population — and generate approximately $20 billion in revenue.
GSV launched its inaugural list of leaders in education technology in 2020 with the EdTech 50, and with rapid growth in the sector, increased this year’s list to 150.
“We’re excited to receive this recognition from GSV for the second year in a row,” said Dr. Chandra S. Pemmasani, founder and CEO of UWorld. “The companies that made this list are having a momentous impact on education technology, which was especially meaningful over the last year due to adverse conditions created by the pandemic. We’re grateful for GSV’s recognition of our business performance and look forward to continuing our growth in existing and new sectors in the near future.”
“Congratulations to UWorld for being selected for the GSV EdTech 150,” said Deborah Quazzo, managing partner of GSV. “When we launched the EdTech 50 last year, none of us knew the impact that a global pandemic would bring to education. COVID-19 brought 1.6 billion learners online overnight, ushering in the dawn of digital learning, and those we recognize today certainly met the moment. UWorld has responded to unprecedented demand and growth with what GSV calls Weapons of Mass Instruction — and we look forward to seeing what you do next.”
The selection is determined by GSV’s internally developed scoring system that applies scores across several KPIs including revenue scale, revenue growth, active learner reach, international reach and margin profile.
The GSV EdTech 150 list is evenly distributed between three major groups: Life-Long Learning, Higher Ed, and K-12. K-12 leads with 33% of the top 150 companies, with another 13% in blended K12/Higher Education companies. Workforce Learning and Adult Consumer learning together account for 37%, with Higher Education at 14% and Early Childhood at 3%.
The GSV EdTech 150 list is evenly distributed between three major groups: Life-Long Learning, Higher Education, and K-12. K-12 leads with 33% of the top 150 companies, with another 13% in blended K-12/Higher Education companies. Workforce Learning and Adult Consumer learning together account for 37%, with Higher Education at 14% and Early Childhood at 3%.
North America — specifically the United States — is the leading geography within the EdTech 150. North America accounts for nearly half of the list, with China and India at 18% and 10%, respectively. These markets combined represent over 73% of those included. Europe, the Middle East, and Africa are represented by 15% of the listing, with several high quality, fast growing companies such as Photomath, OpenClassrooms, Brainly, and GoStudent. Latin America — and specifically Brazil — is showing strong early trends, with Hotmart, Descomplica and UOL EdTech all experiencing impressive growth.
To see the full list of companies selected to the GSV EdTech 150, please visit www.asugsvsummit.com/edtech-150.
The ASU+GSV Summit is an annual event hosted by Arizona State University and GSV connecting leading minds focused on transforming society and business around learning and work. The 2020 Summit welcomed over 15,000 attendees from more than 135 countries, including leading educators, innovators, investors, strategists, foundation leaders, media, and policy makers across the “Pre-K to Gray” global education and skills sectors. Previous keynote speakers include, President George W. Bush, Bill Gates, Former Secretary of State Condoleezza Rice, Common, Justice Sandra Day O’ Connor, Richard Branson, John Legend, President Vincente Fox, Gloria Steinem, and Howard Schultz, among others.
UWorld is the worldwide leader in online learning to prepare for high-stakes exams. Since 2003, UWorld has helped millions of undergraduate, graduate, and professional students prepare for their exams. At the core of UWorld’s mission is an obsession with quality so that students receive only the best in learning resources. Whether students are preparing for the, ACT®, SAT®, AP®, CFA®, CPA, MBE®, MCAT®, NAPLEX®/MPJE®/CPJE®, NCLEX®, PANCE/PANRE, USMLE®, ABIM®, or ABFM®, UWorld ensures success by using active learning methods. With challenging practice questions that mirror the real tests and unrivaled explanations, students can efficiently and effectively prepare for every topic on their exams. To learn more, please visit UWorld.com.
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