Predict your next investment

Corporation
SOFTWARE (NON-INTERNET/MOBILE) | Education & Training Software
pearson.com

See what CB Insights has to offer

Investments

20

Portfolio Exits

17

Partners & Customers

10

Service Providers

1

About Pearson

Pearson provides educational products and services to governments, educational institutions, corporations, and professional bodies worldwide. The company operates through North America, Core, and Growth segments. It offers courseware services, including curriculum materials provided in book form and/or through access to digital content; and assessments, such as test development, processing, and scoring services. The company also operates schools, colleges, and universities; and provides online learning services in partnership with universities and other academic institutions. In addition, it delivers and installs off-the-shelf software; and offers services to academic institutions, such as program development, student acquisition, education technology, and student support services, as well as undertakes contracts to process qualifying tests for individual professions and government departments under multi-year contractual arrangements.

Pearson Headquarter Location

80 Strand

London, England, WC2R 0RL,

United Kingdom

+ 44 20 7010 2000

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Pearson

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Pearson in 1 Expert Collection, including Education Technology (Edtech).

E

Education Technology (Edtech)

55 items

Pearson Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Pearson Rank

Latest Pearson News

FTSE 100 edges ahead despite UK inflation soaring to 30 year high, with Burberry and Pearson providing support

Jan 19, 2022

11.28am: Pound moves ahead on rate rise talk The soaring inflation figures have inevitably put the focus back on the Bank of England . After it belatedly raised interest rates in December, many economists are now expecting another move at its February meeting, in the wake of the latest signs of continuing pricing pressures. So sterling is edging higher, with the pound up 0.33% against the dollar to US$1.3643 and 0.16% against the euro at €1.2022. Meanwhile the FTSE 100 remains in positive territory, up 15 points to a high for the day of 7578.55. 10.31am: UK house prices rise in November With inflation on the rise, it is no surprise the UK housing market also continues to see strong growth. Average house prices jumped by 10% in the year to November 2021, up from 9.8% in October 2021, according to the latest official figures from the Office for National Statistics. The average UK house price was £271,000 in November 2021, £25,000 higher than the same time last year. Average house prices increased over the year in England to £288,000 (9.8%), in Wales to £200,000 (12.1%), in Scotland to £183,000 (11.4%) and in Northern Ireland to £159,000 (10.7%). London continued to be the region with the lowest annual growth at 5.1%. Lee Griffiths, managing director at Hinckley-based estate agents Saxon Paddock Estates & Homes: "During the closing stages of 2021, the property market was still incredibly robust. The usual seasonal drop-off and even the Omicron variant didn't impact demand. "The ongoing problem is the sheer lack of available housing stock. In almost all cases, this led to property sales being agreed in excess of asking prices. We were averaging around 30 viewings per available property, with an average of four offers per property. "Although we're only a couple of weeks into 2022, the competitive nature of the housing market doesn't seem to have changed. We have seen an increase in new instructions, but pent-up demand is seeing these properties being sold within days." 10.01am: Oil price rise gives lift to BP and Shell Leading shares have moved into positive territory despite UK inflation soaring in December. Shrugging off cost of living worries and helped by a strong performance from  Pearson PLC (LSE:PSON)  and  Burberry Group PLC (LSE:BRBY)  following their latest updates, the FTSE 100 is up 7.81 points at 7571.36. Russ Mould, investment director at AJ Bell, said: “Ongoing weakness among tech-related stocks was offset by strength in housebuilders, retail and oil producers in the FTSE 100. Brent crude continues to charge ahead... stoking speculation that it could soon return to US$100 per barrel amid supply constraints and robust demand.” At the moment, Brent is up 0.94% at US$88.33 a barrel while West Texas Intermediate - the US benchmark - has jumped 1.46% at US$86.68. Ashtead Group Plc (LSE:AHT)  is heading the fallers, down 4.55% at 5206p on concerns about a slowdown in its US business and despite UBS raising its target price from 4600p to 5900p. Neil Wilson at Markets.com said: "Ashtead and Ferguson PLC (LSE:FERG) [are down] on US weakness as the Empire State manufacturing index turned negative for the first time in 20 months." Ferguson is down 1.73%. 