Home > Resources > Articles > 8 Criteria For Choosing An LMS For Corporate Compliance Training

8 Criteria For Choosing An LMS For Corporate Compliance Training

Whether you are searching for a new Learning Management System or looking to take your first steps into digital and blended workplace learning, there are a number of factors to consider. As with any investment, it pays to shop around. But what is it you should really be looking for?Firstly, you need to assess why your current learning strategy isn’t working. Is a paper-based system too cumbersome? Is your current system failing to meet reporting or data-led expectations? Has your organisation expanded beyond the capabilities of your current learning plan? Whatever reason you have for shopping around for a new LMS, you should always search for the criteria that meet your organisation’s needs.When it comes to compliance training, there are many needs an LMS should fulfil, so here are a few to look out for and questions to ask.

Spotlight

Swing Education

On average, U.S. students are with substitute teachers for 5% of the typical school year. That means our students have substitute teachers for more than six months of their K-12 school career. The problem? We're suffering from a national shortage of substitute teachers.Swing Education is focused on tackling the substitute teacher shortage. We make it easy for great schools and quality subs to find each other. We help schools access more subs and offload tedious work (recruiting, screening, payroll, etc.) and we help subs find jobs, gain experience and build their professional network.

OTHER ARTICLES
Education Technology

Why Responsive Learning Management Systems Are The Future Of Successful LMSs

Article | July 15, 2022

You can’t future-proof your L&D initiatives, no matter how much you allocate for employee development. Technology evolves and new techniques emerge to continually change the eLearning landscape. However, you can prepare your mobile training program by choosing the right responsive LMS. Mobile LMS platforms keep you one step ahead of the tech curve so that you’re ready for anytime, anywhere Performance Management. But you still need to make a strong business case to reluctant stakeholders to show them that responsive Learning Management Systems are the future of successful LMS implementation. Here are 8 notable benefits that may win them over.

Read More
Online Education

A Guide to Teaching English for Beginners

Article | July 12, 2022

If you’ve been thinking about teaching English in the classroom or online, you’ve come to the right place. To succeed in it, you’ll need some basic knowledge of the ESL essentials, teaching skills, and how to compose yourself while juggling everything in between. We want to make sure you’re set up for success and ready to teach young learners. This Teaching Essentials Blog Series looks at some tools-of-the-trade for online ESL instruction. In it, we explore a few key concepts and dive into what makes them indispensable to our teachers.

Read More
Continuing Education

Finding a New Passion Through Online Teaching

Article | November 15, 2022

Salsa steps to the side. Quick hip turns. Smile through the sweat. That’s Teacher Dashia’s routine as she leads another one of her high energy Zumba classes in Las Vegas. Naturally, Latin dance-inspired fitness was a great fit for Dashia as it tapped into her passion for health, dance, and her Dominican heritage. Being a mother of two young kids requires a lot of attention and many trips to the park. Helping others shake it up and slim down gave Teacher Dashia the creative outlet she needed for 8 years.

