Cambium Learning Group Named to GSV EdTech 150 for Second Consecutive Time Following Year of Historic Growth
List recognizes the most transformational companies in education technology
Dallas, TX—Cambium Learning Group announced today it has been named to The GSV EdTech 150 list, a list of the world’s most transformative growth companies in digital learning curated by female-led, multi-stage venture capital firm GSV Ventures.
Cambium was chosen from over 3,000 venture capital and private equity-backed private companies revolutionizing the world of education technology. GSV estimates that together these 150 companies reach roughly 3 billion people – almost half of the global population – and generate approximately $20 billion in revenue.
“Today, we announce the annual GSV EdTech 150," said Luben Pampoulov, Partner at GSV Ventures. "As the global pandemic continues to drive learners online, more and more companies are innovating in the digital learning space — making it increasingly competitive for companies to make the top 150. We evaluated over 3,000 companies globally this year. The way GSV sees it, Ed is on The Edge, and increasingly more companies have the ideas, know-how, and talent to transform the world and provide all people equal access to the future. We know these companies are well-equipped to help us achieve that goal, and we look forward to watching them do so.”
“While the past year was filled with challenges, teachers and students continued to find new ways to leverage edtech and continue learning,” said John Campbell, CEO of Cambium Learning Group. “To be recognized for the second year in a row by GSV is especially meaningful because we've been so focused, as a diverse and growing company, on the pursuit of our purpose: to help all teachers and students feel seen, valued and supported.”
This recognition comes on the heels of a successful 2021 for Cambium. The company now serves more than 20 million students, 30% of teachers in 94% of districts in the US, and learners in more than 170 countries. Cambium also fueled its growth by attracting top-level talent, adding nearly 400 new positions in 2021 alone, and expects to add more than 600 new positions in 2022. Cambium’s latest video, “Back to the Future,” highlights Cambium's legacy of impact and serves as a call to action for professionals wanting to join the edtech leader in addressing education’s most persistent challenges.
GSV launched the list of education technology leaders in 2020 with the EdTech 50. Due to rapid growth in the sector, necessitated by a global pandemic and continued remarkable technological evolutions, the list increased to 150 in 2021. In 2022, the sector shows no signs of slowing down with the 150 companies selected for this year’s list collectively experiencing revenue growth in the high double digits.
Learn more about the GSV EdTech 150 and the selection process here.
GSV Ventures is a female-led, multi-stage venture capital firm focused on the $7+ trillion education sector. The fund is currently investing out of GSV Ventures Fund III and backs innovative entrepreneurs around the world in the "Pre-K to Gray" Arc of Learning. GSV manages over $675 million in global EdTech investments. Portfolio holdings include Andela, Class Technologies, ClassDojo, Coursera, Course Hero, Degreed, Guild, MasterClass, Outlier, Photomath, Quizizz, Lead School, Brightchamps, and ClassPlus, among others.
About Cambium Learning Group
Cambium Learning® Group is the education essentials company, providing award-winning education technology and services across the Pre-K-12 space. With an intentionally curated portfolio of respected global brands, Cambium serves as an education leader, helping millions of educators and students feel more universally seen, valued and supported. In everything it does, the company focuses on the elements that are most essential to the success of education, delivering simpler, more certain solutions that make a meaningful difference right now.
To learn more, visit www.cambiumlearning.com or follow Cambium on Facebook, LinkedIn, Twitter and Medium. The Cambium family of brands includes: Cambium Assessment, Lexia® Learning, Learning A-Z®, Voyager Sopris Learning®, ExploreLearning®, Time4Learning® and Kurzweil Education®.
CMO, Cambium Learning Group
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