9.07am: Where the price rises came Here's more detail about where the price rises have come from, courtesy of Sarah Coles, personal finance analyst at Hargreaves Lansdown. An obvious one is petrol, with the cost of filling up a 55 litre car now £17.44 more than this time last year. Overall the cost of transport is up 11.9% in a year. Energy prices of course are another factor, with the price of electricity up 18.8% in a year, and gas up 28.8%. When the price cap is changed in April, prices are expected to rise by as much as 50%. She added: "Food and non-alcoholic drink prices made a much bigger contribution to inflation than we’re used to – with prices rising 5.4%. Within our trolleys there were some eye-watering rises, including margarine up 27.3% in a year, oils and fats 13.1%, sauces 11.6%, lamb 8.5%, low fat milk 8.2% and crisps 9%. When these essentials rise in price, it makes it far more difficult for us to cut costs.. "Clothes prices bucked the usual December trend and actually got more expensive during the month. We typically see them drop between November and December in the pre-Christmas sales, as shops try to clear the shelves of partywear. However, this year prices rose, as stores tried to capitalise on the return of Christmas parties and celebrations. Clothes prices are up 4.5% in a year, and children’s clothes are up 5.5%. "Then there are a host of things that we don’t buy regularly, but if we need to buy them, we’re in for a nasty shock. Second-hand cars are up 28.6% in a year. Demand has been outstripping supply, leading to some eye-watering rises. Someone who bought a second-hand car a year ago is likely to find it’s worth more now than when they bought it . "Home improvements, including maintenance and new furniture continued to rocket in price too. as a result of a home improvement boom from more people spending more time at home, and ongoing supply problems. Materials for home maintenance are now 13.9% more expensive than a year ago, while home furnishings are up 12.5%." 8.26am: Market fall tempered by postive updates Leading shares have opened slightly lower but not as bad as feared, despite the surge in UK inflation. The FTSE 100 is down just 8.7 points at 7554.85, helped by a couple of strong company updates. Luxury goods group  Burberry Group PLC (LSE:BRBY)  has jumped 4.44% after it said annual profits would rise by around 35% after a strong third quarter performance. Analysts had been expecting an increase of around 19%, but Burberry said it was benefiting from a rise in full price sales and a recovery in Asia and Europe. Meanwhile  Pearson PLC (LSE:PSON)  has put on 4.97% as it also forecast its results would beat expectations. The education specialist said sales would grow by 8% and operating profits by 33% to £385mln, better than the £375mln anticipated. Chief executive Andy Bird said: "We made great progress in the fourth quarter and are delivering a strong full year performance, with sales growth and profit exceeding our original guidance." 8.10am: Inflation to peak at 6.5%, says ING Inflation is likely to hit 6.5% in April, but that may well be the peak. That's the view of ING economist James Smith. He said: "UK inflation has once again come in above expectations, and we suspect this will add to the temptation at the Bank of England to hike rates again in February. "Headline CPI accelerated to 5.4% in December, and the underlying details reveal no single specific reason for that outperformance. Food prices jumped for a second consecutive month, which appears linked to higher import and producer cost inflation. Furniture prices rose more than usual for the time of year, likely a further by-product of supply chain disruptions. "Of course we’re now getting closer to the inflation peak, which we expect to be roughly 6.5% in April. That’s when the next increase in the household energy cap is due, and the latest futures prices suggest we’re looking at a 50% increase, followed perhaps by another (much smaller) increase in October. That means the electricity costs alone will be adding over 2 percentage points to the headline inflation rate for most of 2022.... "Headline inflation is likely to still be around 4% at year-end. And given the Bank of England has shown itself to be especially worried about elevated rates of CPI, these latest figures will increase the chances of a rate hike in February. Inflation is already comfortably above the rates forecasted by the Bank last November." But he added: "Given that headline CPI is likely to plunge in 2023, pretty much regardless of what happens to energy and used car