Stukent, a digital courseware provider, recently announced that it has received significant growth investment from private equity firm Tritium Partners, which focuses on technology and service companies with exceptional growth potential.
The company, however, did not disclose the amount of the new investment.
The new funding will allow the company to expand its industry-leading simulation and courseware into topics beyond marketing and speed up production, Stukent said. The company said it will use the new investment to further its goal of helping teachers help the student world.
Founded by Stuart Draper, Stuart Digital Courseware is revolutionizing the space. Startups provide state-of-the-art simulations and courseware to help teachers help students reach the world. Its simulations and courseware are currently used by more than 4.8 million students and 9,000 teachers in more than 5,700 institutions in 74 countries, and the company said that number is growing rapidly every day. Stukent claimed that in 2021 he achieved the rare feat of being on the Inc. 5000 list four times in a row, which is paid to less than 5% of the world’s companies.
Commenting on the new funding, Stuart Draper, founder and CEO of Stucco, said in a statement:
“Tritium’s investment will help make an impact beyond the growth of Stucco. Professors and students around the world will benefit from this partnership. As we go deeper into the field of marketing and new subjects, we will have the opportunity to make radical changes. Traditional education. More simulation and more resources. “
With a historical focus on transformative topics such as digital marketing and social media marketing, Stukent said the company is now offering its products in other key business disciplines, including accounting, economics, finance and the supply chain, while creating more marketing courses.
Matt Bowman, managing partner at Tritium Partners, said:
“Stukent is on an exciting growth trajectory and a major obstacle to legacy textbook publishers. It’s a great way for students to learn and gain real-world experience, and our investment in Stukent will help instructors do that. Powerful simulation and attractive courseware.”
In addition to the increased investment of Tritium Partners, Stuckent welcomed Tim McVean as a new board member. McVein joined the team with many years of experience to advise innovative learning technology companies on the development of new learning models / platforms and market strategies.
Expressing excitement to join Stuckent, McWane said,
“I am incredibly impressed to create an immersive, fully interactive and engaging experience for students with its courseware online simulation of Stukent. Having been involved in the evolution of learning over the last 30+ years, I am delighted to be involved with Stukent and Playing a part of the stage that actually engages today’s students and prepares them for success in today’s fast-paced business world inspired by digital transformation. “
Stukent said the new partnership will enhance teachers ’ability to help students help the world in new and exciting ways.
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