Our BlogThe latest news and information about digital credentials
Parchment, a leading academic credential management system, has been recognized as a 2015 Tyton Growth50 company. The Tyton Growth50 celebrates innovative organizations that are achieving impact at scale and achieving a combination of strong financial, customer penetration, and brand awareness performance. As one of 50 organizations included on the list, this achievement marks a great milestone in Parchment’s evolution.
“It is an honor to be named to this list of most important growth-stage companies in education,” said Matthew Pittinsky, Ph.D., CEO, Parchment. “We work every day to find unique and impactful ways to help universities extend their credentials as a means to empower their learners. The potential to communicate more information in more compelling ways, through digital credentials, is a great opportunity and responsibility.”
This is the inaugural year for the Tyton Growth50, a list curated by Tyton Partners senior professionals, who have several decades of deep transactional and advisory experience. The team assessed hundreds of companies to arrive at the list of finalists. The Growth50 organizations were announced at the Tyton Education Summit in New York City on June 2, an event that convenes a diverse set of entrepreneurs and established companies, investors and foundations, and K-12 and postsecondary institutions from across the education sector to engage in substantive discussions about the mission-critical issues facing the space.
“The education sector is in the midst of an epic period of investment activity and national discussion. A steady stream of tenacious entrepreneurs and innovative product and service models are emerging, but scaling distribution remains a fundamental challenge. The Tyton Growth50 companies are clearing this hurdle,” said Adam Newman, Co-Founder and Managing Partner at Tyton Partners. “We have much to learn from what these organizations are doing to scale their initial innovations.”