prices over coming months, there are questions as to how worried the Bank should really be about the current levels of inflation. That’s why we think wage growth will assume higher priority in deciding how far to increase Bank rate this year... "We think a wage-price spiral is unlikely in the UK, and that suggests policymakers will tighten policy more gradually than markets are currently pricing. Remember, it's highly unlikely that wages will keep pace with inflation through the majority (if not all of) 2022, weighing on consumer activity. "We expect two rate hikes this year." 7.55am: More pain to come? Despite inflation hitting a 30 year high, there could be more pain to come. Alpesh Paleja, lead economist at the CBI, said: “We’ve not seen the end of rising inflation yet. We expect it to peak in the months ahead, not least if, as expected, the energy price cap is raised. “With prices on the rise and real wages already falling, it’s likely households will face a cost-of-living crunch for much of this year. “And with price pressures further up the supply chain still strong, the cost of doing business will also continue to climb sharply. “It's now vital that the Government comes forward with urgent solutions to protect the most vulnerable consumers, who will struggle most with anticipated price rises. Solutions must also be found for firms that are struggling with ever-growing cost burdens, especially energy-intensive businesses. This should be a precursor to longer-term energy market reforms, to build resilience against future energy price shocks.” 7.47am: Squeeze on wages as inflation jumps UK inflation has soared to its highest level for nearly 30 years, increasing the squeeze on the cost of living and piling more pressure on the Bank of England to raise interest rates next month. The consumer price index rose to 5.4% last month, up from 5.1% in November and more than the expected 5.2%. This is the highest level since March 1992, and comes a day after wage growth slowed to 3.8%. Grant Fitzner continued: (2/4) Further rises could come in April when a new energy price cap could see household bills rise sharply. And planned tax increases are likely to hit household finances even more. The Bank belated increased interest rates from 0.1% to 0.25% last month and could now act again at its February meeting. Lauren Thomas, Economist at Glassdoor: "Inflation is eating away at wages at a brutal pace we haven't seen for many years. Lower income workers are being hit particularly hard, especially as the cost of fuel and electricity rises. If employers don't want their workers joining the Great Resignation, they need to pay attention to inflation and increase wages to keep their pay competitive." 6.50am: Markets under pressure again The FTSE 100 is set to start lower on Wednesday, following US indices which fell sharply as the spectre of inflation continues to loom. CFD firm IG Markets calls the London benchmark down 36 points making a price of 7,533 to 7,535 with just over an hour to go until the open. Whilst US caution over interest rates clipped equity markets, in Europe the main features on the economic calendar are today’s CPI numbers for the UK and Germany. Both will be focal points for central bank watchers and interest rate second guessers. “Rising bond yields across the globe reflected growing market concern that central banks might have to hike rates and embark on quantitative tightening much more aggressively than had originally been priced,” CMC Markets analyst Michael Hewson said in a note. The analyst noted strong UK employment numbers but wasn’t convinced that it protects against rising prices. “While that might mean wages probably won’t fall much further, that doesn’t mean that they will start to play catchup with prices which are showing little sign of slowing,” he added. Last night on Wall Street, the Dow Jones shed 543 points or 1.51% to close at 35,368. The S&P 500 gave up 1.84% to 4,577 and the Nasdaq lost more, falling 2.6% to finish at 14,506. Meanwhile, the small-cap focussed Russell 2000 index was down a little more than 3% to 2,096. Around the markets Silver: US$23.53 per ounce, up 0.24% Brent crude: US$88 per barrel, up 1.7% WTI crude: US$86.05, up 2% Bitcoin: US$41,821, down 1% 6.50am: Early Markets - Asia / Australia Asia-Pacific shares tumbled on Wednesday as oil prices rose for a fourth day to a seven-year high amid worrisome geopolitical troubles in Russia and the United Arab Emirates. The Nikkei in Japan plunged 2.80% and South Korea’s Kospi moved 0.75% lower. China’s Shanghai Composite fell 0.53% while Hong Kong’s Hang Seng index dipped 0.40%. Australia’s S&P/ASX200 closed 1.03% lower at 7332.5 points, with the information technology sector dropping 2.6%. Add related topics to MyProactive

