NEW YORK, January 19, 2023 – Presence, the leading provider of online therapy solutions for children with diverse needs, was named to the 2023 Global Silicon Valley 150, a list of the world’s most transformative private companies in education. Presence was chosen from more than 4,000 venture capital and private equity-backed private companies revolutionizing the world of education technology.
“Presence is proud to have earned a coveted spot on the Global Silicon Valley list of transformative companies,” said Kate Eberle Walker, CEO of Presence. “It is meaningful to receive recognition that our contributions to shaping learning experiences for children with diverse needs belong in the broader dialogue with trailblazers and innovators at the 2023 ASU+GSV Summit.”
GSV estimates that together these 150 companies reach roughly three billion people – almost half of the global population – and generate approximately $25 billion in revenue.
“We are excited to release the annual GSV 150, a selection of the leading private companies in digital learning and workforce skilling,” said Alexandra Argo, investor at GSV Ventures. “As we enter into what we call a ‘Brave New World,’ it is clear that you can’t use an old map to navigate a new world. This impressive group of companies continues to grow and evolve to meet the needs of learners and businesses at scale. After evaluating over 4,000 companies globally, we are proud to present the list of the 150 most impactful companies in digital learning that are leading the charge in providing ALL people equal access to the future.”
The list was chosen after a rigorous assessment of more than 4,000 venture capital- and private equity-backed private companies that met the following criteria:
- VC or PE-backed companies in digital learning and workforce skills, excluding public and nonprofit companies
- Companies that have achieved meaningful scale, and primarily, but not exclusively, those that are post-Series A in their development
- Companies experiencing solid, organic top-line growth
The final selection is determined by GSV’s proprietary scoring system, which applies scores across several KPIs such as revenue scale, revenue growth, active learner reach, international reach, and margin profile.
The GSV 150 is distributed across “Pre-K to Gray,” covering early childhood, K-12, higher education, adult consumer learning, and workforce learning. Of these companies, 33% focus specifically on lifelong learning (which includes adult consumer learning and workforce learning), 32% focus on early childhood and K-12 education, and 5% focus solely on higher education. More and more companies are extending their reach across the lifetime learning cycle, with 30% of the 150 expanding across multiple categories from Pre-K to Gray.
North America — primarily the United States — is the most represented region, accounting for 60% of the GSV 150. India is also a significant contributor to the list, with 14% of the companies coming from that market, which has continued to experience rapid growth. Europe and Latin America each account for 11% and 7% of the GSV 150, respectively. The remaining 8% of companies are dispersed throughout MENA, Africa, Asia, Australia, and New Zealand.
To view the full GSV 150 list, visit www.asugsvsummit.com/edtech-150.
About ASU+GSV Summit
The ASU+GSV Summit is the premier global event focused on technology innovation in education and skills. We believe that ALL people deserve equal access to the future. Started in 2010 with a collaboration between Arizona State University (ASU) and Global Silicon Valley (GSV), the annual Summit connects leading minds focused on transforming society and business around learning and work. Educators, investors, industry leaders, and entrepreneurs from around the world come together to innovate the future of education for all. Hosted in San Diego, over 5,300 people attended in April 2022. Speakers from previous years include President Barack Obama, President George W. Bush, Former Secretary of State Condoleezza Rice, John Legend, Common, Marian Wright Edelman, Bill Gates, Sandra Day O’Connor, Reed Hastings, President Vicente Fox, Malcolm Gladwell, Gloria Steinem, Tony Blair, and Howard Schultz.
Presence is the leading provider of online therapy solutions for children with diverse needs. At the heart of the company is a purpose-built therapy platform, designed by clinicians for clinicians, that allows school teams to serve children both in and out of school. It also allows schools to extend their teams with a highly skilled, licensed clinician from Presence’s national network of more than 2,000 speech-language pathologists, occupational therapists, and behavioral and mental health professionals. To date, Presence has delivered more than 5 million therapy sessions to schools and districts in every region of the U.S.
Presence is supported by Spectrum Equity, TPG’s The Rise Fund, Bain Capital Double Impact, and Catalyst Investors. For more information, visit www.presencelearning.com.
Christine Lynch, Public Relations for Presence