2025
OWL VENTURES
EDUCATION OUTCOMES REPORT
2025
OWL VENTURES
EDUCATION OUTCOMES REPORT
CONTENTS
INTRODUCTION
pOST-SECONDARY
portfolio alignment to UN SusTAinable development goals
EMERGING TRENDS IN 2025
FIZZ
NOODLE
OWL'S APPROACH TO OUTCOMES MEASUREMENT
QUIZLET
HONORLOCK
KEY COMPANY OUTCOMES
STUDYFETCH
KYRON LEARNING
OWL VENTURES TEAM
DIVERSITY METRICS
Vaia | StudySmarter
LABSTER
PORTFOLIO AT A GLANCE
Welcome Tech
LEAP FINANCE
MAXIMAL LEARNING
PRE K-12
Kiddom
LELE KETANG
AMIRA LEARNING
CAREER MOBILITY
LETRUS
ANSWERSNOW
Mighty Networks
APNA
LingoAce
AUTHENTICA SOLUTIONS
PREPLY
BenchPrep
Linus Labs
BETTERLESSON
Newsela
Sanjieke
BLING
BORDERPLUS
Novakid
BRISK TEACHING
SCHEMATA
Class
Derivita
Panorama Education
SKILLTRADE
CLASSPLUS
DEWEYLEARN
PARENTSQUARE
COMPLEMENT1
SMALT
Fiveable
SplashLearn
DEEPHOW
STASH
Futre
STARBRIDGE.AI
DEGREED
SV ACADEMY
GENIALLY
SUBJECT
Greenlight
GALENA
SWING EDUCATION
THRIVE GLOBAL
Hazel Health
THUNKABLE
HoyTrabajas
UBITS
Ignite Reading
UBIMASTER
Interplay Learning
Workera
JOTIT
ULESSON
MASTERCLASS
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
CONTENTS
INTRODUCTION
We are excited to share this year’s report as Owl Ventures looks ahead to the next decade of education innovation. We launched in 2014 with a simple yet ambitious vision: to partner with and scale the world’s most transformative education companies. We believed in the power of technology to reshape learning and workforce development for billions of people. Eleven years later, that belief has only deepened.
Asia and Africa continue to lead in digital adoption, with governments investing heavily in national online learning infrastructures. Europe now accounts for nearly a third of edtech deals.
Owl’s international expansion, with a London hub and active investments across Asia, Europe, LATAM, and Africa, reflects our conviction that the future of education is not only borderless but interconnected.
With more than $2.2 billion in assets under management, global offices, and over 100+ portfolio companies, Owl Ventures remains the world’s largest venture capital firm dedicated to education technology—impacting more than 700+ million users worldwide.
M&A activity continues to accelerate, with a wave of consolidation and strategic partnerships in the past year. Cross-border acquisitions are fueling international scale, while partnerships between edtech companies and traditional institutions are creating new blended models of delivery. These dynamics signal a maturing market—one that is sustainable, resilient, and increasingly attractive to investors and operators alike.
Globally, the education and training market remains one of the fastest growing, on track to surpass $10 trillion by 2030.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
INTRODUCTION
Finally, AI has moved beyond experimentation to become foundational in classrooms, universities, and enterprises. The global AI in education market is projected to grow by more than $53 billion in the next decade, driven by adaptive tutoring, automated content creation, and workforce reskilling platforms. Educators are saving hours each week with AI copilots, while students are receiving personalized learning support at scale. AI is shifting routine tasks away from teachers, creating space for deeper focus on mentorship, critical thinking, and wellbeing. Looking ahead, we remain steadfast in our mission: to improve education outcomes at scale. The megatrends of AI, global digitization, and lifelong learning are not only reshaping education, but also guiding our investment strategy.
THE ROLE OF AI IN EDUCATION Education is entering one of the most profound transformations in its history, and artificial intelligence is at its core. What was once speculative is now routine: recent surveys show that 40% of US teachers favor the use of AI tools in K-12 schools and 32% of US teachers use AI tools weekly for lesson planning, grading, and differentiated instruction. In higher education, AI tutors, language supports, and research copilots are boosting productivity, while startups are scaling adaptive learning, career navigation, and credentialing platforms. The workforce dimension underscores the urgency. The World Economic Forum projects that 44% of workers’ skills will be disrupted within five years, intensifying demand for AI-enabled reskilling. For institutions, constrained budgets and accountability pressures make personalization, efficiency, and measurable outcomes the defining adoption drivers.
THREE CONVERGING FORCES MAKE 2025 AN INFLECTION POINT:
- Technology readiness: AI models have matured to a level of reliability suitable for safe classroom and workplace use.
- Demand pull: teachers, institutions, and employers are actively seeking solutions to workload challenges and widening skills gaps.
- Policy momentum: governments are funding AI literacy and digital equity initiatives, exemplified by the White House AI Pledge (signed by 60+ companies) and the EU’s AI Act, which mandates transparency, accountability, and learner safeguards.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
INTRODUCTION
Industry is aligning with policy. Leaders such as OpenAI, Microsoft, Google, and IBM are investing in large-scale professional development, free curriculum resources, and mentorship networks to build teacher capacity. The shift is empowering teachers with tools that extend equity, trust, and outcomes at scale. The White House’s AI in Education pledge unlocked hundreds of millions in new investment. Owl portfolio companies are at the forefront: Studyfetch partnered with NVIDIA as part of the White House’s AI in Education pledge, to create content offerings to meet the instructional needs of the US K-12 classrooms. The CHIPS & Science Act allocated $13 billion toward workforce reskilling, and Interplay Learning has been actively participating in White House and Department of Education convenings on workforce readiness.
For investors, this is not a cyclical trend but a structural shift. Education is at an inflection point where AI adoption is both inevitable and accelerating. The winners will be companies that partner with educators and institutions to responsibly embed AI into learning systems worldwide.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
INTRODUCTION
EMERGING TRENDS IN 2025
PRIORITIZING MENTAL HEALTH AND WELLBEING
CONSOLIDATED, DATA-DRIVEN PLATFORMS
The future of learning is integrated, not fragmented. Education systems are shifting from standalone tools to connected platforms that align curriculum, data, and operations. This convergence reduces friction across classrooms and institutions, accelerates intervention and decision cycles, and drives measurable gains in efficiency and learner outcomes. Owl portfolio company Kiddom exemplifies this shift, building coherent instructional ecosystems for districts nationwide.
Mental health has been recentered in educational infrastructure. Rising stress, disengagement, and digital overload are driving schools, universities, and employers to embed Social Emotional Learning (SEL) and wellbeing into core platforms. AI is increasingly used to monitor and support resilience at scale. Owl portfolio companies like Hazel Health, AnswersNow, and Panorama Education are making mental health and health care access integral to student and workforce success.
- The average district manages 1,300+ tools monthly, yet integration remains low, limiting data flow and insight. (Project Unicorn)
- Across 2021–2025, overall district interoperability maturity rose to 47% (up from 42% in 2023) indicating slow but steady improvement toward unified systems. (Project Unicorn)
- 72% of district leaders express confidence in selecting HQIM, yet only 59% have processes to evaluate its effectiveness, highlighting the limitation of assessing print-based materials without integrated digital data. (EdReports)
- 97% of public schools reported offering at least one type of mental health service to their students In the 2024-2025 school year, and 18% of students utilized school-based mental health services. (KFF)
- The use of telehealth to deliver mental health treatment has increased from 17% to 22% between the 2021-2022 and 2024-2025 school years. (KFF)
- The global corporate wellness market size was valued at USD 53 billion in 2022, with North America accounting for 39.4% of the total revenue. (Grand View Research)
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
EMERGING TRENDS
EMERGING TRENDS IN 2025
Global Expansion: MENA as a Gateway to Sub-Saharan Africa
Outcomes-Based Contracting
- 60% of MENA’s population is under 30, driving demand for scalable, digital-first education. (UNDP)
- Africa’s working-age population will double by 2050, and the number of Africans with an upper-secondary or tertiary education will also more than double, from 103 million in 2020 to 240 million in 2040. (UNESCO).
- Government initiatives are a driving force in the MENA edtech market. Under its Vision 2030 agenda, Saudi Arabia allocated $53 billion to education, while education continues to represent the largest sector in Morocco’s national budget.
- 60 LEAs, ESAs, and SEAs across 25 states include outcomes-based elements in edtech contracts. (OBC, SEF)
- In 2024, participating districts achieved 65% of all contracted outcomes, underscoring how outcome-based contracting aligns incentives, rewards effectiveness, and strengthens accountability for public investment. (OBC, SEF)
MENA is one of the fastest-growing edtech regions, fueled by sovereign wealth funds, AI literacy mandates, and national digitization agendas. With more than 60% of the population under 30˛, MENA is not only scaling rapidly but also serving as a launchpad for cross-border growth into˛ Sub-Saharan Africa and South Asia. Owl portfolio companies like Interplay Learning, uLesson, and Amira Learning are seizing this opportunity to reach young, mobile-first learners.
Procurement is shifting from inputs to results. Districts, universities, and employers are adopting contracts tied to measurable outcomes—such as skills mastery, graduation rates, or job placement. This model aligns incentives, rewards efficacy, and ensures accountability for public and private investment. Owl portfolio company Amira Learning has paved the way with performance-based contracts in literacy, signaling a durable move toward evidence-driven procurement.
Dr. Katie Jenner, Indiana’s Secretary of Education, and Dr. Scott Muri, Superintendent Emeritus of Ector County ISD (TX), testified before the Senate in September 2025, highlighting how the Outcomes-Based Contracting (OBC) model is being positioned as a lever for student success.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
EMERGING TRENDS
EMERGING TRENDS IN 2025
Workforce Education Surge via Nano-Credentials
EARLY-STAGE INNOVATION MEETS M&A CONSOLIDATION
As AI reshapes labor markets, modular and stackable nano-credentials are becoming essential to reskilling workers in weeks, not years. Platforms now map skills, personalize journeys, and verify outcomes at scale, offering rapid ROI for employers and affordable mobility for workers. Owl portfolio companies like Workera and StudyFetch are leading the way with AI-driven skill assessment and learning pathways.
Edtech is experiencing a dual dynamic: robust AI-first innovation at the seed and Series A level, alongside accelerating consolidation by larger players integrating content, distribution, and data. This signals a maturing market where experimentation fuels breakthroughs, while M&A scales proven solutions.
- The alternative-credentials market for higher education is forecasted to grow by $1.83 billion between 2024 and 2029. (TechNavio)
- 97% employers are already using or actively exploring skills-based hiring (a 20-point jump since 2023. (Lumina Foundation)
- Policy commitment to credentials is rising as 34 states passed 92 state laws since 2020 focused on credentials. (Advance CTE)
- Over 340 edtech M&A deals closed globally in 2024, totaling a disclosed value of $28 billion. (HolonIQ)
- Workforce development and corporate training have emerged as leading segments. (Tyton Partners)
Acquired by Carlyle, Providence Equity
Acquired Wonderscope, and iStation
Acquired Little Otter and Acquired BeMe
Acquired Learnin
Acquired by Evergreen
Acquired Industrial Training International
Acquired GeeBee Education
Acquired Formative and Generation Genius
Acquired by Campus
Acquired Lingumi
Acquired Mesa Cloud and Class Companion
Acquired by ParentSquare
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
EMERGING TRENDS
Owl’s Approach to Outcomes Measurement
At Owl, we recognize that prioritizing impact is a fundamental requirement for building long-lasting businesses. We work with portfolio companies to measure impact in three primary areas: scale and access, diversity, and outcomes.
POST-SECONDARY AND CAREER MOBILITY
INTERNATIONAL
Internationally, alongside factors like household income and geography, access gaps are also attributed to cultural norms, religion, and caste or class systems. For example, in India, according to the latest census, there is a wide gap between rates of female literacy (65%) and male literacy (82%), which further widens in the rural parts of the country. In Latin America, the education gap mirrors the income gap between rich and poor. Where possible, our companies track comparison data on urban and rural populations served, including income levels of users, gender, and age ranges.
A 2019 McKinsey & Company study reported that labor-market outcomes vary across demographic groups and that Latinx and African American workers are four times more likely to hold “automatable” jobs. The same study also highlighted the nearly 11.5 million workers over 50 years of age who hold at-risk jobs. To allow education to serve as an equalizer, we encourage companies to collect data on measures such as gender, income level, level of education, cities their customers are from, and racial profiles for their customers, where possible.
Learner Scale And Access
To achieve greater equity and inclusion in education, there must be increased efforts to collect and analyze data on the most-excluded segments of the population. Owl works with companies to understand their customer profiles and to ensure that the products they are building have the ability to scale without locking out high-need communities. Within the US context, metrics to measure access differ by company sector, business model, and key stakeholders.
PRE-K-12
For example, a K-12 company that sells directly to schools and districts can report on the percentage of students who qualify for Free and Reduced Lunch (FRL: A proxy for poverty, based on family income) in customer districts, English Language Learners (ELLs) served, as well as demographic data of students by race. However, an early learning company that sells directly to customers may not be able to leverage FRL or ELL data to measure access. Instead, it might track access through the number of parents and communities served by geography, product price point, and types of devices its product is available on.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
EMERGING TRENDS
Owl’s Approach to Outcomes Measurement
OUTCOMES
Owl recognizes that each portfolio company addresses a unique challenge within the education market. As a result (similar to the way we think about access), we help each portfolio company identify and measure specific outcomes that are in line with its product goals.
We recognize different types of research are appropriate to determine effectiveness according to product type and development stage. Therefore, we encourage our portfolio companies to report their impact along a spectrum, from formative research to summative research. Using this spectrum, early-stage companies might showcase their impact through user testimonials and descriptive case studies; conversely, a more mature company will be able to provide rigorous research data, through participation in causal, comparative, or randomized controlled trial studies. At the core, we want to help companies answer one fundamental question: Does your product have a positive outcome for its intended users? Owl classifies companies in three primary-education-focused industries: pre-K-12, postsecondary education, and career mobility. The report is organized by these industries. For each company, you will find a description of the company; the company’s approach to measuring effectiveness; and its access and outcomes data, told via metrics and case studies.
DIVERSITY
The benefits of diversity are well-documented. Prioritizing diverse leadership and concrete HR policies are also crucial for employee retention, better decision-making, and strong work cultures. McKinsey & Company’s research found that companies in the top quartile for both gender and ethnic diversity in executive teams are on average 9 percent more likely to outperform their peers. In another study, researchers found when diverse teams of three or more people made a business decision, they outperformed individual decision-makers up to 87% of the time. Diverse teams were also shown to make decisions faster than individual workers, and they, too, benefited from a 60% improvement in decision-making.
At Owl, we recognize that lack of diversity in teams is a problem since homogenous communities are susceptible to groupthink and are less likely to voice the needs of the communities they hope to serve. As part of our annual diversity survey, we collect metrics such as gender, race, pay equity, and employee retention for women and persons of color for each of our portfolio companies, where applicable.
PRE–K–12
As an example, a pre-K-12 content company will measure its impact using outcomes, such as student achievement on standardized tests or socio-emotional skills developed; whereas other pre-K-12 companies might track metrics such as chronic absenteeism and teacher time saved.
POST-SECONDARY AND CAREER MOBILITY
A career-mobility company, on the other hand, will measure its impact using outcome metrics, like graduation rates, scholarships received, job-placement numbers, and salaries earned. These metrics are similar to those used by the career-mobility sector, which is focused on reskilling and upskilling.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
EMERGING TRENDS
THE OWL VENTURES TEAM
operations and portfolio services team
Investment team
RONA BALL
Lars Fjeldsoe-Nielsen
Kate Chhabra
Tom Costin
Hailey Carter
Ian Chiu
MaLvika Bhagwat
Brian Henspeter
Regina Lombardo
Teresa Lew
ROSA LEE
Shreyaa Khemka
Andrew Solomon
Amit Patel
Tory Patterson
Lyman Missimer
Joseph Vukel
Jessie WoOlley-WilsON
Jenny Wang
Allison Orzell
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
PORTFOLIO AT A GLANCE
PORTFOLIO AT A GLANCE
SCALE
18 m+
499 m+
767 m+
2 b+
100
1.4 m+
EDUCATORS
LEARNERS
USERS
TOTAL INVESTMENTS
K-12 SCHOOLS
TOTAL ASSETS UNDER MANAGEMENT
73 k+
149 k+
241
HIGHER EDUCATION INSTITUTIONS
EMPLOYERS
COUNTRIES
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
PORTFOLIO AT A GLANCE
PORTFOLIO AT A GLANCE
VAIA | STUDYSMARTER GENIALLY Labster
50 M+ 42 M+ 6.6 M+
Users served globally by Owl portfolio companies
EUROPE
103 M+
usa
ASIA
325 M+
331 M+
87 M+ 60 M+33 M+ 21 M+ 20 M+ 20 M+
NEWSELA QUIZLET Panorama Education KIDDOM Mighty Networks PARENTSQUARE
SplashLearn Classplus APNA LELE KETANG
110 M+ 100 M+ 56 M+ 55 M+
AFRICA
LATAM
2.7 M+
3.9 M+
ULESSON
2.7 M+
2 M+ 902 K+ 800 K+
HoytrabajasLetrus UBITS
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
PORTFOLIO AT A GLANCE
PORTFOLIO AT A GLANCE
ACCESS ACROSS THE K-12 PORTFOLIO
ACCESS ACROSS THE PORTFOLIO
Student of Color Average
TITLE I AVERAGE
41%
79%
57%
61%
ENGLISH LANGUAGE LEARNERS AVERAGE
STUDENTS OF COLOR AVERAGE
51%
56%
FREE REDUCED LUNCH STUDENTS AVERAGE
ENGLISH LANGUAGE LEARNERS Average
59%
27%
53%
10.6%
NATIONAL BENCHMARK
OWL PORTFOLIO
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
PORTFOLIO AT A GLANCE
PORTFOLIO AT A GLANCE
56%
Correlational
RESEARCH & EFFICACY Priorities
Examines relationships between two variables by comparing how changes in one variable correlate with another.
93%
Usability or feasibility studies
1:1 or group user testing to get feedback on product feature usability and product implementation processes.
44%
Quasi-experimental studies
Compare outcomes of a group that receives the intervention with outcomes of a group that did not receive the intervention. The sample selection is not randomized.
82%
28%
Pre/post data analysis
Conducting studies that measure change in outcomes by comparing data before and after the intervention was implemented.
Randomized control trials
Participants are randomly assigned to a control and intervention group before the intervention is administered. Then, the outcomes of the two groups are compared to measure the effects of an intervention.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
PORTFOLIO AT A GLANCE
PORTFOLIO AT A GLANCE
RESEARCH & EFFICACY Priorities
64%
92%
Companies that have worked with external research organizations to conduct research studies.
Companies that have engaged subject matter experts to get product feedback.
46%
71%
Companies that have a full-time staff member dedicated to outcomes and efficacy.
Companies that have a research basis for their product.
26%
38%
Companies that have applied for Federal funding and other grants to accelerate their efficacy work.
Companies that have developed an iterative logic model.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
PORTFOLIO AT A GLANCE
PORTFOLIO ALIGNMENT TO UN SUSTAINABLE DEVELOPMENT GOALS
1. NO POVERTY
4. QUALITY EDUCATION
5. GENDER EQUALITY
8. DECENT WORK AND ECONOMIC GROWTH
10. REDUCE INEQUALITIES
3. GOOD HEALTH AND WELL-BEING
As the largest EdTech-focused venture capital firm, Owl’s portfolio companies all contribute to improving access to high-quality education
Grant loans to students
Training opportunities to support productive employment
Inspire and create equal opportunities for all genders
Democratize access to healthcare
Increase access to income equality for low-income households
- Hazel Health
- AnswersNow
- Panorama Health
Financial inclusion for low-income households
- apna
- Swing Education
- Mighty Networks
- Degreed
- UBITS
- Borderplus
- Workera.ai
- Interplay Learning
- apna
- Smalt
- Hoytrabajas
- Amira Learning
- Kiddom
- Newsela
- Preply
- uLesson
- Kyron Learning
- Brisk Teaching
- Linus
- STASH
- Skilltrade
- WelcomeTech
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
PORTFOLIO ALIGNMENT TO UN SDG
KEY COMPANY OUTCOMES
10 b+
1 m+
23 k+
46%
10 b+ words read aloud by students worldwide with Amira.
23K+ teacher hours saved using Authentica.
46% more confidence in applying knowledge observed among learners using Class, compared to traditional video conferencing tools.
words
DOWNLOADS
TEACHER HOURS
MORE CONFIDENCE
1M+ downloads of the Bling app.
96%
668 m+
100%
100 k+
FAMILIES
Assessment Items
96% of families report AnswersNow's services are effective or very effective.
668M+ assessment items answered on BenchPrep in the past year.
PLACEMENT
100% placement of the initial nursing cohort through Borderplus.
CANDIDATES
100k+ candidates a year pass test and job prep exams with Classplus.
10%
9.8 m+
98%
> 30%
9.8 m+ teacher hours saved with Brisk Teaching.
Administrators
CANDIDATES
Teacher Hours
98% of administrators report that BetterLesson coaching positively impacted their teacher’s mindsets.
REDUCTION
>30% reduction in healthcare expenses within 3 months of start of the Complement1 coaching program.
10% of candidates successfully receive offers for jobs they apply for on Apna.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
KEY COMPANY OUTCOMES
KEY COMPANY OUTCOMES
67%
2x
20%
80%
HIGHER
IMPROVEMENT
INCREASE
67% increase in study hours in users using Galena, compared to the national average.
20% improvement in overall equipment efficiency with DeepHow.
80% of students using Hazel Health show clinically significant reductions in depression and anxiety, with greatest gains in severe cases.
STUDENTS
2x higher AP scores earned by Fiveable users.
700 m
27 m+
28 m+
89.6%
COURSES
POSTS
700 m courses completed on Degreed, the equivalent of 15M four-year degrees.
27 m+ posts shared on Fizz across American colleges.
GENIALLYS
28 m+ Geniallys have been created by teachers.
STUDENTS
89.6% of students reported issue-free exams using Honorlock.
344 k+
4.9 m+
800+
2.5x
344 k+ teacher hours saved with Derivita’s auto-grading feature.
4.9 m+ financial literacy lessons completed on Greenlight Level Up.
CAREER PATHWAYS
TEACHER HOURS
Teacher Hours
800+ career pathways for teens and young adults with Futre.
HIGHER RETENTION
2.5x higher retention rate than industry average for candidates hired through HoyTrabajas.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
KEY COMPANY OUTCOMES
KEY COMPANY OUTCOMES
$10 m+
5.4
9%
20 m+
PROFICIENCY INCREASE
MONTHS
SCHOLARSHIPS
20 m+ classes taught worldwide on LingoAce.
CLASSES
$10 m+ in scholarships secured by students through Leap.
5.4 months of additional learning and a 5.7x increase in students meeting early literacy benchmarks in one year with Ignite's Reading Program.
9% proficiency increase across all high school integrated math courses using Kiddom.
95%
50%
88%
STUDENTS
95% students saw improved exam scores with Lele.
95%
INCREASE
USERS
50% increase in learner retention for Merit America courses that use Kyron.
88% of users report a positive impact on their lives with MasterClass.
95% of employers saw a positive impact on their business since they began using Interplay.
EMPLOYERS
92%
10%
90%
$500 m+
10% average grade improvement after 3 activities by 12th-grade equivalent students using Letrus.
STUDENTS
SCHOOLS
GRADE IMPROVEMENT
90% of surveyed students reported that Labster increased their confidence in experimental science.
GENERATED
$500 m+ generated by Mighty Networks hosts last year.
92% of schools that tried Jotit extended or expanded their activity in the 2024-25 school year.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
KEY COMPANY OUTCOMES
KEY COMPANY OUTCOMES
1 b+
26
100%
POINT INCREASE
MONTHS
QUESTIONS
100% certification pass rate among SkillTrade graduates.
CERTIFICATION
1 b+ questions answered by users every week on Quizlet.
4 additional months of literacy growth for students completing Newsela quizzes 2x weekly.
26-point increase in Panorama users reading at grade level at an Illinois school district.
16%
99%
100+
2.4 b+
China's Fortune 500 companies
RENEWAL RATE
99% of school districts renew their ParentSquare contract annually.
16% of China’s Fortune 500 companies are serviced by Sanjieke.
CREDENTIALS
PROBLEMS
100+ credentials launched with Noodle’s partner institutions.
2.4 b+ problems answered on Splashlearn.
96%
2.5 k+
70 k+
30%
30% average increase in outbound response rates for Starbridge users.
70 k+ tutors earn by teaching on Preply every month.
TUTORS
USERS
TRAINING HOURS
INCREASE
96% of Novakid users improve their English within 6 months.
2.5 k+ training hours saved by Schemata.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
KEY COMPANY OUTCOMES
KEY COMPANY OUTCOMES
100%
92%
25 m+
$4.5 b+
RETENTION
ASSETS
STUDENTS
25 m K-12 lessons watched by learners with uLesson education.
K-12 LESSONS
100% students received hands-on learning with coding concepts on Thunkable.
$4.5 b+ assets set aside by Stash users.
92% retention rate for candidates onboarded through SV Academy.
96%
91%
92%
USERS
96% of Vaia | Studysmarter users see grade improvement.
94%
EMPLOYEES
STUDENTS
92% students who use Studyfetch regularly see grade improvements.
91% of employees feel significantly less stressed when their children use ubiMaster.
JOB FILL RATE
94% job fill rate across 6K+ schools with Swing Education.
15%
15% reduction in overall annual employee turnover with WelcomeTech.
REDUCTION
2.8 k+
87%
15.2 m
15.2 m steps taken on Thrive towards healthy habit formation.
TUTORS
TEACHER HOURS
USERS
87% of users experience greater confidence after UBITS learning.
2.8 k+ teacher hours saved per school with Subject.
7.5 m+
SKILLS
7.5M+ skills verified on Workera for organizations worldwide.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
KEY COMPANY OUTCOMES
DIVERSITY METRICS AT A GLANCE
OWL VENTURES TEAM – PARTNER AND EQUIVALENT
OWL VENTURES TEAM DATA
55%
44%
WOMEN
WOMEN
GENDER
GENDER
52%
56%
MEN
MEN
40%
44%
AAPI
AAPI
11%
5%
Black/African American
Black/African American
RACE
RACE
45%
33%
WHITE
WHITE
10%
11%
TWO OR MORE RACES
TWO OR MORE RACES
INDUSTRY BENCHMARK | SOURCE: DELOITTE
INDUSTRY BENCHMARK | SOURCE: DELOITTE
PEOPLE OF COLOUR: 30%
WOMEN: 47%
WOMEN: 21%
PEOPLE OF COLOUR: 25%
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
DIVERSITY METRICS
DIVERSITY METRICS AT A GLANCE
OWL PORTFOLIO – BOARD OF DIRECTORS DATA
OWL PORTFOLIO – FOunder and CEO DATA
11%
18%
WOMEN
WOMEN
GENDER
GENDER
89%
82%
MEN
MEN
34%
28%
AAPI
AAPI
4%
12.5%
Black/African American
hispanic/Latinx
5%
46%
RACE
RACE
hispanic/Latinx
WHITE
57%
6%
WHITE
TWO OR MORE RACES
3%
1.5%
TWO OR MORE RACES
4%
Prefer Not to disclose
INDUSTRY BENCHMARK | SOURCE: RATEMYINVESTOR
INDUSTRY BENCHMARK | SOURCE: HIM FOR HER
PEOPLE OF COLOUR: 28.4%
WOMEN: 10.7%
WOMEN: 17%
PEOPLE OF COLOUR: 24%
Prefer Not to disclose
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
DIVERSITY METRICS
PRE K-12
Amira Learning
LELEKETANG
AnswersNow
Letrus
Authentica Solutions
LingoAce
BetterLesson
Linus
BLING
Newsela
BRISK TEACHING
Novakid
DERIVITA
Panorama Education
DeweyLearn
ParentSquare
Fiveable
SplashLearn
Futre
STARBRIDGE.AI
Genially
Subject
Greenlight
SWING EDUCATION
Hazel Health
THUNKABLE
Ignite Reading
ubiMaster
JotIt
uLesson
Kiddom
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
PRE K-12
SCALE
PAIN
3.5 k
40 k+
4 m+
Amira is an AI-powered reading assistant that provides tutoring, assessment, and instruction rooted in neuroscience and reading science to help K-8 students.
SCHOOLS
EDUCATORS
Students
A global literacy crisis means too many students lack crucial reading skills, hindering their learning and life chances.
MARK ANGEL
CEO
ACCESS
67%
60%
Student Literacy
SOLUTIoN
Focus
TITLE I SCHOOLS
FREE REDUCED LUNCH
2018
FOUNDED
Amira's AI delivers instant, personalized feedback and tutoring, empowering students to dramatically accelerate reading mastery.
Mark Angel and Pete Jungwirth
CO-FOUNDERS
32%
60%
NOTABLE CO-INVESTORS
Authentic Ventures, Vertical Venture Partners, Houghton Mifflin Harcourt
ENGLISH LANGUAGE LEARNERS
STUDENTS OF COLOR
OUTCOMES
Named Fast Company’s Most Innovative Education Company
>300%
Greater reading gains for Houston ISD students using Amira compared to non-users.
13
Percentile reading gain demonstrated by Louisiana first graders using Amira.
Acquired Istation
Partnered with Anthropic
OWL VENTURES INVESTMENT
2024
2025
2025
2014
AMIRA LEARNING
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
CASE STUDY
Amira’s Impact Across the US
Clayton County Public Schools Validates Amira’s Role in Accelerating Literacy Growth
Clayton County Public Schools (CCPS), Georgia’s sixth-largest district, serves over 52,000 students—98.5% students of color and 62.5% economically-disadvantaged. CHALLENGE Facing widening early literacy gaps post-pandemic, CCPS sought a scalable, evidence-based solution grounded in the Science of Reading. SOLUTION CCPS adopted Amira Assess and Tutor districtwide to deliver real-time diagnostics and personalized, curriculum-aligned practice. Tara Elementary served as a model site, integrating Amira into daily routines with support through self-paced onboarding, tailored professional development, and regular data reviews with a dedicated success manager.
RESULTS
- Students using Amira consistently (4+ times/week for 6+ weeks) achieved 18.7 weeks of growth in just 15.7 weeks—surpassing typical progress by over three months.
- Over 5 million minutes of reading were logged districtwide in summer 2025; Tara Elementary alone logged 1 million minutes.
- These outcomes support CCPS’s goal of a 10% annual increase in reading proficiency.
Amira enabled CCPS to scale effective, equitable literacy support across all elementary schools. By pairing intelligent tutoring with the Science of Reading, the district demonstrated measurable gains and year-round engagement.
AMIRA LEARNING
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
60 k+
631
AnswersNow provides telehealth services in ABA therapy and parent training. Accessible, highly-qualified experts deliver clinical support and focused care models.
THERAPY HOURS
Students
Traditional autism therapy models often struggle with low client engagement, lengthy wait times, and limited access and clinical efficacy.
Jeff Beck
OUTCOMES
CEO
96%
Families report services are effective or very effective.
82%
Clients who improved on at least one Vineland domain.
Telehealth
SOLUTIoN
Focus
2018
FOUNDED
AnswersNow’s BCBA-centric care model and proprietary digital platform enhances patient access and delivers effective, direct therapy.
Jeff Beck and Adam Dreyfus
CO-FOUNDERS
Left Lane Capital and Blue Heron Capital
NOTABLE CO-INVESTORS
CASE STUDY
From Non-Verbal to Independent
A five-year-old came to AnswersNow with significant communication, behavioral, and safety challenges, requiring a caregiver-mediated ABA approach to build communication, toileting, compliance, and safety skills. AnswersNow’s caregiver-mediated model empowered the clinician and family to implement Functional Communication Training, a systematic toilet-training protocol, and behavior-reduction plans, supporting progress during and beyond BCBA sessions.
Signed Fidelis Value-Aligned Contract
Drafted outcomes white paper
Partnered with Clemson University
OWL VENTURES INVESTMENT
2025
2025
2025
2024
ANSWERSNOW
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
4.2 k+
88 k+
557 k+
Authentica Solutions empowers education institutions with actionable intelligence to deliver equitable quality education to all learners.
SCHOOLS
EDUCATORS
Students
Educational institutions and partners struggle with fragmented data systems and managing data efficiently for actionable insights.
Russell Long
CEO
ACCESS
51%
52%
K-12 and Higher Education
SOLUTIoN
Focus
TITLE I SCHOOLS
FREE REDUCED LUNCH
2013
FOUNDED
Authentica Solutions’ Education Intelligence platform connects siloed systems and delivers AI-ready analytics to turn complex data into informed action.
Russell Long and Gene Garcia
CO-FOUNDERS
60%
80%
NOTABLE CO-INVESTORS
EduLabs Capital Partners
Special Education Students
STUDENTS OF COLOR
OUTCOMES
Signed CDW, CampusWorks, and BetterLesson as Resellers
Recognized as a Top 10 finalist for the inaugural Global EdTech Prize
Launched sprout™ and reach™ analytics
23 k+
Hours saved for teachers.
OWL VENTURES INVESTMENT
2025
2025
2025
2024
AUTHENTICA SOLUTIONS
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
1.2 k+
95.6 k+
3.8 m+
BetterLesson helps states, districts, and schools build academically rigorous pathways, increase post-secondary readiness, and optimize district resources.
SCHOOLS
EDUCATORS
Students
Educators and leaders lack the support to improve outcomes, deliver high-quality instruction, build leadership capacity, and align resources to strategic priorities.
Matthew Kennard
ACCESS
CEO
67%
57%
SOLUTIoN
K-12 Teaching and Learning
Focus
TITLE I SCHOOLS
FREE REDUCED LUNCH
BetterLesson delivers system-wide, data-driven support to empower teachers and superintendents to implement strategic plans and improve student outcomes visibly, measurably, and sustainably.
2008
FOUNDED
Alex Grodd and Erin Osborn
14%
CO-FOUNDERS
59%
NOTABLE CO-INVESTORS
Reach Capital, Michael and Susan Dell Foundation
ENGLISH LANGUAGE LEARNERS
STUDENTS OF COLOR
OUTCOMES
97%
Educators and leaders say Learning Walks improved outcomes.
98%
Administrators report that BetterLesson coaching improved teacher mindsets.
