Penn Foster Overview

  • Year Founded
  • 1890

Year Founded

  • Status
  • Private

  • Employees
  • 976

Employees

  • Latest Deal Type
  • Buyout/​LBO

  • Financing Rounds
  • 7

  • Investments
  • 3

Penn Foster General Information

Description

Provider of educational programs intended to assist students in starting a new career and pursuing lifelong learning. The company offers career-focused degree and vocational education programs as well as skills training and accredited diploma certificates, enabling learners to acquire core competencies in their chosen technical and professional fields in allied health, business, technology, education and select trades, delivering affordable and accessible education.

Contact Information

Formerly Known As
International Correspondence Schools, Thomson Education Direct, Colliery School of Mines, Harcourt Learning
Ownership Status
Privately Held (backing)
Financing Status
Private Equity-Backed
Primary Industry
Educational and Training Services (B2C)
Corporate Office
  • P.O. Box 1900
  • Scranton, PA 18501
  • United States
+1 (570) 000-0000

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Penn Foster Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Penn Foster Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of educational programs intended to assist students in starting a new career and pursuing lifelong learning. Th
Educational and Training Services (B2C)
Scranton, PA
976 As of 2023
00.000
000000000000

00 000

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00000000000 000 0000
Zurich, Switzerland
00000 As of 0000

000 00

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00000000000 000 0000
Bengaluru, India
0000 As of 0000
00000
000000&0
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Penn Foster Competitors (24)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
EF Education First Corporation Zurich, Switzerland 00000
K12 Techno Services Private Equity-Backed Bengaluru, India 0000 00000 000000&0
NWEA Corporate Backed or Acquired Portland, OR 000 000000&0
Pearson Holdings Corporate Backed or Acquired Cape Town, South Africa 000000&0
Pearson Sistemas Do Brasil Corporation Ribeirao Bonito, Brazil
You’re viewing 5 of 24 competitors. Get the full list »

Penn Foster Executive Team (29)

Name Title Board Seat
Connie Dempsey Chief Academic Officer
Kermit Cook Chief Executive Officer
Frank Jalufka Chief Financial Officer
Nial McLoughlin Chief Technology Officer & Senior Vice President
Stacy Caldwell General Manager, High School and Career
You’re viewing 5 of 29 executive team members. Get the full list »

Penn Foster Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Penn Foster Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Penn Foster Investments (3)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Career Step 12-Oct-2021 0000000000 Educational Software 00000 000
CareerExplorer (Application Software) 08-Mar-2021 0000000000 0000 Application Software 00000 000
Ashworth College 06-Feb-2019 Buyout/LBO Education and Training Services (B2B) 00000 000
To view Penn Foster’s complete investments history, request access »

Penn Foster Subsidiaries (3)

Company Name Industry Location Founded
CareerExplorer (Application Software) Application Software Vancouver, Canada 2012
Career Step Educational Software Lehi, UT 0000
Ashworth College Education and Training Services (B2B) Norcross, GA 0000
To view Penn Foster’s complete subsidiaries history, request access »

Penn Foster FAQs

  • When was Penn Foster founded?

    Penn Foster was founded in 1890.

  • Who is the founder of Penn Foster?

    Thomas Foster is the founder of Penn Foster.

  • Who is the CEO of Penn Foster?

    Kermit Cook is the CEO of Penn Foster.

  • Where is Penn Foster headquartered?

    Penn Foster is headquartered in Scranton, PA.

  • What is the size of Penn Foster?

    Penn Foster has 976 total employees.

  • What industry is Penn Foster in?

    Penn Foster’s primary industry is Educational and Training Services (B2C).

  • Is Penn Foster a private or public company?

    Penn Foster is a Private company.

  • What is Penn Foster’s current revenue?

    The current revenue for Penn Foster is 000000.

  • How much funding has Penn Foster raised over time?

    Penn Foster has raised $1.19M.

  • Who are Penn Foster’s investors?

    BayPine, Everberg Capital, FoW Partners, and Linden (Chicago) have invested in Penn Foster.

  • Who are Penn Foster’s competitors?

    EF Education First, K12 Techno Services, NWEA, Pearson Holdings, and Pearson Sistemas Do Brasil are some of the 24 competitors of Penn Foster.

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