We are pleased to announce Chrysalis has sold its equity position in StraighterLine in a strategic recapitalization led by private equity firm BV Investment Partners. This is Chrysalis’ third portfolio company exit in the past nine months. We congratulate StraighterLine CEO Burck Smith and President David Parento on this important milestone in the company’s trajectory and are immensely proud of both the company’s performance and the positive impact it has made in the lives of tens of thousands of students. We also congratulate Chrysalis Partner Wright Steenrod, who worked with the management team from its earliest days, as they built StraighterLine into a rapidly growing and profitable company. StraighterLine delivers …
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meQuilibrium Named to the 2019 Inc. 5000 List of America’s Fastest-Growing Private Companies
August 14, 2019 | business growth, transformation BOSTON/NEW YORK, August 14, 2019 Inc. magazine today revealed that meQuilibrium is No. 1580 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000. “Being named as one of America’s top fastest growing private companies is a testament to the talent and agility of the meQuilibrium team,” said …
Experian acquires MyHealthDirect
COSTA MESA, Calif., Aug. 8, 2019 /PRNewswire/ -- Experian, the global information services company, announced today that it has signed a definitive agreement to acquire MyHealthDirect, which offers a digital care coordination platform that optimizes scheduling for providers, payers, and consumers. This acquisition further solidifies Experian's position as a leading provider of solutions that simplify the financial and administrative aspects of healthcare—making tasks like scheduling, registration and check-in smoother, cost estimates more accurate, and insurance coverage easier to verify. "Experian Health's mission is to use data-driven insight to connect and simplify healthcare for all," said Jennifer Schulz, Experian Group …
Former CNN digital boss KC Estenson is running GoNoodle, an educational video company
KC Estenson used to spend his time trying to get you to click on his stories and watch his videos. Now he wants your kids to watch his videos and run around the classroom. Estenson is the new CEO of GoNoodle, an education company that distributes videos to schools and homes, aimed at getting kids active while teaching them something, or at least entertaining them. Estenson ran CNN’s digital arm from 2008 through 2014; he left two years into the Jeff Zucker era. At GoNoodle, he replaces co-founder Scott McQuigg as the company’s leader; McQuigg will take a seat on the company’s board. The Nashville-based company has raised $16 million since 2013. GoNoodle’s software is free. It generates revenue via underwriting deals …
StraighterLine and Dallas County Community College District (DCCCD) Launch New Partnership through the Department of Education’s EQUIP Pilot Initiative
BALTIMORE, MD (PRWEB) APRIL 12, 2018 - StraighterLine, the leading provider of low-cost, high-quality online courses that enable students to earn college credit, and the Texas-based Dallas County Community College District (DCCCD) are accepting applications for their joint associate degree pathway programs at Brookhaven College. Classes start on Aug. 27, 2018. The program is the first of eight selected by the U.S. Department of Education (DOE) for its Educational Quality through Innovation Partnerships (EQUIP) initiative to launch to students. Through EQUIP, StraighterLine and Brookhaven College will offer two associate degree programs in which students will be able to take more than 50 percent of their coursework …
Brookhaven College pilots alternative credential pathways
Dive Brief: Brookhaven College is partnering with StraighterLine to pilot a new associate's degree model that Brookhaven President Thom Chesney hopes will take "down barriers to access education." The pilot is one of eight such programs supported by the U.S. Department of Education, allowing institutions and non-traditional providers to collaborate to provide education to low-income students with access to federal financial aid programs. Under the agreement, students would take their first 30 credit hours of general education courses online through StraighterLine and the last 30 at Brookhaven in Farmers Branch, Texas, with the college administrating and dispersing the federal funds and issue degrees. The program will focus …