Key Partnerships
Acquired Abl
Earned ESsa iii certification
OWL VENTURES INVESTMENT
2020-25
2023-24
2017
2025
BETTERLESSON
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
CASE STUDY
RESULT
- Using Abl’s scheduling and optimization tools:
- Administrators gave teachers time for collaborative planning.
- Case managers and ELL staff prioritized support where most needed.
- Students accessed four-year pathways in advanced STEM or CTE certification.
- Leaders implemented strategies to close performance gaps.
Between the cohorts of 2021 and 2024, PPS students taking three or more years in a single career pathway increased from 28%-37% (a 9-percentage point increase). District leaders and secondary school administrators are working to expand CTE Pathways for student access to AP and IB courses and broaden their portfolio of college dual credit courses.
PORTLAND PUBLIC SCHOOLS MAXIMIZES RESOURCES THROUGH STRATEGIC SCHEDULING
“I think all school leaders are interested in figuring out how to make our commitments to students tangible and operational. How do we actually make improvements? This is the answer: data-driven analysis, intelligent scheduling, and policy and practice adjustments in order to increase student success in high school and beyond.” – Dr. Filip Hristić, Senior Director for High School Academics
CHALLENGE Portland Public Schools (PPS), Oregon’s largest district, aimed to boost college and career readiness but relied on outdated, manual scheduling systems. These scheduling systems consumed hundreds of staff hours, reinforced inequities in advanced coursework access, and lacked strategic use of data. The COVID-19 pandemic exposed and intensified these inefficiencies, creating urgency for more flexible, equitable, and recovery-focused scheduling approaches. SOLUTIONS PPS adopted Abl’s Academic Schedule Optimizer and Educational Opportunity Analysis (now Integrated Insights by BetterLesson) to transform both scheduling and strategic planning.
These tools helped:
- Visualize how schedules impact students and staff.
- Identify inequities in course access.
- Predict college/career readiness using AIM (Academic Intensity Measure).
- Support site-level goal setting and coaching.
- Empower counselors to proactively enroll students in advanced coursework.
Together, these solutions enabled the district to turn data into decisions, streamline scheduling, and target interventions to close opportunity gaps.
BETTERLESSON
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
GETTING TO KNOW BLING BETTER
How do you envision your product creating a positive impact on individuals, businesses, or society as a whole?
PAIN
Bling is a super app that improves financial literacy for families, particularly children and young people.
Bling helps families stay organized and financially literate, while empowering kids to build independence, financial responsibility, and actively participate in daily family life.
Kids shop online earlier than ever–parents feel unprepared to guide financial habits and schools provide limited financial literacy.
Nils Feigenwinter
What metrics or key performance indicators (KPIs) do you track or plan to track to measure the impact of your product?
CEO
Financial Literacy
SOLUTIoN
Focus
Key KPIs: 1. Retention Rates 2. Paying Rates, including: Average Paying Rate and Weekly Active Paying Family Rate
2021
FOUNDED
Bling provides a prepaid card, real-time tracking, and built-in financial education to help families build healthy money habits.
Nils Feigenwinter andLeon Stephan
CO-FOUNDERS
NOTABLE CO-INVESTORS
General Catalyst and Peak Capital
What metrics or key performance indicators (KPIs) do you track or plan to track to measure the impact of your product?
At inception, Bling established an education board of finance and education experts to ensure the best possible empowerment for our users.
SCALE
1 m+
350 k+
CASE STUDY
APP DOWNLOADS
FAMILIES
“Dad, I Feel So Cool” – Bling Redefines Kids’ Financial Education
BLING
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
167
600 k+
2.5 m+
Brisk Teaching is an AI-powered browser extension that helps teachers automate their workload.
COUNTRIES
STUDENTS
USERS
Teacher burnout and shortages are an existential threat to schools.
Arman Jaffer
CEO
ACCESS
K-12 Teacher Tool
SOLUTIoN
Focus
60+
LANGUAGES
FOUNDED
2023
Brisk automates workload to save time on feedback, content development, assessment, and differentiation, lightening teacher workload and giving them time for themselves and their students.
Arman Jaffer
FOUNDER
NOTABLE CO-INVESTORS
Bessemer Venture Partners
OUTCOMES
10 hrs
Average returned time per teacher.
9.8 m
Teacher hours saved.
Won 1st Place for Most Innovative Startup at ASU+GSV Summit
Launched Microsoft integration
OWL VENTURES INVESTMENT
2025
2025
2024
BRISK TEACHING
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
CASE STUDY
BARBERS HILL ISD SCALES THOUGHTFUL AI ADOPTION DISTRICT-WIDE
CHALLENGE Barbers Hill ISD sought to introduce AI tools that would enhance teaching while seamlessly fitting into instructional routines. With nearly 8,000 students and over 600 teachers across eight campuses, the district needed a simple, unobtrusive solution that could make a real, lasting impact. SOLUTIONS The district implemented Brisk through a phased approach that prioritized engagement with both teachers and the community. Brisk’s seamless integration with Google Workspace allowed for educators’ tools like Google Docs, Slides, and YouTube to be used without disruption or platform fatigue. Educators used Brisk to improve and streamline instruction, feedback, and support for multilingual learners.
RESULTS Brisk enabled broader teacher adoption of AI, making inroads even with hesitant educators. Teachers reported increased efficiency and instructional support, while improving student engagement across the board. AI became a trusted instructional ally, not a distraction.
“Brisk has streamlined my workflow tremendously. I can now focus more on actual teaching and less on managing technology or finding tutorial content for my students. The data analytics feature has given me unprecedented insights into each student's progress, allowing me to provide timely, targeted support.” – Kristy Francis, 8th grade Curriculum and Instruction Team Lead.
“Some of those who were resistant to AI are now taking the charge. Brisk is empowering teachers who are sometimes more hesitant to try some of the hard things… It's making them feel so comfortable that they're able to use it in their classroom and then also teach other teachers about it. I think it just shines the value of how easy it is to use and how it's making them feel empowered.” – Brianne Brandt, a Technology Integration Coach.
BRISK TEACHING
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
455
11.7 k+
412.5 k+
Derivita is an AI-powered math and assessment engine that enables any LMS to support high-quality, rigorous math instruction at scale.
INSTITUTIONS
EDUCATORS
Students
US students continue to underperform in math because teachers lack tools to scale high-quality instruction.
Devlin Daley
CEO
ACCESS
US K-12 Education
SOLUTIoN
Focus
2017
FOUNDED
42%
Derivita embeds AI-powered math content, tools, and analytics seamlessly in the LMS—enhancing the existing instructional workflow.
Devlin Daley and Ryan Brown
CO-FOUNDERS
FREE REDUCED LUNCH
NOTABLE CO-INVESTORS
Reach Capital and Valhalla Foundation
OUTCOMES
>18%
Point gains in Algebra I test scores.
344 k+
Teacher hours saved by auto-grading 62M questions.
Announced strategic integration with Texas Instruments
Announced AI-Powered Predictive Impact Analytics
Built Professional Learning Community (PLC) support into product
OWL VENTURES INVESTMENT
2025
2025
2024
2025
DERIVITA
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
CASE STUDY
SCALING MATH ACHIEVEMENT FROM CLASSROOM AND SCHOOL TO DISTRICT AND STATE WITH DERIVITA
CHALLENGE Districts across Utah faced the dual challenge of improving math outcomes while navigating tight budgets and fragmented edtech ecosystems. Educators needed a way to deliver rigorous instruction, personalized feedback, and real-time insights—without adding platform fatigue or administrative burden. SOLUTIONS Utah leveraged Derivita, a math platform approved by the Utah Education Network (UEN) and the Utah STEM Action Center. Derivita directly integrates into existing LMS platforms, enabling teachers to deliver standards-aligned instruction, streamline grading, and track student progress—all from within the tools they already use.
RESULTS Since 2021, usage has grown more than 365%, spanning over 190 schools and more than 80% of Utah districts—from large urban systems to small rural communities. Derivita helped schools improve Median Growth Percentile (MGP)—a key equity-aligned metric:
- In a high-need Title I middle school, MGP rose from 33 to 42 and proficiency from 25.3% to 28.8%.
- In a large, high-performing high school, MGP jumped from 55 to 71, and proficiency from 27.5% to 38.5%.
Utah’s standout performance on the 2024 National Assessment of Educational Progress (NAEP) provides important context for Derivita’s statewide growth:
- Utah scored 10 points above the national average in 8th-grade math.
- 35% of students performed at or above the NAEP Proficient level (vs. 28% nationally).
- 70% reached Basic or above (vs. 59% nationally).
- Utah was one of the few states with no statistically significant post-pandemic learning loss.
DERIVITA
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
GETTING TO KNOW DEWEYLEARN BETTER
How do you envision your product creating a positive impact on individuals, businesses, or society as a whole?
PAIN
DeweyLearn leverages multimodal AI to enhance the learning experience and impact through instructional feedback and student learning analysis.
DeweyLearn strengthens the feedback loop between learners and educators, making it easier to generate actionable insights that drive deeper understanding, engagement, and learning outcomes.
Physical and online learning environments generate rich data about instruction and students, but missed key insights often limit feedback and learning impact.
Luyen Chou
Can you share any early feedback or testimonials from users/customers who have experienced the impact of your product?
CEO
Educators describe DeweyLearn as “powerful,” “transformative,” and “beyond what human teachers can do.” Early users highlight its ability to deliver authentic, actionable insights that strengthen teaching practice and student learning.
K-12 Learning Analytics
SOLUTIoN
Focus
2024
FOUNDED
DeweyLearn analyzes multimodal data against rubrics, providing precise, actionable feedback that improves teaching effectiveness and student learning across environments.
Luyen Chou and Dirk Liebich
CO-FOUNDERS
Have you tested your product in real-world settings? What insights or outcomes emerged from that experience?
NOTABLE CO-INVESTORS
Array Education, Banyan Seed Ventures, and Triumph Higher Education
Real-world pilots have shown that co-developing rubrics and prompts with customers ensures AI insights reflect authentic learning environments.
With Meteor Education, DeweyLearn integrated multimodal AI into K–12 learning space design, enhancing instructional practice and student engagement. READ MORE.
With Meteor Education, DeweyLearn integrated multimodal AI into K–12 learning space design, enhancing instructional practice and student engagement. READ MORE.
DEWEYLEARN
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
GETTING TO KNOW FIVEABLE BETTER
How do you envision your product creating a positive impact on individuals, businesses, or society as a whole?
PAIN
Fiveable helps every student feel confident and prepared for their next test.
Students who are more confident in their academic abilities will strive for more academic and professional success, which will open doors for more equitable opportunities.
Students are overwhelmed by how much content they must study.
Amanda DoAmaral
CEO
What metrics or key performance indicators (KPIs) do you track or plan to track to measure the impact of your product?
SOLUTIoN
K-12 and Higher Education
Focus
Fiveable measures shifts in student confidence from first use to exam day, alongside score gains. Students using Fiveable achieved 2x higher AP scores.
2018
FOUNDED
Fiveable simplifies what students must know with organized, easy-to-read study guides.
NOTABLE CO-INVESTORS
USV, BBG, Metrodora, and Serena Ventures
What steps have you taken to ensure that your product is accessible and inclusive, considering factors like affordability, usability, and addressing diverse user needs?
Fiveable is accessible in UX/UI for reading, content is inclusive of diverse perspectives, and it is a low-cost product with financial aid options.
SCALE
12 m+
How do you ensure that your product aligns with educational standards and curriculum requirements?
Students
Fiveable is aligned to college board course descriptions, standard learning objectives, and popular textbooks.
FIVEABLE
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
GETTING TO KNOW Futre BETTER
How do you envision your product creating a positive impact on individuals, businesses, or society as a whole?
PAIN
Futre is a research-aligned technology platform that empowers people ages 15 to 25 to launch fulfilling lives with the aid of personalized, data-driven insights.
Futre guides teens and young adults through 800+ career pathways, opening routes to high-paying, degree-free jobs. By helping them build purposeful lives, Futre strengthens communities and drives economic growth.
Young people lack structured and readily available career guidance from an early age, which impacts their future careers.
Diane Tavenner
CEO
Have you tested your product in real-world settings? What insights or outcomes emerged from that experience?
K-12 & Workforce Development
SOLUTIoN
Focus
2023
FOUNDED
Futre has been tested across 8 states and dozens of schools, with user feedback guiding ongoing development. The key insight: strong demand for data that is presentable, trustworthy, and easy to understand.
Futre translates real-world, data-backed insights into careers and educational pathways, allowing for informed decisions about students’ futures.
Cindy Wang and Diane Tavenner
FOUNDER
NOTABLE CO-INVESTORS
GSV, CSGF, Cambiar, and Learner Studio
How do you ensure your product is accessible, inclusive, and aligned with educational standards and curriculum requirements?
Futre constantly tests with disadvantaged students and those with special needs, incorporating feedback, while formal advisor Dr. David Yeager ensures alignment with learning science, educational standards, and curriculum requirements.
FUTRE
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
189
25 m+
42 m+
Genially is a tool for creating interactive, and animated content and incredible communication experiences easily and quickly in corporate and educational contexts.
COUNTRIES
STUDENTS
USERS
Interactive and engaging content that stimulates critical thinking and connects teachers with students is crucial to generate, yet difficult and expensive.
JUAN RUBIO
CEO
OUTCOMES
SOLUTIoN
Corporate Learning
Higher Education (HED)
K12
Focus
8 m+
37 m+
Created by professionals
Educators have created 5+ gamified digital resources.
Genially offers an all-in-one solution with endless possibilities, making interactive content creation fun, simple, and accessible.
2015
FOUNDED
Juan Rubio, Chema Roldán, and Luis García
CO-FOUNDERS
NOTABLE CO-INVESTORS
645 Vetures, JME Ventures, MOC, FJ Lab, and GP Bullhound
Launched interviews focused on eLearning & EdTech
Achieved SOC 2 Type II certification
Recognized in DELOITTE TECHNOLOGY FAST 50 PROGRAMME
CASE STUDY
Key Awards
OWL VENTURES INVESTMENT
How one of the leading universities in Latin America revolutionized its digital learning ecosystem with Genially
2023-24
2025
2021
2025
2025
GENIALLY
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
6.75 m+
Greenlight is the #1 family finance and safety app, helping families manage money and stay safe with tools for all ages.
USERS
Families need a better way to manage money—teaching kids and supporting aging parents with financial oversight and safety.
TIM SHEEHAN
OUTCOMES
CEO
$135 m+
Invested by Greenlight families.
$785 m+
Saved by Greenlight kids and teens.
Family Financial Services
Focus
SOLUTIoN
FOUNDED
2014
Greenlight provides families with tools to manage money, offering oversight, education, and safety features for kids and seniors.
Tim Sheehan and Johnson Cook
CO-FOUNDERS
CASE STUDY
NOTABLE CO-INVESTORS
Andreessen Horowitz, JPMorgan Chase, Wells Fargo Strategic Capital
Greenlight Builds Financial Skills That Last
Greenlight’s national financial attitudes survey revealed that financial stress begins as early as age 14, with 91% of kids and teens and 94% of parents agreeing that financial skills are essential to achieving life goals. With empowerment through financial literacy at its core, Greenlight developed Level Up, a curriculum-based financial literacy game. Kids who complete Level Up save 40% more, are over 3x more likely to set savings goals, and more than 2x more likely to invest.
Launched core K–12 financial learning tools
Launched In-app AI education chat assistant
Partnered with U.S. Bank
OWL VENTURES INVESTMENT
Launched Family Shield
2023
2024
2021
2025
2025
GREENLIGHT
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
6 k+
20 k+
5.5 m+
Hazel Health is the largest and most trusted provider of school-based telehealth services in the United States.
SCHOOLS
EDUCATORS
Students
The lack of equal access to pediatric healthcare significantly contributes to disparities in educational outcomes.
Iyah Romm
CEO
ACCESS
64%
64%
K-12 Student Literacy
SOLUTIoN
Focus
TITLE I SCHOOLS
FREE REDUCED LUNCH
2015
FOUNDED
Hazel Health transforms schools into an accessible front door to pediatric healthcare so all students have the opportunity to thrive.
Nick Woods andDr. Rob Darzynkiewic
CO-FOUNDERS
52%
NOTABLE CO-INVESTORS
Tao Capital, Bain Capital,and Fiore Ventures
STUDENTS OF COLOR
OUTCOMES
Named in Fast Company’s Most Innovative Companies
Partnered with United Healthcare
Released Third-party analysis of outcomes
80%
Hazel students complete treatment plans, compared to 40% in traditional outpatient settings.
40%
Children with behavioral health needs in Hazel districts that receive care, 2x the national rate.
Announced state-sponsored deals
OWL VENTURES INVESTMENT
2023
2024
2019
2024
2024-25
HAZEL HEALTH
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
CASE STUDY
Duval County Public Schools: Expanding Access to Mental Health Through Telehealth
Duval County Public Schools (DCPS) is the 6th largest district in Florida, serving 128K+ students, 53% of whom are economically disadvantaged. CHALLENGE In recent years, particularly following the COVID-19 pandemic, many DCPS students have turned to unreliable sources like AI chatbots or social media for physical and mental health support. This highlighted a critical gap in accessible, high-quality mental health care. DCPS recognized the need for an innovative, scalable, stigma-free, and accessible solution to address absenteeism, behavioral incidents, and high-acuity student needs.
SOLUTION DCPS embedded Hazel Health’s teletherapy into its multi-tiered system of support (MTSS), ensuring in-school and at-home access to licensed providers.Services prioritized:
- Students in alternative and virtual schools
- Rapid crisis response with 24/7 hotline and suicide risk assessment
- Seamless integration with school-based and community providers
- Privacy and flexibility for families
RESULTS BEHAVIOR
- 52% reduction in incidents post-therapy
- 45% fewer incidents compared to peers
- 21% drop in severe cases (3+ referrals in 100 days)
ATTENDANCE
- 46% moved from chronic absence to satisfactory/at risk
- 20% less likely to remain chronically absent vs peers
- 41% reduction in absences after therapy
“The innovation of telehealth allows students to access care through a channel where they were already seeking care—online. It provided them access to safe, clinically-proven care from a diverse team of licensed professionals.” - Katrina Director of Bevahioral Health, DCPS
HAZEL HEALTH
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
433
19.6 k+
Ignite Reading delivers one-to-one virtual tutoring that teaches students the foundational reading skills they need to become confident, fluent readers.
SCHOOLS
Students
67% of 4th graders are not proficient readers. The root cause is foundational reading skills— which require differentiated instruction.
Jessica Sliwerski
CEO
ACCESS
75%
100%
Literacy
SOLUTIoN
Focus
STUDENTS OF COLOR
FREE REDUCED LUNCH
2020
FOUNDED
Ignite Reading’s one-to-one foundational reading skills tutoring gives students differentiated instruction needed to become fluent readers.
Jessica Sliwerski and Evan Marwell
CO-FOUNDERS
30%
18%
NOTABLE CO-INVESTORS
Rethink Capital, Goldman Sachs Impact Fund, Emerson Collective, and College Board
ENGLISH LANGUAGE LEARNERS
Students with IEP or 504 Plans
OUTCOMES
Awarded Newsweek Certification as a Most Loved Workplace®
Launched the Ignite Reading Platform
76%
Students closed grade 1 reading gaps in less than 9 months.
89%
Students closed kindergarten reading gaps in less than 9 months.
Launched Virginia Program
Expanded to 22 states
OWL VENTURES INVESTMENT
2023
2024
2024
2025
2025
IGNITE READING
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
CASE STUDY
BOOSTING FIRST-GRADE LITERACY WITH VIRTUAL TUTORING: THE IMPACT OF IGNITE READING IN MASSACHUSETTS
Massachusetts districts have faced persistent early literacy gaps, especially in schools with high concentrations of students in poverty. Schools struggled to deliver differentiated, data-driven support for struggling readers, with individualized instruction limited by capacity constraints. Districts needed a scalable, high-impact solution that could incorporate the Multi-Tiered Systems of Support (MTSS) framework. In the 2023–24 school year, 13 Massachusetts school districts utilized Ignite Reading to deliver 1:1 virtual tutoring to 1,800+ first-graders. The program used progress-monitoring data, foundational skills instruction, and structured protocols grounded in Science of Reading principles.
An independent evaluation by Johns Hopkins University showed significant literacy gains across all student groups, particularly among Black students and English learners. These results highlighted Ignite Reading’s effectiveness as a tool for closing early literacy gaps. Ignite Reading students saw:
- +1.19 SD average effect size across all students, compared to national norms
- 5.4 months of additional learning on average
- Students at benchmark increased from 16% to 50%
- Students needing intensive intervention decreased from 64% to 28%
- Students with over 85% attendance gained +1.22 SD, showing stronger growth
“As a principal, I appreciate the training our Ignite tutors receive, the precision and consistency in which the program is executed, and the responsiveness of the Ignite Administrative Team if any issues arise. I also appreciate the intelligence of the Ignite (literacy specialist) when it comes to analyzing data and making connections to barriers that students may be encountering so we can address them in a timely manner.” – School principal
IGNITE READING
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
OUTCOMES
78%
92%
Schools that tried Jotit extended or expanded their activity in the 2024-25 school year.
Students that reported significant improvement in organization with Jotit.
PAIN
Jotit brings handwriting and annotation back to the forefront of education in the digital age.
Handwriting and digital learning are disconnected in the modern classroom.
David Bleicher
CEO
CASE STUDY
Classroom Tools
SOLUTIoN
Focus
2022
FOUNDED
Jotit transforms any Chromebook or tablet into an intelligent hub, combining the natural flow of handwriting with AI-powered feedback and seamless organization.
Handwriting Meets High Tech
Yuval Chomski, Dr Aric Katz, and David Bleicher
CO-FOUNDERS
David Bleicher joins Edtech Insiders to share Jotit’s mission: blending handwriting, AI, and multimodal tools to enhance learning, empower teachers, and redefine digital classrooms.
NOTABLE CO-INVESTORS
Two Lanterns VC, Good Company VC, Dr Kadar, and MindCET Capital
Selected for Google for StartUps Growth Academy
Launched Canvas LMS and iPad iOS versions
Expanded US presence
OWL VENTURES INVESTMENT
2025
2025
2024
2025
JOTIT
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
15 k+
Kiddom is the first Learning Intelligence Technology streamlining teaching and learning to ensure it stays rich, rigorous, and human.
SCHOOLS &DISTRICTS
Educators lack aligned, reactive, outcome-driven curricula, resulting in wasted time creating materials that inadequately serve students.
Ahsan Rizvi
CEO
ACCESS
46%
45%
K-12 Classroom OS
SOLUTIoN
Focus
TITLE I SCHOOLS
FREE REDUCED LUNCH
2015
FOUNDED
Kiddom delivers high-quality instructional materials (HQIM) with Learning Intelligence Technology to enable effective planning, delivery, and reporting.
Ahsan Rizvi and Abbas Manjee
CO-FOUNDERS
47%
NOTABLE CO-INVESTORS
Khosla Ventures, A-Street, and Altos Ventures
STUDENTS OF COLOR
OUTCOMES
Launched agentic features for HQIM
Launched AI-enabled curriculum
Approved for NYC Reads curriculum mandate
8%
Increase in ELA proficiency across Grades 3-8 post-adoption.
9%
Proficiency increase across all high school Integrated Math courses.
OWL VENTURES INVESTMENT
Introduced AI Features
2024
2017
2025
2025
2025
KIDDOM
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
CASE STUDY
Significant ELA Gains in Robeson County with EL Education Powered by Kiddom
ELA Proficiency Growth for Economically Disadvantaged Students, Grades 3–5
CHALLENGE Robeson County Schools, a rural North Carolina district serving ~21K students across 37 schools, needed to improve ELA outcomes for all students while ensuring equitable access to high-quality instructional resources. Nearly 90% of students identify as a racial/ethnic minority, and 68% qualify for free or reduced lunch; the district faced systemic challenges in literacy achievement. SOLUTIONS For the 2022–23 school year, the district implemented EL Education Powered by Kiddom across all schools. Kiddom’s platform enhanced usability for teachers of all experience levels, enabling evidence-based curriculum delivery with fidelity and confidence.
RESULTS Economically disadvantaged students in Grades 3-5 saw notable ELA gains following full adoption, with proficiency increases ranging from 5.8% to 6.5% across all three grades. These gains demonstrate meaningful academic growth among traditionally underserved students and highlight Kiddom’s ability to increase access and impact for all learners.
24.1
+ 5.8%
GRADE 3
29.9
25.1
+ 6.5%
GRADE 4
31.6
16.6
+ 6.5%
GRADE 5
23.1
24
16
32
PERCENT PROFICIENT
2021-22 SY (PRE-ADOPTION) 2023-24 SY (FULL ADOPTION
KIDDOM
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
70 k+
500 k+
55 m+
Lele Academy began in 2014, providing equal access to quality education resources for Pre K-12 students in China via an online platform.
SCHOOLS
EDUCATORS
Students
There is significant inequality in China's education system, with a highly imbalanced distribution of educational resources.
YING MARVIN MAO
CEO
ACCESS
PreK-12 Content and Service Platform
SOLUTIoN
Focus
40%
By using data-driven, structured, and high-quality content, we ensure that children have equal access to better educational resources.
FOUNDED
2014
English Language Learners
Dalun Xu and Ying Marvin Mao
CO-FOUNDERS
NOTABLE CO-INVESTORS
New Oriental Education & Technology Group, 5Y Capital (Morningside Capital)
OUTCOMES
10%
95%
Lele students improved their exam scores
Average grade improvement
Launched AI application
Expanded to the Lele Study Tablet
Started Lele Online Academy
OWL VENTURES INVESTMENT
2020
2022
2024
2018
LELE KETANG
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
5.5 k+
16.8 k+
886 k+
Letrus is an educational program dedicated to improving literacy and language development.
SCHOOLS
EDUCATORS
Students
Students have low engagement and low performance in reading and writing tasks.
Thiago Rached
CEO
OUTCOMES
Education
Focus
5 m+
Essays have been completed on Letrus
9%
Reduction in the performance gap between public and private schools
SOLUTIoN
2014
FOUNDED
Letrus offers a program for schools that use AI and language knowledge to improve students' reading and writing skills.
Thiago Rached and Luis Junqueira
CO-FOUNDERS
NOTABLE CO-INVESTORS
Potencia, Canary, Península, IDB, and Lemann Foundation
CASE STUDY
Espírito Santo Tops ENEM Writing with Letrus AI
Granted funds by Inter-American Development Bank
Partnered with states of Goiás and Matos
Partnered with cities of Rio de Janeiro and Joinville
OWL VENTURES INVESTMENT
Espírito Santo used Letrus’ AI writing platform to support public school students, becoming Brazil’s top state on the ENEM essay. The program’s success sparked adoption in other states, as Letrus scaled writing instruction and improved learning outcomes nationwide.
2024
2025
2025
2024
LETRUS
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
180+
10.8 k+
520 k+
LingoAce is a multi-subject online tutoring provider offering Chinese Mandarin, English, math, and music courses worldwide to children aged 3-15.
COUNTRIES
EDUCATORS
Students
Young learners have limited access to high-quality supplemental education with professional tutors and authentic, interactive curriculum.
Hugh Yao
CEO
ACCESS
OUTCOMES
20%
20 m+
Classes taught worldwide.
Online Tutoring
SOLUTIoN
Focus
ENGLISH LANGUAGE LEARNERS
2017
FOUNDED
LingoAce harnesses research-backed human-led digital content to deliver high-quality, authentic learning experiences.
Hugh Yao
FOUNDER
NOTABLE CO-INVESTORS
Peak XV Partners, Tiger Global, and Shunwei Capital
CASE STUDY
LingoAce launched Ace Academy Learning Centers
LingoAce debuted its in-classroom learning model with Ace Academy, building on the success of its first Singapore location—nearly 2,000 students enrolled since 2021—with the new San Jose Center in California and Scarsdale Center in New York.
Partnered with Peking University
Expanded Blended Learning
Won the EdTechX Asia Pacific Awards
OWL VENTURES INVESTMENT
2024
2025
2025
2021
LINGOACE
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
GETTING TO KNOW LINUS BETTER
How do you envision your product creating a positive impact on individuals, businesses, or society as a whole?
PAIN
Linus is bringing standardized test prep into the 21st century.
Standardized test prep is outdated, requiring scheduled tutors, physical books, and excessive upfront costs with no score improvement guarantee.
Standardized tests are some of the most important moments in students’ lives. Linus levels the playing field in this critically important category.
Niko Vuori
CEO
How do you address the issue of accessibility and inclusivity in your edtech product, particularly for students from disadvantaged backgrounds or with special needs?
Test Prep
SOLUTIoN
Focus
2024
FOUNDED
Linus, a fully digital test prep solution, incorporates best-in-class engagement features from gaming and personalized AI tutoring.
Access to standardized test prep is gated behind a minimum of hundreds of upfront dollars, with no guarantee of success. Linus is 100% free, with a fair upsell into the premium version.
Niko Vuori and Cory Johnson
CO-FOUNDERS
How do you ensure that your product aligns with educational standards and curriculum requirements?
SCALE
Linus is the first test prep product to embrace the digital SAT curriculum. Built from the ground up to match the needs of students, Linus is hyper-targeted and 100% personalized.
20
40 k+
COUNTRIES
Students
LINUS
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
112 k+
4 m+
47.3 m+
Newsela’s learning science-aligned solutions help teachers engage every learner – from building knowledge and skills to supporting daily instruction and assessment.
SCHOOLS
EDUCATORS
Students
Newsela’s learning science-aligned solutions help teachers engage every learner – from building knowledge and skills to supporting daily instruction and assessment.
Pep Carrera
CEO
ACCESS
53%
51%
SOLUTIoN
Building Literary Skills and Knowledge
Focus
TITLE I SCHOOLS
FREE REDUCED LUNCH
Newsela products help educators teach skill-building strategies in the context of curriculum-relevant texts to build students’ foundational knowledge.
FOUNDED
2013
62%
Matthew Gross and Dan Cogan-Drew
CO-FOUNDERS
STUDENTS OF COLOR
NOTABLE CO-INVESTORS
TCV, Kleiner Perkins, and Franklin Templeton
OUTCOMES
Awarded Research-Based Design Product Certification
Acquired Generation Genius
~3
Percentile ELA gains for students using digital texts via Newsela.
24%
Greater reading gains for 8th graders using Newsela ELA.
Launched Newsela Writing
Acquired Formative
OWL VENTURES INVESTMENT
2020
2023
2024
2014
2025
NEWSELA
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
CASE STUDY
How East Orange School District Filled Gaps in Core Curriculum and Engaged Students With Newsela Social Studies
East Orange School District (EOSD) is a diverse, suburban K-12 district in New Jersey. When district leaders were evaluating needs for resources across subjects, they identified a lack of content for social studies. CHALLENGE The district sought to improve student engagement and academic achievement by moving toward a curriculum that represents diverse perspectives and current events. SOLUTIONS East Orange partnered with Newsela to integrate authentic, accessible, and standards-aligned content across middle and high school classrooms. The platform allowed educators to:
- Select differentiated, real-world texts that aligned with instructional goals
- Incorporate current events into lessons
- Promote student agency and voice in the classroom
RESULTS Teachers and students have embraced Newsela Social Studies as an engaging tool to build knowledge and skills. With its success in social studies, East Orange ELA teachers also began using Newsela ELA in their classrooms. In total, more than 9,000 students and over 650 teachers at EOSD have used Newsela’s products. Students demonstrated increased engagement and participation
- Teachers reported greater flexibility and relevance in lesson planning
- The district created a more equitable and inclusive learning experience tied to civic understanding and cultural responsiveness
“With Newsela Social Studies, I no longer hear complaints [about curricular gaps] from teachers. They're able to find the content needed to engage students and differentiate the texts so they can have rich conversations.” — Paulette Salomon, Director of Teaching and Learning and Innovative Projects, EOSD
NEWSELA
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
52
900 k+
Novakid is the English academy for children of the future, offering online school and apps to enable students to learn English anytime, anywhere.
COUNTRIES
Students
Mastering English as a second language can be difficult without personalised guidance and stimulating resources to maintain student motivation.
Max Azarov
CEO
OUTCOMES
96%
Users improve their English in 6 months.
94%
Novakid students that passed their summative assessment by the second attempt.
Language Learning
SOLUTIoN
Focus
2017
FOUNDED
Novakid is transforming English learning through one-to-one live tutoring, group speaking practice, self-learning apps, interactive games, and AI tutoring.
Max Azarov and Dmitry Malin
CO-FOUNDERS
NOTABLE CO-INVESTORS
Goodwater Capital, PortfoLion, and LETA Capital
CASE STUDY
Novakid focuses on making screen time purposeful, offering native-speaker-led classes that strengthen English skills and confidence in children aged four to twelve.
Launched group speaking practice lessons
Key RecognitionS
Acquired Lingumi
Launched AI Tutor
OWL VENTURES INVESTMENT
Explore Novakid’s Recent Surveys:- The effects of screen time on children
- State of English Education in Public Schools
2023-25
2024
2024
2021
2025
NOVAKID
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
81 k+
679 k+
33 m+
Panorama Education delivers secure, AI‑powered tools and insights to improve student outcomes across academics, attendance, behavior, graduation, and well‑being.
SCHOOLS
EDUCATORS
Students
Districts face rising student needs—absenteeism, declining performance, navigating an AI-driven future—while juggling siloed tools that hinder support.
Aaron Feuer
CEO
ACCESS
59%
53%
K-12 Education
SOLUTIoN
Focus
STUDENTS OF COLOR
FREE REDUCED LUNCH
2012
FOUNDED
Panorama unifies data, surfaces root causes, and guides action so educators can improve outcomes for every student.
Aaron Feuer and Xan Tanner
CO-FOUNDERS
18%
NOTABLE CO-INVESTORS
Spark Capital, Emerson Collective, CZI, Google Ventures, and General Atlantic
ENGLISH LANGUAGE LEARNERS
OUTCOMES
Published research study on the State of Chronic Absenteeism
15–17%
Gains in ELA scores at Upland Unified School District.
8%
Reduction in student absences at Racine Unified School District.
