Company Overview
GetSet Learning is a rapidly growing edtech startup focused on enhancing student success through innovative online platforms and community-based learning solutions. The company's offerings aim to foster metacognitive skills such as a growth mindset, resilience, and self-regulation. They provide a virtual student community, analytics, and behavior change intervention tools to improve student retention rates. GetSet's platform emphasizes creating a deep sense of belonging among college students by facilitating goal achievement through collaborative learning and student engagement.
Website Link: [GetSet Learning](https://getset.com/)
Key Products and Services
GetSet Suite
The core of GetSet's offerings is the GetSet Suite, which integrates several modules:
- Student Community: A private, secure virtual community for students to connect and share experiences.
- Analytics Platform: A robust tool for tracking and examining student behavior and engagement patterns.
- Behavior Change Engine: Provides automated content monitoring and behavioral interventions.
Sponsored Degrees™
A strategic initiative designed to address the shortage of skilled talent in various sectors. This program offers students two years of tuition at partner institutions fully paid by potential employers, ensuring guaranteed employment upon graduation.
Company Leadership
- Karan Goel - CEO and Founder: An entrepreneur with a successful track record in enterprise education technology, having led the company through various growth phases.
- LinkedIn: [Karan Goel](https://www.linkedin.com/in/karangoel)
- Eva Prokop - COO: Brings over 25 years of executive leadership experience in education, non-profit, and technology sectors.
- LinkedIn: [Eva Prokop](https://www.linkedin.com/in/eva-prokop-6988a85)
- Eric Bjerstedt - VP Product and Co-Founder: A leader and product expert focused on creating impactful educational technologies.
- LinkedIn: [Eric Bjerstedt](https://www.linkedin.com/in/ericbjerstedt)
- Robert Feldman, PhD - Chief Scientific Advisor: Provides scientific guidance to ensure the educational efficacy of GetSet's products.
Financial Overview
- Funding: GetSet Learning has secured a total of $2.5 million over two funding rounds. Their last known funding round closed on June 29, 2017.
- Valuation: As of the latest estimates, the company's valuation is in the range of $1M to $10M.
Recent Developments
Partnerships: GetSet has established notable partnerships with the University of Maryland Global Campus and Purdue Global to implement their Sponsored Degree™ Platform. These partnerships highlight the significant impact GetSet is making on the edtech landscape.
Public Perception: Strong and positive testimonials underscore the effectiveness of GetSet’s solutions in improving student retention.
Competitor Profiling
Overview of Competitors
GetSet Learning operates in a competitive landscape within the education technology sector. Key competitors include platforms such as Quizlet, Kahoot!, Mentimeter, Brainscape, and Class Central. Each of these competitors offers unique features and competitive advantages.
Key Competitors
1. Quizlet: A dominant player with 60 million active users monthly, offering digital flashcards, games, and quizzes. Quizlet's innovations include AI technologies and strategic expansions like the acquisition of Slader.
2. Kahoot!: Known for gamifying learning, utilized by 97% of Fortune 500 companies. Kahoot! offers interactive learning through customizable games and spans over 200 countries, balancing free and paid offerings for educational and corporate environments.
3. Mentimeter: An interactive presentation software with 270 million users globally, focusing on real-time feedback and presentation interactivity. It is widely used in educational, corporate, and event settings.
4. Brainscape: Specializes in adaptive flashcards based on cognitive science principles like spaced repetition, popular among graduate and postgraduate students.
5. Class Central: An aggregator for MOOCs, connecting learners with diverse courses from global universities and offering both free and paid content.
GetSet Learning's Positioning
GetSet Learning positions itself within a competitive market with strategic emphasis placed on digital community engagement and analytics-driven educational tools. By leveraging innovation and refining its offerings, GetSet aims to enhance its presence and influence within the education technology arena.
