Cengage Learning
200 Pier 4 Blvd Ste 400, Boston, MA, 02210, United States
Overview
Cengage Group, is a global education technology company serving millions of learners, provides affordable, quality digital products and services that equip students with the skills and competencies needed to be job ready. For more than 100 years, the company has enabled the power and joy of learning with trusted, engaging content, and now, integrated digital platforms. Cengage Group serves the higher education, workforce skills, secondary education, English language teaching and research markets worldwide. Through its scalable technology, including MindTap and Cengage Unlimited, the company supports all learners who seek to improve their lives and achieve their dreams through education. Cengage Group has annual revenues of approximately $1 to $2 billion (USD) and serves millions of learners in 165 countries.
- Total investments
- 2
- Lead investments
- 2
- Investments · 12mo
- 0
- Active investors
- 7
Sector focus
- EdTech
- Education
Investment portfolio
- Dreamscape Learn
Led · Series A · Jan 2023
Dreamscape Learn builds immersive learning experiences that blend innovative pedagogy with cinematic storytelling, developed in collaboration with Arizona State University faculty. Its offerings include VR-enabled biology courseware and a platform for instructor-led experiences that let faculty conduct class from any location relevant to the subject. The company emphasizes deep faculty collaboration to design curriculum-aligned immersive content. Dreamscape was founded by Walter Parkes and is based in Los Angeles, CA. The firm plans to use new funding to accelerate growth and expand operations. No operating metrics were disclosed in the article.
- Pathbrite
Led · Equity · Jun 2014
Pathbrite, launched in 2012 and led by CEO Heather Hiles, provides a portfolio learning platform designed to enhance learning outcomes, program completion rates and job placement rates for students. The company serves more than 500 schools, colleges, universities and organizations across the United States. Institutional users include Fresno State University, Laureate International Universities, Stanford University and the University of Illinois. Pathbrite raised $3.7M in funding to support its growth. The company intends to use the funds for 2014 expansion plans focused on customer integration, sales force expansion, continued platform development and global expansion. The round signals investor support for scaling the platform within higher-education and related organizations. Pathbrite offers a web-based platform and templates for creating multimedia digital portfolios that aggregate content from YouTube, Google Drive, LinkedIn, Khan Academy, Coursera and other sources. The company targets students and educators but has broadened to serve anyone seeking a richer digital résumé; it also offers “Portfolios for Educators” that let teachers create courses and manage student portfolios. Pathbrite’s platform is free for teachers and faculty while students pay $10/year, and the company reports a presence at about 100 colleges and universities. Product plans include continued product development, expanded customer acquisition across higher ed and K‑12, broader distribution via partnerships, and the release of native mobile apps. Pathbrite has secured integration and distribution deals with partners such as Pearson (LearningStudio) and agreements with ACT, McGraw‑Hill, and Stanford University’s registrar to expand footprint and monetization opportunities. Pathbrite is a digital portfolio platform that enables students and lifelong learners to collect, chronicle and showcase digital artifacts alongside certified documents and credentials, aiming to provide a fuller picture of achievements. The company currently targets college students and has tested the product with high schools and younger users. Pathbrite positions itself as "credentials 2.0," aiming to liberate learner data (report cards, transcripts, earned credentials) typically held by colleges so official documents can stand side-by-side with other digital work. The service is available for free and the company says it will always offer a robust free plan while introducing paid features in the future. Pathbrite plans to launch an enterprise product with added security later this year. The company is led by CEO Heather Hiles and is based in San Francisco.