Launched Panorama Solara
OWL VENTURES INVESTMENT
Acquired Class Companion
KEY HIRES
2020-25
2023
2024
2015
2025
PANORAMA EDUCATION
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
CASE STUDY
How West Carrollton Uses Secure AI to Auto-Fill 90 Reading State Plans Per Teacher—and Reclaim Time for Instruction
West Carrollton City Schools in Ohio partnered with Panorama Education to improve school climate, student engagement, and overall well-being through a data-informed approach. CHALLENGE The district sought to better understand and address students’ social-emotional learning (SEL) needs, improve attendance, and create a more inclusive and supportive school environment. They needed a way to gather actionable feedback from students, families, and staff to guide improvement efforts. SOLUTIONS Using Panorama’s survey tools and data dashboards, the district collected insights on SEL, engagement, and school climate. Educators used these insights to shape targeted interventions, professional development, and school-wide initiatives, fostering a culture of continuous improvement.
RESULTS West Carrollton improved attendance, reduced chronic absenteeism, and saw stronger SEL outcomes. Teachers reported greater student engagement, and families noted clearer communication and support. The district also streamlined behavior documentation, improved compliance, delivered secure, standards-aligned lesson plans, and fostered more intentional AI use.
- 4–5 admin hours saved per quarter through auto-filled state reports
- Up to 90 RIMPs auto-filled, easing teacher workload at back-to-school
The district will continue leveraging Panorama’s data to track progress, expand SEL, and ensure every student is supported academically, socially, and emotionally.
“Solara saves so much time for the teacher. There’s a fine line between meaningful and menial work,” Julie reflected. “We have to keep thinking, creating, and connecting as professionals. But if AI can help us do that by taking care of the repetitive tasks, we should let it—responsibly.” – Julie Jones, former Curriculum Director, West Carrollton City School
PANORAMA EDUCATION
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
38 k+
20 m+
ParentSquare is an AI-powered unified platform enabling districts, schools, and teachers to effectively communicate and engage with families and students.
SCHOOLS
Students
Fragmented school-home communications burden districts and exclude multilingual families, limiting parent engagement and student success.
Sohit Wadhwa
CEO
ACCESS
Family Engagement and School–Home Communications
SOLUTIoN
Focus
134
ParentSquare centralizes communication, forms, attendance, and payments into one multilingual platform, enabling equitable, two-way engagement that strengthens family connections and improves student success.
LANGUAGES
2011
FOUNDED
Anupama Vaid and Sohit Wadhwa
CO-FOUNDERS
NOTABLE CO-INVESTORS
Serent Capital and Arc Capital Development
OUTCOMES
99.6%
Contactability achieved for school-home communication in a district in Texas.
$165 k
Saved annually by digitizing absenteeism notices in a district in Arizona.
PARENTSQUARE
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
CASE STUDY
Taunton Public Schools Meets a Diverse Community with Modern Communication
Taunton Public Schools (TPS) in Massachusetts serves a diverse student body where more than 20% speak a language other than English. The district needed an inclusive, modern communication solution to connect families and schools. CHALLENGE TPS struggled to reach its multilingual families. Inconsistent methods left gaps in safety updates, academic information, and engagement opportunities. SOLUTIONS TPS adopted ParentSquare as its all-in-one communication platform. By consolidating outreach into one consistent system, the district made it easier for principals, teachers, and staff to reach families in their home languages and strengthen relationships across the community.
RESULTS With ParentSquare, TPS has transformed family communication and is seeing measurable impact across the district:
- Reached 99% contactability across 8,400 students, with two schools already at 100%
- District leaders are now driving toward 100% contactability systemwide
- Built stronger trust with families across the community
- Improved access for multilingual households
- Ensured important messages reach every parent quickly and reliably
TPS continues working toward 100% contactability and plans to deepen its use of ParentSquare to foster equity, strengthen family partnerships, and support student success across its diverse community.
PARENTSQUARE
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
90
1.8 m+
68 m+
SplashLearn creates engaging learning experiences to improve children’s attitude toward learning and enhance learning outcomes.
COUNTRIES
EDUCATORS
Students
Children lose their curiosity and enthusiasm to learn subjects like math and English at a very early stage.
Arpit Jain
CEO
ACCESS
62%
51%
Preschool to Grade 5 Learning
SOLUTIoN
Focus
TITLE I SCHOOLS
FREE REDUCED LUNCH
2010
FOUNDED
SplashLearn’s game-based learning program turns learning into an engaging experience that augments the child's desire to learn.
Arpit Jain, Umang Jain, Mayank Jain & Joy Deep Nath
CO-FOUNDERS
57%
50%
NOTABLE CO-INVESTORS
Accel Partners
ENGLISH LANGUAGE LEARNERS
STUDENTS OF COLOR
OUTCOMES
12.5 m+
Minutes of live learning delivered through SplashLearn classes.
150 m+
Skills Mastered in Math and English by students on SplashLearn during the 2024-2025 School Year.
Met ESSA Level III evidence
OWL VENTURES INVESTMENT
KEY PARTNERSHIPS
KEY AWARDS
2022-24
2024
2025
2021
SPLASHLEARN
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
CASE STUDY
FROM FALLING BEHIND TO FLYING AHEAD WITH SPLASHLEARN
Different Needs, Same Program
SplashLearn caters to the needs of all types of learners – whether they’re struggling to keep up or hungry for a bigger challenge. Here is a tale of two learners — one anxious, one unchallenged. Both found their way through SplashLearn.
Lina used the program to move beyond her assigned coursework and dive deeper in math.
Kai started on a regular routine of 4–5 sessions a week. The structure gave him room to build confidence at his own pace.
The balance of structure and autonomy allowed both students to make progress on two very different paths using the same program.
MEET KAI
Meet LINA
Outcomes
Kai’s attitude shifted, and he showed real pride in getting things right. His grades moved from B’s and C’s to A’s, and he made the honor roll by the end of the year.
Lina felt seen and stimulated. She began mentally designing new games and challenges based on what she was learning.
A second grader who was excelling so much that the standard second-grade material had started to feel stale.
A third grader who was struggling with math and needed more individual attention than the classroom could offer.
Both parents turned to SplashLearn, hoping to support their children’s needs.
What makes SplashLearn work isn’t just curriculum alignment or game design. It’s that the program adapts to real kids. For Kai and Lina, the change was not just in scores—but in their relationship with learning. It became something they enjoyed, owned and looked forward to.
* Disclaimer: The names have been changed, but the story remains authentic.
SPLASHLEARN
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
GETTING TO STARBRIDGE BETTER
How do you envision your product creating a positive impact on individuals, businesses, or society as a whole?
PAIN
Starbridge.AI uses AI to analyze RFPs, contracts, and government data, helping education and public-sector partners identify timely funding opportunities.
Selling to schools, higher education institutions, and governments is slow, opaque, and filled with missed partnership opportunities.
Starbridge.AI enables faster partnerships between business and government to unlock innovation, streamline procurement, and tackle society’s toughest challenges with greater efficiency and impact.
Justin Wenig
CEO
Can you share any early feedback or testimonials from users/customers who have experienced the impact of your product?
Education Sales Enablement
SOLUTIoN
Focus
FOUNDED
2024
Starbridge.AI enables faster, smarter public sector sales by surfacing buying signals, automating RFP discovery, and analyzing contract expirations, meeting minutes, and accurate contact data.
Education-sector sales teams have reported faster outreach, higher conversion rates, and stronger pipelines, solidifying Starbridge.AI as a trusted partner for navigating complex, resource-intensive public-school procurement cycles. Hear more here.
Justin Wenig
FOUNDER
Can you share some of the early impact you’ve seen from the product?
- Hapara, an edtech company serving K-12 schools, achieved a 20% higher response rate from targeted outbound campaigns.
- HousingCloud, a student housing management platform, experienced a 30% increase in its RFP discovery rate.
STARBRIDGE.AI
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
624
1.6 k+
58.7 k+
Subject is a learning platform that partners with K-12 school districts to provide engaging credit-bearing courses.
SCHOOLS
EDUCATORS
Students
There is a lack of engaging, equitable access to quality educational programs and materials.
Michael Vilardo
CEO
ACCESS
45%
78%
K-12 Education
SOLUTIoN
Focus
TITLE I SCHOOLS
FREE REDUCED LUNCH
2020
FOUNDED
Subject provides cinematic, standards-aligned, and highly engaging complete middle school and high school courses.
Michael Vilardo and Felix Ruano
CO-FOUNDERS
20%
88%
NOTABLE CO-INVESTORS
Softbank and Kleiner Perkins
ENGLISH LANGUAGE LEARNERS
STUDENTS OF COLOR
OUTCOMES
Launched Multilingual Learning Product
Attained ESSA Level IV Certification
11%
Decrease in chronic absenteeism.
30%
Improvement in 2024 California Science Test scores.
Key Partnerships
Launched AI Platform
OWL VENTURES INVESTMENT
2020-24
2022
2022
2025
2025
SUBJECT
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
CASE STUDY
Claudia’s incredible success story: High School Senior Closes a 60-Credit Gap with Subject
Claudia Rocha, a senior at Parlier High School, began her senior year 60 credits behind the path toward graduation. That would have been an insurmountable obstacle for most students. However, determined to succeed, she turned to Subject’s engaging courses to catch up and steadily rebuild her academic record. In less than a year, Claudia transformed an impossible credit gap into a pathway to graduation, regaining both her progress and her confidence in the future.
SUBJECT
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
6 k+
190 k+
6.1 m+
Swing Education is a technology-enabled staffing marketplace dedicated to connecting substitute teachers with K-12 schools more effectively.
SCHOOLS
EDUCATORS
Students
Teacher shortages leave classrooms understaffed, which disrupts learning and increases costs for districts.
Asha Visweswaran
ACCESS
CEO
42%
31%
Substitute Teacher Staffing
SOLUTIoN
Focus
TITLE I SCHOOLS
FREE REDUCED LUNCH
2015
FOUNDED
Swing connects schools with high-quality substitutes, avoiding costly staffing gaps by ensuring classroom coverage and learning continuity.
Mike Teng and Asha Visweswaran
CO-FOUNDERS
OUTCOMES
NOTABLE CO-INVESTORS
Apax Partners, GV, Social Capital, Kapor Capital, Moment Ventures
99%
Quality score for substitute teachers.
94%
Job fill rate across 6K+ schools.
Introduced AI-powered Platform
Launched New App
Filled 1M+ Substitute days
OWL VENTURES INVESTMENT
Key Awards
CASE STUDY
Transforming special education staffing with maximum fill rates with Swing
2024
2024
2025
2018
2025
SWING EDUCATION
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
3.8 k+
219 k+
2.3 m+
Thunkable is the no-code development platform to create custom, mobile applications for Android, iOS, and the web.
PRE K-12SCHOOLS
EDUCATORS
Students
Mobile application development is often held by a small percentage of technically capable experts.
Arun Saigal
CEO
184+
101 k+
6.2 k+
HIGHER EDinstitutions
No Code, Native Mobile App Development
SOLUTIoN
COUNTRIES
EMPLOYERS
Focus
Thunkable's visual development platform enables students to become hands-on with digital technology creation while instilling key computer science concepts.
2016
FOUNDED
OUTCOMES
Arun Saigal and Weihua Li
CO-FOUNDERS
NOTABLE CO-INVESTORS
Lightspeed Venture Partners, NEA, PJC, SV Angel, Y Combinator, ZhenFund, and Sky9
33%
Students have distributed their apps built on Thunkable.
100%
Students received hands-on learning with coding concepts on Thunkable.
Launched GenAI features and capabilities
Launched Thunkable Organization
Launched integration with OpenAPI GPT
OWL VENTURES INVESTMENT
CASE STUDY
The best Apps built on Thunkable in 2024
2023
2023
2025
2022
THUNKABLE
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
200+
500 k+
ubiMaster democratizes and scales access to human experts and knowledge—starting with tutoring.
EMPLOYERS
BENEFICIARIES
Human-led tutoring is expensive, and B2C-models don’t work.
Jana Krotsch
CEO
OUTCOMES
SOLUTIoN
K-12 Tutoring and Financial Literacy
91%
Employees feel significantly less stressed when their children use ubiMaster.
ubiMaster offers on-demand tutoring and financial literacy solutions as employee benefit or embedded in banking products. Corporates achieve higher employee engagement and customer loyalty, while children can access human tutors.
65%
Children using ubiMaster improved their performance in school.
Focus
FOUNDED
2019
Jana Krotsch and Steffen Krotsch
CO-FOUNDERS
NOTABLE CO-INVESTORS
BayernKapital, Auxxo Female Catalyst Fund, and amberra
Awarded Future Award at Ludwig Erhard Summit
Onboarded 180+ Corporate Customers
Named in HolonIQ’s Europe EdTech 200
OWL VENTURES INVESTMENT
2024
2025
2025
2022
UBIMASTER
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
CASE STUDY
HanseMerkur Enhances Employee Well-Being with ubiMaster
HanseMerkur, one of Germany’s leading insurance providers, is known for combining innovation with tradition. In 2021, the company expanded its commitment to employee satisfaction by introducing a new internal benefit: unlimited access to online tutoring via ubiMaster for employees’ children and company trainees. CHALLENGE As part of its strategy to better support work-life balance, HanseMerkur aimed to reduce the educational pressure many working parents face—particularly the time, cost, and stress associated with academic support at home.
SOLUTION Since November 2021, HanseMerkur’s 1,500+ employees have received free access to ubiMaster’s on-demand tutoring platform. The service covers math, German, English, physics, and chemistry. It’s available seven days a week for students in grades 5-13 and for trainees. With just a tap in the app, students are connected 1:1 with qualified tutors—easing the burden on parents and improving academic support at home. RESULT HanseMerkur has seen above-average registration and usage rates among all corporate customers. Parents note reduced stress at home, more peaceful homework routines, and a strong appreciation for the financial relief of free tutoring. Children report greater confidence in difficult subjects and praise the responsiveness of their tutors.
- 4.2 out of 5-star average satisfaction rating
- 63% of families reported meaningful relief with homework and learning
- 66% said learning is easier or more relaxed since using the platform
- 100% of surveyed users said the platform is easy to use and beneficial
By integrating ubiMaster into its employee benefit program, HanseMerkur has strengthened its culture of appreciation and support. The initiative has proven to be more than a perk—it’s a strategic investment in employee satisfaction, family well-being, and long-term organizational health.
UBIMASTER
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
1.9 m+
54
296
uLesson empowers African students with accessible, high-quality K-12 and university education through cutting-edge technology and forward-thinking learning models.
STUDENTS
COUNTRIES
SCHOOLS
In Africa, high costs, scarce local content, and access limits affordable education.
Simdul Shagaya
OUTCOMES
CEO
SOLUTIoN
10 k+
Students enrolled at Miva University within two years of launch.
25 m+
K-12 lessons watched by learners.
K-12 Student Learning and Tertiary Education
Focus
K–12: A learning app with curriculum-aligned lessons and assessments, and a teacher tools with ready-made lesson plans and assessments. Higher Ed: Miva Open University is Nigeria’s accredited online university offering flexible degrees in high-demand fields.
2019
FOUNDED
Simdul Shagaya
CO-FOUNDERS
NOTABLE CO-INVESTORS
TLCom Capital, Founder Collective, Local Globe, Nielsen Ventures, and Tencent
CASE STUDY
Miva Open University Tackles Nigeria’s Admission Crisis with AI-Powered Learning
Miva is addressing Nigeria’s limited university slots by offering flexible, AI-enabled blended learning programs designed for scale and student success.
Secured Online university license for MIVA
Launched MIND, AI learning companion
Launched AI Homework Help
OWL VENTURES INVESTMENT
Key Partnerships
2023
2024
2021
2024-25
2025
ULESSON
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
POST SECONDARY
Fizz
Noodle
Honorlock
Quizlet
Kyron Learning
StudyFETCH
VAIA | STUDYSMARTER
Labster
WELCOME TECH
Leap Finance
MAXIMAL LEARNING
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST SECONDARY
SCALE
PAIN
400+
Fizz is Gen Z’s go-to social platform for experience and identity-based community.
HIGHER EDINSTITUTIONS
Students and alumni are stuck in fragmented, college-only networks, limiting meaningful connections across shared interests.
Teddy Solomon
CEO
OUTCOMES
Consumer Social
SOLUTIoN
Focus
30%
Users actively creating weekly content, far surpassing ~1% engagement rates on legacy social platforms.
90%
Users reporting stronger connection and inclusion at their schools through Fizz communities.
2021
FOUNDED
Fizz brings users together through shared experiences and identities, enabling meaningful communities that extend across campuses and beyond.
Teddy Solomon and Ashton Cofer
CO-FOUNDERS
NOTABLE CO-INVESTORS
NEA and Lightspeed
CASE STUDY
The Fizz Phenomenon: Stanford’s Social Startup that Stuck
FIZZ
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
SCALE
PAIN
505
100 k+
4.1 m+
Honorlock delivers secure, scalable online proctoring to ensure exam integrity and equitable access for learners and institutions worldwide.
HIGHER EDINSTITUTIONS
EDUCATORS
Students
Maintaining academic integrity in online assessments without compromising convenience, scale, or equity is challenging.
Michael Hemlepp
CEO
OUTCOMES
Online Exam Proctoring
SOLUTIoN
Focus
2014
FOUNDED
1 m+
Sessions investigated by Honorlock Live Pop-In, up 238% YoY.
19%
Annual growth in faculty review of flagged Honorlock sessions.
Honorlock’s AI-powered software and human oversight deliver secure, scalable, and non-intrusive online proctoring that promotes fairness and flexibility.
Michael Hemlepp and Elena Soboleva
CO-FOUNDERS
NOTABLE CO-INVESTORS
Defy.vc, Arsenal Growth Equity and Daniel Cane
Partnered with Unizin
Achieved TX-RAMP Level 2 Certification
Key Awards
OWL VENTURES INVESTMENT
2024
2024
2025
2021
HONORLOCK
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
CASE STUDY
NORTHERN VIRGINIA COMMUNITY COLLEGE ELEVATES EQUITABLE ONLINE LEARNING WITH HONORLOCK
CHALLENGE Northern Virginia Community College (NOVA), the second-largest multi-campus community college in the U.S., serves over 80,000 students across a wide range of learning modalities. A 34% increase in online asynchronous enrollment over three years revealed the need for a scalable, student-centered proctoring solution—one that could uphold flexibility, accessibility, and academic integrity at scale. SOLUTION NOVA integrated Honorlock’s AI and Live Pop-In® proctoring directly within Canvas, giving faculty flexible controls and real-time, human-validated integrity alerts. The platform reduced student anxiety, improved accessibility, and provided responsive 24/7 support that aligns with NOVA’s mission to deliver equitable, high-quality education.
RESULTS Honorlock helped NOVA reframe proctoring as a tool for trust and transformation. It reduced friction for students, restored faculty confidence in exam integrity, and elevated the online learning experience across a rapidly growing and diverse academic community.
“We’re empowering both students and faculty with a better, more human-centered proctoring experience. It’s the empathy that sets Honorlock apart. Our students are anxious enough; having someone actually respond and care made all the difference.” – Caryn Sever, Director of Instructional Design and Development, NOVA
There was a proactive shift from surveillance to student support and success. Highlights include:
- 41% of exam sessions saw prevented instances of possible academic dishonesty.
- Only 18% of exam sessions included potentially high-risk behaviors.
- 89% of exam sessions were completed without incident.
- Only 12% of exam sessions were reported to faculty for review.
HONORLOCK
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
SCALE
PAIN
145
978
68.8 k+
Discussion-based modules with videos, visuals, and voice, powered by educators and facilitated by AI.
INSTITUTIONS
EDUCATORS
Students
Institutions and organizations struggle to deliver engaging, effective, and affordable online learning experiences.
RAJEN SHETH
CEO
ACCESS
72%
87%
Higher Education
SOLUTIoN
Focus
TITLE I SCHOOLS
FREE REDUCED LUNCH
2022
FOUNDED
Kyron Learning uses AI to scale interactive, personalized learning at a 10th of the cost with instant and unlimited availability.
Rajen Sheth and Enis Konuk
CO-FOUNDERS
38%
83%
NOTABLE CO-INVESTORS
GSV, ECMC Group Education Impact Fund
ENGLISH LANGUAGE LEARNERS
STUDENTS OF COLOR
OUTCOMES
Launched new pedagogical framework
Kyron co-presented with WGU & MDC at ASU+GSV
50%
Increase in learner retention for Merit America courses that use Kyron.
78%
Users find Kyron is effective at facilitating learning.
Received patents for core technology
OWL VENTURES INVESTMENT
2024
2025
2025
2022
KYRON LEARNING
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
CASE STUDY
Human-Centered AI Driving Student Success
IN-APP ENGAGEMENT: Following the pilot’s success, MDC is scaling Kyron to high-enrollment courses like college algebra, public speaking, and introductory science to reduce DFW rates and improve persistence.
- 82% said Kyron was effective in facilitating learning.
- 85% felt more confident in their understanding.
Miami Dade College (MDC) serves 100K+ diverse students annually. It sought an AI solution to boost online engagement and feedback without adding faculty burden. Partnering with Kyron Learning, MDC piloted an interactive, conversation-based AI for ENC 1101 (English Composition I). The foundational course, with high online enrollment, experiences persistent challenges in writing instruction. Integrating directly into Canvas, Kyron guided students through thesis writing and persuasive essays. Unlike generative AI, Kyron prompted deeper thinking, provided real-time clarification, and allowed revisions before submission. Faculty remained in control of course design yet students gained immediate, formative feedback.Kyron proves AI can augment—not replace—instruction: driving engagement, confidence, and equity in online learning.
STUDENT SURVEY HIGHLIGHTS: Students praised the clarity, interactivity, and practical guidance, asking for Kyron in more courses. Faculty noted stronger student work and reduced feedback load.
- 93% found modules engaging (vs. 67% without Kyron).
- 100% reported more opportunities to practice (vs. 83%).
- 93% felt more confident in persuasive writing (vs. 67%).
- 92% said feedback was clear and understandable.
KYRON LEARNING
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
SCALE
PAIN
105
11 k+
6.6 m+
Labster’s immersive learning platforms redefine STEM and nursing education , empowering learners in class, career, and community.
COUNTRIES
INSTITUTIONS
Students
Challenges within STEM and Nursing courses can present barriers to students’ academic and career success.
Shawn Boom
CEO
OUTCOMES
Higher Education and Healthcare
SOLUTIoN
Focus
57%
Nursing students showed greater competence with UbiSim compared to traditional simulation.
90%
Undergraduate biology students using Labster earned higher grades.
2012
FOUNDED
Labster empowers students with evidence-based immersive learning experiences that build their skills and confidence to succeed.
Michael Bodekaer Jensen and Mads Bonde
CO-FOUNDERS
NOTABLE CO-INVESTORS
GGV Capital, Balderton Capital, and Andreessen Horowitz (a16z)
Named Bjørn Toft Madsen CPTO
Received TIME Best Invention Award
Named Shawn Boom CEO
Acquired UbiSim VR nursing simulation
OWL VENTURES INVESTMENT
2024
2024
2024
2019
2024
LABSTER
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
CASE STUDY
Yavapai College Boosts Online Completion Rates with Labster
By integrating virtual labs, a rural Arizona community college closed its online/in-person completion gap in microbiology. CHALLENGE Yavapai College’s Fall 2023 BIO 205 microbiology course had significantly lower online completion rates (66%) compared to in-person (80%). With over two-thirds of students enrolled online and ongoing instructor turnover, the college needed a scalable, consistent, and accessible solution to support online learners. SOLUTION In Fall 2024, Yavapai adopted Labster’s virtual lab simulations for BIO 205. The simulations acted as a “digital co-instructor,” providing consistent, repeatable experiences across sections, eliminating logistical delays from home lab kits, and ensuring equitable access to lab resources.
RESULTS
- Online completion rates rose from 66% to 80% within one year, matching in-person rates.
- Gains were sustained through Spring 2025.
- Costs were comparable to home lab kits, but with greater accessibility, consistency, and equity benefits.
LABSTER
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
SCALE
PAIN
2.1 k+
1.5 m+
8 m+
Leap is building the infrastructure to enable millennials’ global career aspirations and to democratize access to high-quality international education.
HIGHER EDINSTITUTIONS
STUDENTS
USERS
Students studying overseas struggle to choose the right university, finance foreign education, and secure visas and accommodations.
Vaibhav Singh
CEO
OUTCOMES
Global Higher Education
SOLUTIoN
Focus
2019
FOUNDED
Leap provides an end-to-end platform to solve all students' needs planning to study abroad for higher education.
$10 m+
In scholarships secured by students.
18x
Increase in the median income of students financed.
Vaibhav Singh and Arnav Kumar
CO-FOUNDERS
NOTABLE CO-INVESTORS
Peak XV, Jungle Ventures, Harvard Asset Management, Apis Partners
Launched an AI Visa Interview Platform
Key Partnerships for Hybrid and Pathway Programs
Launched LeapGPT
Partnered with DuoLingo
OWL VENTURES INVESTMENT
2023-24
2025
2025
2021
2025
LEAP FINANCE
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
CASE STUDY
DUOLINGO AND LEAPSCHOLAR LAUNCH DUOLINGO ENGLISH TEST TO ENHANCE PREP TOOLS FOR INDIAN STUDENTS
“Given the high-stakes nature of the English proficiency exams, one of the most common things we hear from students is the need for additional test readiness material. Leap has done a tremendous job of scaling high-quality support for students across India and beyond. Given our commitment to access and reach, we are excited to see Leap build out material to help students feel more confident in their study abroad journeys,” - Tara Kapur, India Market Lead, Duolingo English Test, India
LEAP FINANCE
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
GETTING TO KNOW MAXIMAL LEARNING BETTER
How do you envision your product creating a positive impact on individuals, businesses, or society as a whole?
PAIN
Maximal Learning offers personalized AI coaching to help students obtain the skills needed to succeed at school, work, and life.
Maximal Learning helps students stay on top of their schoolwork balance it with their extracurriculars, reduce stress, and develop executive function skills necessary for learning, work, and life.
The fundamental skills of executive function, collaboration, and communication are not explicitly taught or credentialed by schools.
Eran Megiddo
What metrics or key performance indicators (KPIs) do you track or plan to track to measure the impact of your product?
CEO
Engagement, retention, and completing tasks on time. Student feedback on their being on track and staying on top of work and whether the product is helping them reduce stress and feeling overwhelmed.
SOLUTIoN
K-12 Student Coaching
Focus
2023
FOUNDED
Student-centric tools supported by AI to help students develop skills fundamental to become better learners in work and life.
Eran Megiddo and Liviu Asnash
CO-FOUNDERS
What steps have you taken to ensure that your product is accessible and inclusive, considering factors like affordability, usability, and addressing diverse user needs?
NOTABLE CO-INVESTORS
Trilogy Equity Partners, GSV, Pioneer Square Labs, and Honeystone Ventures
Maximal Learning will follow Industry standards to ensure the product is fully accessible from day one. The student community helping develop the product will represent diverse perspectives to ensure the product meets the needs of neurodiverse students and students of various backgrounds.
How do you ensure that your product aligns with educational standards and curriculum requirements?
Maximal Learning partners with experts in particular skills areas, starting with EF, and with tutoring experts at Stanford and other centers to guide the research and measure efficacy.
MAXIMAL LEARNING
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
SCALE
PAIN
329
140+
1 k+
Noodle empowers universities through tech-enabled strategic consulting, tailored services, and scalable technology to transform the world.
EMPLOYERS
HIGHER EDINSTITUTIONS
EDUCATORS
In today’s climate, universities must identify new and bolster existing revenue streams while maintaining equitable and exceptional learner experiences.
John Katzman
OUTCOMES
CEO
96%
Students in Noodle-supported programs that started their field placements on time.
80%
Students who receiving student support coaching from Noodle re-enroll term-over-term.
Higher Education
SOLUTIoN
Focus
2015
FOUNDED
Noodle collaborates with universities to reimagine their return on investment in higher education and design learning experiences that deliver measurable, real-world impact.
John Katzman
FOUNDER
NOTABLE CO-INVESTORS
Osage, ReThink, Lumina Foundation, Swan, New Markets, Inclusive Capital, and BlackRock
CASE STUDY
Reflections from the 2025 University Network Summit
Founded Scholars Network
Shifted to tech-enabled strategy and services model
In March 2025, Noodle co-hosted the second annual University Network Summit in Washington, DC. The summit brought together forward-thinking educators, industry leaders, policymakers, and innovators to transform the future of education.
Certified B-Corp
Key Acquisitions
OWL VENTURES INVESTMENT
2021
2023
2023
2017
2025
NOODLE
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
SCALE
PAIN
130
60 m+
Quizlet is a global learning platform that helps 60M+ people learn using personalized study activities.
COUNTRIES
USERS
Students often lack the know-how or motivation to effectively learn due to burnout, distractions and stress.
Kurt Beidler
OUTCOMES
CEO
95%
Students who use Quizlet daily say their grades improved.
89%
Students are likely to recommend Quizlet to a friend.
Study tools
SOLUTIoN
Focus
2005
FOUNDED
Quizlet drives comprehension through AI-powered learning solutions and relevant content to effectively prepare for tests, exams, or anything being studied.
Andrew Sutherland
FOUNDER
NOTABLE CO-INVESTORS
General Atlantic, Costanoa Ventures, Union Square Ventures, Altos Ventures, Icon Ventures.
CASE STUDY
Quizlet Launches New AI-Powered Experience for Back to School
"At Quizlet, we're building for outcomes. The new platform experience leverages our legacy of leadership in AI-native tools to bring together hyper-relevant content, advanced study tools, community, and best-in-class GenAI for a cohesive experience. Built on content from fellow students and educators, we're making learning more personalized and adaptive.” – Kurt Beidler, CEO at Quizlet
Launched How America Learns report
Launched Ads Platform
Debuted new AI tools
Welcomed Kurt Beidler as CEO
OWL VENTURES INVESTMENT
2022
2024
2024
2015
2025
QUIZLET
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
SCALE
ACCESS
24
PAIN
5 m+
StudyFetch is an AI-powered educational platform that transforms learning materials into personalized, interactive learning experiences—including flashcards, quizzes, and AI tutoring.
LANGUAGES
USERS
Traditional study materials require significant time and effort to personalize, creating inefficiencies in knowledge acquisition.
Esan Durrani
CEO
OUTCOMES
SOLUTIoN
AI Learning Platform
Focus
> 3.6%
Increase in successful course completion for students using StudyFetch.
92%
Students who use StudyFetch regularly see grade improvements.
StudyFetch instantly converts educational content such as notes, lectures and documents into tailored study tools to boost engagement, improve outcomes and reduce learning barriers.
FOUNDED
2023
Esan Durrani and Ryan Trattner
CO-FOUNDERS
NOTABLE CO-INVESTORS
College Board
CASE STUDY
Why AI Education Should Start at Age Six and How to Do It Right with Sam Whitaker of Studyfetch
STUDY FETCH
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
SCALE
PAIN
35 k+
170 k+
30 m+
Vaia is an intelligent learning platform automatically transforming any content into an individual learning course, making learning effective and fun.
INSTITUTIONS
EDUCATORS
USERS
Students struggle with the amount of content they ought to learn and do not know how to structure themselves.
Christian Felgenhauer
CEO
ACCESS
Education and Recruiting
SOLUTIoN
Focus
GENDER
2017
FOUNDED
62%
Vaia provides users with an individualized learning path and smart learning toolbox to learn any content.
47%
Christian Felgenhauer, Maurice Khudhir, Simon Hohentanner, and Till Söhlemann
CO-FOUNDERS
FEMALE
ENGLISH LANGUAGE LEARNERS
NOTABLE CO-INVESTORS
Left Lane Capital, Goodwater Capital
OUTCOMES
97%
Users are more structured in their learning.
96%
Users receive better grades.
VAIA | STUDYSMARTER
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
SCALE
PAIN
~400
4 m+
Welcome Tech empowers immigrants through education, resources, and critical services.
K-5 students
USERS
Language barriers, social security requirements, work history, and legal status obstruct access to essential services by immigrant communities, threatening their ability to thrive in the US.
Amir Hemmat
CEO
OUTCOMES
Empowering Immigrants
SOLUTIoN
Focus
15%
Increase in 90-day new hire retention.
15%
Reduction in overall annual employee turnover.
2016
FOUNDED
Welcome Tech has built essential technology like a digital wallet and a bilingual mobile app, and provides health and financial wellness resources to accelerates success for immigrant households.
Amir Hemmat and Raul Lomeli
CO-FOUNDERS
NOTABLE CO-INVESTORS
Nala Investments, Cometa, TTV, Softbank
Recognized as "Best for the World" B Corp
CASE STUDY
Expanded Board of Directors
OWL VENTURES INVESTMENT
Welcome Tech provides healthcare, financial services to 4 million immigrants
2025
2021
2021
WELCOME TECH
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
FUTURE OF WORK
Apna
Mighty Networks
Benchprep
Preply
BorderPlus
Sanjieke
Class
Schemata
Classplus
SkillTrade
Complement 1
Smalt
DeepHow
Stash
Degreed
SV ACADEMY
Galena
Thrive Global
HoyTrabajas
UBITS
Interplay Learning
Workera
MasterClass
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK
SCALE
PAIN
56 m+
824 k+
Apna.co is India’s largest jobs and professional networking platform that helps the workforce unlock economic opportunities, jobs, professional networking, and skilling.
CANDIDATES
RECRUITERS
A large part of India’s employable workforce must rely on untrustworthy and limited channels to find job opportunities.
Nirmit Parikh
CEO
ACCESS
Providing Economic Opportunities to the Rising Indian Workforce
SOLUTIoN
Focus
31%
Job applications were by women in 2024.
4x
Increase in women job seekers from Tier II and III cities from 2021 to 2024.
Apna helps users build digital professional identities, find best hyperlocal job opportunities, and improve careers by building their professional network.
2019
FOUNDED
Nirmit Parikh
FOUNDER
Peak XV Partners, Lightspeed India Partners, Tiger Global Management, and Insight Partners
NOTABLE CO-INVESTORS
OUTCOMES
824 k+
Employers have used Apna to meet their hiring requirements across 200+ industries and functions.
1 in 3
NIFTY100 companies in India use Apna for hiring requirements.
Launched AI powered Practice Interview Coach
Names in YourStory’s Tech50
Signed MoU with AICTE
Key Partnerships
OWL VENTURES INVESTMENT
2025
2021
2023
2021–23
2021
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
APNA
CASE STUDY
APNA.CO AND AICTE EMPOWER 350K STUDENTS WITH CAREER PATHWAYS IN INDIA
In a landmark public-private partnership, Apna.co joined forces with the All India Council for Technical Education (AICTE), India’s national accreditation and oversight body for technical colleges and universities, to address the employability gap for young professionals. Over just nine months, the initiative connected 350K students to career opportunities and facilitated 800K+ job applications. This initiative aimed to bridge the gap between academic training and entry-level employment. Students across 27 Indian states and 8 union territories accessed job opportunities through Apna’s platform, linking to 13,500+ hiring companies offering roles in business development, marketing, data entry, and more. The program demonstrated measurable improvements in access, equity, and efficiency for youth employment pipelines.