Read More
Education Technology

3 AI Trends to Watch in K–12 Educational Technology for 2022

Article | December 15, 2021

There’s no question the COVID-19 pandemic has brought many challenges to everyday life. But it has also spurred rapid growth in technologies that aim to make everyday life simpler, such as artificial intelligence and machine learning. Many industries have been fueling this growth, automating processes through AI (the use of computers and machines to mimic human problem-solving and decision-making abilities). K–12 education is no exception. As schools rushed to accommodate remote learning with little notice — and maintain a secure online network for students and staff — many incorporated elements of AI and ML. Between digital assistants, endpoint security, chatbots and more, AI is gaining a foothold in U.S. classrooms. Here are three trends to look for in 2022: AI in Digital Assistants Helps K–12 Teachers Manage Classrooms “Alexa, read us a story.” That’s one way teachers are using digital assistants, such as the popular Amazon Echo device — technology that many parents of home-bound students used last year to aid in their children’s educational routines — in the classroom. One school district in California has integrated this technology even further with the Symphony Classroom device from Merlyn Mind, described as the world’s first digital assistant for education. The device is powered by Edge AI, combining artificial intelligence with edge computing technology. It’s a way of getting technology to kids where they’re at and when they need it, says Brian Fish, an English teacher at Rancho Verde High School in California. “Nothing can replace a teacher. However, technology can expand teaching,” Fish says. Elsewhere in the Val Verde Unified School District, first grade teacher Jennifer Thornton says it comes in handy in her classroom because she’s never at her desk for very long. Through voice commands, Merlyn — the name given to the AI — can navigate tabs on Thornton’s computer and play or pause a YouTube video for a lesson, for example. “It’s helped a lot with the classroom management,” she says. Darren Crist, an elementary special education teacher in the district, also uses it for videos in his classroom. But Merlyn’s best feature, at least for Crist’s students, is its visual timer, which helps them with time management and more. Crist also assigns students to be in charge of Merlyn as a classroom job, which helps them develop life skills. “As a special ed teacher I’m focused a lot on, not just the normal standards of academics, but making sure that my kids are able to get some of that executive functioning they might be lacking,” he says. "Nothing can replace a teacher. However, technology can expand teaching.” - Brian Fish English teacher, Rancho Verde High School Next-Generation Cybersecurity Solutions Integrate AI Technology The use of AI and ML is also shaping cybersecurity and the IT industry. For example, these technologies “can offer IT security professionals a way to enforce good cybersecurity practices and shrink the attack surface instead of constantly chasing after malicious activity,” BizTech reports. So, what does that mean for schools? Between January and May 2020, as the pandemic took root, the use of remote management and collaboration apps increased by 87 percent and 141 percent, respectively, in K–12 schools, according to an Absolute Software survey of more than 10,000 school and district representatives. Despite the rise in online applications for teaching and learning, “educational institutions are spending more on endpoint security yet gaining less visibility and control. Forty-one percent of schools say tracking devices is one of their most significant challenges,” Forbes reported. That’s where technology such as next-generation endpoint security comes into play. “This advanced protection leverages artificial intelligence to recognize potentially dangerous threats — both known and unknown — in real time without the need for signatures, increasing speed-to-action via a proactive, streamlined security protocol,” according to a CDW•G white paper. Cybersecurity solutions powered by AI and ML are becoming more popular in school districts because they give time back to small IT teams and allow them to scale security with the introduction of large device fleets. Chatbots Rely on AI to Improve Communication and Tutoring AI-powered chatbots have been shown to improve classroom efficiency and help teachers communicate with parents. Since the onset of the pandemic, even more uses for chatbots have started to gain steam. With tutoring seen as a solution to helping students overcome the COVID-19 learning disruption, chatbots could help bridge the equity gap between students who can’t afford private, traditional tutors and those who can. “To me, AI is just a set of simple tools that we can use, in this case, to figure out some problems that teachers and kids are persistently having,” researcher Neil Heffernan, a computer science professor at Worcester Polytechnic Institute, says. “The real magic is giving human tutors and teachers a little bit of information on what’s going on so they can be more efficient.” Google released a suite of programs for higher education that include virtual assistants and, as of November, an AI tutor. The applications in this software suite, called Student Success Services, can be customized for use in K–12 classrooms.

Read More
Education Technology

3 Pillars of SEL that Every Educator Must Embody

Article | July 15, 2022

You can’t future-proof your L&D initiatives, no matter how much you allocate for employee development. Technology evolves and new techniques emerge to continually change the eLearning landscape. However, you can prepare your mobile training program by choosing the right responsive LMS. Mobile LMS platforms keep you one step ahead of the tech curve so that you’re ready for anytime, anywhere Performance Management. But you still need to make a strong business case to reluctant stakeholders to show them that responsive Learning Management Systems are the future of successful LMS implementation. Here are 8 notable benefits that may win them over.

Read More
Online Education

5 Strategies for Schools to Win an Education Grant

Article | July 12, 2022

If you’ve been thinking about teaching English in the classroom or online, you’ve come to the right place. To succeed in it, you’ll need some basic knowledge of the ESL essentials, teaching skills, and how to compose yourself while juggling everything in between. We want to make sure you’re set up for success and ready to teach young learners. This Teaching Essentials Blog Series looks at some tools-of-the-trade for online ESL instruction. In it, we explore a few key concepts and dive into what makes them indispensable to our teachers.

