GoGuardian—Okay-12 EdTech SaaS Chief—Broadcasts $200 Million Strategic Funding From Tiger Worldwide Administration
goguardian 10k us 22m 200m tiger, LOS ANGELES–(BUSINESS WIRE)–GoGuardian, the EdTech chief serving to Okay-12 schools and lecturers maximize the coaching potential of every pupil, presently launched a $200 million strategic funding from Tiger Worldwide Administration. With this enhance valuing GoGuardian at correctly over $1 billion, the company is primed to hurry up its mission to create additional productive, environment friendly, and guarded digital learning experiences for schools worldwide.
“GoGuardian is solely getting started on its mission to assist all school college students achieve their fullest potential. Sumeru congratulates the group on this very good milestone and is blissful to companion with Tiger Worldwide to propel this mission forward.”
Based mostly in 2014 as digital devices had been turning into an integral ingredient of the scholar experience, GoGuardian is rooted inside the notion that education is the one highest degree of leverage for enhancing society. GoGuardian’s portfolio has grown to include award-winning and extensively adopted digital learning choices for classroom administration, engagement, analysis, and pupil safety.
The rise in digital learning and demand for environment friendly, versatile learning devices to assist in-class, distant and hybrid instruction is driving unprecedented progress for GoGuardian. Beforehand 12 months alone, GoGuardian’s purchaser base grew 60% to over 10,000 schools, along with 23 of the best 25 largest U.S. districts. Over 22 million Okay-12 school college students inside the U.S. — one in three — now revenue from GoGuardian experience as part of their learning journey.
“Given that early days of GoGuardian, we knew there was an unbelievable potential to help kind how experience integrates into the tutorial experience and helps the invaluable work of lecturers, schools, and districts,” said Advait Shinde, co-founder and CEO, GoGuardian. “The success we’ve wanted to this point fuels us to pursue our mission with additional energy and ambition than ever sooner than, and Tiger Worldwide’s funding significantly expands our future impression in creating empowered and impressed learners. We’re grateful for his or her partnership and excited for the work ahead.”
Establishing the Method ahead for Digital Education
GoGuardian is poised to meaningfully advance educational outcomes internationally by the use of a rising platform of choices that empower school college students, ship insights, encourage experimentation, and cut back inequity. The funding from Tiger Worldwide will assist this progress with additional capitalization for product innovation, experience acquisition, and enterprise enchancment.
“We’re impressed by Advait and the group and the persistently optimistic options provided by GoGuardian’s prospects all through our diligence course of,” said John Curtius, Confederate at Tiger Worldwide. “We’re excited to companion with GoGuardian, with its industry-leading product offering and best-in-class progress at scale, margins and retention traits, as the company cements its place as an actual end-to-end SaaS platform for Okay-12 schools.”
GoGuardian has all by way of its historic previous scaled and invested significantly to fulfill the dynamic needs of districts, lecturers, and school college students, rising its employee base 60% over the earlier 12 months and aiming to achieve 1,000 employees in 2023. Notable milestones inside the ultimate 12 months embody the acquisitions of Pear Deck and Edulastic along with the present appointment of former Qualtrics and Microsoft authorities Julie Larson-Inexperienced to the company’s board of directors.
Tiger Worldwide’s funding gives it a serious stake in GoGuardian by the use of shut partnership with Sumeru Equity Companions (Sumeru), which has backed the company since 2018.
“GoGuardian reimagined the potential of digital learning and educational equity by the use of an trendy, school-centric technique that has positively impacted tens of tens of millions of students,” said Sanjeet Mitra, Sumeru Co-Founder & Managing Director. “GoGuardian is solely getting started on its mission to assist all school college students achieve their fullest potential. Sumeru congratulates the group on this very good milestone and is blissful to companion with Tiger Worldwide to propel this mission forward.”
J.P. Morgan served as distinctive placement agent to GoGuardian on the funding. Gibson, Dunn & Crutcher LLP represented GoGuardian as licensed counsel.
About GoGuardian
GoGuardian is on a mission to supercharge human potential by creating the final phrase learning platform. By means of our GoGuardian Suite of classroom administration and pupil safety choices, Pear Deck pupil engagement platform, and Edulastic technology-enhanced pupil assessments, we help tons of of Okay-12 schools and districts maximize the coaching potential of every pupil by enabling additional productive, environment friendly, and safer digital learning. Be taught additional at goguardian.com.