This partnership sets a new benchmark for scalable, tech-enabled job placement models. Apna.co and AICTE plan to extend the reach of the initiative, including tighter integration with skill-building programs and employer networks—creating a sustainable pathway from classroom to career for every technical graduate in India.
“By bridging academia and industry, we are shaping a future-ready workforce equipped to navigate emerging challenges. CampusInc 2025 served as a key platform for driving impactful discussions on India’s talent pipeline, ensuring students gain the skills needed for the digital age. Our continued partnership with Apna.co will be instrumental in transforming quality education into meaningful career opportunities.” – Honorary Professor T.G. Sitharam, Chairman, AICTE
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
APNA
SCALE
PAIN
11.7 m+
12.4 m+
50 k+
BenchPrep’s LMS helps associations grow their education programs and support learners across the entire lifelong learning journey.
USERS
INSTITUTIONS
STUDENTS
Associations and credentialing organizations struggle to generate revenue, reduce certification dropout rates, grow programs, and engage learners.
Ashish Rangnekar
CEO
Associations and Credentialing Bodies
Focus
OUTCOMES
SOLUTIoN
10%
Increase in pass rates of BenchPrep users for ACCA Qualifications compared to non-users.
133%
Rise in test takers after GMAC launched prep course on BenchPrep.
FOUNDED
2019
BenchPrep enables associations and credentialing organizations to increase revenue and better support their learners through data-driven insights and engaging learning experiences.
Ashish Rangnekar and Ujjwal Gupta
CO-FOUNDERS
NOTABLE CO-INVESTORS
Revolution Ventures, Jump Capital, NewView Capital
Introduced AI EnGINE
Key Awards and Recognition
CASE STUDY
Expanded Lifelong Learning Platform
Signed Key Customers
OWL VENTURES INVESTMENT
HOW ACCA IS REVOLUTIONIZING GLOBAL ACCESS TO CERTIFICATION
2024-25
2025
2019-25
2019-25
2014
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
BENCHPREP
OUTCOMES
100%
B2 level German trained candidates were placed within 8 months.
10x
Increase in salary for nurses who complete the BorderPlus training program.
PAIN
BorderPlus is an AI-powered mobility platform that prepares healthcare workers for global careers through transparent placement pathways, enabling lasting success.
Skilled blue-collar workers struggle to access global opportunities due to language barriers, high costs, and confusing migration processes.
Mayank Kumar
CEO
CASE STUDY
Skilling & Talent Mobility
SOLUTIoN
Focus
In an interview with CNBC’s leading journalist - Shereen Bhan, Mayank Kumar discusses how BorderPlus trains and deploys Indian healthcare talent-especially nurses-to address global skill shortages and unlock high-earning opportunities abroad.
FOUNDED
2024
BorderPlus offers AI-led language and cultural training, visa support and placement support, enabling healthcare professionals to access high-demand roles globally.
Mayank Kumar and Ayush Mathur
CO-FOUNDERS
NOTABLE CO-INVESTORS
Binny Bansal, Ritesh Agarwal and Mithun Sacheti
Partnered with VFS Global
Signed MoU with TN Apex
Accredited by NSDC
Acquired OneaCare
OWL VENTURES INVESTMENT
Partnered with Avanse
2025
2025
2025
2025
2025
2025
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
BORDERPLUS
SCALE
PAIN
10 m+
200 k+
75
Class builds virtual classrooms that add Teaching and Learning Tools to Zoom, making the virtual classroom feel like a real classroom.
STUDENTS
EMPLOYERS
COUNTRIES
Virtual classrooms lack engagement and seamless LMS integration, leaving educators without tools to replicate dynamic in-person learning experiences.
Michael Chasen
CEO
OUTCOMES
SOLUTIoN
K-12, Higher Education, and Corporate Learning
Focus
46%
32%
More confidence in applying knowledge observed among learners using Class, compared to traditional video conferencing tools.
Less distraction observed among learners using Class, compared to traditional video conferencing tools.
Class enhances Zoom and Teams with teaching tools, enabling interactive, LMS-integrated instruction that fosters collaboration and student participation.
2020
FOUNDED
Michael Chasen
FOUNDER
Insight, Softbank, Emergence
NOTABLE CO-INVESTORS
Named to TIME World’s Top EdTech Companies
CASE STUDY
Key Acquisitions
OWL VENTURES INVESTMENT
Key Partnerships
How Volvo Transformed Online Learning with Class to Mirror In-Person Training
2023
2024
2021–23
2021
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
CLASS
SCALE
PAIN
100 m+
50 m+
200 k+
Classplus helps educators build and sell online courses, gives students reliable exam-prep platforms, and improves teaching workflows and preparation experiences.
USERS
STUDENTS
EDUCATORS
Educators struggle to monetize their online audience, and students lack trustworthy digital platforms for critical exam preparation.
Mukul Rustagi
CEO
OUTCOMES
Professional Exams and Upskilling
Focus
SOLUTIoN
100 k+
Aspirants pass different job and test preperation exams annually using Classplus.
12 m+
Paying students served every year.
FOUNDED
2018
Classplus equips educators with personalized apps and websites to sell courses directly, and its platforms deliver mock tests, solved questions, and live interactive classes for students.
CO-FOUNDERS
Mukul Rustagi and Bhaswat Agarwal
NOTABLE CO-INVESTORS
Tiger Global, Alpha Wave, and Peak XV Surge
Launched Polaris School of Technology
CASE STUDY
Acquired Testbook
OWL VENTURES INVESTMENT
Key Strategic Investments
The Classplus Success Story: Fireside Chat with Mukul Rustagi
2022
2024
2021–23
2022
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
CLASSPLUS
OUTCOMES
16%
Increase in Quality-of-Life scores after three months using Complement 1
> 30%
Reduction in healthcare expenses within three months of program start
PAIN
Complement 1’s evidence-based, tech-enabled learning platform equips cancer patients and survivors with lifelong skills in exercise, nutrition, and mind-body wellness.
Cancer patients face worsening side effects and rising costs, but lack scalable, evidence-based education to manage symptoms, make informed choices, and sustain recovery.
Karan Bajaj
CEO
90%
Learner completion rate for Complement 1’s structured lifestyle curriculum after three months
Healthcare Education and Skills Training
Focus
SOLUTIoN
FOUNDED
2024
Complement 1 provides daily expert coaching and a year-long learning pathway with live lessons, personalized guidance, and community practice, to build and sustain healthy behaviors during and after treatment.
CO-FOUNDERS
Karan Bajaj and Trupti Mukker
NOTABLE CO-INVESTORS
Blume Ventures
Showcased at Leading US Cancer Conferences
Achieved SOC 2 Type I & II Compliance
Piloted with Top 3 Cancer Center in US
Achieved HIPAA Compliance
Undertook randomized control trial
CASE STUDY
OWL VENTURES INVESTMENT
Hear from Complement 1 Users Referred by a Top-3 National Cancer Institute
2024
2025
2025
2024
2025
2025
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
COMPLEMENT 1
SCALE
PAIN
35 k+
100+
28+
DeepHow is an AI-powered platform that helps organizations capture, structure, and activate expert know-how across teams and partner networks.
USERS
EMPLOYERS
COUNTRIES
Critical operational knowledge often remains undocumented, scattered across systems, or trapped with experts.
Sivakumar Lakshmanan
CEO
OUTCOMES
Manufacturing and Skilled Workforce Organizations
Focus
SOLUTIoN
20%
Improvement in overall equipment efficiency with DeepHow.
70%
Reduction in employee turnover through DeepHow.
FOUNDED
2018
DeepHow captures expert knowledge, structures it into engaging content with AI, and activates it through business systems to drive productivity, safety, quality, and engagement.
CO-FOUNDERS
Sam Zheng, Wei-Lian Kao, and Patrik Matos
NOTABLE CO-INVESTORS
Sierra Ventures, Qualcomm Ventures, Osage Venture Partners
Launched Smart Training for Industrial Teams
CASE STUDY
Key PARTNERSHIPS
Appointed new CEO
OWL VENTURES INVESTMENT
Integrated with SAP
From Delays to Operational Excellence: DeepHow’s Impact at AM/NS Calvert
2025
2024
2023-24
2025
2023
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
DEEPHOW
SCALE
PAIN
10 m+
300
160+
Degreed is an AI-powered learning platform for workforce transformation, helping organizations identify skills gaps, scale personalized growth, and measure change.
USERS
EMPLOYERS
COUNTRIES
As skill needs evolve, learning programs and talent strategies are often misaligned with business objectives.
David Blake
CEO
ACCESS
SOLUTIoN
Learning Platform for Workforce Transformation
Focus
29
With Degreed, organizations use skills insights to strategically develop workforces, upskilling and reskilling employees with personalized AI-powered experiences at scale.
FOUNDED
2012
LANGUAGES
David Blake and Eric Sharp
CO-FOUNDERS
Sapphire Ventures, Riverwood Capital
NOTABLE CO-INVESTORS
OUTCOMES
Partnered with SAP SuccessFactors
Named in Time’s World’s Top EdTech Companies
700 m+
Courses completed on Degreed, equivalent of 15M four-year degrees.
50 m+
Skills rated, reviewed, and assessed.
Launched Degreed Maestro
Partnership with Pearson
OWL VENTURES INVESTMENT
2025
2024
2023
2025
2018
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
DEGREED
CASE STUDY
HOW STATE STREET SCALED TALENT AND MOBILITY THROUGH SKILLSFIRST
HOW COLGATE-PALMOLIVE POWERS DIGITAL TRANSFORMATION WITH DEGREED
Colgate-Palmolive partnered with Degreed to close priority-skill gaps and accelerate digital transformation across its 34K-person global workforce. By aligning learning to strategic business goals, the company launched learning academies in areas like digital fluency, automation, e-commerce, and leadership. The resulting simplified, global learning experience supported the company’s transformation and drove over 80% active learner engagement, helping to embed a culture of continuous learning.
State Street turned to Degreed to build an enterprise-wide data driven talent strategy to drive internal mobility and workforce agility. Its SkillsFIRST framework placed performance, retention, and career advancement at the center. Aligning talent supply with business-critical needs empowers employees to take ownership over their development. Within a year, 50% of the employees onboarded into SkillsFIRST, saving millions on third party tools. The approach also improved engagement and supported internal promotions and hires —demonstrating how thoughtful upskilling can drive both performance and retention at scale.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
DEGREED
SCALE
PAIN
100+
75+
94 k+
Galena prepares companies and workers for the future by accelerating workforce upskilling through personalized, AI-powered development journeys.
HIGHER EDINSTITUTIONS
EMPLOYERS
Students
In an AI-transformed economy, employees and employers alike face uncertainty over career growth and reskilling.
Guilherme Luz
ACCESS
CEO
41%
71%
SOLUTIoN
Without postsecondary degrees
Early-career professionals
Professional Development
Focus
Galena delivers an AI-powered platform that provides personalized professional development pathways that accelerate upskilling and reduce turnover.
2021
FOUNDED
Guilherme Luz and Eduardo Mufarej
OUTCOMES
CO-FOUNDERS
55%
Employees enrolled in at least one course via Galena.
NOTABLE CO-INVESTORS
Altos Ventures, Exor Seeds, Elevar Equity and Globo Ventures
67%
Increase in study hours in users, compared to the national average.
Launched AI-Powered Career Plan
OWL VENTURES INVESTMENT
Acquired Edupass
CASE STUDY
2023
2025
2021
Leroy Merlin Scales AI-Driven Learning with Galena
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
GALENA
SCALE
PAIN
2 m+
110+
HoyTrabajas helps employers in Latin America and the US hire, onboard, and retain talent through targeted recruiting and HR automation.
USERS
EMPLOYERS
Employers face high turnover, poor job fit, and inefficient hiring due to fragmented tools, generic AI, and labor challenges.
Rubén D. Córdoba
CEO
ACCESS
SOLUTIoN
Low-Skilled Workers in Latin America
Focus
80%
92%
LatAm: Provides companies with qualified candidates to speed hiring and offers a benefits product to improve working conditions.
US: Talentropy enables custom workflows and AI agents without replacing existing HR tools.
FOUNDED
2019
immigrants or underserved workers in the US
Low Income workers in LatAm
Ruben Cordoba, Sebastian Arce, and Vladimir Guzman
CO-FOUNDERS
NOTABLE CO-INVESTORS
Rebel Fund, Arash Ferdowsi (Co-Founder Dropbox), Starling Ventures
OUTCOMES
2.5 x
45%
Partnered with Mayor of Bogota's Office
Launched AI-powered recruitment platform in the US
Higher retention rate than industry average (10 vs. 4 months) for candidates hired through HoyTrabajas.
Operational candidates sent to clients are successfully hired.
Expanded to Mexico
OWL VENTURES INVESTMENT
2023
2024
2023
2022
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
HOYTRABAJAS
SCALE
PAIN
387 k+
470+
3.7 k+
Interplay Learning is the leading global provider of online and VR training for essential skilled trades.
SCHOOLS & HIGHER ED. INST.
Students
EMPLOYERS
Employers and communities feel the pain of not having enough skilled trades professionals to meet an all-time high in demand.
Doug Donovan
CEO
Skilled Trades
Focus
OUTCOMES
SOLUTIoN
FOUNDED
2016
92%
Positive business impact for employers.
89%
Employers say Interplay helped them train techs faster.
Interplay’s solution is a platform that attracts and trains a tech-savvy generation on trade skills.
Doug Donovan
FOUNDER
NOTABLE CO-INVESTORS
Goldman Sachs, S3 Ventures, Strada Education Network
ACQUIRED Industrial Training International
Released AI mentor in beta
KIM CALDBECK JOINED THE BOARD
OWL VENTURES INVESTMENT
2023
2024
2023
2021
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
INTERPLAY LEARNING
CASE STUDY
How Sila Services Trains the Next Generation with IN-Field & Virtual Tools
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
INTERPLAY LEARNING
SCALE
PAIN
200+
200+
MasterClass is the streaming platform that provides the insights, tools, and lived experiences of the world’s best so that members can become their best—at work and in their personal lives.
COUNTRIES
INSTRUCTORS
Regardless of their stage in life, consumers want to better themselves and are seeking personal and professional development.
David Rogier
ACCESS
CEO
150 k+
Incarcerated or formerly incarcerated individuals reached
SOLUTIoN
Consumer and Enterprise Learning
Focus
MasterClass makes it possible for anyone to watch or listen to hundreds of video lessons taught by 200+ of the world’s best.
700 k+
Annual memberships distributed to underserved individuals
FOUNDED
2015
FOUNDER
1 k+
Partner organizations in the MasterClass Grant Program
David Rogier
NOTABLE CO-INVESTORS
Fidelity Management & Research Company, Javelin, Eldridge
OUTCOMES
Launched MasterClass Certificates
Launched MasterClass On Call
83%
83%
MasterClass users agree that they have applied something they have learned from MasterClass to their lives.
MasterClass users learn something every time they use MasterClass.
Partnered with Hyatt
OWL VENTURES INVESTMENT
2025
2023
2024
2021
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
MASTERCLASS
CASE STUDY
“In an exclusive demo, Inc. got access to AI versions of sleep expert Matt Walker and Black Swan Group founder and former FBI hostage negotiator Chris Voss, the first two personas currently available in the public beta. The AI voices are remarkably similar to their human counterparts, with natural-sounding cadence and fast response times. When asked for help with a hypothetical salary negotiation, the AI-Voss discussed how to approach the conversation, provided tips on how to strike a balance between confidence and humility, and drafted an initial outreach email. Future updates will bring new in-development personas, enable the AI mentors to remember previous conversations, and give users the ability to upload documents (like pitch decks) for the AI instructors to review.” READ MORE
Inc. wrote the following review when they got first looks at MasterClass On Call
MasterClass is bringing its famous teachers into the AI arena
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
MASTERCLASS
SCALE
PAIN
20 m+
115
Mighty Networks is a community platform that uses advanced technology and AI to create what it calls People Magic, connecting members to build relationships and engagement.
USERS
COUNTRIES
Content bloat and AI bots make running an online business and building genuine connections challenging due to increasing disconnection.
Gina Bianchini
OUTCOMES
CEO
70%+
Mighty Networks use AI and People Magic to drive engagement.
$500 m+
Generated by Mighty Networks Hosts in the past 12 months.
Digital Goods and Services
Focus
SOLUTIoN
FOUNDED
2017
Mighty Networks’ People Magic uses advanced technology to foster meaningful relationships online and offline, connecting members to build engagement and true community.
Gina Bianchini
FOUNDER
NOTABLE CO-INVESTORS
Sierra Ventures, Qualcomm Ventures, Osage Venture Partners
CASE STUDY
HOW TEAM4TECH USES MIGHTY NETWORKS TO IMPROVE EDUCATION AROUND THE WORLD
Team4Tech launched a global educator network on Mighty Networks to connect nonprofits and education leaders. After two years, they’ve grown to 980 members, with 99% coming through referrals. Team4Tech is now able to scale impact worldwide with coaching, courses, and challenges by using a platform that makes growth easy.
Launched People Magic
Launched Mighty Co-HostsTM
OWL VENTURES INVESTMENT
Acquired Boomtown Growth
2023
2025
2021–23
2021
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
MIGHTY NETWORKS
SCALE
PAIN
200 k+
1600
250
Preply is a global language learning marketplace, connecting tutors with millions of learners across the world.
EDUCATORS
EMPLOYERS
COUNTRIES
The offline language learning journey is expensive, inflexible, and offers a limited number of good language teachers.
Kirill Bigai
CEO
ACCESS
Language Tutoring
SOLUTIoN
Focus
40%
2012
FOUNDED
Preply connects learners to the largest and best tutor selection, great prices, and flexibility, with AI-powered tools and content.
ENGLISH LANGUAGE LEARNERS
Kirill Bigai, Dmytro Voloshyn, and Serge Lukyanov
CO-FOUNDERS
Reach Capital and Point Nine Capital
NOTABLE CO-INVESTORS
OUTCOMES
Partnered with ETS for TOEFL iBT® Test Preparation
70 k+
Tutors make money every month by teaching on Preply.
170+
Different subjects taught on Preply in 240+ countries.
LAUNCHED AI-enabled tools
Named in A16Z Marketplace 100
OWL VENTURES INVESTMENT
2023
2025
2023
2015
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
PREPLY
CASE STUDY
Demonstrating Measurable Progress with Personalized Learning
In 2025, we set out to understand how effectively Preply helps learners progress—especially when supported by personalized guidance and consistent, human-led learning. We designed a 12-week study focused on English language learners from Spain. The goal? To measure what changes when learners engage in regular 1-on-1 lessons with a Preply tutor. WHAT WE DID 67 native Spanish speakers between the ages of 25-55 participated in 24 or more English language lessons with a Preply tutor over 12 weeks. Each participant completed:
- A pre-study survey to assess their confidence, fluency, and goals.
- A post-study survey to evaluate their experience and progress.
- A level test before and after the program to quantify skill gains.
KEY FINDINGS 1. Confidence and Fluency Grow with Consistency
- 97% of all participants reported feeling confident speaking English after engaging in the Preply language learning program.
- 94% felt their fluency improved, with statistically significant gains in fluency ratings across the board.
2. Personalized Learning Drives Results
- 99% reported having a personalized learning experience with PreplyLearners valued real-time feedback, human interaction, and program flexibility the most.
3. Human Interaction is Critical
- 96% said practicing with a real person was key to their progress.
4. Language Learning That Impacts Careers
- 100% of participants believed learning English would help them in their career.
- 76% felt more confident contributing to work meetings.
- 80% felt more prepared to give presentations in English.
5. Real Skill Gains—Backed by Testing
- Learners who took 24 or more lessons improved their level test scores across all skill areas, including speaking, listening, grammar, and fluency.
- 1 out of 3 learners improved their CEFR-aligned language test scores by a full level.
- These learners progressed up to 3x faster than typical learning timelines.
“I had my first ever job interview in English and surprised myself with how confident and comfortable I felt. I got the job!”– Cesar, Journalist “Last week, I joined a work meeting in English and realized how much more confident I’ve become. It made me see just how far I’ve come with Preply.”– Paloma, Lawyer “Thanks to Preply, I can now conduct psychotherapy sessions with international patients confidently and fluently.”– Elena, Psychologist
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
PREPLY
SCALE
PAIN
1.51 m+
1300
Sanjieke connects global high-quality course resources and assists enterprises in digital transformation and talent upgrading.
USERS
EMPLOYERS
Companies have limited access to high-quality online courses.
Luke Hou Xianhui
OUTCOMES
CEO
31%
Of China’s Fortune 500 companies served.
75%
Course completion rate.
Online Professional Education Service
Focus
SOLUTIoN
Sanjieke provides high-quality courses on its website and gives users unlimited access to these courses.
FOUNDED
2015
HOU Xianhui
FOUNDER
NOTABLE CO-INVESTORS
IDG, Wu Capital, and Udemy Inc
CASE STUDY
Sanjieke promotes the strategic upgrade of corporate AI talent
Named in TIME’s 2024 Global Top EdTech Companies
Transitioned to 100% online education
Sanjieke launched an “AIGC Learning Festival" to provide useful references and practical guidelines for corporate AI talent training. They have launched 500 Gen AI courses. and the learning time of AI application courses has increased by 8,303%.
Launched AIGC Learning Fest Link
Partnered with Udemy
OWL VENTURES INVESTMENT
2024
2022
2024
2019
2023
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
SANJIEKE
OUTCOMES
85%
More cost-effective than traditional content creation.
10x
Faster delivery of custom, scalable training content.
PAIN
Schemata specializes in virtual training and simulations for industrial and defense purposes.
Defense and enterprise sectors contend with transitory workers who require prompt and safe training for complex physical equipment.
James Brown
CEO
Front-Line Worker Training
SOLUTIoN
Focus
2022
FOUNDED
Schemata uses 3D reconstruction and AI to accelerate training, cutting costs while enabling frontline workers to learn quickly, operate safely, and perform confidently.
James Brown, Huy Nguyen, and James Roberts
CO-FOUNDERS
A16z Speedrun
NOTABLE CO-INVESTORS
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
SCHEMATA
GETTING TO KNOW SKILLTRADE BETTER
How do you envision your product creating a positive impact on individuals, businesses, or society as a whole?
PAIN
Skilltrade delivers flexible, outcomes-driven training programs that create future-ready talent pipelines and empowered career pathways for high-demand healthcare roles.
Skilltrade empowers workers with debt-free career pathways into higher-paying healthcare jobs, while businesses benefit from a skilled talent pipeline. Community health is strengthened with improved patient care and retention.
Healthcare employers face critical staffing shortages and a lack of job-ready talent, while employees struggle with affordable, accessible career advancement.
Jason Aubrey
CEO
What metrics or key performance indicators (KPIs) do you track or plan to track to measure the impact of your product?
Healthcare Workforce Development and Training
Focus
SOLUTIoN
Skilltrade tracks graduates’ program completion rates, post-certification job placement rates, average wage increases, and employer retention rates, along with student satisfaction scores during program completion.
2024
FOUNDED
Skilltrade tackles talent gaps and inaccessible career mobility through rapid, employer-aligned training and funding pathways.
Jason Aubrey
FOUNDER
How do you address the issue of accessibility and inclusivity in your edtech product, particularly for students from disadvantaged backgrounds or with special needs?
OUTCOMES
90%
100%
Skilltrade’s flexible model accommodates working professionals, and institutional partnerships reach underserved populations. Efforts are made to ensure affordability with external funding, like Amazon Career Choice and government grants.
Graduate retention rate.
Certification pass rate among graduates.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
SKILLTRADE
SCALE
PAIN
100
25
Smalt expands climate trades talent and productivity through workforce development, training, and scalable service delivery for clean energy products.
USERS
STUDENTS
As the demand for climate products surges, blue collar talent supply to install and service clean energy products remains broken.
Khurram Masood
CO-CEO
ACCESS
SOLUTIoN
Clean Energy Installation and Education
Focus
40%
80%
Smalt’s workforce development and service delivery platform trains new installers, scales labor supply, and boosts productivity to meet climate sector needs.
FOUNDED
2023
Students of Color
English Language Learners
Khurram Masood and Marius Westhoff
CO-FOUNDERS
Marius Westhoff
NOTABLE CO-INVESTORS
General Catalyst and Heartfelt Ventures
OUTCOMES
CO-CEO
500+
Solar systems installed.
1 k+
Tonnes of CO2 emissions saved.
Key Partnerships
OWL VENTURES INVESTMENT
Opened In-house Academy
Opened Hubs
2023
2024
2023
2022
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
SMALT
SCALE
PAIN
1.2 m+
9.4 m+
Stash is the industry-leading subscription platform empowering middle-class Americans to invest and build wealth.
SUBSCRIBERS1
ACCOUNTS2
No tool, service, or platform guides lower- and middle-income Americans toward investing and other activities that lead to wealth building.
Brandon Krieg
OUTCOMES
CO-CEO
Personal Finance and Investing
Focus
$4.5 b+
Assets set aside by Stash users.
9x
More savings after one year by customers who use Auto-Stash.
SOLUTIoN
2015
FOUNDED
Brandon Krieg and Ed Robinson
CO-FOUNDERS
Stash empowers subscribers to invest and build wealth through easy and affordable access to a suite of products including investing, banking, education, rewards, and advice.
NOTABLE CO- INVESTORS
T. Rowe Price, USV, Goodwater Capital, Breyer Capital, University of Illinois
Ed Robinson
CO-CEO
CASE STUDY
With $4.3B Under Management, Stash Secures $146M Series H to Lead the Next Era f AI-Driven Financial Guidance
Launched AI Money Coach
Launched StashWorks
OWL VENTURES INVESTMENT
2024
2025
2021
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
STASH
SCALE
PAIN
6 k+
500+
SV Academy provides sales and customer success education and onboarding to talent at no cost to employers.
STUDENTS
EMPLOYERS
Students often go into debt to reach career goals, and employers take financial risks hiring new graduates.
Michael Colonnese
OUTCOMES
CEO
50%
30%
Quicker ramp-up for new hires.
Faster hiring timeline for employer partners.
Training and Placement
SOLUTIoN
Focus
2017
FOUNDED
SV Academy blends education with onboarding to match students with employers prior to acceptance, paying students to get an education and a job.
Rahim Fazal and Joel Scott
CO-FOUNDERS
Leeds Illuminate
NOTABLE CO-INVESTORS
CASE STUDY
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
SV ACADEMY
SCALE
PAIN
970 k+
220+
160+
Thrive Global is a behavior change technology company with the mission to improve productivity and health outcomes.
USERS
COUNTRIES
EMPLOYERS
- Chronic diseases
- Unhealthy behaviors
- Productivity losses
Arianna Huffington
CEO
OUTCOMES
SOLUTIoN
Behavior Change Technology
Focus
FOUNDED
2016
55%
Increase in stress management scores among Thrive Program users.
82%
Contact center agents said Thrive Reset made stress more manageable.
Thrive Global utilizes AI and behavior change technology to help people adopt healthy habits, better health outcomes and productivity.
Arianna Huffington
FOUNDER
NOTABLE CO-INVESTORS
Kleiner Perkins, IVP, JAZZ Venture Partners, Goldman Sachs Asset Management
Launched across Microsoft’s global workforce
Launched Thrive AI Health with OpenAI Startup Fund
Deepened partnership with Webex
Partnered with Eli Lilly and Company
CASE STUDY
Expanded Mission
OWL VENTURES INVESTMENT
THRIVE GLOBAL AND NATIONAL DOMESTIC VIOLENCE HOTLINE INTRODUCE STRESS-RESET PARTNERSHIP
2023
2023
2024
2021
2025
2025
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
THRIVE GLOBAL
SCALE
PAIN
500 k+
800+
15+
UBITS is the learning hub for the Latin American workforce that offers an all-in-one software to develop talent and boost HR efficiency.
EMPLOYEES
COMPANIES
COUNTRIES
Skills gaps and access to high quality education exists in Latin American countries.
Julian Melo
ACCESS
CEO
48%
B2B e-Learning and HR Talent Management
SOLUTIoN
Focus
FEMALE
UBITS offers access to 15K+ courses to develop business, tech, English, and soft skills for employees, paid for by the employers.
FOUNDED
2018
OUTCOMES
Julián David Melo and Marta Forero
CO-FOUNDERS
87%
Users report feeling more confident in their roles after UBITS learning.
89%
Users reported improved skills.
NOTABLE CO-INVESTORS
Riverwood Capital Latam L.P
Recognized as top Employer for Youth
OWL VENTURES INVESTMENT
KEY PARTNERSHIPS
Launched Scholarships
CASE STUDY
UBITS DRIVES WORKFORCE TRANSFORMATION ACROSS LATAM WITH SCALABLE, ON-DEMAND LEARNING
2023
2023-25
2021
2025
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
UBITS
SCALE
PAIN
250 k+
475
77
Workera is an AI-native skills intelligence platform that assesses, develops, and deploys talent for today’s evolving AI landscape.
USERS
COUNTRIES
EMPLOYERS
Organizations struggle with employee upskilling, technology adoption, and talent decision-making in an AI-driven world.
Kian Katanforoosh
CEO
OUTCOMES
SOLUTIoN
Workforce Development and Talent Management
Focus
54%
Increase in GenAI proficiency with Workera.
7.5 m+
Skills verified for organizations worldwide.
Workera’s AI-powered skill assessments and insights help power strategic workforce decisions through personalized development and talent benchmarking.
2019
FOUNDED
Kian Katanforoosh
FOUNDER
NOTABLE CO-INVESTORS
AIFund, NEA, In-Q-Tel, Accenture, and Jump Capital
Named to Fast Company’s Most Innovative Companies List
Key Partnerships
Selected as WEF Tech Pioneer 100
OWL VENTURES INVESTMENT
Launched free AI skill Assessments
2024
2025
2021-22
2024
2020
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
WORKERA
CASE STUDY
U.S. Marine Corps Partners with Workera to Revolutionize Civilian Workforce Development
In March 2025, the U.S. Marine Corps (USMC) selected Workera to enhance the capabilities of its civilian Professional Analysts, aiming to evaluate mission-critical workforce skills with data-driven insights. CHALLENGE The Marine Corps needed precise, scalable tools to measure and strengthen skills in mission-critical analyst roles. SOLUTION Workera’s platform, which measures more than 10,000 skills using advanced AI, enabled leaders to identify gaps, make data-backed decisions, and customize analysts’ development.
RESULT Leaders gained visibility into the skill strengths and gaps of Professional Analysts, enabling better alignment of training investments with strategic mission needs. The foundation was laid for agile reskilling and upskilling, with potential to extend to other civilian workforce groups. The pilot program is expected to expand to other USMC civilian segments within the Marine Corps, with the goal of creating a fully skills-verified workforce. This model may guide other federal agencies seeking to use AI tools to modernize talent development.
"Our partnership with the U.S. Marine Corps underscores the impact AI-driven skills intelligence can have on workforce development within mission-critical organizations. By providing precise, actionable insights into skills capabilities, we're enabling the Marine Corps to strategically align and optimize their civilian workforce, and we look forward to continued collaboration with the USMC and Chief Digital and Artificial Intelligence Office on future initiatives." – Kian Katanforoosh, CEO, Workera.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
WORKERA
23 k teacher hours saved using Authentica seed™ to date.
Statistically significant gains (p < 0.001) reflect ~5 months of accelerated learning over two years.
Metro Nashville Public Schools
AICTE is the governing body responsible for the development of India’s technical education system. This partnership will facilitate building “AICTE Career Portal,” with features like AI resume building, real-time notifications, and community engagement for engineering and management graduates. Read More here
75% of parents observe positive results from month 1. By month 2, parents note that children ‘love learning English’. By month 4, parents see constant vocabulary improvement. Pronunciation and school results improve steadily over 6 months.
In a randomized trial, the intervention group improved 13% while the control group declined 3%.
Based on Stash internal data as of February 10, 2025.
The Louisiana Department of Education provided Amira state-wide, and when used frequently, Amira produced a positive acceleration on State Scores.
Read more here
At RUSD's Julian Thomas Elementary, there was an 8% reduction in student absences using Panorama Student Success.
Patients applied program skills to reduce inpatient visits, shorten hospital stays, and manage comorbidities.
The Individualized Educational Plan (IEP) is a plan developed to ensure that a child who has a disability identified under the law and is attending an elementary or secondary educational institution receives specialized instruction and related services.The 504 Plan is a plan developed to ensure that a child who has a disability identified under the law and is attending an elementary or secondary educational institution receives accommodations that will ensure their academic success and access to the learning environment.
Read more here
94% of Novakid students passed their summative assessment by the second attempt, with 67% succeeding on the first try in 2024.Summative assessments, placed at the end of each level, evaluate students’ mastery of key learning objectives. The high pass rate by the second attempt highlights how effectively Novakid supports students. The two-thirds success rate on the first attempt further reflects strong curriculum pacing and learning retention.
Amira generated reading gains in the Houston Independent School District that were 300%+ greater than Houston students who did not work with the Reading Tutor.
Read more here
Thrive Reset is a science-backed tool that guides users through short, interactive breathing and mindfulness breaks to reduce stress in real time.Contact center agents also reported:
- 86% of agents feel that Thrive Reset positively contributes to their well-being.
- 85% of agents feel more effective on calls after receiving a Thrive Reset.
- 92% of agents hope their employer continues to use Thrive Reset.
- 80% of agents report they are more likely to stay with their employer knowing that they invest in well-being with offerings like Thrive Reset.
Upland Unified School District saw 15-17% gains in ELA scores for teams using Class Companion.
Amira generated reading gains in the Houston Independent School District that were 300%+ greater than Houston students who did not work with the Reading Tutor.
Read more here
94% of Novakid students passed their summative assessment by the second attempt, with 67% succeeding on the first try in 2024.Summative assessments, placed at the end of each level, evaluate students’ mastery of key learning objectives. The high pass rate by the second attempt highlights how effectively Novakid supports students. The two-thirds success rate on the first attempt further reflects strong curriculum pacing and learning retention.
At RUSD's Julian Thomas Elementary, there was an 8% reduction in student absences using Panorama Student Success.
