April 26, 2018. Kortext, a world leading personal learning platform and digital textbook and learning content provider, has been selected as a member of the 2018 London Stock Exchange ELITE Programme. This selection validates Kortext as a serious disrupter in the education space as learning content transitions from print to digital. The Company has a leading position in the UK and is scaling internationally very quickly. The acceptance onto the ELITE Programme will mean that Kortext will join an international investment community that include the likes of Business Growth Fund, Deloittes, GP Bullhound, Index Ventures, Numis and UBS.
The ELITE Programme is designed to help fast growing companies as they prepare and structure for the next stage of international growth through sharing experiences, enabling access to a range of funding opportunities and delivering a dedicated training programme.
The ELITE Programme creates a unique ecosystem that draws together the most exciting private growth companies, entrepreneurs and business leaders. It will also allow Kortext to access institutional investors through the London Stock Exchange ELITE Club Deal platform. Since launching in 2012, the ELITE Programme has grown into a unique ecosystem of 800+ companies from 35 sectors from around the world.
Kortext provides over 500,000 etextbooks from some of the world's biggest and most influential education publishers such as Pearson, McGraw Hill, Taylor & Francis, Wiley, Cambridge University Press and Oxford University Press. Learners that utilise the platform to access their digital learning resources are able to study anytime, anywhere on any device, serving the on-demand digitised world of today. Kortext also supplies innovative learning analytics, which can give a deeper insight into learning habits, inform decision making and help create personalised learning paths. Kortext partners globally with local distributors, publishers and global technology companies such as Microsoft, HP and Samsung to accelerate adoption of digital learning.
James Gray, Founder and CEO at Kortext, stated, "This is an incredible opportunity for Kortext to accelerate towards achieving our potential as the leader in the Personal Learning and Digital Content Sector. We have raised cú10 million to date and continue to accelerate our business' growth, year on year. This selection onto the London Stock Exchange ELITE Programme will further support our mission and enable us to build relationships with the ELITE Programme and its world class partners."