Ufi-supported organisations make EdTech top 50 list
Four Ufi-supported organisations, including three Ufi Ventures portfolio companies, have made BusinessCloud’s EdTech 50 ranking for 2024.
The list recognises the most innovative education technology creators in the UK.
BusinessCloud’s readers and an expert judging panel decided the country’s most innovative startups, scaleups and established technology firms.
Ufi-supported organisation CENTURY came in 13th place on the top EdTech 50 list.
CENTURY use artificial intelligence to recommend courses and provide tailored learning resources to learners in FE undertaking Initial Assessments in English and maths.
They received funding from Ufi in 2021 as part of the VocTech Challenge: Levelling up learning. This programme supported the development of VocTech solutions which focussed on helping adults get the confidence they need to gain skills for work.
Ufi Ventures portfolio company AutonoMe came in 35th place on the top EdTech 50 list.
AutonoMe use mobile technology to help people with learning disabilities and autism develop skills for independent living and employment.
Ufi Ventures invested in AutonoMe in April 2023. The seed investment is enabling AutonoMe to provide support to more people and expand its platform with the development of new features to make it more accessible and user-friendly.
Ufi Ventures portfolio company Metaverse Learning came in 40th place on the top EdTech 50 list.
Metaverse Learning use virtual reality, virtual environments and augmented reality to produce engaging and immersive online training experiences that bring learning to life.
Ufi invested in Metaverse Learning in February 2023. This investment developed a new-to-market Assessor Mode feature, helping tutors gain deeper learner insights, enabling personalised learner journeys, and providing in-program learner support. This investment is also supporting Metaverse Learning to nearly double their program library within the next year, expanding on their current offerings.
Ufi Ventures portfolio company FlashAcademy came in 42nd place on the top EdTech 50 list.
The FlashAcademy platform uses a proven combination of lessons, games, flashcards, tutor videos, and object translation to support people in becoming more confident in using English where it is not their first language.
Ufi invested in FlashAcademy in July 2020 alongside Midven and several individual investors. This investment fits with our focus on investing to help people in the UK to build the essential skills needed for work, now and in the future, including literacy, numeracy, digital skills, interpersonal and problem-solving skills.
As part of the EdTech ranking, BusinessCloud polled the top 50 companies and the judging panel to find out the latest trends in EdTech and workplace development.
Of those polled, 75% said they had seen an acceleration in the adoption of education technology over the past 12 months. However, 80% said not enough is being done to improve accessibility and inclusivity in education and workplace development.
At Ufi we support the development and deployment of vocational technology to help adults gain skills for work. We have a particular role in unlocking potential in the communities, sectors, skill levels and places currently underserved by mainstream provision, helping ensure everyone is included and no one is left behind.