76% of students starting in the fall with 1st grade-level reading gaps progressed to 2nd grade reading levels by the spring.
Gains were both widespread and equitably distributed, with significant progress among historically underserved student groups, including economically disadvantaged students.
Public Schools of Robeson County
This is in addition to
- 52% increase in employee mental health scores
- 34% increase in energy levels
- 33% increase in focus
- 29% increase in resilience scores
Newsela users gained four additional months of literacy growth relative to peers who used the classroom magazines, and was 2x as effective as regular 8th grade instruction, according to an ESSA Tier II Study.
Read more here
23 k teacher hours saved using Authentica seed™ to date.
“Set Aside” is defined as complete incoming transfers from external funding sources to Stash across all brokerage and banking accounts. This statistic does not take withdrawal into consideration.
Based on Stash internal data as of February 10, 2025.
89% of students starting in the fall with kindergarten-level gaps progressed to 1st and 2nd grade reading levels by spring
The Vineland is an assessment that measures the skills an individual engages in that allow the individual every day, independent functionality.
Thrive Reset is a science-backed tool that guides users through short, interactive breathing and mindfulness breaks to reduce stress in real time.Contact center agents also reported:
- 86% of agents feel that Thrive Reset positively contributes to their well-being.
- 85% of agents feel more effective on calls after receiving a Thrive Reset.
- 92% of agents hope their employer continues to use Thrive Reset.
- 80% of agents report they are more likely to stay with their employer knowing that they invest in well-being with offerings like Thrive Reset.
AICTE is the governing body responsible for the development of India’s technical education system. This partnership will facilitate building “AICTE Career Portal,” with features like AI resume building, real-time notifications, and community engagement for engineering and management graduates. Read More here
89% of students starting in the fall with kindergarten-level gaps progressed to 1st and 2nd grade reading levels by spring.
A Fortune 500 manufacturer deployed an AI Readiness program and boosted its internal AI Readiness index in under 30 days.
“Set Aside” is defined as complete incoming transfers from external funding sources to Stash across all brokerage and banking accounts. This statistic does not take withdrawal into consideration.
75% of parents observe positive results from month 1. By month 2, parents note that children ‘love learning English’. By month 4, parents see constant vocabulary improvement. Pronunciation and school results improve steadily over 6 months.
The Vineland is an assessment that measures the skills an individual engages in that allow the individual every day, independent functionality.
Upland Unified School District saw 15-17% gains in ELA scores for teams using Class Companion.
A study of 3,000 teachers and 80,000 students found that completing Newsela assignments online 1-2x weekly led to better ELA outcomes than printing articles.
Read more here
A study of 3,000 teachers and 80,000 students found that completing Newsela assignments online 1-2x weekly led to better ELA outcomes than printing articles.
Read more here
A Fortune 500 manufacturer deployed an AI Readiness program and boosted its internal AI Readiness index in under 30 days.
This is in addition to
- 52% increase in employee mental health scores
- 34% increase in energy levels
- 33% increase in focus
- 29% increase in resilience scores
76% of students starting in the fall with 1st grade-level reading gaps progressed to 2nd grade reading levels by the spring.
Gains were both widespread and equitably distributed, with significant progress among historically underserved student groups, including economically disadvantaged students.
Public Schools of Robeson County
Newsela users gained four additional months of literacy growth relative to peers who used the classroom magazines, and was 2x as effective as regular 8th grade instruction, according to an ESSA Tier II Study.
Read more here
The Louisiana Department of Education provided Amira state-wide, and when used frequently, Amira produced a positive acceleration on State Scores.
Read more here
In a randomized trial, the intervention group improved 13% while the control group declined 3%.
Patients applied program skills to reduce inpatient visits, shorten hospital stays, and manage comorbidities.
Statistically significant gains (p < 0.001) reflect ~5 months of accelerated learning over two years.
Metro Nashville Public Schools
- 23 m students at the time of acquisition, with a 13% increase during the 2023-24 school year
- 1 m teachers at the time of acquisition, with an 18% increase during the 2023-24 school year
READ MORE HERE.
2025 Owl Ventures | Education Outcomes Report
Owl | EOR
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Transcript
2025
OWL VENTURES
EDUCATION OUTCOMES REPORT
2025
OWL VENTURES
EDUCATION OUTCOMES REPORT
CONTENTS
INTRODUCTION
pOST-SECONDARY
portfolio alignment to UN SusTAinable development goals
EMERGING TRENDS IN 2025
FIZZ
NOODLE
OWL'S APPROACH TO OUTCOMES MEASUREMENT
QUIZLET
HONORLOCK
KEY COMPANY OUTCOMES
STUDYFETCH
KYRON LEARNING
OWL VENTURES TEAM
DIVERSITY METRICS
Vaia | StudySmarter
LABSTER
PORTFOLIO AT A GLANCE
Welcome Tech
LEAP FINANCE
MAXIMAL LEARNING
PRE K-12
Kiddom
LELE KETANG
AMIRA LEARNING
CAREER MOBILITY
LETRUS
ANSWERSNOW
Mighty Networks
APNA
LingoAce
AUTHENTICA SOLUTIONS
PREPLY
BenchPrep
Linus Labs
BETTERLESSON
Newsela
Sanjieke
BLING
BORDERPLUS
Novakid
BRISK TEACHING
SCHEMATA
Class
Derivita
Panorama Education
SKILLTRADE
CLASSPLUS
DEWEYLEARN
PARENTSQUARE
COMPLEMENT1
SMALT
Fiveable
SplashLearn
DEEPHOW
STASH
Futre
STARBRIDGE.AI
DEGREED
SV ACADEMY
GENIALLY
SUBJECT
Greenlight
GALENA
SWING EDUCATION
THRIVE GLOBAL
Hazel Health
THUNKABLE
HoyTrabajas
UBITS
Ignite Reading
UBIMASTER
Interplay Learning
Workera
JOTIT
ULESSON
MASTERCLASS
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
CONTENTS
INTRODUCTION
We are excited to share this year’s report as Owl Ventures looks ahead to the next decade of education innovation. We launched in 2014 with a simple yet ambitious vision: to partner with and scale the world’s most transformative education companies. We believed in the power of technology to reshape learning and workforce development for billions of people. Eleven years later, that belief has only deepened.
Asia and Africa continue to lead in digital adoption, with governments investing heavily in national online learning infrastructures. Europe now accounts for nearly a third of edtech deals.
Owl’s international expansion, with a London hub and active investments across Asia, Europe, LATAM, and Africa, reflects our conviction that the future of education is not only borderless but interconnected.
With more than $2.2 billion in assets under management, global offices, and over 100+ portfolio companies, Owl Ventures remains the world’s largest venture capital firm dedicated to education technology—impacting more than 700+ million users worldwide.
M&A activity continues to accelerate, with a wave of consolidation and strategic partnerships in the past year. Cross-border acquisitions are fueling international scale, while partnerships between edtech companies and traditional institutions are creating new blended models of delivery. These dynamics signal a maturing market—one that is sustainable, resilient, and increasingly attractive to investors and operators alike.
Globally, the education and training market remains one of the fastest growing, on track to surpass $10 trillion by 2030.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
INTRODUCTION
Finally, AI has moved beyond experimentation to become foundational in classrooms, universities, and enterprises. The global AI in education market is projected to grow by more than $53 billion in the next decade, driven by adaptive tutoring, automated content creation, and workforce reskilling platforms. Educators are saving hours each week with AI copilots, while students are receiving personalized learning support at scale. AI is shifting routine tasks away from teachers, creating space for deeper focus on mentorship, critical thinking, and wellbeing. Looking ahead, we remain steadfast in our mission: to improve education outcomes at scale. The megatrends of AI, global digitization, and lifelong learning are not only reshaping education, but also guiding our investment strategy.
THE ROLE OF AI IN EDUCATION Education is entering one of the most profound transformations in its history, and artificial intelligence is at its core. What was once speculative is now routine: recent surveys show that 40% of US teachers favor the use of AI tools in K-12 schools and 32% of US teachers use AI tools weekly for lesson planning, grading, and differentiated instruction. In higher education, AI tutors, language supports, and research copilots are boosting productivity, while startups are scaling adaptive learning, career navigation, and credentialing platforms. The workforce dimension underscores the urgency. The World Economic Forum projects that 44% of workers’ skills will be disrupted within five years, intensifying demand for AI-enabled reskilling. For institutions, constrained budgets and accountability pressures make personalization, efficiency, and measurable outcomes the defining adoption drivers.
THREE CONVERGING FORCES MAKE 2025 AN INFLECTION POINT:
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
INTRODUCTION
Industry is aligning with policy. Leaders such as OpenAI, Microsoft, Google, and IBM are investing in large-scale professional development, free curriculum resources, and mentorship networks to build teacher capacity. The shift is empowering teachers with tools that extend equity, trust, and outcomes at scale. The White House’s AI in Education pledge unlocked hundreds of millions in new investment. Owl portfolio companies are at the forefront: Studyfetch partnered with NVIDIA as part of the White House’s AI in Education pledge, to create content offerings to meet the instructional needs of the US K-12 classrooms. The CHIPS & Science Act allocated $13 billion toward workforce reskilling, and Interplay Learning has been actively participating in White House and Department of Education convenings on workforce readiness.
For investors, this is not a cyclical trend but a structural shift. Education is at an inflection point where AI adoption is both inevitable and accelerating. The winners will be companies that partner with educators and institutions to responsibly embed AI into learning systems worldwide.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
INTRODUCTION
EMERGING TRENDS IN 2025
PRIORITIZING MENTAL HEALTH AND WELLBEING
CONSOLIDATED, DATA-DRIVEN PLATFORMS
The future of learning is integrated, not fragmented. Education systems are shifting from standalone tools to connected platforms that align curriculum, data, and operations. This convergence reduces friction across classrooms and institutions, accelerates intervention and decision cycles, and drives measurable gains in efficiency and learner outcomes. Owl portfolio company Kiddom exemplifies this shift, building coherent instructional ecosystems for districts nationwide.
Mental health has been recentered in educational infrastructure. Rising stress, disengagement, and digital overload are driving schools, universities, and employers to embed Social Emotional Learning (SEL) and wellbeing into core platforms. AI is increasingly used to monitor and support resilience at scale. Owl portfolio companies like Hazel Health, AnswersNow, and Panorama Education are making mental health and health care access integral to student and workforce success.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
EMERGING TRENDS
EMERGING TRENDS IN 2025
Global Expansion: MENA as a Gateway to Sub-Saharan Africa
Outcomes-Based Contracting
MENA is one of the fastest-growing edtech regions, fueled by sovereign wealth funds, AI literacy mandates, and national digitization agendas. With more than 60% of the population under 30˛, MENA is not only scaling rapidly but also serving as a launchpad for cross-border growth into˛ Sub-Saharan Africa and South Asia. Owl portfolio companies like Interplay Learning, uLesson, and Amira Learning are seizing this opportunity to reach young, mobile-first learners.
Procurement is shifting from inputs to results. Districts, universities, and employers are adopting contracts tied to measurable outcomes—such as skills mastery, graduation rates, or job placement. This model aligns incentives, rewards efficacy, and ensures accountability for public and private investment. Owl portfolio company Amira Learning has paved the way with performance-based contracts in literacy, signaling a durable move toward evidence-driven procurement.
Dr. Katie Jenner, Indiana’s Secretary of Education, and Dr. Scott Muri, Superintendent Emeritus of Ector County ISD (TX), testified before the Senate in September 2025, highlighting how the Outcomes-Based Contracting (OBC) model is being positioned as a lever for student success.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
EMERGING TRENDS
EMERGING TRENDS IN 2025
Workforce Education Surge via Nano-Credentials
EARLY-STAGE INNOVATION MEETS M&A CONSOLIDATION
As AI reshapes labor markets, modular and stackable nano-credentials are becoming essential to reskilling workers in weeks, not years. Platforms now map skills, personalize journeys, and verify outcomes at scale, offering rapid ROI for employers and affordable mobility for workers. Owl portfolio companies like Workera and StudyFetch are leading the way with AI-driven skill assessment and learning pathways.
Edtech is experiencing a dual dynamic: robust AI-first innovation at the seed and Series A level, alongside accelerating consolidation by larger players integrating content, distribution, and data. This signals a maturing market where experimentation fuels breakthroughs, while M&A scales proven solutions.
Acquired by Carlyle, Providence Equity
Acquired Wonderscope, and iStation
Acquired Little Otter and Acquired BeMe
Acquired Learnin
Acquired by Evergreen
Acquired Industrial Training International
Acquired GeeBee Education
Acquired Formative and Generation Genius
Acquired by Campus
Acquired Lingumi
Acquired Mesa Cloud and Class Companion
Acquired by ParentSquare
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
EMERGING TRENDS
Owl’s Approach to Outcomes Measurement
At Owl, we recognize that prioritizing impact is a fundamental requirement for building long-lasting businesses. We work with portfolio companies to measure impact in three primary areas: scale and access, diversity, and outcomes.
POST-SECONDARY AND CAREER MOBILITY
INTERNATIONAL
Internationally, alongside factors like household income and geography, access gaps are also attributed to cultural norms, religion, and caste or class systems. For example, in India, according to the latest census, there is a wide gap between rates of female literacy (65%) and male literacy (82%), which further widens in the rural parts of the country. In Latin America, the education gap mirrors the income gap between rich and poor. Where possible, our companies track comparison data on urban and rural populations served, including income levels of users, gender, and age ranges.
A 2019 McKinsey & Company study reported that labor-market outcomes vary across demographic groups and that Latinx and African American workers are four times more likely to hold “automatable” jobs. The same study also highlighted the nearly 11.5 million workers over 50 years of age who hold at-risk jobs. To allow education to serve as an equalizer, we encourage companies to collect data on measures such as gender, income level, level of education, cities their customers are from, and racial profiles for their customers, where possible.
Learner Scale And Access
To achieve greater equity and inclusion in education, there must be increased efforts to collect and analyze data on the most-excluded segments of the population. Owl works with companies to understand their customer profiles and to ensure that the products they are building have the ability to scale without locking out high-need communities. Within the US context, metrics to measure access differ by company sector, business model, and key stakeholders.
PRE-K-12
For example, a K-12 company that sells directly to schools and districts can report on the percentage of students who qualify for Free and Reduced Lunch (FRL: A proxy for poverty, based on family income) in customer districts, English Language Learners (ELLs) served, as well as demographic data of students by race. However, an early learning company that sells directly to customers may not be able to leverage FRL or ELL data to measure access. Instead, it might track access through the number of parents and communities served by geography, product price point, and types of devices its product is available on.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
EMERGING TRENDS
Owl’s Approach to Outcomes Measurement
OUTCOMES
Owl recognizes that each portfolio company addresses a unique challenge within the education market. As a result (similar to the way we think about access), we help each portfolio company identify and measure specific outcomes that are in line with its product goals.
We recognize different types of research are appropriate to determine effectiveness according to product type and development stage. Therefore, we encourage our portfolio companies to report their impact along a spectrum, from formative research to summative research. Using this spectrum, early-stage companies might showcase their impact through user testimonials and descriptive case studies; conversely, a more mature company will be able to provide rigorous research data, through participation in causal, comparative, or randomized controlled trial studies. At the core, we want to help companies answer one fundamental question: Does your product have a positive outcome for its intended users? Owl classifies companies in three primary-education-focused industries: pre-K-12, postsecondary education, and career mobility. The report is organized by these industries. For each company, you will find a description of the company; the company’s approach to measuring effectiveness; and its access and outcomes data, told via metrics and case studies.
DIVERSITY
The benefits of diversity are well-documented. Prioritizing diverse leadership and concrete HR policies are also crucial for employee retention, better decision-making, and strong work cultures. McKinsey & Company’s research found that companies in the top quartile for both gender and ethnic diversity in executive teams are on average 9 percent more likely to outperform their peers. In another study, researchers found when diverse teams of three or more people made a business decision, they outperformed individual decision-makers up to 87% of the time. Diverse teams were also shown to make decisions faster than individual workers, and they, too, benefited from a 60% improvement in decision-making.
At Owl, we recognize that lack of diversity in teams is a problem since homogenous communities are susceptible to groupthink and are less likely to voice the needs of the communities they hope to serve. As part of our annual diversity survey, we collect metrics such as gender, race, pay equity, and employee retention for women and persons of color for each of our portfolio companies, where applicable.
PRE–K–12
As an example, a pre-K-12 content company will measure its impact using outcomes, such as student achievement on standardized tests or socio-emotional skills developed; whereas other pre-K-12 companies might track metrics such as chronic absenteeism and teacher time saved.
POST-SECONDARY AND CAREER MOBILITY
A career-mobility company, on the other hand, will measure its impact using outcome metrics, like graduation rates, scholarships received, job-placement numbers, and salaries earned. These metrics are similar to those used by the career-mobility sector, which is focused on reskilling and upskilling.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
EMERGING TRENDS
THE OWL VENTURES TEAM
operations and portfolio services team
Investment team
RONA BALL
Lars Fjeldsoe-Nielsen
Kate Chhabra
Tom Costin
Hailey Carter
Ian Chiu
MaLvika Bhagwat
Brian Henspeter
Regina Lombardo
Teresa Lew
ROSA LEE
Shreyaa Khemka
Andrew Solomon
Amit Patel
Tory Patterson
Lyman Missimer
Joseph Vukel
Jessie WoOlley-WilsON
Jenny Wang
Allison Orzell
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
PORTFOLIO AT A GLANCE
PORTFOLIO AT A GLANCE
SCALE
18 m+
499 m+
767 m+
2 b+
100
1.4 m+
EDUCATORS
LEARNERS
USERS
TOTAL INVESTMENTS
K-12 SCHOOLS
TOTAL ASSETS UNDER MANAGEMENT
73 k+
149 k+
241
HIGHER EDUCATION INSTITUTIONS
EMPLOYERS
COUNTRIES
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
PORTFOLIO AT A GLANCE
PORTFOLIO AT A GLANCE
VAIA | STUDYSMARTER GENIALLY Labster
50 M+ 42 M+ 6.6 M+
Users served globally by Owl portfolio companies
EUROPE
103 M+
usa
ASIA
325 M+
331 M+
87 M+ 60 M+33 M+ 21 M+ 20 M+ 20 M+
NEWSELA QUIZLET Panorama Education KIDDOM Mighty Networks PARENTSQUARE
SplashLearn Classplus APNA LELE KETANG
110 M+ 100 M+ 56 M+ 55 M+
AFRICA
LATAM
2.7 M+
3.9 M+
ULESSON
2.7 M+
2 M+ 902 K+ 800 K+
HoytrabajasLetrus UBITS
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
PORTFOLIO AT A GLANCE
PORTFOLIO AT A GLANCE
ACCESS ACROSS THE K-12 PORTFOLIO
ACCESS ACROSS THE PORTFOLIO
Student of Color Average
TITLE I AVERAGE
41%
79%
57%
61%
ENGLISH LANGUAGE LEARNERS AVERAGE
STUDENTS OF COLOR AVERAGE
51%
56%
FREE REDUCED LUNCH STUDENTS AVERAGE
ENGLISH LANGUAGE LEARNERS Average
59%
27%
53%
10.6%
NATIONAL BENCHMARK
OWL PORTFOLIO
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
PORTFOLIO AT A GLANCE
PORTFOLIO AT A GLANCE
56%
Correlational
RESEARCH & EFFICACY Priorities
Examines relationships between two variables by comparing how changes in one variable correlate with another.
93%
Usability or feasibility studies
1:1 or group user testing to get feedback on product feature usability and product implementation processes.
44%
Quasi-experimental studies
Compare outcomes of a group that receives the intervention with outcomes of a group that did not receive the intervention. The sample selection is not randomized.
82%
28%
Pre/post data analysis
Conducting studies that measure change in outcomes by comparing data before and after the intervention was implemented.
Randomized control trials
Participants are randomly assigned to a control and intervention group before the intervention is administered. Then, the outcomes of the two groups are compared to measure the effects of an intervention.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
PORTFOLIO AT A GLANCE
PORTFOLIO AT A GLANCE
RESEARCH & EFFICACY Priorities
64%
92%
Companies that have worked with external research organizations to conduct research studies.
Companies that have engaged subject matter experts to get product feedback.
46%
71%
Companies that have a full-time staff member dedicated to outcomes and efficacy.
Companies that have a research basis for their product.
26%
38%
Companies that have applied for Federal funding and other grants to accelerate their efficacy work.
Companies that have developed an iterative logic model.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
PORTFOLIO AT A GLANCE
PORTFOLIO ALIGNMENT TO UN SUSTAINABLE DEVELOPMENT GOALS
1. NO POVERTY
4. QUALITY EDUCATION
5. GENDER EQUALITY
8. DECENT WORK AND ECONOMIC GROWTH
10. REDUCE INEQUALITIES
3. GOOD HEALTH AND WELL-BEING
As the largest EdTech-focused venture capital firm, Owl’s portfolio companies all contribute to improving access to high-quality education
Grant loans to students
Training opportunities to support productive employment
Inspire and create equal opportunities for all genders
Democratize access to healthcare
Increase access to income equality for low-income households
Financial inclusion for low-income households
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
PORTFOLIO ALIGNMENT TO UN SDG
KEY COMPANY OUTCOMES
10 b+
1 m+
23 k+
46%
10 b+ words read aloud by students worldwide with Amira.
23K+ teacher hours saved using Authentica.
46% more confidence in applying knowledge observed among learners using Class, compared to traditional video conferencing tools.
words
DOWNLOADS
TEACHER HOURS
MORE CONFIDENCE
1M+ downloads of the Bling app.
96%
668 m+
100%
100 k+
FAMILIES
Assessment Items
96% of families report AnswersNow's services are effective or very effective.
668M+ assessment items answered on BenchPrep in the past year.
PLACEMENT
100% placement of the initial nursing cohort through Borderplus.
CANDIDATES
100k+ candidates a year pass test and job prep exams with Classplus.
10%
9.8 m+
98%
> 30%
9.8 m+ teacher hours saved with Brisk Teaching.
Administrators
CANDIDATES
Teacher Hours
98% of administrators report that BetterLesson coaching positively impacted their teacher’s mindsets.
REDUCTION
>30% reduction in healthcare expenses within 3 months of start of the Complement1 coaching program.
10% of candidates successfully receive offers for jobs they apply for on Apna.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
KEY COMPANY OUTCOMES
KEY COMPANY OUTCOMES
67%
2x
20%
80%
HIGHER
IMPROVEMENT
INCREASE
67% increase in study hours in users using Galena, compared to the national average.
20% improvement in overall equipment efficiency with DeepHow.
80% of students using Hazel Health show clinically significant reductions in depression and anxiety, with greatest gains in severe cases.
STUDENTS
2x higher AP scores earned by Fiveable users.
700 m
27 m+
28 m+
89.6%
COURSES
POSTS
700 m courses completed on Degreed, the equivalent of 15M four-year degrees.
27 m+ posts shared on Fizz across American colleges.
GENIALLYS
28 m+ Geniallys have been created by teachers.
STUDENTS
89.6% of students reported issue-free exams using Honorlock.
344 k+
4.9 m+
800+
2.5x
344 k+ teacher hours saved with Derivita’s auto-grading feature.
4.9 m+ financial literacy lessons completed on Greenlight Level Up.
CAREER PATHWAYS
TEACHER HOURS
Teacher Hours
800+ career pathways for teens and young adults with Futre.
HIGHER RETENTION
2.5x higher retention rate than industry average for candidates hired through HoyTrabajas.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
KEY COMPANY OUTCOMES
KEY COMPANY OUTCOMES
$10 m+
5.4
9%
20 m+
PROFICIENCY INCREASE
MONTHS
SCHOLARSHIPS
20 m+ classes taught worldwide on LingoAce.
CLASSES
$10 m+ in scholarships secured by students through Leap.
5.4 months of additional learning and a 5.7x increase in students meeting early literacy benchmarks in one year with Ignite's Reading Program.
9% proficiency increase across all high school integrated math courses using Kiddom.
95%
50%
88%
STUDENTS
95% students saw improved exam scores with Lele.
95%
INCREASE
USERS
50% increase in learner retention for Merit America courses that use Kyron.
88% of users report a positive impact on their lives with MasterClass.
95% of employers saw a positive impact on their business since they began using Interplay.
EMPLOYERS
92%
10%
90%
$500 m+
10% average grade improvement after 3 activities by 12th-grade equivalent students using Letrus.
STUDENTS
SCHOOLS
GRADE IMPROVEMENT
90% of surveyed students reported that Labster increased their confidence in experimental science.
GENERATED
$500 m+ generated by Mighty Networks hosts last year.
92% of schools that tried Jotit extended or expanded their activity in the 2024-25 school year.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
KEY COMPANY OUTCOMES
KEY COMPANY OUTCOMES
1 b+
26
100%
POINT INCREASE
MONTHS
QUESTIONS
100% certification pass rate among SkillTrade graduates.
CERTIFICATION
1 b+ questions answered by users every week on Quizlet.
4 additional months of literacy growth for students completing Newsela quizzes 2x weekly.
26-point increase in Panorama users reading at grade level at an Illinois school district.
16%
99%
100+
2.4 b+
China's Fortune 500 companies
RENEWAL RATE
99% of school districts renew their ParentSquare contract annually.
16% of China’s Fortune 500 companies are serviced by Sanjieke.
CREDENTIALS
PROBLEMS
100+ credentials launched with Noodle’s partner institutions.
2.4 b+ problems answered on Splashlearn.
96%
2.5 k+
70 k+
30%
30% average increase in outbound response rates for Starbridge users.
70 k+ tutors earn by teaching on Preply every month.
TUTORS
USERS
TRAINING HOURS
INCREASE
96% of Novakid users improve their English within 6 months.
2.5 k+ training hours saved by Schemata.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
KEY COMPANY OUTCOMES
KEY COMPANY OUTCOMES
100%
92%
25 m+
$4.5 b+
RETENTION
ASSETS
STUDENTS
25 m K-12 lessons watched by learners with uLesson education.
K-12 LESSONS
100% students received hands-on learning with coding concepts on Thunkable.
$4.5 b+ assets set aside by Stash users.
92% retention rate for candidates onboarded through SV Academy.
96%
91%
92%
USERS
96% of Vaia | Studysmarter users see grade improvement.
94%
EMPLOYEES
STUDENTS
92% students who use Studyfetch regularly see grade improvements.
91% of employees feel significantly less stressed when their children use ubiMaster.
JOB FILL RATE
94% job fill rate across 6K+ schools with Swing Education.
15%
15% reduction in overall annual employee turnover with WelcomeTech.
REDUCTION
2.8 k+
87%
15.2 m
15.2 m steps taken on Thrive towards healthy habit formation.
TUTORS
TEACHER HOURS
USERS
87% of users experience greater confidence after UBITS learning.
2.8 k+ teacher hours saved per school with Subject.
7.5 m+
SKILLS
7.5M+ skills verified on Workera for organizations worldwide.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
KEY COMPANY OUTCOMES
DIVERSITY METRICS AT A GLANCE
OWL VENTURES TEAM – PARTNER AND EQUIVALENT
OWL VENTURES TEAM DATA
55%
44%
WOMEN
WOMEN
GENDER
GENDER
52%
56%
MEN
MEN
40%
44%
AAPI
AAPI
11%
5%
Black/African American
Black/African American
RACE
RACE
45%
33%
WHITE
WHITE
10%
11%
TWO OR MORE RACES
TWO OR MORE RACES
INDUSTRY BENCHMARK | SOURCE: DELOITTE
INDUSTRY BENCHMARK | SOURCE: DELOITTE
PEOPLE OF COLOUR: 30%
WOMEN: 47%
WOMEN: 21%
PEOPLE OF COLOUR: 25%
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
DIVERSITY METRICS
DIVERSITY METRICS AT A GLANCE
OWL PORTFOLIO – BOARD OF DIRECTORS DATA
OWL PORTFOLIO – FOunder and CEO DATA
11%
18%
WOMEN
WOMEN
GENDER
GENDER
89%
82%
MEN
MEN
34%
28%
AAPI
AAPI
4%
12.5%
Black/African American
hispanic/Latinx
5%
46%
RACE
RACE
hispanic/Latinx
WHITE
57%
6%
WHITE
TWO OR MORE RACES
3%
1.5%
TWO OR MORE RACES
4%
Prefer Not to disclose
INDUSTRY BENCHMARK | SOURCE: RATEMYINVESTOR
INDUSTRY BENCHMARK | SOURCE: HIM FOR HER
PEOPLE OF COLOUR: 28.4%
WOMEN: 10.7%
WOMEN: 17%
PEOPLE OF COLOUR: 24%
Prefer Not to disclose
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
DIVERSITY METRICS
PRE K-12
Amira Learning
LELEKETANG
AnswersNow
Letrus
Authentica Solutions
LingoAce
BetterLesson
Linus
BLING
Newsela
BRISK TEACHING
Novakid
DERIVITA
Panorama Education
DeweyLearn
ParentSquare
Fiveable
SplashLearn
Futre
STARBRIDGE.AI
Genially
Subject
Greenlight
SWING EDUCATION
Hazel Health
THUNKABLE
Ignite Reading
ubiMaster
JotIt
uLesson
Kiddom
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
PRE K-12
SCALE
PAIN
3.5 k
40 k+
4 m+
Amira is an AI-powered reading assistant that provides tutoring, assessment, and instruction rooted in neuroscience and reading science to help K-8 students.
SCHOOLS
EDUCATORS
Students
A global literacy crisis means too many students lack crucial reading skills, hindering their learning and life chances.
MARK ANGEL
CEO
ACCESS
67%
60%
Student Literacy
SOLUTIoN
Focus
TITLE I SCHOOLS
FREE REDUCED LUNCH
2018
FOUNDED
Amira's AI delivers instant, personalized feedback and tutoring, empowering students to dramatically accelerate reading mastery.
Mark Angel and Pete Jungwirth
CO-FOUNDERS
32%
60%
NOTABLE CO-INVESTORS
Authentic Ventures, Vertical Venture Partners, Houghton Mifflin Harcourt
ENGLISH LANGUAGE LEARNERS
STUDENTS OF COLOR
OUTCOMES
Named Fast Company’s Most Innovative Education Company
>300%
Greater reading gains for Houston ISD students using Amira compared to non-users.
13
Percentile reading gain demonstrated by Louisiana first graders using Amira.
Acquired Istation
Partnered with Anthropic
OWL VENTURES INVESTMENT
2024
2025
2025
2014
AMIRA LEARNING
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
CASE STUDY
Amira’s Impact Across the US
Clayton County Public Schools Validates Amira’s Role in Accelerating Literacy Growth
Clayton County Public Schools (CCPS), Georgia’s sixth-largest district, serves over 52,000 students—98.5% students of color and 62.5% economically-disadvantaged. CHALLENGE Facing widening early literacy gaps post-pandemic, CCPS sought a scalable, evidence-based solution grounded in the Science of Reading. SOLUTION CCPS adopted Amira Assess and Tutor districtwide to deliver real-time diagnostics and personalized, curriculum-aligned practice. Tara Elementary served as a model site, integrating Amira into daily routines with support through self-paced onboarding, tailored professional development, and regular data reviews with a dedicated success manager.
RESULTS
Amira enabled CCPS to scale effective, equitable literacy support across all elementary schools. By pairing intelligent tutoring with the Science of Reading, the district demonstrated measurable gains and year-round engagement.
AMIRA LEARNING
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
60 k+
631
AnswersNow provides telehealth services in ABA therapy and parent training. Accessible, highly-qualified experts deliver clinical support and focused care models.
THERAPY HOURS
Students
Traditional autism therapy models often struggle with low client engagement, lengthy wait times, and limited access and clinical efficacy.
Jeff Beck
OUTCOMES
CEO
96%
Families report services are effective or very effective.
82%
Clients who improved on at least one Vineland domain.
Telehealth
SOLUTIoN
Focus
2018
FOUNDED
AnswersNow’s BCBA-centric care model and proprietary digital platform enhances patient access and delivers effective, direct therapy.
Jeff Beck and Adam Dreyfus
CO-FOUNDERS
Left Lane Capital and Blue Heron Capital
NOTABLE CO-INVESTORS
CASE STUDY
From Non-Verbal to Independent
A five-year-old came to AnswersNow with significant communication, behavioral, and safety challenges, requiring a caregiver-mediated ABA approach to build communication, toileting, compliance, and safety skills. AnswersNow’s caregiver-mediated model empowered the clinician and family to implement Functional Communication Training, a systematic toilet-training protocol, and behavior-reduction plans, supporting progress during and beyond BCBA sessions.
Signed Fidelis Value-Aligned Contract
Drafted outcomes white paper
Partnered with Clemson University
OWL VENTURES INVESTMENT
2025
2025
2025
2024
ANSWERSNOW
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
4.2 k+
88 k+
557 k+
Authentica Solutions empowers education institutions with actionable intelligence to deliver equitable quality education to all learners.
SCHOOLS
EDUCATORS
Students
Educational institutions and partners struggle with fragmented data systems and managing data efficiently for actionable insights.
Russell Long
CEO
ACCESS
51%
52%
K-12 and Higher Education
SOLUTIoN
Focus
TITLE I SCHOOLS
FREE REDUCED LUNCH
2013
FOUNDED
Authentica Solutions’ Education Intelligence platform connects siloed systems and delivers AI-ready analytics to turn complex data into informed action.
Russell Long and Gene Garcia
CO-FOUNDERS
60%
80%
NOTABLE CO-INVESTORS
EduLabs Capital Partners
Special Education Students
STUDENTS OF COLOR
OUTCOMES
Signed CDW, CampusWorks, and BetterLesson as Resellers
Recognized as a Top 10 finalist for the inaugural Global EdTech Prize
Launched sprout™ and reach™ analytics
23 k+
Hours saved for teachers.
OWL VENTURES INVESTMENT
2025
2025
2025
2024
AUTHENTICA SOLUTIONS
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
1.2 k+
95.6 k+
3.8 m+
BetterLesson helps states, districts, and schools build academically rigorous pathways, increase post-secondary readiness, and optimize district resources.
SCHOOLS
EDUCATORS
Students
Educators and leaders lack the support to improve outcomes, deliver high-quality instruction, build leadership capacity, and align resources to strategic priorities.
Matthew Kennard
ACCESS
CEO
67%
57%
SOLUTIoN
K-12 Teaching and Learning
Focus
TITLE I SCHOOLS
FREE REDUCED LUNCH
BetterLesson delivers system-wide, data-driven support to empower teachers and superintendents to implement strategic plans and improve student outcomes visibly, measurably, and sustainably.
