SAN FRANCISCO, CA--(Marketwired - Sep 12, 2016) - Degreed, the fast-growing company that has created an engaging, beautiful and intuitive way to empower and recognize all forms of professional and lifelong learning, has been recognized as a 2016 Tyton Growth50 company.
The Tyton Growth50 celebrates innovative organizations achieving impact at scale through a combination of strong financial performance; market awareness and adoption; and demonstrated customer outcomes across the preK-12, postsecondary, corporate training, and consumer education markets. As one of 50 organizations selected this year, this achievement marks a significant milestone in Degreed's evolution.
"Degreed has achieved enormous growth in the past year, introducing our mobile app, launching the platform in 10 new languages, establishing a presence in Europe and Asia, making our first acquisition and bringing our platform to dozens of the world's biggest and best-run organizations, including Caterpillar, Citigroup, MasterCard and EMC," said David Blake, CEO and co-founder of Degreed.
"We are thrilled that Tyton Partners has recognized that growth and named Degreed a Growth50 company, highlighting our ability to positively impact how people learn and build their careers at scale," Blake added. "Degreed is on track to potentially be serving one third of the Fortune 50 by the end of the year and we are excited for the opportunities that affords us in our next chapter -- helping companies measure employees' skills in a standardized way irrespective of how or where those people learned or developed their skills."
Each year, experts on the Tyton Partners team review nominated companies in the space, evaluating each against the Tyton Growth Framework to narrow the field. That analysis is used to select the 50 companies that best exemplify the impact, engagement, awareness and sustainability necessary to have lasting impact.
"Early-stage investment in education remains strong, but we often lose sight of what happens to these companies after initial funding," noted Adam Newman, Co-founder and Managing Partner at Tyton Partners. "Companies selected for this year's Tyton Growth50 are exemplars for understanding the transition from early-to-growth and later-stage businesses, making that transition successfully and achieving impact at scale across a variety of segments of the education market."
Degreed is an award-winning learning platform built for the way today's workers really build their expertise and grow their careers. Degreed integrates organizations' internal talent systems with the world's largest ecosystem of open learning resources -- over 3 million courses, videos, articles, books, podcasts and more from nearly 1,400 sources. As a result, organizations and their people can discover, share and track all their development, however and wherever they learn. Founded in 2012, Degreed is headquartered in San Francisco with additional offices in Salt Lake City and Amsterdam.
Learn more about Degreed at: Website | Facebook | Google+ | YouTube | LinkedIn | Twitter
About Tyton Partners
Tyton Partners is the leading provider of investment banking and strategy consulting services to the global knowledge sector. The firm has offices in Boston and Stamford (CT), and an experienced team of bankers and consultants who deliver a unique spectrum of services from mergers and acquisitions and capital markets access to strategy and market development services that helps companies, organizations, and investors navigate the complexities of the education, media, and information markets. Tyton Partners leverages a deep foundation of transactional and advisory experience and unparalleled level of global relationships to make its clients' aspirations a reality and catalyze innovation in the sector. For more information visit www.tytonpartners.com or follow us @tytonpartners.