Read More
Continuing Education

3 Ways to Monitor Student Progress in Class with Classroom Management

Article | November 15, 2022

Salsa steps to the side. Quick hip turns. Smile through the sweat. That’s Teacher Dashia’s routine as she leads another one of her high energy Zumba classes in Las Vegas. Naturally, Latin dance-inspired fitness was a great fit for Dashia as it tapped into her passion for health, dance, and her Dominican heritage. Being a mother of two young kids requires a lot of attention and many trips to the park. Helping others shake it up and slim down gave Teacher Dashia the creative outlet she needed for 8 years.

Read More
Education Technology

3 AI Trends to Watch in K–12 Educational Technology for 2022

Article | December 15, 2021

There’s no question the COVID-19 pandemic has brought many challenges to everyday life. But it has also spurred rapid growth in technologies that aim to make everyday life simpler, such as artificial intelligence and machine learning. Many industries have been fueling this growth, automating processes through AI (the use of computers and machines to mimic human problem-solving and decision-making abilities). K–12 education is no exception. As schools rushed to accommodate remote learning with little notice — and maintain a secure online network for students and staff — many incorporated elements of AI and ML. Between digital assistants, endpoint security, chatbots and more, AI is gaining a foothold in U.S. classrooms. Here are three trends to look for in 2022: AI in Digital Assistants Helps K–12 Teachers Manage Classrooms “Alexa, read us a story.” That’s one way teachers are using digital assistants, such as the popular Amazon Echo device — technology that many parents of home-bound students used last year to aid in their children’s educational routines — in the classroom. One school district in California has integrated this technology even further with the Symphony Classroom device from Merlyn Mind, described as the world’s first digital assistant for education. The device is powered by Edge AI, combining artificial intelligence with edge computing technology. It’s a way of getting technology to kids where they’re at and when they need it, says Brian Fish, an English teacher at Rancho Verde High School in California. “Nothing can replace a teacher. However, technology can expand teaching,” Fish says. Elsewhere in the Val Verde Unified School District, first grade teacher Jennifer Thornton says it comes in handy in her classroom because she’s never at her desk for very long. Through voice commands, Merlyn — the name given to the AI — can navigate tabs on Thornton’s computer and play or pause a YouTube video for a lesson, for example. “It’s helped a lot with the classroom management,” she says. Darren Crist, an elementary special education teacher in the district, also uses it for videos in his classroom. But Merlyn’s best feature, at least for Crist’s students, is its visual timer, which helps them with time management and more. Crist also assigns students to be in charge of Merlyn as a classroom job, which helps them develop life skills. “As a special ed teacher I’m focused a lot on, not just the normal standards of academics, but making sure that my kids are able to get some of that executive functioning they might be lacking,” he says. "Nothing can replace a teacher. However, technology can expand teaching.” - Brian Fish English teacher, Rancho Verde High School Next-Generation Cybersecurity Solutions Integrate AI Technology The use of AI and ML is also shaping cybersecurity and the IT industry. For example, these technologies “can offer IT security professionals a way to enforce good cybersecurity practices and shrink the attack surface instead of constantly chasing after malicious activity,” BizTech reports. So, what does that mean for schools? Between January and May 2020, as the pandemic took root, the use of remote management and collaboration apps increased by 87 percent and 141 percent, respectively, in K–12 schools, according to an Absolute Software survey of more than 10,000 school and district representatives. Despite the rise in online applications for teaching and learning, “educational institutions are spending more on endpoint security yet gaining less visibility and control. Forty-one percent of schools say tracking devices is one of their most significant challenges,” Forbes reported. That’s where technology such as next-generation endpoint security comes into play. “This advanced protection leverages artificial intelligence to recognize potentially dangerous threats — both known and unknown — in real time without the need for signatures, increasing speed-to-action via a proactive, streamlined security protocol,” according to a CDW•G white paper. Cybersecurity solutions powered by AI and ML are becoming more popular in school districts because they give time back to small IT teams and allow them to scale security with the introduction of large device fleets. Chatbots Rely on AI to Improve Communication and Tutoring AI-powered chatbots have been shown to improve classroom efficiency and help teachers communicate with parents. Since the onset of the pandemic, even more uses for chatbots have started to gain steam. With tutoring seen as a solution to helping students overcome the COVID-19 learning disruption, chatbots could help bridge the equity gap between students who can’t afford private, traditional tutors and those who can. “To me, AI is just a set of simple tools that we can use, in this case, to figure out some problems that teachers and kids are persistently having,” researcher Neil Heffernan, a computer science professor at Worcester Polytechnic Institute, says. “The real magic is giving human tutors and teachers a little bit of information on what’s going on so they can be more efficient.” Google released a suite of programs for higher education that include virtual assistants and, as of November, an AI tutor. The applications in this software suite, called Student Success Services, can be customized for use in K–12 classrooms.

