Shorelight has been included in the GSV EdTech 150, a list of the world’s most transformative growth companies in digital learning.
Shorelight 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 three billion people — almost half of the global population — and generate approximately $20 billion in revenue.
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.
“I’m thrilled to see Shorelight recognized for our industry-leading student enrollment and performance management technology and services that have enabled 20,000 international students from 127 countries to access high-quality US degree programs and support them throughout their academic journey,” said Tom Dretler, CEO of Shorelight. “We will continue to lead the way in utilizing technology to create life-changing opportunities for international students, help universities reach their international student enrollment goals, and further our mission to educate the world.”
“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.”
To arrive at its listing, GSV evaluated more than 3,000 venture capital and private equity-backed private for-profit companies that met the following criteria:
VC or PE-backed companies in Digital Learning, 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 strong, 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.
See the full GSV EdTech 150 on the ASU + GSV Summit website >