Pearson Investments

20 Investments

Pearson has made 20 investments. Their latest investment was in Credly as part of their Series A - II on April 4, 2019.

CBI Logo

Pearson Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/12/2019

Series A - II

Credly

$11.11M

Yes

2

1/21/2015

Seed

Ubongo

$0.08M

Yes

1

1/22/2014

Series A

NewGlobe Schools

$52.98M

Yes

1

8/2/2013

Series B

Subscribe to see more

$99M

Subscribe to see more

10

7/1/2013

Corporate Minority

Subscribe to see more

Subscribe to see more

10

Date

4/12/2019

1/21/2015

1/22/2014

8/2/2013

7/1/2013

Round

Series A - II

Seed

Series A

Series B

Corporate Minority

Company

Credly

Ubongo

NewGlobe Schools

Subscribe to see more

Subscribe to see more

Amount

$11.11M

$0.08M

$52.98M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

2

1

1

10

10

Pearson Portfolio Exits

17 Portfolio Exits

Pearson has 17 portfolio exits. Their latest portfolio exit was Pearson - Pearson Immersive Learning Group on December 18, 2019.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

12/18/2019

Divestiture

1

12/18/2019

Acquired

$99M

13

5/6/2019

Asset Sale

2

2/13/2018

Acq - Fin

Subscribe to see more

Subscribe to see more

10

11/27/2017

Acq - Fin

Subscribe to see more

$99M

Subscribe to see more

10

Date

12/18/2019

12/18/2019

5/6/2019

2/13/2018

11/27/2017

Exit

Divestiture

Acquired

Asset Sale

Acq - Fin

Acq - Fin

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

1

13

2

10

10

Pearson Acquisitions

44 Acquisitions

Pearson acquired 44 companies. Their latest acquisition was Faethm AI on September 07, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

9/7/2021

$99M

Acquired

1

2/28/2021

Seed / Angel

$99M

$0.25M

Acquired

2

1/22/2020

Series C

$99M

$31.44M

Acquired

2

11/4/2019

Debt

Subscribe to see more

$99M

$99M

Subscribe to see more

10

7/28/2016

Subscribe to see more

$99M

Subscribe to see more

10

Date

9/7/2021

2/28/2021

1/22/2020

11/4/2019

7/28/2016

Investment Stage

Seed / Angel

Series C

Debt

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$0.25M

$31.44M

$99M

Note

Acquired

Acquired

Acquired

Subscribe to see more

Subscribe to see more

Sources

1

2

2

10

10

Pearson Partners & Customers

10 Partners and customers

Pearson has 10 strategic partners and customers. Pearson recently partnered with Seppo on September 9, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

9/29/2021

Partner

Seppo

Finland

Pearson English and Seppo - When the best of language learning meets innovative gamification technology!

World 's leading educational publisher Pearson and Seppo have partnered to offer learning games for different audiences around the globe .

1

9/21/2021

Partner

Knowledgehook

Canada

Pearson and Knowledgehook collaborate to enhance blended learning and increase math support in schools - Communitech

`` Knowledgehook really brings content to life and this Pearson integration will enable more teachers and students in Canada to benefit . ''

1

6/24/2021

Partner

Ulster University

United Kingdom

Pearson : ULSTER UNIVERSITY AND PEARSON ANNOUNCE MAJOR ONLINE DEGREE PARTNERSHIP

London and Belfast , 24th June 2021 : Ulster University and Pearson , the world 's leading learning company , have today announced a major new partnership which will enable students globally to study career-focused , world-class courses online .

2

5/23/2021

Partner

DMCC

United Arab Emirates

Subscribe to see more

Subscribe to see more

10

3/18/2021

Partner

The George Washington University

United States

Subscribe to see more

Subscribe to see more

10

Date

9/29/2021

9/21/2021

6/24/2021

5/23/2021

3/18/2021

Type

Partner

Partner

Partner

Partner

Partner

Business Partner

Seppo

Knowledgehook

Ulster University

DMCC

The George Washington University

Country

Finland

Canada

United Kingdom

United Arab Emirates

United States

News Snippet

Pearson English and Seppo - When the best of language learning meets innovative gamification technology!

World 's leading educational publisher Pearson and Seppo have partnered to offer learning games for different audiences around the globe .

Pearson and Knowledgehook collaborate to enhance blended learning and increase math support in schools - Communitech

`` Knowledgehook really brings content to life and this Pearson integration will enable more teachers and students in Canada to benefit . ''

Pearson : ULSTER UNIVERSITY AND PEARSON ANNOUNCE MAJOR ONLINE DEGREE PARTNERSHIP

London and Belfast , 24th June 2021 : Ulster University and Pearson , the world 's leading learning company , have today announced a major new partnership which will enable students globally to study career-focused , world-class courses online .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

1

2

10

10

Pearson Service Providers

1 Service Provider

Pearson has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Corporate Minority

Investment Bank

Financial Advisor

Service Provider

Associated Rounds

Corporate Minority

Provider Type

Investment Bank

Service Type

Financial Advisor

Partnership data by VentureSource

Pearson Team

84 Team Members

Pearson has 84 team members, including current Founder, Senior Vice President, Milena Marinova.

Name

Work History

Title

Status

Milena Marinova

Founder, Senior Vice President

Current

Will Ethridge

Chief Executive Officer

Current

John Fallon

Chief Executive Officer

Current

Marjorie Scardino

Chief Executive Officer

Current

David Arculus

Chief Operating Officer

Current

Name

Milena Marinova

Will Ethridge

John Fallon

Marjorie Scardino

David Arculus

Work History

Title

Founder, Senior Vice President

Chief Executive Officer

Chief Executive Officer

Chief Executive Officer

Chief Operating Officer

Status

Current

Current

Current

Current

Current

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.