Read More
MORE ARTICLES

Spotlight

Swing Education

On average, U.S. students are with substitute teachers for 5% of the typical school year. That means our students have substitute teachers for more than six months of their K-12 school career. The problem? We're suffering from a national shortage of substitute teachers.Swing Education is focused on tackling the substitute teacher shortage. We make it easy for great schools and quality subs to find each other. We help schools access more subs and offload tedious work (recruiting, screening, payroll, etc.) and we help subs find jobs, gain experience and build their professional network.

Related News

Education Technology

Schoox Recognized as a Top LMS with Learning Analytics Tools by eLearning Industry

Schoox | July 07, 2022

Learning management and talent development software provider Schoox has been acknowledged by eLearning Industry for the effectiveness of its integrated Business Impact which provides actionable insights to learning and development programs. Innovative organizations know learning is a strategic investment with the ability to accelerate business performance. Schoox’s Business Impact capabilities go beyond industry standard LMS analytics to help companies correlate training with results. By importing KPI data, businesses can measure the results of training and explore dependencies between sales, customer satisfaction, product and more. This sets Schoox apart from other LMS analytics tools in the market. And it’s provided to all Schoox customers at no additional charge. “Our team is committed to designing a solution that is as impactful as it is easy to use. “It’s exciting to see our hard work and dedication acknowledged with this ranking." Lefteris Ntouanoglou, founder and Chief Executive Officer of Schoox The recognition by eLearning Industry is the latest industry accolade for Schoox, which was also named a 2022 Corporate Learning Management Systems Leader by G2, the world’s largest tech marketplace. About eLearning Industry eLearning Industry (eLI) is the leading publishing platform that delivers inspiring, industry-specific content to eLearning professionals. As a top-tier eLearning marketplace, we offer a plethora of sophisticated, online marketing solutions to corporate training companies to empower and help them grow. Learn more at https://elearningindustry.com/ About Schoox Schoox transforms learning into business growth. Our SaaS learning platform and course marketplace help companies accelerate business results by unlocking employee potential, boosting customer retention, and driving reseller revenue through learning. Schoox powers learning experiences for numerous organizations around the world, including Subway, Celebrity Cruises, Phillips 66, and Sonesta Hotels.

Read More

Corporate Learning Systems

ProctorFree Releases Latest LMS Integration With Jenzabar

ProctorFree | January 19, 2022

A seamless integration has been developed that provides ProctorFree's on-demand proctoring solutions directly within the Jenzabar One ecosystem. This integration between ProctorFree and Jenzabar eLearning will offer a higher level of security and confidence to exams and other testing performed by higher education institutions, associations, and organizations across the world. The integration will ensure a better online learning and testing experience for students, faculty, and exam administrators using the robust Jenzabar eLearning LMS platform. ProctorFree's secure online exam proctoring technology verifies student identity, protects test content, and deters cheating. Jenzabar offers a complete learning management system (LMS), student information system (SIS), and a host of additional solutions for higher education. "We're so excited to announce our most recent integration with Jenzabar. Jenzabar is well-respected in the higher education industry for its robust solutions, including their learning management system. ProctorFree proudly delivers award-winning online proctoring solutions including fully automated proctoring, human-assisted proctoring, secure web browser, and consultative assessment delivery services. The integration is seamless and easy to use for students, faculty, and administrators." Mike Murphy, CEO of ProctorFree For higher education institutions that necessitate a medium- to high-stakes assessment of knowledge and competency, the ProctorFree-Jenzabar integration establishes additional levels of security. From higher education institutions to government organizations to professional associations, ProctorFree serves a broad range of entities across the globe to add rigor and security to online exams. When student knowledge is assessed via an exam, quiz, or other test, ProctorFree's state-of-the-art technology continuously verifies a student's identity, deters academic dishonesty, and maintains the integrity of exam material by preventing recording or copying of test material during the exam. About ProctorFree Based in Davidson, North Carolina, ProctorFree delivers on-demand, easy-to-use, and cost-effective online proctoring solutions, including fully automated proctoring, human-assisted proctoring, secure browser-based testing, and exam delivery services.

