Parchment Chosen to the 2023 GSV 150

A listing recognizing essentially the most transformational digital studying and workforce abilities firms

SCOTTSDALE, Ariz., Jan. 26, 2023 /PRNewswire/ — For the third consecutive yr, Parchment, the business chief in educational credentials administration, was named to the annual GSV 150, an inventory of the world’s most transformative non-public firms in training.

Parchment was chosen from over 4,000 enterprise capital and personal equity-backed non-public firms revolutionizing the world of training know-how. GSV estimates that collectively these 150 firms attain roughly 3 billion individuals — virtually half of the worldwide inhabitants — and generate roughly $25 billion in income.

Study extra in regards to the GSV 150 and the choice course of here.

“Parchment is thrilled to be a part of this selective group of transformative development firms three years in a row, bringing complete and progressive know-how platforms to market,” stated Matthew Pittinsky, Ph.D., Chief Govt Officer of Parchment. “This honor validates our steady dedication to bringing to our issuers and receivers a unified expertise that creates a safe community to change learner credentials, reminiscent of transcripts, diplomas, digital badges, certificates, and complete learner information (CLRs). Most significantly, this celebrates Parchment’s mission to place the learners on the entrance and heart of every thing we do.”

“We’re excited to launch the annual GSV 150, a number of the main non-public firms in digital studying and workforce skilling,” stated Alexandra Argo, investor at GSV Ventures. “As we enter into what we name a ‘Courageous New World,’ it’s clear that you would be able to’t use an previous map to navigate a brand new world. This spectacular group of firms continues to develop and evolve to fulfill the wants of learners and companies at scale. After evaluating over 4,000 firms globally, we’re proud to current the listing of the 150 most impactful firms in digital studying which might be main the cost in offering ALL individuals equal entry to the long run.”

The ultimate choice is set by GSV’s proprietary scoring system, which applies scores throughout a number of KPIs reminiscent of income scale, income development, lively learner attain, worldwide attain, and margin profile.

The GSV 150 is distributed throughout Pre-Okay to Grey, overlaying early childhood, Okay-12, greater training, grownup client studying, and workforce studying. An increasing number of firms are extending their attain throughout the lifetime studying cycle, with 30% of the 150 increasing throughout a number of classes from Pre-Okay to Grey.

Geographically, North America — primarily america — is essentially the most represented area, accounting for 60% of the GSV 150. India can be a major contributor to the listing, with 14% of the businesses coming from that market, which has continued to expertise speedy development. Europe and Latin America every account for 11% and seven% of the GSV 150, respectively. The remaining 8% of firms are dispersed all through MENA, Africa, Asia, Australia, and New Zealand.

See the full GSV 150 list.

About Parchment

Parchment believes credentials matter within the lifelong journey of a learner. Providing essentially the most complete educational credentials administration platform, Parchment helps learners, educational establishments and employers request, confirm and share transcripts, diplomas, and different credentials in easy and safe methods. Our platform has helped thousands and thousands of learners, over 13K districts, college registrar workplaces, state training businesses, and receivers (together with college admissions workplaces, background test firms, employers, school software providers, OPMs, and certification and licensing boards) change greater than 140 million transcripts, diplomas, certificates, complete learner information (CLRs) and different credentials globally. Parchment is headquartered in Scottsdale, AZ and Melbourne, Australia, with workplaces in Roseville, CA and Loveland, OH. We assist flip credentials into alternatives. Comply with Parchment on Twitter, Facebook and LinkedIn.

About ASU+GSV Summit

The ASU+GSV Summit is the premier world occasion targeted on know-how innovation in training and abilities. We consider that ALL individuals deserve equal entry to the long run. Began in 2010 with a collaboration between Arizona State College (ASU) and World Silicon Valley (GSV), the annual Summit connects main minds targeted on reworking society and enterprise round studying and work. Educators, buyers, business leaders, and entrepreneurs from world wide come collectively to innovate the way forward for training for all. Hosted in San Diego, over 5,300 individuals attended in April 2022. Audio system from earlier years embrace President Barack Obama, President George W. Bush, Former Secretary of State Condoleezza Rice, John Legend, Widespread, Marian Wright Edelman, Invoice Gates, Sandra Day O’Connor, Reed Hastings, President Vicente Fox, Malcolm Gladwell, Gloria Steinem, Tony Blair, and Howard Schultz.

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SOURCE Parchment Inc.