2008
FOUNDED
Alex Grodd and Erin Osborn
14%
CO-FOUNDERS
59%
NOTABLE CO-INVESTORS
Reach Capital, Michael and Susan Dell Foundation
ENGLISH LANGUAGE LEARNERS
STUDENTS OF COLOR
OUTCOMES
97%
Educators and leaders say Learning Walks improved outcomes.
98%
Administrators report that BetterLesson coaching improved teacher mindsets.
Key Partnerships
Acquired Abl
Earned ESsa iii certification
OWL VENTURES INVESTMENT
2020-25
2023-24
2017
2025
BETTERLESSON
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
CASE STUDY
RESULT
- Leaders implemented strategies to close performance gaps.
Between the cohorts of 2021 and 2024, PPS students taking three or more years in a single career pathway increased from 28%-37% (a 9-percentage point increase). District leaders and secondary school administrators are working to expand CTE Pathways for student access to AP and IB courses and broaden their portfolio of college dual credit courses.PORTLAND PUBLIC SCHOOLS MAXIMIZES RESOURCES THROUGH STRATEGIC SCHEDULING
“I think all school leaders are interested in figuring out how to make our commitments to students tangible and operational. How do we actually make improvements? This is the answer: data-driven analysis, intelligent scheduling, and policy and practice adjustments in order to increase student success in high school and beyond.” – Dr. Filip Hristić, Senior Director for High School Academics
CHALLENGE Portland Public Schools (PPS), Oregon’s largest district, aimed to boost college and career readiness but relied on outdated, manual scheduling systems. These scheduling systems consumed hundreds of staff hours, reinforced inequities in advanced coursework access, and lacked strategic use of data. The COVID-19 pandemic exposed and intensified these inefficiencies, creating urgency for more flexible, equitable, and recovery-focused scheduling approaches. SOLUTIONS PPS adopted Abl’s Academic Schedule Optimizer and Educational Opportunity Analysis (now Integrated Insights by BetterLesson) to transform both scheduling and strategic planning.
These tools helped:
- Identify inequities in course access.
- Predict college/career readiness using AIM (Academic Intensity Measure).
- Support site-level goal setting and coaching.
- Empower counselors to proactively enroll students in advanced coursework.
Together, these solutions enabled the district to turn data into decisions, streamline scheduling, and target interventions to close opportunity gaps.BETTERLESSON
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
GETTING TO KNOW BLING BETTER
How do you envision your product creating a positive impact on individuals, businesses, or society as a whole?
PAIN
Bling is a super app that improves financial literacy for families, particularly children and young people.
Bling helps families stay organized and financially literate, while empowering kids to build independence, financial responsibility, and actively participate in daily family life.
Kids shop online earlier than ever–parents feel unprepared to guide financial habits and schools provide limited financial literacy.
Nils Feigenwinter
What metrics or key performance indicators (KPIs) do you track or plan to track to measure the impact of your product?
CEO
Financial Literacy
SOLUTIoN
Focus
Key KPIs: 1. Retention Rates 2. Paying Rates, including: Average Paying Rate and Weekly Active Paying Family Rate
2021
FOUNDED
Bling provides a prepaid card, real-time tracking, and built-in financial education to help families build healthy money habits.
Nils Feigenwinter andLeon Stephan
CO-FOUNDERS
NOTABLE CO-INVESTORS
General Catalyst and Peak Capital
What metrics or key performance indicators (KPIs) do you track or plan to track to measure the impact of your product?
At inception, Bling established an education board of finance and education experts to ensure the best possible empowerment for our users.
SCALE
1 m+
350 k+
CASE STUDY
APP DOWNLOADS
FAMILIES
“Dad, I Feel So Cool” – Bling Redefines Kids’ Financial Education
BLING
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
167
600 k+
2.5 m+
Brisk Teaching is an AI-powered browser extension that helps teachers automate their workload.
COUNTRIES
STUDENTS
USERS
Teacher burnout and shortages are an existential threat to schools.
Arman Jaffer
CEO
ACCESS
K-12 Teacher Tool
SOLUTIoN
Focus
60+
LANGUAGES
FOUNDED
2023
Brisk automates workload to save time on feedback, content development, assessment, and differentiation, lightening teacher workload and giving them time for themselves and their students.
Arman Jaffer
FOUNDER
NOTABLE CO-INVESTORS
Bessemer Venture Partners
OUTCOMES
10 hrs
Average returned time per teacher.
9.8 m
Teacher hours saved.
Won 1st Place for Most Innovative Startup at ASU+GSV Summit
Launched Microsoft integration
OWL VENTURES INVESTMENT
2025
2025
2024
BRISK TEACHING
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
CASE STUDY
BARBERS HILL ISD SCALES THOUGHTFUL AI ADOPTION DISTRICT-WIDE
CHALLENGE Barbers Hill ISD sought to introduce AI tools that would enhance teaching while seamlessly fitting into instructional routines. With nearly 8,000 students and over 600 teachers across eight campuses, the district needed a simple, unobtrusive solution that could make a real, lasting impact. SOLUTIONS The district implemented Brisk through a phased approach that prioritized engagement with both teachers and the community. Brisk’s seamless integration with Google Workspace allowed for educators’ tools like Google Docs, Slides, and YouTube to be used without disruption or platform fatigue. Educators used Brisk to improve and streamline instruction, feedback, and support for multilingual learners.
RESULTS Brisk enabled broader teacher adoption of AI, making inroads even with hesitant educators. Teachers reported increased efficiency and instructional support, while improving student engagement across the board. AI became a trusted instructional ally, not a distraction.
“Brisk has streamlined my workflow tremendously. I can now focus more on actual teaching and less on managing technology or finding tutorial content for my students. The data analytics feature has given me unprecedented insights into each student's progress, allowing me to provide timely, targeted support.” – Kristy Francis, 8th grade Curriculum and Instruction Team Lead.
“Some of those who were resistant to AI are now taking the charge. Brisk is empowering teachers who are sometimes more hesitant to try some of the hard things… It's making them feel so comfortable that they're able to use it in their classroom and then also teach other teachers about it. I think it just shines the value of how easy it is to use and how it's making them feel empowered.” – Brianne Brandt, a Technology Integration Coach.
BRISK TEACHING
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
455
11.7 k+
412.5 k+
Derivita is an AI-powered math and assessment engine that enables any LMS to support high-quality, rigorous math instruction at scale.
INSTITUTIONS
EDUCATORS
Students
US students continue to underperform in math because teachers lack tools to scale high-quality instruction.
Devlin Daley
CEO
ACCESS
US K-12 Education
SOLUTIoN
Focus
2017
FOUNDED
42%
Derivita embeds AI-powered math content, tools, and analytics seamlessly in the LMS—enhancing the existing instructional workflow.
Devlin Daley and Ryan Brown
CO-FOUNDERS
FREE REDUCED LUNCH
NOTABLE CO-INVESTORS
Reach Capital and Valhalla Foundation
OUTCOMES
>18%
Point gains in Algebra I test scores.
344 k+
Teacher hours saved by auto-grading 62M questions.
Announced strategic integration with Texas Instruments
Announced AI-Powered Predictive Impact Analytics
Built Professional Learning Community (PLC) support into product
OWL VENTURES INVESTMENT
2025
2025
2024
2025
DERIVITA
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
CASE STUDY
SCALING MATH ACHIEVEMENT FROM CLASSROOM AND SCHOOL TO DISTRICT AND STATE WITH DERIVITA
CHALLENGE Districts across Utah faced the dual challenge of improving math outcomes while navigating tight budgets and fragmented edtech ecosystems. Educators needed a way to deliver rigorous instruction, personalized feedback, and real-time insights—without adding platform fatigue or administrative burden. SOLUTIONS Utah leveraged Derivita, a math platform approved by the Utah Education Network (UEN) and the Utah STEM Action Center. Derivita directly integrates into existing LMS platforms, enabling teachers to deliver standards-aligned instruction, streamline grading, and track student progress—all from within the tools they already use.
RESULTS Since 2021, usage has grown more than 365%, spanning over 190 schools and more than 80% of Utah districts—from large urban systems to small rural communities. Derivita helped schools improve Median Growth Percentile (MGP)—a key equity-aligned metric:
Utah’s standout performance on the 2024 National Assessment of Educational Progress (NAEP) provides important context for Derivita’s statewide growth:
DERIVITA
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
GETTING TO KNOW DEWEYLEARN BETTER
How do you envision your product creating a positive impact on individuals, businesses, or society as a whole?
PAIN
DeweyLearn leverages multimodal AI to enhance the learning experience and impact through instructional feedback and student learning analysis.
DeweyLearn strengthens the feedback loop between learners and educators, making it easier to generate actionable insights that drive deeper understanding, engagement, and learning outcomes.
Physical and online learning environments generate rich data about instruction and students, but missed key insights often limit feedback and learning impact.
Luyen Chou
Can you share any early feedback or testimonials from users/customers who have experienced the impact of your product?
CEO
Educators describe DeweyLearn as “powerful,” “transformative,” and “beyond what human teachers can do.” Early users highlight its ability to deliver authentic, actionable insights that strengthen teaching practice and student learning.
K-12 Learning Analytics
SOLUTIoN
Focus
2024
FOUNDED
DeweyLearn analyzes multimodal data against rubrics, providing precise, actionable feedback that improves teaching effectiveness and student learning across environments.
Luyen Chou and Dirk Liebich
CO-FOUNDERS
Have you tested your product in real-world settings? What insights or outcomes emerged from that experience?
NOTABLE CO-INVESTORS
Array Education, Banyan Seed Ventures, and Triumph Higher Education
Real-world pilots have shown that co-developing rubrics and prompts with customers ensures AI insights reflect authentic learning environments.
With Meteor Education, DeweyLearn integrated multimodal AI into K–12 learning space design, enhancing instructional practice and student engagement. READ MORE.
With Meteor Education, DeweyLearn integrated multimodal AI into K–12 learning space design, enhancing instructional practice and student engagement. READ MORE.
DEWEYLEARN
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
GETTING TO KNOW FIVEABLE BETTER
How do you envision your product creating a positive impact on individuals, businesses, or society as a whole?
PAIN
Fiveable helps every student feel confident and prepared for their next test.
Students who are more confident in their academic abilities will strive for more academic and professional success, which will open doors for more equitable opportunities.
Students are overwhelmed by how much content they must study.
Amanda DoAmaral
CEO
What metrics or key performance indicators (KPIs) do you track or plan to track to measure the impact of your product?
SOLUTIoN
K-12 and Higher Education
Focus
Fiveable measures shifts in student confidence from first use to exam day, alongside score gains. Students using Fiveable achieved 2x higher AP scores.
2018
FOUNDED
Fiveable simplifies what students must know with organized, easy-to-read study guides.
NOTABLE CO-INVESTORS
USV, BBG, Metrodora, and Serena Ventures
What steps have you taken to ensure that your product is accessible and inclusive, considering factors like affordability, usability, and addressing diverse user needs?
Fiveable is accessible in UX/UI for reading, content is inclusive of diverse perspectives, and it is a low-cost product with financial aid options.
SCALE
12 m+
How do you ensure that your product aligns with educational standards and curriculum requirements?
Students
Fiveable is aligned to college board course descriptions, standard learning objectives, and popular textbooks.
FIVEABLE
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
GETTING TO KNOW Futre BETTER
How do you envision your product creating a positive impact on individuals, businesses, or society as a whole?
PAIN
Futre is a research-aligned technology platform that empowers people ages 15 to 25 to launch fulfilling lives with the aid of personalized, data-driven insights.
Futre guides teens and young adults through 800+ career pathways, opening routes to high-paying, degree-free jobs. By helping them build purposeful lives, Futre strengthens communities and drives economic growth.
Young people lack structured and readily available career guidance from an early age, which impacts their future careers.
Diane Tavenner
CEO
Have you tested your product in real-world settings? What insights or outcomes emerged from that experience?
K-12 & Workforce Development
SOLUTIoN
Focus
2023
FOUNDED
Futre has been tested across 8 states and dozens of schools, with user feedback guiding ongoing development. The key insight: strong demand for data that is presentable, trustworthy, and easy to understand.
Futre translates real-world, data-backed insights into careers and educational pathways, allowing for informed decisions about students’ futures.
Cindy Wang and Diane Tavenner
FOUNDER
NOTABLE CO-INVESTORS
GSV, CSGF, Cambiar, and Learner Studio
How do you ensure your product is accessible, inclusive, and aligned with educational standards and curriculum requirements?
Futre constantly tests with disadvantaged students and those with special needs, incorporating feedback, while formal advisor Dr. David Yeager ensures alignment with learning science, educational standards, and curriculum requirements.
FUTRE
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
189
25 m+
42 m+
Genially is a tool for creating interactive, and animated content and incredible communication experiences easily and quickly in corporate and educational contexts.
COUNTRIES
STUDENTS
USERS
Interactive and engaging content that stimulates critical thinking and connects teachers with students is crucial to generate, yet difficult and expensive.
JUAN RUBIO
CEO
OUTCOMES
SOLUTIoN
Corporate Learning Higher Education (HED) K12
Focus
8 m+
37 m+
Created by professionals
Educators have created 5+ gamified digital resources.
Genially offers an all-in-one solution with endless possibilities, making interactive content creation fun, simple, and accessible.
2015
FOUNDED
Juan Rubio, Chema Roldán, and Luis García
CO-FOUNDERS
NOTABLE CO-INVESTORS
645 Vetures, JME Ventures, MOC, FJ Lab, and GP Bullhound
Launched interviews focused on eLearning & EdTech
Achieved SOC 2 Type II certification
Recognized in DELOITTE TECHNOLOGY FAST 50 PROGRAMME
CASE STUDY
Key Awards
OWL VENTURES INVESTMENT
How one of the leading universities in Latin America revolutionized its digital learning ecosystem with Genially
2023-24
2025
2021
2025
2025
GENIALLY
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
6.75 m+
Greenlight is the #1 family finance and safety app, helping families manage money and stay safe with tools for all ages.
USERS
Families need a better way to manage money—teaching kids and supporting aging parents with financial oversight and safety.
TIM SHEEHAN
OUTCOMES
CEO
$135 m+
Invested by Greenlight families.
$785 m+
Saved by Greenlight kids and teens.
Family Financial Services
Focus
SOLUTIoN
FOUNDED
2014
Greenlight provides families with tools to manage money, offering oversight, education, and safety features for kids and seniors.
Tim Sheehan and Johnson Cook
CO-FOUNDERS
CASE STUDY
NOTABLE CO-INVESTORS
Andreessen Horowitz, JPMorgan Chase, Wells Fargo Strategic Capital
Greenlight Builds Financial Skills That Last
Greenlight’s national financial attitudes survey revealed that financial stress begins as early as age 14, with 91% of kids and teens and 94% of parents agreeing that financial skills are essential to achieving life goals. With empowerment through financial literacy at its core, Greenlight developed Level Up, a curriculum-based financial literacy game. Kids who complete Level Up save 40% more, are over 3x more likely to set savings goals, and more than 2x more likely to invest.
Launched core K–12 financial learning tools
Launched In-app AI education chat assistant
Partnered with U.S. Bank
OWL VENTURES INVESTMENT
Launched Family Shield
2023
2024
2021
2025
2025
GREENLIGHT
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
6 k+
20 k+
5.5 m+
Hazel Health is the largest and most trusted provider of school-based telehealth services in the United States.
SCHOOLS
EDUCATORS
Students
The lack of equal access to pediatric healthcare significantly contributes to disparities in educational outcomes.
Iyah Romm
CEO
ACCESS
64%
64%
K-12 Student Literacy
SOLUTIoN
Focus
TITLE I SCHOOLS
FREE REDUCED LUNCH
2015
FOUNDED
Hazel Health transforms schools into an accessible front door to pediatric healthcare so all students have the opportunity to thrive.
Nick Woods andDr. Rob Darzynkiewic
CO-FOUNDERS
52%
NOTABLE CO-INVESTORS
Tao Capital, Bain Capital,and Fiore Ventures
STUDENTS OF COLOR
OUTCOMES
Named in Fast Company’s Most Innovative Companies
Partnered with United Healthcare
Released Third-party analysis of outcomes
80%
Hazel students complete treatment plans, compared to 40% in traditional outpatient settings.
40%
Children with behavioral health needs in Hazel districts that receive care, 2x the national rate.
Announced state-sponsored deals
OWL VENTURES INVESTMENT
2023
2024
2019
2024
2024-25
HAZEL HEALTH
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
CASE STUDY
Duval County Public Schools: Expanding Access to Mental Health Through Telehealth
Duval County Public Schools (DCPS) is the 6th largest district in Florida, serving 128K+ students, 53% of whom are economically disadvantaged. CHALLENGE In recent years, particularly following the COVID-19 pandemic, many DCPS students have turned to unreliable sources like AI chatbots or social media for physical and mental health support. This highlighted a critical gap in accessible, high-quality mental health care. DCPS recognized the need for an innovative, scalable, stigma-free, and accessible solution to address absenteeism, behavioral incidents, and high-acuity student needs.
SOLUTION DCPS embedded Hazel Health’s teletherapy into its multi-tiered system of support (MTSS), ensuring in-school and at-home access to licensed providers.Services prioritized:
RESULTS BEHAVIOR
- 52% reduction in incidents post-therapy
- 45% fewer incidents compared to peers
- 21% drop in severe cases (3+ referrals in 100 days)
ATTENDANCE“The innovation of telehealth allows students to access care through a channel where they were already seeking care—online. It provided them access to safe, clinically-proven care from a diverse team of licensed professionals.” - Katrina Director of Bevahioral Health, DCPS
HAZEL HEALTH
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
433
19.6 k+
Ignite Reading delivers one-to-one virtual tutoring that teaches students the foundational reading skills they need to become confident, fluent readers.
SCHOOLS
Students
67% of 4th graders are not proficient readers. The root cause is foundational reading skills— which require differentiated instruction.
Jessica Sliwerski
CEO
ACCESS
75%
100%
Literacy
SOLUTIoN
Focus
STUDENTS OF COLOR
FREE REDUCED LUNCH
2020
FOUNDED
Ignite Reading’s one-to-one foundational reading skills tutoring gives students differentiated instruction needed to become fluent readers.
Jessica Sliwerski and Evan Marwell
CO-FOUNDERS
30%
18%
NOTABLE CO-INVESTORS
Rethink Capital, Goldman Sachs Impact Fund, Emerson Collective, and College Board
ENGLISH LANGUAGE LEARNERS
Students with IEP or 504 Plans
OUTCOMES
Awarded Newsweek Certification as a Most Loved Workplace®
Launched the Ignite Reading Platform
76%
Students closed grade 1 reading gaps in less than 9 months.
89%
Students closed kindergarten reading gaps in less than 9 months.
Launched Virginia Program
Expanded to 22 states
OWL VENTURES INVESTMENT
2023
2024
2024
2025
2025
IGNITE READING
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
CASE STUDY
BOOSTING FIRST-GRADE LITERACY WITH VIRTUAL TUTORING: THE IMPACT OF IGNITE READING IN MASSACHUSETTS
Massachusetts districts have faced persistent early literacy gaps, especially in schools with high concentrations of students in poverty. Schools struggled to deliver differentiated, data-driven support for struggling readers, with individualized instruction limited by capacity constraints. Districts needed a scalable, high-impact solution that could incorporate the Multi-Tiered Systems of Support (MTSS) framework. In the 2023–24 school year, 13 Massachusetts school districts utilized Ignite Reading to deliver 1:1 virtual tutoring to 1,800+ first-graders. The program used progress-monitoring data, foundational skills instruction, and structured protocols grounded in Science of Reading principles.
An independent evaluation by Johns Hopkins University showed significant literacy gains across all student groups, particularly among Black students and English learners. These results highlighted Ignite Reading’s effectiveness as a tool for closing early literacy gaps. Ignite Reading students saw:
“As a principal, I appreciate the training our Ignite tutors receive, the precision and consistency in which the program is executed, and the responsiveness of the Ignite Administrative Team if any issues arise. I also appreciate the intelligence of the Ignite (literacy specialist) when it comes to analyzing data and making connections to barriers that students may be encountering so we can address them in a timely manner.” – School principal
IGNITE READING
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
OUTCOMES
78%
92%
Schools that tried Jotit extended or expanded their activity in the 2024-25 school year.
Students that reported significant improvement in organization with Jotit.
PAIN
Jotit brings handwriting and annotation back to the forefront of education in the digital age.
Handwriting and digital learning are disconnected in the modern classroom.
David Bleicher
CEO
CASE STUDY
Classroom Tools
SOLUTIoN
Focus
2022
FOUNDED
Jotit transforms any Chromebook or tablet into an intelligent hub, combining the natural flow of handwriting with AI-powered feedback and seamless organization.
Handwriting Meets High Tech
Yuval Chomski, Dr Aric Katz, and David Bleicher
CO-FOUNDERS
David Bleicher joins Edtech Insiders to share Jotit’s mission: blending handwriting, AI, and multimodal tools to enhance learning, empower teachers, and redefine digital classrooms.
NOTABLE CO-INVESTORS
Two Lanterns VC, Good Company VC, Dr Kadar, and MindCET Capital
Selected for Google for StartUps Growth Academy
Launched Canvas LMS and iPad iOS versions
Expanded US presence
OWL VENTURES INVESTMENT
2025
2025
2024
2025
JOTIT
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
15 k+
Kiddom is the first Learning Intelligence Technology streamlining teaching and learning to ensure it stays rich, rigorous, and human.
SCHOOLS &DISTRICTS
Educators lack aligned, reactive, outcome-driven curricula, resulting in wasted time creating materials that inadequately serve students.
Ahsan Rizvi
CEO
ACCESS
46%
45%
K-12 Classroom OS
SOLUTIoN
Focus
TITLE I SCHOOLS
FREE REDUCED LUNCH
2015
FOUNDED
Kiddom delivers high-quality instructional materials (HQIM) with Learning Intelligence Technology to enable effective planning, delivery, and reporting.
Ahsan Rizvi and Abbas Manjee
CO-FOUNDERS
47%
NOTABLE CO-INVESTORS
Khosla Ventures, A-Street, and Altos Ventures
STUDENTS OF COLOR
OUTCOMES
Launched agentic features for HQIM
Launched AI-enabled curriculum
Approved for NYC Reads curriculum mandate
8%
Increase in ELA proficiency across Grades 3-8 post-adoption.
9%
Proficiency increase across all high school Integrated Math courses.
OWL VENTURES INVESTMENT
Introduced AI Features
2024
2017
2025
2025
2025
KIDDOM
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
CASE STUDY
Significant ELA Gains in Robeson County with EL Education Powered by Kiddom
ELA Proficiency Growth for Economically Disadvantaged Students, Grades 3–5
CHALLENGE Robeson County Schools, a rural North Carolina district serving ~21K students across 37 schools, needed to improve ELA outcomes for all students while ensuring equitable access to high-quality instructional resources. Nearly 90% of students identify as a racial/ethnic minority, and 68% qualify for free or reduced lunch; the district faced systemic challenges in literacy achievement. SOLUTIONS For the 2022–23 school year, the district implemented EL Education Powered by Kiddom across all schools. Kiddom’s platform enhanced usability for teachers of all experience levels, enabling evidence-based curriculum delivery with fidelity and confidence.
RESULTS Economically disadvantaged students in Grades 3-5 saw notable ELA gains following full adoption, with proficiency increases ranging from 5.8% to 6.5% across all three grades. These gains demonstrate meaningful academic growth among traditionally underserved students and highlight Kiddom’s ability to increase access and impact for all learners.
24.1
+ 5.8%
GRADE 3
29.9
25.1
+ 6.5%
GRADE 4
31.6
16.6
+ 6.5%
GRADE 5
23.1
24
16
32
PERCENT PROFICIENT
2021-22 SY (PRE-ADOPTION) 2023-24 SY (FULL ADOPTION
KIDDOM
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
70 k+
500 k+
55 m+
Lele Academy began in 2014, providing equal access to quality education resources for Pre K-12 students in China via an online platform.
SCHOOLS
EDUCATORS
Students
There is significant inequality in China's education system, with a highly imbalanced distribution of educational resources.
YING MARVIN MAO
CEO
ACCESS
PreK-12 Content and Service Platform
SOLUTIoN
Focus
40%
By using data-driven, structured, and high-quality content, we ensure that children have equal access to better educational resources.
FOUNDED
2014
English Language Learners
Dalun Xu and Ying Marvin Mao
CO-FOUNDERS
NOTABLE CO-INVESTORS
New Oriental Education & Technology Group, 5Y Capital (Morningside Capital)
OUTCOMES
10%
95%
Lele students improved their exam scores
Average grade improvement
Launched AI application
Expanded to the Lele Study Tablet
Started Lele Online Academy
OWL VENTURES INVESTMENT
2020
2022
2024
2018
LELE KETANG
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
5.5 k+
16.8 k+
886 k+
Letrus is an educational program dedicated to improving literacy and language development.
SCHOOLS
EDUCATORS
Students
Students have low engagement and low performance in reading and writing tasks.
Thiago Rached
CEO
OUTCOMES
Education
Focus
5 m+
Essays have been completed on Letrus
9%
Reduction in the performance gap between public and private schools
SOLUTIoN
2014
FOUNDED
Letrus offers a program for schools that use AI and language knowledge to improve students' reading and writing skills.
Thiago Rached and Luis Junqueira
CO-FOUNDERS
NOTABLE CO-INVESTORS
Potencia, Canary, Península, IDB, and Lemann Foundation
CASE STUDY
Espírito Santo Tops ENEM Writing with Letrus AI
Granted funds by Inter-American Development Bank
Partnered with states of Goiás and Matos
Partnered with cities of Rio de Janeiro and Joinville
OWL VENTURES INVESTMENT
Espírito Santo used Letrus’ AI writing platform to support public school students, becoming Brazil’s top state on the ENEM essay. The program’s success sparked adoption in other states, as Letrus scaled writing instruction and improved learning outcomes nationwide.
2024
2025
2025
2024
LETRUS
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
180+
10.8 k+
520 k+
LingoAce is a multi-subject online tutoring provider offering Chinese Mandarin, English, math, and music courses worldwide to children aged 3-15.
COUNTRIES
EDUCATORS
Students
Young learners have limited access to high-quality supplemental education with professional tutors and authentic, interactive curriculum.
Hugh Yao
CEO
ACCESS
OUTCOMES
20%
20 m+
Classes taught worldwide.
Online Tutoring
SOLUTIoN
Focus
ENGLISH LANGUAGE LEARNERS
2017
FOUNDED
LingoAce harnesses research-backed human-led digital content to deliver high-quality, authentic learning experiences.
Hugh Yao
FOUNDER
NOTABLE CO-INVESTORS
Peak XV Partners, Tiger Global, and Shunwei Capital
CASE STUDY
LingoAce launched Ace Academy Learning Centers
LingoAce debuted its in-classroom learning model with Ace Academy, building on the success of its first Singapore location—nearly 2,000 students enrolled since 2021—with the new San Jose Center in California and Scarsdale Center in New York.
Partnered with Peking University
Expanded Blended Learning
Won the EdTechX Asia Pacific Awards
OWL VENTURES INVESTMENT
2024
2025
2025
2021
LINGOACE
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
GETTING TO KNOW LINUS BETTER
How do you envision your product creating a positive impact on individuals, businesses, or society as a whole?
PAIN
Linus is bringing standardized test prep into the 21st century.
Standardized test prep is outdated, requiring scheduled tutors, physical books, and excessive upfront costs with no score improvement guarantee.
Standardized tests are some of the most important moments in students’ lives. Linus levels the playing field in this critically important category.
Niko Vuori
CEO
How do you address the issue of accessibility and inclusivity in your edtech product, particularly for students from disadvantaged backgrounds or with special needs?
Test Prep
SOLUTIoN
Focus
2024
FOUNDED
Linus, a fully digital test prep solution, incorporates best-in-class engagement features from gaming and personalized AI tutoring.
Access to standardized test prep is gated behind a minimum of hundreds of upfront dollars, with no guarantee of success. Linus is 100% free, with a fair upsell into the premium version.
Niko Vuori and Cory Johnson
CO-FOUNDERS
How do you ensure that your product aligns with educational standards and curriculum requirements?
SCALE
Linus is the first test prep product to embrace the digital SAT curriculum. Built from the ground up to match the needs of students, Linus is hyper-targeted and 100% personalized.
20
40 k+
COUNTRIES
Students
LINUS
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
112 k+
4 m+
47.3 m+
Newsela’s learning science-aligned solutions help teachers engage every learner – from building knowledge and skills to supporting daily instruction and assessment.
SCHOOLS
EDUCATORS
Students
Newsela’s learning science-aligned solutions help teachers engage every learner – from building knowledge and skills to supporting daily instruction and assessment.
Pep Carrera
CEO
ACCESS
53%
51%
SOLUTIoN
Building Literary Skills and Knowledge
Focus
TITLE I SCHOOLS
FREE REDUCED LUNCH
Newsela products help educators teach skill-building strategies in the context of curriculum-relevant texts to build students’ foundational knowledge.
FOUNDED
2013
62%
Matthew Gross and Dan Cogan-Drew
CO-FOUNDERS
STUDENTS OF COLOR
NOTABLE CO-INVESTORS
TCV, Kleiner Perkins, and Franklin Templeton
OUTCOMES
Awarded Research-Based Design Product Certification
Acquired Generation Genius
~3
Percentile ELA gains for students using digital texts via Newsela.
24%
Greater reading gains for 8th graders using Newsela ELA.
Launched Newsela Writing
Acquired Formative
OWL VENTURES INVESTMENT
2020
2023
2024
2014
2025
NEWSELA
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
CASE STUDY
How East Orange School District Filled Gaps in Core Curriculum and Engaged Students With Newsela Social Studies
East Orange School District (EOSD) is a diverse, suburban K-12 district in New Jersey. When district leaders were evaluating needs for resources across subjects, they identified a lack of content for social studies. CHALLENGE The district sought to improve student engagement and academic achievement by moving toward a curriculum that represents diverse perspectives and current events. SOLUTIONS East Orange partnered with Newsela to integrate authentic, accessible, and standards-aligned content across middle and high school classrooms. The platform allowed educators to:
RESULTS Teachers and students have embraced Newsela Social Studies as an engaging tool to build knowledge and skills. With its success in social studies, East Orange ELA teachers also began using Newsela ELA in their classrooms. In total, more than 9,000 students and over 650 teachers at EOSD have used Newsela’s products. Students demonstrated increased engagement and participation
“With Newsela Social Studies, I no longer hear complaints [about curricular gaps] from teachers. They're able to find the content needed to engage students and differentiate the texts so they can have rich conversations.” — Paulette Salomon, Director of Teaching and Learning and Innovative Projects, EOSD
NEWSELA
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
52
900 k+
Novakid is the English academy for children of the future, offering online school and apps to enable students to learn English anytime, anywhere.
COUNTRIES
Students
Mastering English as a second language can be difficult without personalised guidance and stimulating resources to maintain student motivation.
Max Azarov
CEO
OUTCOMES
96%
Users improve their English in 6 months.
94%
Novakid students that passed their summative assessment by the second attempt.
Language Learning
SOLUTIoN
Focus
2017
FOUNDED
Novakid is transforming English learning through one-to-one live tutoring, group speaking practice, self-learning apps, interactive games, and AI tutoring.
Max Azarov and Dmitry Malin
CO-FOUNDERS
NOTABLE CO-INVESTORS
Goodwater Capital, PortfoLion, and LETA Capital
CASE STUDY
Novakid focuses on making screen time purposeful, offering native-speaker-led classes that strengthen English skills and confidence in children aged four to twelve.
Launched group speaking practice lessons
Key RecognitionS
Acquired Lingumi
Launched AI Tutor
OWL VENTURES INVESTMENT
Explore Novakid’s Recent Surveys:- The effects of screen time on children
- State of English Education in Public Schools
2023-25
2024
2024
2021
2025
NOVAKID
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
81 k+
679 k+
33 m+
Panorama Education delivers secure, AI‑powered tools and insights to improve student outcomes across academics, attendance, behavior, graduation, and well‑being.
SCHOOLS
EDUCATORS
Students
Districts face rising student needs—absenteeism, declining performance, navigating an AI-driven future—while juggling siloed tools that hinder support.
Aaron Feuer
CEO
ACCESS
59%
53%
K-12 Education
SOLUTIoN
Focus
STUDENTS OF COLOR
FREE REDUCED LUNCH
2012
FOUNDED
Panorama unifies data, surfaces root causes, and guides action so educators can improve outcomes for every student.
Aaron Feuer and Xan Tanner
CO-FOUNDERS
18%
NOTABLE CO-INVESTORS
Spark Capital, Emerson Collective, CZI, Google Ventures, and General Atlantic
ENGLISH LANGUAGE LEARNERS
OUTCOMES
Published research study on the State of Chronic Absenteeism
15–17%
Gains in ELA scores at Upland Unified School District.
8%
Reduction in student absences at Racine Unified School District.
Launched Panorama Solara
OWL VENTURES INVESTMENT
Acquired Class Companion
KEY HIRES
2020-25
2023
2024
2015
2025
PANORAMA EDUCATION
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
CASE STUDY
How West Carrollton Uses Secure AI to Auto-Fill 90 Reading State Plans Per Teacher—and Reclaim Time for Instruction
West Carrollton City Schools in Ohio partnered with Panorama Education to improve school climate, student engagement, and overall well-being through a data-informed approach. CHALLENGE The district sought to better understand and address students’ social-emotional learning (SEL) needs, improve attendance, and create a more inclusive and supportive school environment. They needed a way to gather actionable feedback from students, families, and staff to guide improvement efforts. SOLUTIONS Using Panorama’s survey tools and data dashboards, the district collected insights on SEL, engagement, and school climate. Educators used these insights to shape targeted interventions, professional development, and school-wide initiatives, fostering a culture of continuous improvement.
RESULTS West Carrollton improved attendance, reduced chronic absenteeism, and saw stronger SEL outcomes. Teachers reported greater student engagement, and families noted clearer communication and support. The district also streamlined behavior documentation, improved compliance, delivered secure, standards-aligned lesson plans, and fostered more intentional AI use.
