Overview
Ready Education is a prominent provider in the EdTech landscape, offering cutting-edge student engagement platforms that support over 700 institutions across more than 25 countries. Renowned for enhancing student success and retention, the organization provides solutions that integrate in-class and community learning experiences. Headquartered in Montreal, Quebec, Ready Education specializes in developing mobile-first educational engagement tools tailored for higher education sectors.
Core Solutions
Ready Education's suite of tailored products enriches the student experience comprehensively:
- Campus App: This platform centralizes communication and resources to foster community building and academic success.
- Ready Campus: It unifies academic and co-curricular activities through both mobile and web platforms, enhancing the overall student experience.
- CampusGroups: Facilitates community involvement by promoting student engagement and collaboration on campuses.
These tools empower students to efficiently organize their academic and extracurricular activities, ensuring continuous engagement and academic progress.
Market Reach and Impact
Ready Education enjoys trust from a substantial market segment, including 70% of the top 30 U.S. universities. The company reports a significant engagement uplift, with a remarkable 41.6% increase in group membership and over 22,000 events promoted. This highlights its extensive outreach and acceptance within the educational community.
Leadership
Guided by seasoned professionals, Ready Education benefits from vast industry expertise:
- Jim Brigadier, Chief Executive Officer: With 24 years of expertise in educational technology, he leads initiatives to advance the company's market presence and educational impact.
- Dr. Melissa Harts, Chief Services Officer: Drives innovative educational solutions to enhance student success.
- Jami Morshed, Chief Revenue Officer: Manages sales and client success strategies to ensure sustainable growth.
- Steve Pawlish, Chief Technology Officer: Spearheads efforts in technology innovation and excellence.
- Chris Sanders, Chief Financial Officer: Provides financial and operational leadership.
- Susan McQueeny Scholes, Chief Marketing Officer: Over 20 years of experience in marketing EdTech solutions to drive strategic outreach efforts.
Financial Overview
Ready Education has acquired over $135 million in financial backing from investors such as Level Equity and FounderFuel, underscoring its strong positioning in the EdTech sector with a strategic focus on innovation and service expansion. The company, with a workforce of 69 employees, boasts an estimated annual revenue of $8.7 million.
Values and Mission
Committed to fostering inclusive student communities, Ready Education drives retention and holistic student achievement. Their values emphasize innovation, diversity, accountability, client success, and excellence. These principles ensure the company stays at the forefront of meeting the evolving demands of higher education institutions.
Through its extensive suite of engagement solutions, Ready Education aims to transform institutional support and connection with students, fostering a thriving academic environment.
Competitor Profiling
Key Competitors
Ready Education competes with several notable players in the educational technology and engagement platform markets:
- Paper
- Revenue: $363 million
- Employees: Over 2000
- Specialization: Provides 24/7 chat-based tutoring across North America and connects students with multiple tutors simultaneously.
- Modo Labs
- Offerings: Provides enterprise-scale mobile engagement platforms primarily for workplaces and academic environments, known for its no-code app-building capabilities.
- Explorance
- Revenue: Approximately $53.4 million
- Specialization: Renowned for feedback analytics, partnering globally to enhance professional and academic growth.
- Raklet
- Revenue: $1 million
- Focus: Offers a platform for managing memberships and community engagements, incorporating digital membership cards and community engagement software features.
Strategic Position
Ready Education's distinct mobile-first focus, specifically designed for higher education, establishes it uniquely in the market. By streamlining communication and enhancing engagement across digital platforms, the company supports its mission to maximize student interaction and engagement within academic environments.
Industry Dynamics
The EdTech industry remains dynamic, with competitors like Paper and Modo Labs continuously innovating. The shifting funding landscape and evolving educational needs post-pandemic compel continuous adaptation and innovation.
Ready Education's commitment to customizable, flexible solutions is pivotal in maintaining a competitive edge, especially as the company seeks to expand and enhance its global education offerings.
