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2022 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 74+ companies across three sectors: Pre-K-12, post-secondary, and career mobility, serves learners all over the world.

230

Countries

525M+

Users

68K+

Higher-ed institutions

342K+

Employers

63K+

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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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+

39.5M+

30M+

15M+

21M+

4.8M+

1.1M+

115M+

50M+

26M+

120K+

1.2M+

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United States

60M+

39.5M+

30M+

15M+

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Europe

21M+

4.8M+

1.1M+

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Asia

115M+

50M+

26M+

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Latin America

120K+

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Africa

1.2M+

K-12

Of the students served by Abl, 74% are Students of Color

Of the students that use Subject, 91% are free-reduced lunch population students

BetterLesson serves nearly 53% of all U.S. Title I schools

Post Secondary

90% of learners on Study Smarter are between the ages of 14 and 29 year

50% of learners served by Noodle are students of color

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

Career Mobility

56% of hires made through Untapped were from underrepresented groups

45% students served by UBITS have an annual income below $10K USD

89% of learners on Lingo Live are English language learners

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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

50%

Women on the investment team vs 23%*

50%

People of color on investment team vs 28%*

See Portfolio Data

Portfolio Data

Founders and CEOs

14.8%

Women

vs 10.7%*

42.7%

People of Color

vs 28.4%*

38.5%

Non US Born Individuals

Leadership Teams

34.5%

Women

vs 20%*

40%

People of Color

vs 13%*

11.5%

Women of Color

Board Members

17.4%

Women

28%

44.9%

People of Color

vs 17%*

7.3%

Women of Color

Owl Data

50%

Women on the investment team vs 23%*

50%

People of color on investment team vs 28%*

Portfolio Data

Founders and CEOs

Leadership Teams

Board Members

14.8%

Women

vs 10.7%*

34.5%

Women

vs 20%*

17.4%

Women

28%

42.7%

People of Color

vs 28.4%*

40%

People of Color

vs 13%*

44.9%

People of Color

vs 17%*

38.5%

Non US Born Individuals

11.5%

Women of Color

7.3%

Women of Color

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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.