- Up to 90 RIMPs auto-filled, easing teacher workload at back-to-school
The district will continue leveraging Panorama’s data to track progress, expand SEL, and ensure every student is supported academically, socially, and emotionally.“Solara saves so much time for the teacher. There’s a fine line between meaningful and menial work,” Julie reflected. “We have to keep thinking, creating, and connecting as professionals. But if AI can help us do that by taking care of the repetitive tasks, we should let it—responsibly.” – Julie Jones, former Curriculum Director, West Carrollton City School
PANORAMA EDUCATION
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
38 k+
20 m+
ParentSquare is an AI-powered unified platform enabling districts, schools, and teachers to effectively communicate and engage with families and students.
SCHOOLS
Students
Fragmented school-home communications burden districts and exclude multilingual families, limiting parent engagement and student success.
Sohit Wadhwa
CEO
ACCESS
Family Engagement and School–Home Communications
SOLUTIoN
Focus
134
ParentSquare centralizes communication, forms, attendance, and payments into one multilingual platform, enabling equitable, two-way engagement that strengthens family connections and improves student success.
LANGUAGES
2011
FOUNDED
Anupama Vaid and Sohit Wadhwa
CO-FOUNDERS
NOTABLE CO-INVESTORS
Serent Capital and Arc Capital Development
OUTCOMES
99.6%
Contactability achieved for school-home communication in a district in Texas.
$165 k
Saved annually by digitizing absenteeism notices in a district in Arizona.
PARENTSQUARE
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
CASE STUDY
Taunton Public Schools Meets a Diverse Community with Modern Communication
Taunton Public Schools (TPS) in Massachusetts serves a diverse student body where more than 20% speak a language other than English. The district needed an inclusive, modern communication solution to connect families and schools. CHALLENGE TPS struggled to reach its multilingual families. Inconsistent methods left gaps in safety updates, academic information, and engagement opportunities. SOLUTIONS TPS adopted ParentSquare as its all-in-one communication platform. By consolidating outreach into one consistent system, the district made it easier for principals, teachers, and staff to reach families in their home languages and strengthen relationships across the community.
RESULTS With ParentSquare, TPS has transformed family communication and is seeing measurable impact across the district:
- Ensured important messages reach every parent quickly and reliably
TPS continues working toward 100% contactability and plans to deepen its use of ParentSquare to foster equity, strengthen family partnerships, and support student success across its diverse community.PARENTSQUARE
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
90
1.8 m+
68 m+
SplashLearn creates engaging learning experiences to improve children’s attitude toward learning and enhance learning outcomes.
COUNTRIES
EDUCATORS
Students
Children lose their curiosity and enthusiasm to learn subjects like math and English at a very early stage.
Arpit Jain
CEO
ACCESS
62%
51%
Preschool to Grade 5 Learning
SOLUTIoN
Focus
TITLE I SCHOOLS
FREE REDUCED LUNCH
2010
FOUNDED
SplashLearn’s game-based learning program turns learning into an engaging experience that augments the child's desire to learn.
Arpit Jain, Umang Jain, Mayank Jain & Joy Deep Nath
CO-FOUNDERS
57%
50%
NOTABLE CO-INVESTORS
Accel Partners
ENGLISH LANGUAGE LEARNERS
STUDENTS OF COLOR
OUTCOMES
12.5 m+
Minutes of live learning delivered through SplashLearn classes.
150 m+
Skills Mastered in Math and English by students on SplashLearn during the 2024-2025 School Year.
Met ESSA Level III evidence
OWL VENTURES INVESTMENT
KEY PARTNERSHIPS
KEY AWARDS
2022-24
2024
2025
2021
SPLASHLEARN
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
CASE STUDY
FROM FALLING BEHIND TO FLYING AHEAD WITH SPLASHLEARN
Different Needs, Same Program
SplashLearn caters to the needs of all types of learners – whether they’re struggling to keep up or hungry for a bigger challenge. Here is a tale of two learners — one anxious, one unchallenged. Both found their way through SplashLearn.
Lina used the program to move beyond her assigned coursework and dive deeper in math.
Kai started on a regular routine of 4–5 sessions a week. The structure gave him room to build confidence at his own pace.
The balance of structure and autonomy allowed both students to make progress on two very different paths using the same program.
MEET KAI
Meet LINA
Outcomes
Kai’s attitude shifted, and he showed real pride in getting things right. His grades moved from B’s and C’s to A’s, and he made the honor roll by the end of the year.
Lina felt seen and stimulated. She began mentally designing new games and challenges based on what she was learning.
A second grader who was excelling so much that the standard second-grade material had started to feel stale.
A third grader who was struggling with math and needed more individual attention than the classroom could offer.
Both parents turned to SplashLearn, hoping to support their children’s needs.
What makes SplashLearn work isn’t just curriculum alignment or game design. It’s that the program adapts to real kids. For Kai and Lina, the change was not just in scores—but in their relationship with learning. It became something they enjoyed, owned and looked forward to.
* Disclaimer: The names have been changed, but the story remains authentic.
SPLASHLEARN
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
GETTING TO STARBRIDGE BETTER
How do you envision your product creating a positive impact on individuals, businesses, or society as a whole?
PAIN
Starbridge.AI uses AI to analyze RFPs, contracts, and government data, helping education and public-sector partners identify timely funding opportunities.
Selling to schools, higher education institutions, and governments is slow, opaque, and filled with missed partnership opportunities.
Starbridge.AI enables faster partnerships between business and government to unlock innovation, streamline procurement, and tackle society’s toughest challenges with greater efficiency and impact.
Justin Wenig
CEO
Can you share any early feedback or testimonials from users/customers who have experienced the impact of your product?
Education Sales Enablement
SOLUTIoN
Focus
FOUNDED
2024
Starbridge.AI enables faster, smarter public sector sales by surfacing buying signals, automating RFP discovery, and analyzing contract expirations, meeting minutes, and accurate contact data.
Education-sector sales teams have reported faster outreach, higher conversion rates, and stronger pipelines, solidifying Starbridge.AI as a trusted partner for navigating complex, resource-intensive public-school procurement cycles. Hear more here.
Justin Wenig
FOUNDER
Can you share some of the early impact you’ve seen from the product?
STARBRIDGE.AI
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
624
1.6 k+
58.7 k+
Subject is a learning platform that partners with K-12 school districts to provide engaging credit-bearing courses.
SCHOOLS
EDUCATORS
Students
There is a lack of engaging, equitable access to quality educational programs and materials.
Michael Vilardo
CEO
ACCESS
45%
78%
K-12 Education
SOLUTIoN
Focus
TITLE I SCHOOLS
FREE REDUCED LUNCH
2020
FOUNDED
Subject provides cinematic, standards-aligned, and highly engaging complete middle school and high school courses.
Michael Vilardo and Felix Ruano
CO-FOUNDERS
20%
88%
NOTABLE CO-INVESTORS
Softbank and Kleiner Perkins
ENGLISH LANGUAGE LEARNERS
STUDENTS OF COLOR
OUTCOMES
Launched Multilingual Learning Product
Attained ESSA Level IV Certification
11%
Decrease in chronic absenteeism.
30%
Improvement in 2024 California Science Test scores.
Key Partnerships
Launched AI Platform
OWL VENTURES INVESTMENT
2020-24
2022
2022
2025
2025
SUBJECT
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
CASE STUDY
Claudia’s incredible success story: High School Senior Closes a 60-Credit Gap with Subject
Claudia Rocha, a senior at Parlier High School, began her senior year 60 credits behind the path toward graduation. That would have been an insurmountable obstacle for most students. However, determined to succeed, she turned to Subject’s engaging courses to catch up and steadily rebuild her academic record. In less than a year, Claudia transformed an impossible credit gap into a pathway to graduation, regaining both her progress and her confidence in the future.
SUBJECT
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
6 k+
190 k+
6.1 m+
Swing Education is a technology-enabled staffing marketplace dedicated to connecting substitute teachers with K-12 schools more effectively.
SCHOOLS
EDUCATORS
Students
Teacher shortages leave classrooms understaffed, which disrupts learning and increases costs for districts.
Asha Visweswaran
ACCESS
CEO
42%
31%
Substitute Teacher Staffing
SOLUTIoN
Focus
TITLE I SCHOOLS
FREE REDUCED LUNCH
2015
FOUNDED
Swing connects schools with high-quality substitutes, avoiding costly staffing gaps by ensuring classroom coverage and learning continuity.
Mike Teng and Asha Visweswaran
CO-FOUNDERS
OUTCOMES
NOTABLE CO-INVESTORS
Apax Partners, GV, Social Capital, Kapor Capital, Moment Ventures
99%
Quality score for substitute teachers.
94%
Job fill rate across 6K+ schools.
Introduced AI-powered Platform
Launched New App
Filled 1M+ Substitute days
OWL VENTURES INVESTMENT
Key Awards
CASE STUDY
Transforming special education staffing with maximum fill rates with Swing
2024
2024
2025
2018
2025
SWING EDUCATION
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
3.8 k+
219 k+
2.3 m+
Thunkable is the no-code development platform to create custom, mobile applications for Android, iOS, and the web.
PRE K-12SCHOOLS
EDUCATORS
Students
Mobile application development is often held by a small percentage of technically capable experts.
Arun Saigal
CEO
184+
101 k+
6.2 k+
HIGHER EDinstitutions
No Code, Native Mobile App Development
SOLUTIoN
COUNTRIES
EMPLOYERS
Focus
Thunkable's visual development platform enables students to become hands-on with digital technology creation while instilling key computer science concepts.
2016
FOUNDED
OUTCOMES
Arun Saigal and Weihua Li
CO-FOUNDERS
NOTABLE CO-INVESTORS
Lightspeed Venture Partners, NEA, PJC, SV Angel, Y Combinator, ZhenFund, and Sky9
33%
Students have distributed their apps built on Thunkable.
100%
Students received hands-on learning with coding concepts on Thunkable.
Launched GenAI features and capabilities
Launched Thunkable Organization
Launched integration with OpenAPI GPT
OWL VENTURES INVESTMENT
CASE STUDY
The best Apps built on Thunkable in 2024
2023
2023
2025
2022
THUNKABLE
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
200+
500 k+
ubiMaster democratizes and scales access to human experts and knowledge—starting with tutoring.
EMPLOYERS
BENEFICIARIES
Human-led tutoring is expensive, and B2C-models don’t work.
Jana Krotsch
CEO
OUTCOMES
SOLUTIoN
K-12 Tutoring and Financial Literacy
91%
Employees feel significantly less stressed when their children use ubiMaster.
ubiMaster offers on-demand tutoring and financial literacy solutions as employee benefit or embedded in banking products. Corporates achieve higher employee engagement and customer loyalty, while children can access human tutors.
65%
Children using ubiMaster improved their performance in school.
Focus
FOUNDED
2019
Jana Krotsch and Steffen Krotsch
CO-FOUNDERS
NOTABLE CO-INVESTORS
BayernKapital, Auxxo Female Catalyst Fund, and amberra
Awarded Future Award at Ludwig Erhard Summit
Onboarded 180+ Corporate Customers
Named in HolonIQ’s Europe EdTech 200
OWL VENTURES INVESTMENT
2024
2025
2025
2022
UBIMASTER
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
CASE STUDY
HanseMerkur Enhances Employee Well-Being with ubiMaster
HanseMerkur, one of Germany’s leading insurance providers, is known for combining innovation with tradition. In 2021, the company expanded its commitment to employee satisfaction by introducing a new internal benefit: unlimited access to online tutoring via ubiMaster for employees’ children and company trainees. CHALLENGE As part of its strategy to better support work-life balance, HanseMerkur aimed to reduce the educational pressure many working parents face—particularly the time, cost, and stress associated with academic support at home.
SOLUTION Since November 2021, HanseMerkur’s 1,500+ employees have received free access to ubiMaster’s on-demand tutoring platform. The service covers math, German, English, physics, and chemistry. It’s available seven days a week for students in grades 5-13 and for trainees. With just a tap in the app, students are connected 1:1 with qualified tutors—easing the burden on parents and improving academic support at home. RESULT HanseMerkur has seen above-average registration and usage rates among all corporate customers. Parents note reduced stress at home, more peaceful homework routines, and a strong appreciation for the financial relief of free tutoring. Children report greater confidence in difficult subjects and praise the responsiveness of their tutors.
By integrating ubiMaster into its employee benefit program, HanseMerkur has strengthened its culture of appreciation and support. The initiative has proven to be more than a perk—it’s a strategic investment in employee satisfaction, family well-being, and long-term organizational health.
UBIMASTER
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
SCALE
PAIN
1.9 m+
54
296
uLesson empowers African students with accessible, high-quality K-12 and university education through cutting-edge technology and forward-thinking learning models.
STUDENTS
COUNTRIES
SCHOOLS
In Africa, high costs, scarce local content, and access limits affordable education.
Simdul Shagaya
OUTCOMES
CEO
SOLUTIoN
10 k+
Students enrolled at Miva University within two years of launch.
25 m+
K-12 lessons watched by learners.
K-12 Student Learning and Tertiary Education
Focus
K–12: A learning app with curriculum-aligned lessons and assessments, and a teacher tools with ready-made lesson plans and assessments. Higher Ed: Miva Open University is Nigeria’s accredited online university offering flexible degrees in high-demand fields.
2019
FOUNDED
Simdul Shagaya
CO-FOUNDERS
NOTABLE CO-INVESTORS
TLCom Capital, Founder Collective, Local Globe, Nielsen Ventures, and Tencent
CASE STUDY
Miva Open University Tackles Nigeria’s Admission Crisis with AI-Powered Learning
Miva is addressing Nigeria’s limited university slots by offering flexible, AI-enabled blended learning programs designed for scale and student success.
Secured Online university license for MIVA
Launched MIND, AI learning companion
Launched AI Homework Help
OWL VENTURES INVESTMENT
Key Partnerships
2023
2024
2021
2024-25
2025
ULESSON
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
K-12 |
POST SECONDARY
Fizz
Noodle
Honorlock
Quizlet
Kyron Learning
StudyFETCH
VAIA | STUDYSMARTER
Labster
WELCOME TECH
Leap Finance
MAXIMAL LEARNING
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST SECONDARY
SCALE
PAIN
400+
Fizz is Gen Z’s go-to social platform for experience and identity-based community.
HIGHER EDINSTITUTIONS
Students and alumni are stuck in fragmented, college-only networks, limiting meaningful connections across shared interests.
Teddy Solomon
CEO
OUTCOMES
Consumer Social
SOLUTIoN
Focus
30%
Users actively creating weekly content, far surpassing ~1% engagement rates on legacy social platforms.
90%
Users reporting stronger connection and inclusion at their schools through Fizz communities.
2021
FOUNDED
Fizz brings users together through shared experiences and identities, enabling meaningful communities that extend across campuses and beyond.
Teddy Solomon and Ashton Cofer
CO-FOUNDERS
NOTABLE CO-INVESTORS
NEA and Lightspeed
CASE STUDY
The Fizz Phenomenon: Stanford’s Social Startup that Stuck
FIZZ
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
SCALE
PAIN
505
100 k+
4.1 m+
Honorlock delivers secure, scalable online proctoring to ensure exam integrity and equitable access for learners and institutions worldwide.
HIGHER EDINSTITUTIONS
EDUCATORS
Students
Maintaining academic integrity in online assessments without compromising convenience, scale, or equity is challenging.
Michael Hemlepp
CEO
OUTCOMES
Online Exam Proctoring
SOLUTIoN
Focus
2014
FOUNDED
1 m+
Sessions investigated by Honorlock Live Pop-In, up 238% YoY.
19%
Annual growth in faculty review of flagged Honorlock sessions.
Honorlock’s AI-powered software and human oversight deliver secure, scalable, and non-intrusive online proctoring that promotes fairness and flexibility.
Michael Hemlepp and Elena Soboleva
CO-FOUNDERS
NOTABLE CO-INVESTORS
Defy.vc, Arsenal Growth Equity and Daniel Cane
Partnered with Unizin
Achieved TX-RAMP Level 2 Certification
Key Awards
OWL VENTURES INVESTMENT
2024
2024
2025
2021
HONORLOCK
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
CASE STUDY
NORTHERN VIRGINIA COMMUNITY COLLEGE ELEVATES EQUITABLE ONLINE LEARNING WITH HONORLOCK
CHALLENGE Northern Virginia Community College (NOVA), the second-largest multi-campus community college in the U.S., serves over 80,000 students across a wide range of learning modalities. A 34% increase in online asynchronous enrollment over three years revealed the need for a scalable, student-centered proctoring solution—one that could uphold flexibility, accessibility, and academic integrity at scale. SOLUTION NOVA integrated Honorlock’s AI and Live Pop-In® proctoring directly within Canvas, giving faculty flexible controls and real-time, human-validated integrity alerts. The platform reduced student anxiety, improved accessibility, and provided responsive 24/7 support that aligns with NOVA’s mission to deliver equitable, high-quality education.
RESULTS Honorlock helped NOVA reframe proctoring as a tool for trust and transformation. It reduced friction for students, restored faculty confidence in exam integrity, and elevated the online learning experience across a rapidly growing and diverse academic community.
“We’re empowering both students and faculty with a better, more human-centered proctoring experience. It’s the empathy that sets Honorlock apart. Our students are anxious enough; having someone actually respond and care made all the difference.” – Caryn Sever, Director of Instructional Design and Development, NOVA
There was a proactive shift from surveillance to student support and success. Highlights include:
HONORLOCK
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
SCALE
PAIN
145
978
68.8 k+
Discussion-based modules with videos, visuals, and voice, powered by educators and facilitated by AI.
INSTITUTIONS
EDUCATORS
Students
Institutions and organizations struggle to deliver engaging, effective, and affordable online learning experiences.
RAJEN SHETH
CEO
ACCESS
72%
87%
Higher Education
SOLUTIoN
Focus
TITLE I SCHOOLS
FREE REDUCED LUNCH
2022
FOUNDED
Kyron Learning uses AI to scale interactive, personalized learning at a 10th of the cost with instant and unlimited availability.
Rajen Sheth and Enis Konuk
CO-FOUNDERS
38%
83%
NOTABLE CO-INVESTORS
GSV, ECMC Group Education Impact Fund
ENGLISH LANGUAGE LEARNERS
STUDENTS OF COLOR
OUTCOMES
Launched new pedagogical framework
Kyron co-presented with WGU & MDC at ASU+GSV
50%
Increase in learner retention for Merit America courses that use Kyron.
78%
Users find Kyron is effective at facilitating learning.
Received patents for core technology
OWL VENTURES INVESTMENT
2024
2025
2025
2022
KYRON LEARNING
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
CASE STUDY
Human-Centered AI Driving Student Success
IN-APP ENGAGEMENT: Following the pilot’s success, MDC is scaling Kyron to high-enrollment courses like college algebra, public speaking, and introductory science to reduce DFW rates and improve persistence.
Miami Dade College (MDC) serves 100K+ diverse students annually. It sought an AI solution to boost online engagement and feedback without adding faculty burden. Partnering with Kyron Learning, MDC piloted an interactive, conversation-based AI for ENC 1101 (English Composition I). The foundational course, with high online enrollment, experiences persistent challenges in writing instruction. Integrating directly into Canvas, Kyron guided students through thesis writing and persuasive essays. Unlike generative AI, Kyron prompted deeper thinking, provided real-time clarification, and allowed revisions before submission. Faculty remained in control of course design yet students gained immediate, formative feedback.Kyron proves AI can augment—not replace—instruction: driving engagement, confidence, and equity in online learning.
STUDENT SURVEY HIGHLIGHTS: Students praised the clarity, interactivity, and practical guidance, asking for Kyron in more courses. Faculty noted stronger student work and reduced feedback load.
KYRON LEARNING
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
SCALE
PAIN
105
11 k+
6.6 m+
Labster’s immersive learning platforms redefine STEM and nursing education , empowering learners in class, career, and community.
COUNTRIES
INSTITUTIONS
Students
Challenges within STEM and Nursing courses can present barriers to students’ academic and career success.
Shawn Boom
CEO
OUTCOMES
Higher Education and Healthcare
SOLUTIoN
Focus
57%
Nursing students showed greater competence with UbiSim compared to traditional simulation.
90%
Undergraduate biology students using Labster earned higher grades.
2012
FOUNDED
Labster empowers students with evidence-based immersive learning experiences that build their skills and confidence to succeed.
Michael Bodekaer Jensen and Mads Bonde
CO-FOUNDERS
NOTABLE CO-INVESTORS
GGV Capital, Balderton Capital, and Andreessen Horowitz (a16z)
Named Bjørn Toft Madsen CPTO
Received TIME Best Invention Award
Named Shawn Boom CEO
Acquired UbiSim VR nursing simulation
OWL VENTURES INVESTMENT
2024
2024
2024
2019
2024
LABSTER
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
CASE STUDY
Yavapai College Boosts Online Completion Rates with Labster
By integrating virtual labs, a rural Arizona community college closed its online/in-person completion gap in microbiology. CHALLENGE Yavapai College’s Fall 2023 BIO 205 microbiology course had significantly lower online completion rates (66%) compared to in-person (80%). With over two-thirds of students enrolled online and ongoing instructor turnover, the college needed a scalable, consistent, and accessible solution to support online learners. SOLUTION In Fall 2024, Yavapai adopted Labster’s virtual lab simulations for BIO 205. The simulations acted as a “digital co-instructor,” providing consistent, repeatable experiences across sections, eliminating logistical delays from home lab kits, and ensuring equitable access to lab resources.
RESULTS
LABSTER
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
SCALE
PAIN
2.1 k+
1.5 m+
8 m+
Leap is building the infrastructure to enable millennials’ global career aspirations and to democratize access to high-quality international education.
HIGHER EDINSTITUTIONS
STUDENTS
USERS
Students studying overseas struggle to choose the right university, finance foreign education, and secure visas and accommodations.
Vaibhav Singh
CEO
OUTCOMES
Global Higher Education
SOLUTIoN
Focus
2019
FOUNDED
Leap provides an end-to-end platform to solve all students' needs planning to study abroad for higher education.
$10 m+
In scholarships secured by students.
18x
Increase in the median income of students financed.
Vaibhav Singh and Arnav Kumar
CO-FOUNDERS
NOTABLE CO-INVESTORS
Peak XV, Jungle Ventures, Harvard Asset Management, Apis Partners
Launched an AI Visa Interview Platform
Key Partnerships for Hybrid and Pathway Programs
Launched LeapGPT
Partnered with DuoLingo
OWL VENTURES INVESTMENT
2023-24
2025
2025
2021
2025
LEAP FINANCE
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
CASE STUDY
DUOLINGO AND LEAPSCHOLAR LAUNCH DUOLINGO ENGLISH TEST TO ENHANCE PREP TOOLS FOR INDIAN STUDENTS
“Given the high-stakes nature of the English proficiency exams, one of the most common things we hear from students is the need for additional test readiness material. Leap has done a tremendous job of scaling high-quality support for students across India and beyond. Given our commitment to access and reach, we are excited to see Leap build out material to help students feel more confident in their study abroad journeys,” - Tara Kapur, India Market Lead, Duolingo English Test, India
LEAP FINANCE
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
GETTING TO KNOW MAXIMAL LEARNING BETTER
How do you envision your product creating a positive impact on individuals, businesses, or society as a whole?
PAIN
Maximal Learning offers personalized AI coaching to help students obtain the skills needed to succeed at school, work, and life.
Maximal Learning helps students stay on top of their schoolwork balance it with their extracurriculars, reduce stress, and develop executive function skills necessary for learning, work, and life.
The fundamental skills of executive function, collaboration, and communication are not explicitly taught or credentialed by schools.
Eran Megiddo
What metrics or key performance indicators (KPIs) do you track or plan to track to measure the impact of your product?
CEO
Engagement, retention, and completing tasks on time. Student feedback on their being on track and staying on top of work and whether the product is helping them reduce stress and feeling overwhelmed.
SOLUTIoN
K-12 Student Coaching
Focus
2023
FOUNDED
Student-centric tools supported by AI to help students develop skills fundamental to become better learners in work and life.
Eran Megiddo and Liviu Asnash
CO-FOUNDERS
What steps have you taken to ensure that your product is accessible and inclusive, considering factors like affordability, usability, and addressing diverse user needs?
NOTABLE CO-INVESTORS
Trilogy Equity Partners, GSV, Pioneer Square Labs, and Honeystone Ventures
Maximal Learning will follow Industry standards to ensure the product is fully accessible from day one. The student community helping develop the product will represent diverse perspectives to ensure the product meets the needs of neurodiverse students and students of various backgrounds.
How do you ensure that your product aligns with educational standards and curriculum requirements?
Maximal Learning partners with experts in particular skills areas, starting with EF, and with tutoring experts at Stanford and other centers to guide the research and measure efficacy.
MAXIMAL LEARNING
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
SCALE
PAIN
329
140+
1 k+
Noodle empowers universities through tech-enabled strategic consulting, tailored services, and scalable technology to transform the world.
EMPLOYERS
HIGHER EDINSTITUTIONS
EDUCATORS
In today’s climate, universities must identify new and bolster existing revenue streams while maintaining equitable and exceptional learner experiences.
John Katzman
OUTCOMES
CEO
96%
Students in Noodle-supported programs that started their field placements on time.
80%
Students who receiving student support coaching from Noodle re-enroll term-over-term.
Higher Education
SOLUTIoN
Focus
2015
FOUNDED
Noodle collaborates with universities to reimagine their return on investment in higher education and design learning experiences that deliver measurable, real-world impact.
John Katzman
FOUNDER
NOTABLE CO-INVESTORS
Osage, ReThink, Lumina Foundation, Swan, New Markets, Inclusive Capital, and BlackRock
CASE STUDY
Reflections from the 2025 University Network Summit
Founded Scholars Network
Shifted to tech-enabled strategy and services model
In March 2025, Noodle co-hosted the second annual University Network Summit in Washington, DC. The summit brought together forward-thinking educators, industry leaders, policymakers, and innovators to transform the future of education.
Certified B-Corp
Key Acquisitions
OWL VENTURES INVESTMENT
2021
2023
2023
2017
2025
NOODLE
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
SCALE
PAIN
130
60 m+
Quizlet is a global learning platform that helps 60M+ people learn using personalized study activities.
COUNTRIES
USERS
Students often lack the know-how or motivation to effectively learn due to burnout, distractions and stress.
Kurt Beidler
OUTCOMES
CEO
95%
Students who use Quizlet daily say their grades improved.
89%
Students are likely to recommend Quizlet to a friend.
Study tools
SOLUTIoN
Focus
2005
FOUNDED
Quizlet drives comprehension through AI-powered learning solutions and relevant content to effectively prepare for tests, exams, or anything being studied.
Andrew Sutherland
FOUNDER
NOTABLE CO-INVESTORS
General Atlantic, Costanoa Ventures, Union Square Ventures, Altos Ventures, Icon Ventures.
CASE STUDY
Quizlet Launches New AI-Powered Experience for Back to School
"At Quizlet, we're building for outcomes. The new platform experience leverages our legacy of leadership in AI-native tools to bring together hyper-relevant content, advanced study tools, community, and best-in-class GenAI for a cohesive experience. Built on content from fellow students and educators, we're making learning more personalized and adaptive.” – Kurt Beidler, CEO at Quizlet
Launched How America Learns report
Launched Ads Platform
Debuted new AI tools
Welcomed Kurt Beidler as CEO
OWL VENTURES INVESTMENT
2022
2024
2024
2015
2025
QUIZLET
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
SCALE
ACCESS
24
PAIN
5 m+
StudyFetch is an AI-powered educational platform that transforms learning materials into personalized, interactive learning experiences—including flashcards, quizzes, and AI tutoring.
LANGUAGES
USERS
Traditional study materials require significant time and effort to personalize, creating inefficiencies in knowledge acquisition.
Esan Durrani
CEO
OUTCOMES
SOLUTIoN
AI Learning Platform
Focus
> 3.6%
Increase in successful course completion for students using StudyFetch.
92%
Students who use StudyFetch regularly see grade improvements.
StudyFetch instantly converts educational content such as notes, lectures and documents into tailored study tools to boost engagement, improve outcomes and reduce learning barriers.
FOUNDED
2023
Esan Durrani and Ryan Trattner
CO-FOUNDERS
NOTABLE CO-INVESTORS
College Board
CASE STUDY
Why AI Education Should Start at Age Six and How to Do It Right with Sam Whitaker of Studyfetch
STUDY FETCH
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
SCALE
PAIN
35 k+
170 k+
30 m+
Vaia is an intelligent learning platform automatically transforming any content into an individual learning course, making learning effective and fun.
INSTITUTIONS
EDUCATORS
USERS
Students struggle with the amount of content they ought to learn and do not know how to structure themselves.
Christian Felgenhauer
CEO
ACCESS
Education and Recruiting
SOLUTIoN
Focus
GENDER
2017
FOUNDED
62%
Vaia provides users with an individualized learning path and smart learning toolbox to learn any content.
47%
Christian Felgenhauer, Maurice Khudhir, Simon Hohentanner, and Till Söhlemann
CO-FOUNDERS
FEMALE
ENGLISH LANGUAGE LEARNERS
NOTABLE CO-INVESTORS
Left Lane Capital, Goodwater Capital
OUTCOMES
97%
Users are more structured in their learning.
96%
Users receive better grades.
VAIA | STUDYSMARTER
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
SCALE
PAIN
~400
4 m+
Welcome Tech empowers immigrants through education, resources, and critical services.
K-5 students
USERS
Language barriers, social security requirements, work history, and legal status obstruct access to essential services by immigrant communities, threatening their ability to thrive in the US.
Amir Hemmat
CEO
OUTCOMES
Empowering Immigrants
SOLUTIoN
Focus
15%
Increase in 90-day new hire retention.
15%
Reduction in overall annual employee turnover.
2016
FOUNDED
Welcome Tech has built essential technology like a digital wallet and a bilingual mobile app, and provides health and financial wellness resources to accelerates success for immigrant households.
Amir Hemmat and Raul Lomeli
CO-FOUNDERS
NOTABLE CO-INVESTORS
Nala Investments, Cometa, TTV, Softbank
Recognized as "Best for the World" B Corp
CASE STUDY
Expanded Board of Directors
OWL VENTURES INVESTMENT
Welcome Tech provides healthcare, financial services to 4 million immigrants
2025
2021
2021
WELCOME TECH
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
POST-SEC |
FUTURE OF WORK
Apna
Mighty Networks
Benchprep
Preply
BorderPlus
Sanjieke
Class
Schemata
Classplus
SkillTrade
Complement 1
Smalt
DeepHow
Stash
Degreed
SV ACADEMY
Galena
Thrive Global
HoyTrabajas
UBITS
Interplay Learning
Workera
MasterClass
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK
SCALE
PAIN
56 m+
824 k+
Apna.co is India’s largest jobs and professional networking platform that helps the workforce unlock economic opportunities, jobs, professional networking, and skilling.
CANDIDATES
RECRUITERS
A large part of India’s employable workforce must rely on untrustworthy and limited channels to find job opportunities.
Nirmit Parikh
CEO
ACCESS
Providing Economic Opportunities to the Rising Indian Workforce
SOLUTIoN
Focus
31%
Job applications were by women in 2024.
4x
Increase in women job seekers from Tier II and III cities from 2021 to 2024.
Apna helps users build digital professional identities, find best hyperlocal job opportunities, and improve careers by building their professional network.
2019
FOUNDED
Nirmit Parikh
FOUNDER
Peak XV Partners, Lightspeed India Partners, Tiger Global Management, and Insight Partners
NOTABLE CO-INVESTORS
OUTCOMES
824 k+
Employers have used Apna to meet their hiring requirements across 200+ industries and functions.
1 in 3
NIFTY100 companies in India use Apna for hiring requirements.
Launched AI powered Practice Interview Coach
Names in YourStory’s Tech50
Signed MoU with AICTE
Key Partnerships
OWL VENTURES INVESTMENT
2025
2021
2023
2021–23
2021
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
APNA
CASE STUDY
APNA.CO AND AICTE EMPOWER 350K STUDENTS WITH CAREER PATHWAYS IN INDIA
In a landmark public-private partnership, Apna.co joined forces with the All India Council for Technical Education (AICTE), India’s national accreditation and oversight body for technical colleges and universities, to address the employability gap for young professionals. Over just nine months, the initiative connected 350K students to career opportunities and facilitated 800K+ job applications. This initiative aimed to bridge the gap between academic training and entry-level employment. Students across 27 Indian states and 8 union territories accessed job opportunities through Apna’s platform, linking to 13,500+ hiring companies offering roles in business development, marketing, data entry, and more. The program demonstrated measurable improvements in access, equity, and efficiency for youth employment pipelines.
This partnership sets a new benchmark for scalable, tech-enabled job placement models. Apna.co and AICTE plan to extend the reach of the initiative, including tighter integration with skill-building programs and employer networks—creating a sustainable pathway from classroom to career for every technical graduate in India.
“By bridging academia and industry, we are shaping a future-ready workforce equipped to navigate emerging challenges. CampusInc 2025 served as a key platform for driving impactful discussions on India’s talent pipeline, ensuring students gain the skills needed for the digital age. Our continued partnership with Apna.co will be instrumental in transforming quality education into meaningful career opportunities.” – Honorary Professor T.G. Sitharam, Chairman, AICTE
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
APNA
SCALE
PAIN
11.7 m+
12.4 m+
50 k+
BenchPrep’s LMS helps associations grow their education programs and support learners across the entire lifelong learning journey.
USERS
INSTITUTIONS
STUDENTS
Associations and credentialing organizations struggle to generate revenue, reduce certification dropout rates, grow programs, and engage learners.
Ashish Rangnekar
CEO
Associations and Credentialing Bodies
Focus
OUTCOMES
SOLUTIoN
10%
Increase in pass rates of BenchPrep users for ACCA Qualifications compared to non-users.
133%
Rise in test takers after GMAC launched prep course on BenchPrep.
FOUNDED
2019
BenchPrep enables associations and credentialing organizations to increase revenue and better support their learners through data-driven insights and engaging learning experiences.
Ashish Rangnekar and Ujjwal Gupta
CO-FOUNDERS
NOTABLE CO-INVESTORS
Revolution Ventures, Jump Capital, NewView Capital
Introduced AI EnGINE
Key Awards and Recognition
CASE STUDY
Expanded Lifelong Learning Platform
Signed Key Customers
OWL VENTURES INVESTMENT
HOW ACCA IS REVOLUTIONIZING GLOBAL ACCESS TO CERTIFICATION
2024-25
2025
2019-25
2019-25
2014
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
BENCHPREP
OUTCOMES
100%
B2 level German trained candidates were placed within 8 months.
