PSG, a leading growth equity firm that specializes in partnering with software and technology-enabled service companies to help navigate and capitalize on transformational growth, announced a strategic growth investment in CourseKey – a student success platform purpose-built for vocational education. CourseKey joins PSG’s investments in Verity IQ and Campus Ivy, which creates a unified and end-to-end technology suite for career-focused and vocational education providers.
Career and trade schools often face challenges, from addressing workforce demands and managing compliance and funding to demonstrating measurable outcomes. And at the same time, non-traditional learners must navigate balancing their education with life responsibilities, financial pressures, and the need to see clear returns on their investment.
These combined strengths of CourseKey (Student Mobile App & Retention Platform), Verity IQ (provider of CRM and Student Information Systems (SIS)), and Campus Ivy (Financial Aid Services and Software) help tackle these challenges head-on. Together, these platforms create a one-stop shop for schools to streamline operations, close critical gaps, and enable institutions to improve student outcomes directly.
CourseKey’s platform offers an end-to-end mobile app for students to leverage as their key operating system while attending a vocational school. And the app automates attendance through GPS, sound, and biometric verification, enables students to track their skills and competencies, submit tuition payments, engage in social channels, and complete forms and surveys. On the school side, CourseKey provides a retention platform that automatically intervenes with students at the right time, helping them stay on track and avoid dropping out. These capabilities help schools maintain compliance, boost retention, and improve the student experience.
KEY QUOTES:
“In our view, CourseKey has built one of the market leaders in the vocational education space. By integrating Verity IQ’s CRM and SIS, Campus Ivy’s financial aid expertise, and CourseKey’s student success platform, we are delivering a comprehensive suite that aims to empower schools to manage the entire student lifecycle and drive measurable outcomes.”
– Marco Ferrari, Managing Director at PSG
“Joining PSG as a platform investment, alongside Verity IQ and Campus Ivy, helps accelerate our goal of delivering a one-stop shop software suite for vocational schools. We’re empowering students to gain valuable skills and fill mission-critical jobs across our nation’s most vital industries – transportation, healthcare, construction, and more. Together, we can help millions of students attain fulfilling, well-paying careers that truly move our country forward.”
– Luke Sophinos, CEO of CourseKey
