Publicly traded education technology companies are rare. Soon, there will be one fewer after tech training provider Pluralsight gets taken private later this year. That leaves 2U, Chegg and Stride (formerly known as K12 Inc.) as the remaining trio of prominent edtech companies on the U.S. public market.
But this contraction may not last long, thanks in part to one of the industry’s earliest and most ebullient investors, who is steering a financial vehicle that’s taken public markets by storm.