10x
Increase in salary for nurses who complete the BorderPlus training program.
PAIN
BorderPlus is an AI-powered mobility platform that prepares healthcare workers for global careers through transparent placement pathways, enabling lasting success.
Skilled blue-collar workers struggle to access global opportunities due to language barriers, high costs, and confusing migration processes.
Mayank Kumar
CEO
CASE STUDY
Skilling & Talent Mobility
SOLUTIoN
Focus
In an interview with CNBC’s leading journalist - Shereen Bhan, Mayank Kumar discusses how BorderPlus trains and deploys Indian healthcare talent-especially nurses-to address global skill shortages and unlock high-earning opportunities abroad.
FOUNDED
2024
BorderPlus offers AI-led language and cultural training, visa support and placement support, enabling healthcare professionals to access high-demand roles globally.
Mayank Kumar and Ayush Mathur
CO-FOUNDERS
NOTABLE CO-INVESTORS
Binny Bansal, Ritesh Agarwal and Mithun Sacheti
Partnered with VFS Global
Signed MoU with TN Apex
Accredited by NSDC
Acquired OneaCare
OWL VENTURES INVESTMENT
Partnered with Avanse
2025
2025
2025
2025
2025
2025
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
BORDERPLUS
SCALE
PAIN
10 m+
200 k+
75
Class builds virtual classrooms that add Teaching and Learning Tools to Zoom, making the virtual classroom feel like a real classroom.
STUDENTS
EMPLOYERS
COUNTRIES
Virtual classrooms lack engagement and seamless LMS integration, leaving educators without tools to replicate dynamic in-person learning experiences.
Michael Chasen
CEO
OUTCOMES
SOLUTIoN
K-12, Higher Education, and Corporate Learning
Focus
46%
32%
More confidence in applying knowledge observed among learners using Class, compared to traditional video conferencing tools.
Less distraction observed among learners using Class, compared to traditional video conferencing tools.
Class enhances Zoom and Teams with teaching tools, enabling interactive, LMS-integrated instruction that fosters collaboration and student participation.
2020
FOUNDED
Michael Chasen
FOUNDER
Insight, Softbank, Emergence
NOTABLE CO-INVESTORS
Named to TIME World’s Top EdTech Companies
CASE STUDY
Key Acquisitions
OWL VENTURES INVESTMENT
Key Partnerships
How Volvo Transformed Online Learning with Class to Mirror In-Person Training
2023
2024
2021–23
2021
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
CLASS
SCALE
PAIN
100 m+
50 m+
200 k+
Classplus helps educators build and sell online courses, gives students reliable exam-prep platforms, and improves teaching workflows and preparation experiences.
USERS
STUDENTS
EDUCATORS
Educators struggle to monetize their online audience, and students lack trustworthy digital platforms for critical exam preparation.
Mukul Rustagi
CEO
OUTCOMES
Professional Exams and Upskilling
Focus
SOLUTIoN
100 k+
Aspirants pass different job and test preperation exams annually using Classplus.
12 m+
Paying students served every year.
FOUNDED
2018
Classplus equips educators with personalized apps and websites to sell courses directly, and its platforms deliver mock tests, solved questions, and live interactive classes for students.
CO-FOUNDERS
Mukul Rustagi and Bhaswat Agarwal
NOTABLE CO-INVESTORS
Tiger Global, Alpha Wave, and Peak XV Surge
Launched Polaris School of Technology
CASE STUDY
Acquired Testbook
OWL VENTURES INVESTMENT
Key Strategic Investments
The Classplus Success Story: Fireside Chat with Mukul Rustagi
2022
2024
2021–23
2022
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
CLASSPLUS
OUTCOMES
16%
Increase in Quality-of-Life scores after three months using Complement 1
> 30%
Reduction in healthcare expenses within three months of program start
PAIN
Complement 1’s evidence-based, tech-enabled learning platform equips cancer patients and survivors with lifelong skills in exercise, nutrition, and mind-body wellness.
Cancer patients face worsening side effects and rising costs, but lack scalable, evidence-based education to manage symptoms, make informed choices, and sustain recovery.
Karan Bajaj
CEO
90%
Learner completion rate for Complement 1’s structured lifestyle curriculum after three months
Healthcare Education and Skills Training
Focus
SOLUTIoN
FOUNDED
2024
Complement 1 provides daily expert coaching and a year-long learning pathway with live lessons, personalized guidance, and community practice, to build and sustain healthy behaviors during and after treatment.
CO-FOUNDERS
Karan Bajaj and Trupti Mukker
NOTABLE CO-INVESTORS
Blume Ventures
Showcased at Leading US Cancer Conferences
Achieved SOC 2 Type I & II Compliance
Piloted with Top 3 Cancer Center in US
Achieved HIPAA Compliance
Undertook randomized control trial
CASE STUDY
OWL VENTURES INVESTMENT
Hear from Complement 1 Users Referred by a Top-3 National Cancer Institute
2024
2025
2025
2024
2025
2025
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
COMPLEMENT 1
SCALE
PAIN
35 k+
100+
28+
DeepHow is an AI-powered platform that helps organizations capture, structure, and activate expert know-how across teams and partner networks.
USERS
EMPLOYERS
COUNTRIES
Critical operational knowledge often remains undocumented, scattered across systems, or trapped with experts.
Sivakumar Lakshmanan
CEO
OUTCOMES
Manufacturing and Skilled Workforce Organizations
Focus
SOLUTIoN
20%
Improvement in overall equipment efficiency with DeepHow.
70%
Reduction in employee turnover through DeepHow.
FOUNDED
2018
DeepHow captures expert knowledge, structures it into engaging content with AI, and activates it through business systems to drive productivity, safety, quality, and engagement.
CO-FOUNDERS
Sam Zheng, Wei-Lian Kao, and Patrik Matos
NOTABLE CO-INVESTORS
Sierra Ventures, Qualcomm Ventures, Osage Venture Partners
Launched Smart Training for Industrial Teams
CASE STUDY
Key PARTNERSHIPS
Appointed new CEO
OWL VENTURES INVESTMENT
Integrated with SAP
From Delays to Operational Excellence: DeepHow’s Impact at AM/NS Calvert
2025
2024
2023-24
2025
2023
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
DEEPHOW
SCALE
PAIN
10 m+
300
160+
Degreed is an AI-powered learning platform for workforce transformation, helping organizations identify skills gaps, scale personalized growth, and measure change.
USERS
EMPLOYERS
COUNTRIES
As skill needs evolve, learning programs and talent strategies are often misaligned with business objectives.
David Blake
CEO
ACCESS
SOLUTIoN
Learning Platform for Workforce Transformation
Focus
29
With Degreed, organizations use skills insights to strategically develop workforces, upskilling and reskilling employees with personalized AI-powered experiences at scale.
FOUNDED
2012
LANGUAGES
David Blake and Eric Sharp
CO-FOUNDERS
Sapphire Ventures, Riverwood Capital
NOTABLE CO-INVESTORS
OUTCOMES
Partnered with SAP SuccessFactors
Named in Time’s World’s Top EdTech Companies
700 m+
Courses completed on Degreed, equivalent of 15M four-year degrees.
50 m+
Skills rated, reviewed, and assessed.
Launched Degreed Maestro
Partnership with Pearson
OWL VENTURES INVESTMENT
2025
2024
2023
2025
2018
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
DEGREED
CASE STUDY
HOW STATE STREET SCALED TALENT AND MOBILITY THROUGH SKILLSFIRST
HOW COLGATE-PALMOLIVE POWERS DIGITAL TRANSFORMATION WITH DEGREED
Colgate-Palmolive partnered with Degreed to close priority-skill gaps and accelerate digital transformation across its 34K-person global workforce. By aligning learning to strategic business goals, the company launched learning academies in areas like digital fluency, automation, e-commerce, and leadership. The resulting simplified, global learning experience supported the company’s transformation and drove over 80% active learner engagement, helping to embed a culture of continuous learning.
State Street turned to Degreed to build an enterprise-wide data driven talent strategy to drive internal mobility and workforce agility. Its SkillsFIRST framework placed performance, retention, and career advancement at the center. Aligning talent supply with business-critical needs empowers employees to take ownership over their development. Within a year, 50% of the employees onboarded into SkillsFIRST, saving millions on third party tools. The approach also improved engagement and supported internal promotions and hires —demonstrating how thoughtful upskilling can drive both performance and retention at scale.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
DEGREED
SCALE
PAIN
100+
75+
94 k+
Galena prepares companies and workers for the future by accelerating workforce upskilling through personalized, AI-powered development journeys.
HIGHER EDINSTITUTIONS
EMPLOYERS
Students
In an AI-transformed economy, employees and employers alike face uncertainty over career growth and reskilling.
Guilherme Luz
ACCESS
CEO
41%
71%
SOLUTIoN
Without postsecondary degrees
Early-career professionals
Professional Development
Focus
Galena delivers an AI-powered platform that provides personalized professional development pathways that accelerate upskilling and reduce turnover.
2021
FOUNDED
Guilherme Luz and Eduardo Mufarej
OUTCOMES
CO-FOUNDERS
55%
Employees enrolled in at least one course via Galena.
NOTABLE CO-INVESTORS
Altos Ventures, Exor Seeds, Elevar Equity and Globo Ventures
67%
Increase in study hours in users, compared to the national average.
Launched AI-Powered Career Plan
OWL VENTURES INVESTMENT
Acquired Edupass
CASE STUDY
2023
2025
2021
Leroy Merlin Scales AI-Driven Learning with Galena
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
GALENA
SCALE
PAIN
2 m+
110+
HoyTrabajas helps employers in Latin America and the US hire, onboard, and retain talent through targeted recruiting and HR automation.
USERS
EMPLOYERS
Employers face high turnover, poor job fit, and inefficient hiring due to fragmented tools, generic AI, and labor challenges.
Rubén D. Córdoba
CEO
ACCESS
SOLUTIoN
Low-Skilled Workers in Latin America
Focus
80%
92%
LatAm: Provides companies with qualified candidates to speed hiring and offers a benefits product to improve working conditions. US: Talentropy enables custom workflows and AI agents without replacing existing HR tools.
FOUNDED
2019
immigrants or underserved workers in the US
Low Income workers in LatAm
Ruben Cordoba, Sebastian Arce, and Vladimir Guzman
CO-FOUNDERS
NOTABLE CO-INVESTORS
Rebel Fund, Arash Ferdowsi (Co-Founder Dropbox), Starling Ventures
OUTCOMES
2.5 x
45%
Partnered with Mayor of Bogota's Office
Launched AI-powered recruitment platform in the US
Higher retention rate than industry average (10 vs. 4 months) for candidates hired through HoyTrabajas.
Operational candidates sent to clients are successfully hired.
Expanded to Mexico
OWL VENTURES INVESTMENT
2023
2024
2023
2022
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
HOYTRABAJAS
SCALE
PAIN
387 k+
470+
3.7 k+
Interplay Learning is the leading global provider of online and VR training for essential skilled trades.
SCHOOLS & HIGHER ED. INST.
Students
EMPLOYERS
Employers and communities feel the pain of not having enough skilled trades professionals to meet an all-time high in demand.
Doug Donovan
CEO
Skilled Trades
Focus
OUTCOMES
SOLUTIoN
FOUNDED
2016
92%
Positive business impact for employers.
89%
Employers say Interplay helped them train techs faster.
Interplay’s solution is a platform that attracts and trains a tech-savvy generation on trade skills.
Doug Donovan
FOUNDER
NOTABLE CO-INVESTORS
Goldman Sachs, S3 Ventures, Strada Education Network
ACQUIRED Industrial Training International
Released AI mentor in beta
KIM CALDBECK JOINED THE BOARD
OWL VENTURES INVESTMENT
2023
2024
2023
2021
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
INTERPLAY LEARNING
CASE STUDY
How Sila Services Trains the Next Generation with IN-Field & Virtual Tools
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
INTERPLAY LEARNING
SCALE
PAIN
200+
200+
MasterClass is the streaming platform that provides the insights, tools, and lived experiences of the world’s best so that members can become their best—at work and in their personal lives.
COUNTRIES
INSTRUCTORS
Regardless of their stage in life, consumers want to better themselves and are seeking personal and professional development.
David Rogier
ACCESS
CEO
150 k+
Incarcerated or formerly incarcerated individuals reached
SOLUTIoN
Consumer and Enterprise Learning
Focus
MasterClass makes it possible for anyone to watch or listen to hundreds of video lessons taught by 200+ of the world’s best.
700 k+
Annual memberships distributed to underserved individuals
FOUNDED
2015
FOUNDER
1 k+
Partner organizations in the MasterClass Grant Program
David Rogier
NOTABLE CO-INVESTORS
Fidelity Management & Research Company, Javelin, Eldridge
OUTCOMES
Launched MasterClass Certificates
Launched MasterClass On Call
83%
83%
MasterClass users agree that they have applied something they have learned from MasterClass to their lives.
MasterClass users learn something every time they use MasterClass.
Partnered with Hyatt
OWL VENTURES INVESTMENT
2025
2023
2024
2021
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
MASTERCLASS
CASE STUDY
“In an exclusive demo, Inc. got access to AI versions of sleep expert Matt Walker and Black Swan Group founder and former FBI hostage negotiator Chris Voss, the first two personas currently available in the public beta. The AI voices are remarkably similar to their human counterparts, with natural-sounding cadence and fast response times. When asked for help with a hypothetical salary negotiation, the AI-Voss discussed how to approach the conversation, provided tips on how to strike a balance between confidence and humility, and drafted an initial outreach email. Future updates will bring new in-development personas, enable the AI mentors to remember previous conversations, and give users the ability to upload documents (like pitch decks) for the AI instructors to review.” READ MORE
Inc. wrote the following review when they got first looks at MasterClass On Call
MasterClass is bringing its famous teachers into the AI arena
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
MASTERCLASS
SCALE
PAIN
20 m+
115
Mighty Networks is a community platform that uses advanced technology and AI to create what it calls People Magic, connecting members to build relationships and engagement.
USERS
COUNTRIES
Content bloat and AI bots make running an online business and building genuine connections challenging due to increasing disconnection.
Gina Bianchini
OUTCOMES
CEO
70%+
Mighty Networks use AI and People Magic to drive engagement.
$500 m+
Generated by Mighty Networks Hosts in the past 12 months.
Digital Goods and Services
Focus
SOLUTIoN
FOUNDED
2017
Mighty Networks’ People Magic uses advanced technology to foster meaningful relationships online and offline, connecting members to build engagement and true community.
Gina Bianchini
FOUNDER
NOTABLE CO-INVESTORS
Sierra Ventures, Qualcomm Ventures, Osage Venture Partners
CASE STUDY
HOW TEAM4TECH USES MIGHTY NETWORKS TO IMPROVE EDUCATION AROUND THE WORLD
Team4Tech launched a global educator network on Mighty Networks to connect nonprofits and education leaders. After two years, they’ve grown to 980 members, with 99% coming through referrals. Team4Tech is now able to scale impact worldwide with coaching, courses, and challenges by using a platform that makes growth easy.
Launched People Magic
Launched Mighty Co-HostsTM
OWL VENTURES INVESTMENT
Acquired Boomtown Growth
2023
2025
2021–23
2021
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
MIGHTY NETWORKS
SCALE
PAIN
200 k+
1600
250
Preply is a global language learning marketplace, connecting tutors with millions of learners across the world.
EDUCATORS
EMPLOYERS
COUNTRIES
The offline language learning journey is expensive, inflexible, and offers a limited number of good language teachers.
Kirill Bigai
CEO
ACCESS
Language Tutoring
SOLUTIoN
Focus
40%
2012
FOUNDED
Preply connects learners to the largest and best tutor selection, great prices, and flexibility, with AI-powered tools and content.
ENGLISH LANGUAGE LEARNERS
Kirill Bigai, Dmytro Voloshyn, and Serge Lukyanov
CO-FOUNDERS
Reach Capital and Point Nine Capital
NOTABLE CO-INVESTORS
OUTCOMES
Partnered with ETS for TOEFL iBT® Test Preparation
70 k+
Tutors make money every month by teaching on Preply.
170+
Different subjects taught on Preply in 240+ countries.
LAUNCHED AI-enabled tools
Named in A16Z Marketplace 100
OWL VENTURES INVESTMENT
2023
2025
2023
2015
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
PREPLY
CASE STUDY
Demonstrating Measurable Progress with Personalized Learning
In 2025, we set out to understand how effectively Preply helps learners progress—especially when supported by personalized guidance and consistent, human-led learning. We designed a 12-week study focused on English language learners from Spain. The goal? To measure what changes when learners engage in regular 1-on-1 lessons with a Preply tutor. WHAT WE DID 67 native Spanish speakers between the ages of 25-55 participated in 24 or more English language lessons with a Preply tutor over 12 weeks. Each participant completed:
KEY FINDINGS 1. Confidence and Fluency Grow with Consistency
- 97% of all participants reported feeling confident speaking English after engaging in the Preply language learning program.
- 94% felt their fluency improved, with statistically significant gains in fluency ratings across the board.
2. Personalized Learning Drives Results- 99% reported having a personalized learning experience with PreplyLearners valued real-time feedback, human interaction, and program flexibility the most.
3. Human Interaction is Critical4. Language Learning That Impacts Careers
- 80% felt more prepared to give presentations in English.
5. Real Skill Gains—Backed by Testing“I had my first ever job interview in English and surprised myself with how confident and comfortable I felt. I got the job!”– Cesar, Journalist “Last week, I joined a work meeting in English and realized how much more confident I’ve become. It made me see just how far I’ve come with Preply.”– Paloma, Lawyer “Thanks to Preply, I can now conduct psychotherapy sessions with international patients confidently and fluently.”– Elena, Psychologist
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
PREPLY
SCALE
PAIN
1.51 m+
1300
Sanjieke connects global high-quality course resources and assists enterprises in digital transformation and talent upgrading.
USERS
EMPLOYERS
Companies have limited access to high-quality online courses.
Luke Hou Xianhui
OUTCOMES
CEO
31%
Of China’s Fortune 500 companies served.
75%
Course completion rate.
Online Professional Education Service
Focus
SOLUTIoN
Sanjieke provides high-quality courses on its website and gives users unlimited access to these courses.
FOUNDED
2015
HOU Xianhui
FOUNDER
NOTABLE CO-INVESTORS
IDG, Wu Capital, and Udemy Inc
CASE STUDY
Sanjieke promotes the strategic upgrade of corporate AI talent
Named in TIME’s 2024 Global Top EdTech Companies
Transitioned to 100% online education
Sanjieke launched an “AIGC Learning Festival" to provide useful references and practical guidelines for corporate AI talent training. They have launched 500 Gen AI courses. and the learning time of AI application courses has increased by 8,303%.
Launched AIGC Learning Fest Link
Partnered with Udemy
OWL VENTURES INVESTMENT
2024
2022
2024
2019
2023
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
SANJIEKE
OUTCOMES
85%
More cost-effective than traditional content creation.
10x
Faster delivery of custom, scalable training content.
PAIN
Schemata specializes in virtual training and simulations for industrial and defense purposes.
Defense and enterprise sectors contend with transitory workers who require prompt and safe training for complex physical equipment.
James Brown
CEO
Front-Line Worker Training
SOLUTIoN
Focus
2022
FOUNDED
Schemata uses 3D reconstruction and AI to accelerate training, cutting costs while enabling frontline workers to learn quickly, operate safely, and perform confidently.
James Brown, Huy Nguyen, and James Roberts
CO-FOUNDERS
A16z Speedrun
NOTABLE CO-INVESTORS
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
SCHEMATA
GETTING TO KNOW SKILLTRADE BETTER
How do you envision your product creating a positive impact on individuals, businesses, or society as a whole?
PAIN
Skilltrade delivers flexible, outcomes-driven training programs that create future-ready talent pipelines and empowered career pathways for high-demand healthcare roles.
Skilltrade empowers workers with debt-free career pathways into higher-paying healthcare jobs, while businesses benefit from a skilled talent pipeline. Community health is strengthened with improved patient care and retention.
Healthcare employers face critical staffing shortages and a lack of job-ready talent, while employees struggle with affordable, accessible career advancement.
Jason Aubrey
CEO
What metrics or key performance indicators (KPIs) do you track or plan to track to measure the impact of your product?
Healthcare Workforce Development and Training
Focus
SOLUTIoN
Skilltrade tracks graduates’ program completion rates, post-certification job placement rates, average wage increases, and employer retention rates, along with student satisfaction scores during program completion.
2024
FOUNDED
Skilltrade tackles talent gaps and inaccessible career mobility through rapid, employer-aligned training and funding pathways.
Jason Aubrey
FOUNDER
How do you address the issue of accessibility and inclusivity in your edtech product, particularly for students from disadvantaged backgrounds or with special needs?
OUTCOMES
90%
100%
Skilltrade’s flexible model accommodates working professionals, and institutional partnerships reach underserved populations. Efforts are made to ensure affordability with external funding, like Amazon Career Choice and government grants.
Graduate retention rate.
Certification pass rate among graduates.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
SKILLTRADE
SCALE
PAIN
100
25
Smalt expands climate trades talent and productivity through workforce development, training, and scalable service delivery for clean energy products.
USERS
STUDENTS
As the demand for climate products surges, blue collar talent supply to install and service clean energy products remains broken.
Khurram Masood
CO-CEO
ACCESS
SOLUTIoN
Clean Energy Installation and Education
Focus
40%
80%
Smalt’s workforce development and service delivery platform trains new installers, scales labor supply, and boosts productivity to meet climate sector needs.
FOUNDED
2023
Students of Color
English Language Learners
Khurram Masood and Marius Westhoff
CO-FOUNDERS
Marius Westhoff
NOTABLE CO-INVESTORS
General Catalyst and Heartfelt Ventures
OUTCOMES
CO-CEO
500+
Solar systems installed.
1 k+
Tonnes of CO2 emissions saved.
Key Partnerships
OWL VENTURES INVESTMENT
Opened In-house Academy
Opened Hubs
2023
2024
2023
2022
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
SMALT
SCALE
PAIN
1.2 m+
9.4 m+
Stash is the industry-leading subscription platform empowering middle-class Americans to invest and build wealth.
SUBSCRIBERS1
ACCOUNTS2
No tool, service, or platform guides lower- and middle-income Americans toward investing and other activities that lead to wealth building.
Brandon Krieg
OUTCOMES
CO-CEO
Personal Finance and Investing
Focus
$4.5 b+
Assets set aside by Stash users.
9x
More savings after one year by customers who use Auto-Stash.
SOLUTIoN
2015
FOUNDED
Brandon Krieg and Ed Robinson
CO-FOUNDERS
Stash empowers subscribers to invest and build wealth through easy and affordable access to a suite of products including investing, banking, education, rewards, and advice.
NOTABLE CO- INVESTORS
T. Rowe Price, USV, Goodwater Capital, Breyer Capital, University of Illinois
Ed Robinson
CO-CEO
CASE STUDY
With $4.3B Under Management, Stash Secures $146M Series H to Lead the Next Era f AI-Driven Financial Guidance
Launched AI Money Coach
Launched StashWorks
OWL VENTURES INVESTMENT
2024
2025
2021
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
STASH
SCALE
PAIN
6 k+
500+
SV Academy provides sales and customer success education and onboarding to talent at no cost to employers.
STUDENTS
EMPLOYERS
Students often go into debt to reach career goals, and employers take financial risks hiring new graduates.
Michael Colonnese
OUTCOMES
CEO
50%
30%
Quicker ramp-up for new hires.
Faster hiring timeline for employer partners.
Training and Placement
SOLUTIoN
Focus
2017
FOUNDED
SV Academy blends education with onboarding to match students with employers prior to acceptance, paying students to get an education and a job.
Rahim Fazal and Joel Scott
CO-FOUNDERS
Leeds Illuminate
NOTABLE CO-INVESTORS
CASE STUDY
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
SV ACADEMY
SCALE
PAIN
970 k+
220+
160+
Thrive Global is a behavior change technology company with the mission to improve productivity and health outcomes.
USERS
COUNTRIES
EMPLOYERS
Arianna Huffington
CEO
OUTCOMES
SOLUTIoN
Behavior Change Technology
Focus
FOUNDED
2016
55%
Increase in stress management scores among Thrive Program users.
82%
Contact center agents said Thrive Reset made stress more manageable.
Thrive Global utilizes AI and behavior change technology to help people adopt healthy habits, better health outcomes and productivity.
Arianna Huffington
FOUNDER
NOTABLE CO-INVESTORS
Kleiner Perkins, IVP, JAZZ Venture Partners, Goldman Sachs Asset Management
Launched across Microsoft’s global workforce
Launched Thrive AI Health with OpenAI Startup Fund
Deepened partnership with Webex
Partnered with Eli Lilly and Company
CASE STUDY
Expanded Mission
OWL VENTURES INVESTMENT
THRIVE GLOBAL AND NATIONAL DOMESTIC VIOLENCE HOTLINE INTRODUCE STRESS-RESET PARTNERSHIP
2023
2023
2024
2021
2025
2025
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
THRIVE GLOBAL
SCALE
PAIN
500 k+
800+
15+
UBITS is the learning hub for the Latin American workforce that offers an all-in-one software to develop talent and boost HR efficiency.
EMPLOYEES
COMPANIES
COUNTRIES
Skills gaps and access to high quality education exists in Latin American countries.
Julian Melo
ACCESS
CEO
48%
B2B e-Learning and HR Talent Management
SOLUTIoN
Focus
FEMALE
UBITS offers access to 15K+ courses to develop business, tech, English, and soft skills for employees, paid for by the employers.
FOUNDED
2018
OUTCOMES
Julián David Melo and Marta Forero
CO-FOUNDERS
87%
Users report feeling more confident in their roles after UBITS learning.
89%
Users reported improved skills.
NOTABLE CO-INVESTORS
Riverwood Capital Latam L.P
Recognized as top Employer for Youth
OWL VENTURES INVESTMENT
KEY PARTNERSHIPS
Launched Scholarships
CASE STUDY
UBITS DRIVES WORKFORCE TRANSFORMATION ACROSS LATAM WITH SCALABLE, ON-DEMAND LEARNING
2023
2023-25
2021
2025
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
UBITS
SCALE
PAIN
250 k+
475
77
Workera is an AI-native skills intelligence platform that assesses, develops, and deploys talent for today’s evolving AI landscape.
USERS
COUNTRIES
EMPLOYERS
Organizations struggle with employee upskilling, technology adoption, and talent decision-making in an AI-driven world.
Kian Katanforoosh
CEO
OUTCOMES
SOLUTIoN
Workforce Development and Talent Management
Focus
54%
Increase in GenAI proficiency with Workera.
7.5 m+
Skills verified for organizations worldwide.
Workera’s AI-powered skill assessments and insights help power strategic workforce decisions through personalized development and talent benchmarking.
2019
FOUNDED
Kian Katanforoosh
FOUNDER
NOTABLE CO-INVESTORS
AIFund, NEA, In-Q-Tel, Accenture, and Jump Capital
Named to Fast Company’s Most Innovative Companies List
Key Partnerships
Selected as WEF Tech Pioneer 100
OWL VENTURES INVESTMENT
Launched free AI skill Assessments
2024
2025
2021-22
2024
2020
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
WORKERA
CASE STUDY
U.S. Marine Corps Partners with Workera to Revolutionize Civilian Workforce Development
In March 2025, the U.S. Marine Corps (USMC) selected Workera to enhance the capabilities of its civilian Professional Analysts, aiming to evaluate mission-critical workforce skills with data-driven insights. CHALLENGE The Marine Corps needed precise, scalable tools to measure and strengthen skills in mission-critical analyst roles. SOLUTION Workera’s platform, which measures more than 10,000 skills using advanced AI, enabled leaders to identify gaps, make data-backed decisions, and customize analysts’ development.
RESULT Leaders gained visibility into the skill strengths and gaps of Professional Analysts, enabling better alignment of training investments with strategic mission needs. The foundation was laid for agile reskilling and upskilling, with potential to extend to other civilian workforce groups. The pilot program is expected to expand to other USMC civilian segments within the Marine Corps, with the goal of creating a fully skills-verified workforce. This model may guide other federal agencies seeking to use AI tools to modernize talent development.
"Our partnership with the U.S. Marine Corps underscores the impact AI-driven skills intelligence can have on workforce development within mission-critical organizations. By providing precise, actionable insights into skills capabilities, we're enabling the Marine Corps to strategically align and optimize their civilian workforce, and we look forward to continued collaboration with the USMC and Chief Digital and Artificial Intelligence Office on future initiatives." – Kian Katanforoosh, CEO, Workera.
OWL VENTURES EDUCATION OUTCOMES REPORT 2025 |
FUTURE OF WORK |
WORKERA
23 k teacher hours saved using Authentica seed™ to date.
Statistically significant gains (p < 0.001) reflect ~5 months of accelerated learning over two years.
Metro Nashville Public Schools
AICTE is the governing body responsible for the development of India’s technical education system. This partnership will facilitate building “AICTE Career Portal,” with features like AI resume building, real-time notifications, and community engagement for engineering and management graduates. Read More here
75% of parents observe positive results from month 1. By month 2, parents note that children ‘love learning English’. By month 4, parents see constant vocabulary improvement. Pronunciation and school results improve steadily over 6 months.
In a randomized trial, the intervention group improved 13% while the control group declined 3%.
Based on Stash internal data as of February 10, 2025.
The Louisiana Department of Education provided Amira state-wide, and when used frequently, Amira produced a positive acceleration on State Scores.
Read more here
At RUSD's Julian Thomas Elementary, there was an 8% reduction in student absences using Panorama Student Success.
Patients applied program skills to reduce inpatient visits, shorten hospital stays, and manage comorbidities.
The Individualized Educational Plan (IEP) is a plan developed to ensure that a child who has a disability identified under the law and is attending an elementary or secondary educational institution receives specialized instruction and related services.The 504 Plan is a plan developed to ensure that a child who has a disability identified under the law and is attending an elementary or secondary educational institution receives accommodations that will ensure their academic success and access to the learning environment.
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94% of Novakid students passed their summative assessment by the second attempt, with 67% succeeding on the first try in 2024.Summative assessments, placed at the end of each level, evaluate students’ mastery of key learning objectives. The high pass rate by the second attempt highlights how effectively Novakid supports students. The two-thirds success rate on the first attempt further reflects strong curriculum pacing and learning retention.
Amira generated reading gains in the Houston Independent School District that were 300%+ greater than Houston students who did not work with the Reading Tutor.
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Thrive Reset is a science-backed tool that guides users through short, interactive breathing and mindfulness breaks to reduce stress in real time.Contact center agents also reported:
Upland Unified School District saw 15-17% gains in ELA scores for teams using Class Companion.
Amira generated reading gains in the Houston Independent School District that were 300%+ greater than Houston students who did not work with the Reading Tutor.
Read more here
94% of Novakid students passed their summative assessment by the second attempt, with 67% succeeding on the first try in 2024.Summative assessments, placed at the end of each level, evaluate students’ mastery of key learning objectives. The high pass rate by the second attempt highlights how effectively Novakid supports students. The two-thirds success rate on the first attempt further reflects strong curriculum pacing and learning retention.
At RUSD's Julian Thomas Elementary, there was an 8% reduction in student absences using Panorama Student Success.
76% of students starting in the fall with 1st grade-level reading gaps progressed to 2nd grade reading levels by the spring.
Gains were both widespread and equitably distributed, with significant progress among historically underserved student groups, including economically disadvantaged students.
Public Schools of Robeson County
This is in addition to
Newsela users gained four additional months of literacy growth relative to peers who used the classroom magazines, and was 2x as effective as regular 8th grade instruction, according to an ESSA Tier II Study.
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23 k teacher hours saved using Authentica seed™ to date.
“Set Aside” is defined as complete incoming transfers from external funding sources to Stash across all brokerage and banking accounts. This statistic does not take withdrawal into consideration.
Based on Stash internal data as of February 10, 2025.
89% of students starting in the fall with kindergarten-level gaps progressed to 1st and 2nd grade reading levels by spring
The Vineland is an assessment that measures the skills an individual engages in that allow the individual every day, independent functionality.
Thrive Reset is a science-backed tool that guides users through short, interactive breathing and mindfulness breaks to reduce stress in real time.Contact center agents also reported:
AICTE is the governing body responsible for the development of India’s technical education system. This partnership will facilitate building “AICTE Career Portal,” with features like AI resume building, real-time notifications, and community engagement for engineering and management graduates. Read More here
89% of students starting in the fall with kindergarten-level gaps progressed to 1st and 2nd grade reading levels by spring.
A Fortune 500 manufacturer deployed an AI Readiness program and boosted its internal AI Readiness index in under 30 days.
“Set Aside” is defined as complete incoming transfers from external funding sources to Stash across all brokerage and banking accounts. This statistic does not take withdrawal into consideration.
75% of parents observe positive results from month 1. By month 2, parents note that children ‘love learning English’. By month 4, parents see constant vocabulary improvement. Pronunciation and school results improve steadily over 6 months.
The Vineland is an assessment that measures the skills an individual engages in that allow the individual every day, independent functionality.
Upland Unified School District saw 15-17% gains in ELA scores for teams using Class Companion.
A study of 3,000 teachers and 80,000 students found that completing Newsela assignments online 1-2x weekly led to better ELA outcomes than printing articles.
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A study of 3,000 teachers and 80,000 students found that completing Newsela assignments online 1-2x weekly led to better ELA outcomes than printing articles.
Read more here
A Fortune 500 manufacturer deployed an AI Readiness program and boosted its internal AI Readiness index in under 30 days.
This is in addition to
76% of students starting in the fall with 1st grade-level reading gaps progressed to 2nd grade reading levels by the spring.
Gains were both widespread and equitably distributed, with significant progress among historically underserved student groups, including economically disadvantaged students.
Public Schools of Robeson County
Newsela users gained four additional months of literacy growth relative to peers who used the classroom magazines, and was 2x as effective as regular 8th grade instruction, according to an ESSA Tier II Study.
Read more here
The Louisiana Department of Education provided Amira state-wide, and when used frequently, Amira produced a positive acceleration on State Scores.
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In a randomized trial, the intervention group improved 13% while the control group declined 3%.
Patients applied program skills to reduce inpatient visits, shorten hospital stays, and manage comorbidities.
Statistically significant gains (p < 0.001) reflect ~5 months of accelerated learning over two years.
Metro Nashville Public Schools
- 1 m teachers at the time of acquisition, with an 18% increase during the 2023-24 school year
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