Read More

Education Technology

LEAD, India's largest School EdTech major, becomes first 'EdTech Unicorn' of 2022 after raising $100 mn

LEAD | January 14, 2022

LEAD, India's largest School EdTech player, has raised US $100 million at a valuation of $1.1 billion to continue its mission of transforming schools in India. This funding creates history on several fronts: Makes LEAD the first School EdTech player to enter the Unicorn club Makes LEAD the first EdTech Unicorn of 2022 The Series E funding round was led by WestBridge Capital and GSV Ventures, making this one of their largest EdTech investment to fuel the company's ambitious vision of providing excellent education to every child. While most other EdTech companies offer supplemental education in K-12 or Higher education, LEAD is the only EdTech unicorn focused on transforming core schooling in India with its tech-integrated solutions. The company has seen rapid adoption in the last 4 years and will enter Academic Year 22-23 with 5000 schools across 500+ cities in India with an annual revenue run-rate of $80 million. It'll serve close to 2 million students and is unique in committing and delivering measurable improvement in student learning outcomes in schools. The company plans to use the proceeds to achieve its vision of providing quality affordable education to 25 million+ students with an annual revenue run-rate of $1 Bn. Immediate focus would be towards product and curriculum innovation, growth in its footprint and hiring top talent across functions. In the long term, the company plans to go deeper in the country to serve students in lower fee schools and expand internationally in similar geographies. "A child spends 6 hours in school and only 1 hour in tuitions. Transforming schools, when done right, has massive potential to alter our country's future. LEAD, with its integrated school system has broken new ground in this direction. We believe that in EdTech, Saraswati precedes Lakshmi. Our intense focus has been on learning outcomes and life success of our students. And this has resulted in not only strong adoption and retention by schools but also interest from investors who value returns with real impact. We're extremely thankful to our team of LEADers for staying true to our mission and helping take LEAD to all corners of the country. And we're fortunate to have the trust and support of partners such as WestBridge, Elevar Equity and GSV in this journey. This is a small milestone in our quest towards excellent education for every child." LEAD Co-founders Sumeet Yashpal Mehta and Smita Deorah WestBridge Capital Managing Director Sandeep Singhal said, "We are extremely proud of LEAD's success as the largest School EdTech provider in India. LEAD's growth last year, despite COVID disruptions, underlines its consumer first approach and deep focus on learning outcomes. We are excited to double down our investment in LEAD, to support in its mission of transforming the education sector in India and touching lives of millions of students." GSV Ventures Managing Partner Deborah Quazzo said, "LEAD has emerged as the gold standard for transforming K-12 education in India. The company acts as the Intel inside for affordable schools and guarantees 70%+ mastery in all subjects and all grades for low/middle income students and exceeds the guarantee. We, at GSV, believe that the mastery guarantee is a revolutionary offering in K12 education space and has the potential to be societally transformational for students. With this strong and unique value proposition and exceptional management team, LEAD is well on its path to become world's largest and most impactful School EdTech company." The company's valuation has doubled in the last 9 months on the back of strong growth in its operating and financial metrics. The current round is its fifth round of institutional funding since 2017. Founded by Sumeet Yashpal Mehta and Smita Deorah in 2012, LEAD has been transforming core schooling in India with its innovative full-stack School EdTech solution. Over the years, LEAD has been making global-standard education accessible and affordable to students, especially in non-metro cities. The curriculum in a LEAD-powered school is benchmarked with the best in the world, including schools in Singapore, Canada and USA. About LEAD: LEAD is India's foremost player in the School EdTech category promoted by Sumeet Yashpal Mehta and Smita Deorah, with the mission to transform school education in India. It combines technology, curriculum, and pedagogy into an integrated system of teaching and learning, thus improving student learning outcomes and teacher performance in schools across the country. LEAD's innovative and highly-effective Integrated Learning System significantly strengthens the role of schools, teachers, and parents in advancing the overall growth and development of every child by providing quality education.

