Scenes from 2018 Edtechx Europe conference. Credits.
Eneza Education is among four African Edtech companies, on the 2018 Tyton Global Growth50 – international education companies with impact named by Tyton Partners at EdTechX Conference in London on June 19, 2018.
London- Tyton Partners, the leading provider of investment banking and strategy consulting services to the global knowledge sector, today announced its Tyton Growth50, a recognition of dynamic growth-stage companies in the education sector to firms operating outside of the United States. The Tyton Global Growth50 consists of enterprises operating in the education market outside the U.S. that are distinguished by having achieved impact at scale through a combination of strong financial performance, market penetration, and measurable customer outcomes. These attributes form the basis of the Tyton Growth Framework, which seeks to identify companies that are both effective in their educational impact and financially sustainable. In a funding environment that can sometimes overvalue what’s new, Tyton seeks to also credit impact and durability.
“Many of the business applications we see developing in other countries are similar to those being pursued in the U.S.,” said Chris Curran, Founder and Managing Partner at Tyton Partners. “But their relative success and state of development varies materially based on different levels of market need and cultural norms. Language learning, as one example, has inspired a thriving EdTech ecosystem outside the United States whose sophistication and growth surpasses anything we have seen domestically.”
Categories dominating the list of global companies include language learning, tutoring, private K-12 instruction, and native mobile learning applications, in addition to those more recognizable among U.S. market watchers, including technology skills training and adaptive and assessment technologies.
“As much interest and excitement as we see around the intersection of technology and education in the United States, in many other countries the enthusiasm for the potential of new education enterprises is even greater,” said Adam Newman, Founder and Managing Partner at Tyton Partners. “That said, we see a great opportunity for firms inside and outside the U.S. to learn from one another’s experiences.”
Over the past six months, members of the Tyton Partners’ team, which collectively possess several decades of transactional and advisory experience, reviewed more than six hundred nominated companies against the Tyton Growth Framework to select finalists for the inaugural Global Growth50 list. The process included an open submission process, company surveys and independent evaluation. To be eligible, companies must be either domiciled outside the U.S. and/or generate more than 50% of their revenue from markets outside the U.S.
The selected companies for the Tyton Global Growth50 were announced in conjunction with the IBIS Capital Edtechx conference in London and will be invited to attend an exclusive gathering of leaders and investors in Newport, Rhode Island in the fall of 2018. In conjunction with that event, Tyton plans to publish a report highlighting global trends in the education market as well as profiles of the named companies.
The Tyton Global Growth50 from Africa, include the following companies:
Eneza Education (MPrep)
Andela
Bridge International Academies
SPARK Schools
See the full list, on this link.