Company Makes The Highest-Quality Online Education Accessible And Affordable
To Students Worldwide
Emeritus, the global leader in making the highest-quality education accessible and affordable to individuals, companies, and governments around the world, has been selected as one of the world’s 150 most transformational growth companies in digital learning by Global Silicon Valley.
One of the largest and fastest growing skilling platforms worldwide, Emeritus was selected by GSV from more than 2,000 venture capital and private equity-backed private companies across several evaluation factors — revenue scale, revenue growth, user reach, geographic diversification, and margins profile – for its second EdTech 150 list.
Collaborating with more than 50 top-tier universities across the United States, Europe, Latin America, Southeast Asia, India and China, Emeritus’ short courses, degree programs, boot camps, and senior executive programs help individuals learn new skills and transform their lives, companies and organizations. Its unique model of state-of-the-art technology, curriculum innovation, and hands-on instruction from senior faculty, mentors and coaches educates more than 100,000 students per year across 80 countries with an unparalleled 90% completion rate.
In a time of great uncertainty in the world, GSV – a growth investment platform powering the world’s most dynamic entrepreneurs, companies, institutions, and emerging growth hubs – noted in its announcement that Emeritus and the other companies on the list have been able to aid in transitioning classrooms online, maintaining access to educational resources and opportunities, and up-skilling and re-skilling workers. GSV stated that, “We estimate that the 150 companies reach more than 3 billion people, or close to half of the global population, and generate approximately $20 billion in revenue.”
“We’re honored to be included on this prestigious list,” said Ashwin Damera, co-founder and CEO of Emeritus. “It validates our commitment to meeting the demands of the global workforce of today and tomorrow and closing the workforce skills gap through accessible and affordable professional education.”
Emeritus recently made its first foray into the K12 industry with its $200 million acquisition of id Tech, the world leader in youth STEM education. Damera said that iD Tech’s long-term learning system is a “perfect complement to what we offer adult learners and will allow us to create a formidable life-long learning ecosystem.”
Emeritus has more than 1,000 employees globally and offices in Mumbai, New Delhi, Shanghai, Singapore, Palo Alto, Mexico City, New York, Boston, London, and Dubai. The company has raised more than $160 million in capital and is backed by the Chan Zuckerberg Initiative, Sequoia India, Leeds Illuminate, Prosus Ventures, and its parent company Eruditus.