Read More

Education Technology

Schoox Recognized as a Top LMS with Learning Analytics Tools by eLearning Industry

Schoox | July 07, 2022

Learning management and talent development software provider Schoox has been acknowledged by eLearning Industry for the effectiveness of its integrated Business Impact which provides actionable insights to learning and development programs. Innovative organizations know learning is a strategic investment with the ability to accelerate business performance. Schoox’s Business Impact capabilities go beyond industry standard LMS analytics to help companies correlate training with results. By importing KPI data, businesses can measure the results of training and explore dependencies between sales, customer satisfaction, product and more. This sets Schoox apart from other LMS analytics tools in the market. And it’s provided to all Schoox customers at no additional charge. “Our team is committed to designing a solution that is as impactful as it is easy to use. “It’s exciting to see our hard work and dedication acknowledged with this ranking." Lefteris Ntouanoglou, founder and Chief Executive Officer of Schoox The recognition by eLearning Industry is the latest industry accolade for Schoox, which was also named a 2022 Corporate Learning Management Systems Leader by G2, the world’s largest tech marketplace. About eLearning Industry eLearning Industry (eLI) is the leading publishing platform that delivers inspiring, industry-specific content to eLearning professionals. As a top-tier eLearning marketplace, we offer a plethora of sophisticated, online marketing solutions to corporate training companies to empower and help them grow. Learn more at https://elearningindustry.com/ About Schoox Schoox transforms learning into business growth. Our SaaS learning platform and course marketplace help companies accelerate business results by unlocking employee potential, boosting customer retention, and driving reseller revenue through learning. Schoox powers learning experiences for numerous organizations around the world, including Subway, Celebrity Cruises, Phillips 66, and Sonesta Hotels.

Read More

Corporate Learning Systems

ProctorFree Releases Latest LMS Integration With Jenzabar

ProctorFree | January 19, 2022

A seamless integration has been developed that provides ProctorFree's on-demand proctoring solutions directly within the Jenzabar One ecosystem. This integration between ProctorFree and Jenzabar eLearning will offer a higher level of security and confidence to exams and other testing performed by higher education institutions, associations, and organizations across the world. The integration will ensure a better online learning and testing experience for students, faculty, and exam administrators using the robust Jenzabar eLearning LMS platform. ProctorFree's secure online exam proctoring technology verifies student identity, protects test content, and deters cheating. Jenzabar offers a complete learning management system (LMS), student information system (SIS), and a host of additional solutions for higher education. "We're so excited to announce our most recent integration with Jenzabar. Jenzabar is well-respected in the higher education industry for its robust solutions, including their learning management system. ProctorFree proudly delivers award-winning online proctoring solutions including fully automated proctoring, human-assisted proctoring, secure web browser, and consultative assessment delivery services. The integration is seamless and easy to use for students, faculty, and administrators." Mike Murphy, CEO of ProctorFree For higher education institutions that necessitate a medium- to high-stakes assessment of knowledge and competency, the ProctorFree-Jenzabar integration establishes additional levels of security. From higher education institutions to government organizations to professional associations, ProctorFree serves a broad range of entities across the globe to add rigor and security to online exams. When student knowledge is assessed via an exam, quiz, or other test, ProctorFree's state-of-the-art technology continuously verifies a student's identity, deters academic dishonesty, and maintains the integrity of exam material by preventing recording or copying of test material during the exam. About ProctorFree Based in Davidson, North Carolina, ProctorFree delivers on-demand, easy-to-use, and cost-effective online proctoring solutions, including fully automated proctoring, human-assisted proctoring, secure browser-based testing, and exam delivery services.

