Tritium Partners has made a strategic growth investment in Stukent, a provider of digital courseware and simulations for learning experiences.
Advising Stukent on its expansion plans is Tim McEwen, who recently joined the company’s board. McEwen is an industry veteran, having served as CEO of Thomson Learning (now Cengage) Higher Ed and Lifelong Learning, COO of Haights Cross Communications, CEO of Harcourt Achieve, and most recently, CEO of Archipelago Learning and Study Island.
“Stukent is on a mission to help educators help students help the world,” said Stuart Draper, founder and CEO of Stukent. “We have facilitated exceptional learning experiences for more than 400,000 students, and we are just beginning to scratch the surface as we see tremendous opportunity ahead to benefit millions of learners with career readiness. With Tim’s extensive expertise in EdTech and learning along with Tritium’s proven experience in building market-leading companies, Stukent’s future has never been brighter.”
“I am incredibly impressed with how Stukent’s online simulations pair with its courseware to create an immersive, fully interactive and engaging experience for learners,” said McEwen. “Having participated in the evolution of learning over the last 30+ years, I am thrilled to be joining Stukent and to be playing a part in its next phase of helping professors impact student outcomes – through solutions that actually engage today’s learners and prepare them for success in today’s fast-moving business world, driven by digital transformation.”
“Stukent is on an exciting growth trajectory and is poised to be a huge disrupting force for legacy textbook publishers,” added Matt Bowman, managing partner of Tritium Partners. “There is a better way for students to learn and gain real-world experience, and our investment in Stukent will help instructors do just that through powerful simulations and engaging courseware.”
Vista Point Advisors, a San Francisco based boutique investment bank, acted as the exclusive financial advisor to Stukent.