“Do decision-makers across the education ecosystem have the right range of products from buyers, and transparency around these products, whether hardware or content or otherwise?” asks Adam Newman.
Tyton Partners, co-founded by Newman and Christopher Curran, hopes to support education companies in providing effective products for educators and administrators. Founded as Education Growth Advisors in 2010, the consulting and investment platform rebranded in February 2015. Newman sees the shift in response to a growing ecosystem of companies in education. “There are now lots of organizations sitting outside of the education section and dipping their toes in,” explains Newman. “As a more flexible brand, we serve a more diverse range of organizations at the intersection of business and education, from those active in early childhood through to corporate and lifelong learning.”
In June, Tyton Partners announced the Tyton Growth50, a list highlighting growth-stage education companies that Tyton sees as scaling impact well. The list includes companies from across the edtech landscape, including ClassDojo, Newsela, Teachers Pay Teachers, and Think Through Math. “We selected businesses through the lens of revenue growth, customer adoption and penetration, market impact, and scaling and delivery models,” explains Newman. While some companies have independent revenue models, not all do, according to Newman: “We didn’t say, everyone has to have checked the box across all four attributes. Very few companies have solved all simultaneously.”
Tyton Partners hopes to continue engaging companies in conversations around scaling impact and demonstrating revenue, including hosting events “around how innovation scales” in 2015.