Read More

Education Technology

LEAD, India's largest School EdTech major, becomes first 'EdTech Unicorn' of 2022 after raising $100 mn

LEAD | January 14, 2022

LEAD, India's largest School EdTech player, has raised US $100 million at a valuation of $1.1 billion to continue its mission of transforming schools in India. This funding creates history on several fronts: Makes LEAD the first School EdTech player to enter the Unicorn club Makes LEAD the first EdTech Unicorn of 2022 The Series E funding round was led by WestBridge Capital and GSV Ventures, making this one of their largest EdTech investment to fuel the company's ambitious vision of providing excellent education to every child. While most other EdTech companies offer supplemental education in K-12 or Higher education, LEAD is the only EdTech unicorn focused on transforming core schooling in India with its tech-integrated solutions. The company has seen rapid adoption in the last 4 years and will enter Academic Year 22-23 with 5000 schools across 500+ cities in India with an annual revenue run-rate of $80 million. It'll serve close to 2 million students and is unique in committing and delivering measurable improvement in student learning outcomes in schools. The company plans to use the proceeds to achieve its vision of providing quality affordable education to 25 million+ students with an annual revenue run-rate of $1 Bn. Immediate focus would be towards product and curriculum innovation, growth in its footprint and hiring top talent across functions. In the long term, the company plans to go deeper in the country to serve students in lower fee schools and expand internationally in similar geographies. "A child spends 6 hours in school and only 1 hour in tuitions. Transforming schools, when done right, has massive potential to alter our country's future. LEAD, with its integrated school system has broken new ground in this direction. We believe that in EdTech, Saraswati precedes Lakshmi. Our intense focus has been on learning outcomes and life success of our students. And this has resulted in not only strong adoption and retention by schools but also interest from investors who value returns with real impact. We're extremely thankful to our team of LEADers for staying true to our mission and helping take LEAD to all corners of the country. And we're fortunate to have the trust and support of partners such as WestBridge, Elevar Equity and GSV in this journey. This is a small milestone in our quest towards excellent education for every child." LEAD Co-founders Sumeet Yashpal Mehta and Smita Deorah WestBridge Capital Managing Director Sandeep Singhal said, "We are extremely proud of LEAD's success as the largest School EdTech provider in India. LEAD's growth last year, despite COVID disruptions, underlines its consumer first approach and deep focus on learning outcomes. We are excited to double down our investment in LEAD, to support in its mission of transforming the education sector in India and touching lives of millions of students." GSV Ventures Managing Partner Deborah Quazzo said, "LEAD has emerged as the gold standard for transforming K-12 education in India. The company acts as the Intel inside for affordable schools and guarantees 70%+ mastery in all subjects and all grades for low/middle income students and exceeds the guarantee. We, at GSV, believe that the mastery guarantee is a revolutionary offering in K12 education space and has the potential to be societally transformational for students. With this strong and unique value proposition and exceptional management team, LEAD is well on its path to become world's largest and most impactful School EdTech company." The company's valuation has doubled in the last 9 months on the back of strong growth in its operating and financial metrics. The current round is its fifth round of institutional funding since 2017. Founded by Sumeet Yashpal Mehta and Smita Deorah in 2012, LEAD has been transforming core schooling in India with its innovative full-stack School EdTech solution. Over the years, LEAD has been making global-standard education accessible and affordable to students, especially in non-metro cities. The curriculum in a LEAD-powered school is benchmarked with the best in the world, including schools in Singapore, Canada and USA. About LEAD: LEAD is India's foremost player in the School EdTech category promoted by Sumeet Yashpal Mehta and Smita Deorah, with the mission to transform school education in India. It combines technology, curriculum, and pedagogy into an integrated system of teaching and learning, thus improving student learning outcomes and teacher performance in schools across the country. LEAD's innovative and highly-effective Integrated Learning System significantly strengthens the role of schools, teachers, and parents in advancing the overall growth and development of every child by providing quality education.

Read More

Events