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2021 Education Outcomes Report

At Owl Ventures, we recognize that prioritizing outcomes is a fundamental requirement for building long-lasting businesses.

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Reaching learners all over the world.

Our portfolio of 64+ companies across three sectors: Pre-K-12, post-secondary, and career mobility, serves learners all over the world.

228+

Countries

445M+

Users

11K+

Higher-ed institutions

15K+

Employers

18K+

Jobs Created

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Improving access to quality education for all.

We’re proud to partner with companies that ensure that the products they are building have the ability to serve a diverse set of learners and educators.

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Image of a ruler.

Improving access to quality education for all.

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Owl’s Approach to Outcomes Measurement

In order to achieve greater equity and inclusion in education, we work with portfolio companies to measure impact in three primary areas: scale and access, diversity, and outcomes.

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Scale & Access

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Diversity

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Outcomes

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SCALE & ACCESS

Achieving impact at scale for all learners.

To allow education to serve as an equalizer, we work with our companies to measure not just how many learners they’re serving, but also what their learner profile looks like. We encourage companies to report on metrics such as the number and type of communities served by geography as well as gender and racial profiles of their customers, where applicable.

United States

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Europe

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Asia

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Latin America

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Africa

Users

60M+

50M+

39M+

30M+

9M+

4M+

1.2M+

400K+

100M+

35M+

18M+

12M+

60K+

252K+

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United States

60M+

50M+

39M+

30M+

This is a map of Europe. It's color is white.

Europe

9M+

4M+

1.2M+

400K+

This is a map of Asia. It's color is white.

Asia

100M+

35M+

18M+

12M+

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Latin America

60K+

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Africa

252K+

K-12

Of the students served by Hazel Health, 62% are free-reduced lunch population students.

Remind serves nearly 90% of all U.S. Title I schools.

Of the students who use Amira Learning, 60% are students of color.

Post Secondary

90% of learners on BenchPrep are English language learners.

40% of Labster’s current higher education clients are community colleges.

43% of learners served by Noodle are students of color.

Career Mobility

90%+ people on Lingo Live’s platform are English language learners.

70% of SV Academy graduates are first generation college students.

UBITS users are 53% women and 65% low-to-middle income.

Diversity

Different backgrounds + new perspectives = quality solutions

At Owl, we recognize that lack of diversity in teams is a problem since homogenous communities are susceptible to groupthink and are less likely to voice the needs of the communities they hope to serve. As part of our annual diversity survey, we collect metrics such as gender, race, pay equity, and employee retention for women, and persons of color for each of our portfolio companies, where applicable.

*Industry benchmarks

Owl Data

46%

Women on the investment team vs 23%*

54%

People of color on investment team vs 28%*

See Portfolio Data

Portfolio Data

Founders and CEOs

13%

Women

vs 10.7%*

41%

People of Color

vs 28.4%*

38%

Non US Born Individuals

Leadership Teams

38%

Women

vs 20%*

28%

People of Color

vs 13%*

10%

Women of Color

Board Members

19%

Women

vs 28%*

42%

People of Color

vs 17%*

8%

Women of Color

Owl Data

46%

Women on the investment team vs 23%*

54%

People of color on investment team vs 28%*

Portfolio Data

Founders and CEOs

Leadership Teams

Board Members

13%

Women

vs 10.7%*

38%

Women

vs 20%*

19%

Women

vs 28%*

41%

People of Color

vs 28.4%*

28%

People of Color

vs 13%*

42%

People of Color

vs 17%*

38%

Non US Born Individuals

10%

Women of Color

8%

Women of Color

OUTCOMES

Leading the sector with outcomes.

Owl strongly believes that the most successful companies will be those that are able to quantitatively measure their education outcomes. We know that different types of research are appropriate to determine effectiveness according to product type and development stage. Therefore, we encourage our portfolio companies to report their impact along a spectrum, from formative to summative research.

Want all the details?

We’re excited to share the impact of our portfolio with all its key stakeholders. For each company, you will find a description of the company; the company’s approach to measuring effectiveness; and its access and outcomes data, told via metrics and case studies.